# 3 bedroom detached bungalow for sale (PE38 9PX) ## Property Details | Key | Value | |-----|-------| | Address | 6 HOLLY CLOSE, DOWNHAM MARKET, NORFOLK PE38 9PX | | Price | £325,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | C | | Last sold | £215,000 Mar 2021 | ## Description Positioned within a cul-de-sac is this immaculately presented three bedroom detached bungalow. The property has been modernised throughout, creating a light and airy home. The modernisation includes new gas central heating along with a fully fitted kitchen/breakfast room to the front, with dual aspect windows and integral appliances. The lounge/diner is also to the front with dual aspect windows and engineered oak flooring. There are three bedrooms, one with patio doors to the side garden. The second bedroom leads to the conservatory and onto the rear garden. The shower room has also been updated with walk-in shower and ‘His and Her’ hand wash basins. Externally, there is a private driveway for off road parking along with a carport and garage. There are gardens to the side and rear, mainly laid to lawn with two patio areas and raised beds to borders. Located with good access to the towns amenities and also the train station on the King’s Lynn to London King’s Cross line. ## Property Photos - ![Photo](/listings/photos/145102985/298201) - ![Photo](/listings/photos/145102985/298202) - ![Photo](/listings/photos/145102985/298203) - ![Photo](/listings/photos/145102985/298204) - ![Photo](/listings/photos/145102985/298205) - ![Photo](/listings/photos/145102985/298206) - ![Photo](/listings/photos/145102985/298207) - ![Photo](/listings/photos/145102985/298208) - ![Photo](/listings/photos/145102985/298209) - ![Photo](/listings/photos/145102985/298210) - ![Photo](/listings/photos/145102985/298211) - ![Photo](/listings/photos/145102985/298212) - ![Photo](/listings/photos/145102985/298213) - ![Photo](/listings/photos/145102985/298214) - ![Photo](/listings/photos/145102985/298215) - ![Photo](/listings/photos/145102985/298216) - ![Photo](/listings/photos/145102985/298217) - ![Photo](/listings/photos/145102985/298218) - ![Photo](/listings/photos/145102985/298219) - ![Photo](/listings/photos/145102985/298220) - ![Photo](/listings/photos/145102985/298221) - ![Photo](/listings/photos/145102985/298222) - ![Photo](/listings/photos/145102985/298223) ## Floorplans - ![Floorplan 1](/listings/photos/145102985/298224) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/145102985/298225) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 6 HOLLY CLOSE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9PX | £215,000 | 05/03/2021 | Detached | | 6 HOLLY CLOSE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9PX | £75,000 | 09/08/1999 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 44 WILLOW ROAD, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9PG | £440,000 | 23/01/2026 | Detached | | 18 GALLOW DRIVE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9RD | £315,000 | 11/12/2025 | Detached | | 24 GRIMSHOE ROAD, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9RA | £255,000 | 28/11/2025 | Detached | | 28 GALLOW DRIVE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9RD | £286,000 | 27/11/2023 | Detached | | 2 WAYLAND WALK, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9TE | £265,000 | 25/07/2023 | Detached | | 3 BEECH ROAD, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9PH | £270,000 | 21/07/2023 | Detached | | 7 PALOMINO DRIVE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9GG | £330,000 | 26/06/2023 | Detached | | 21 BULRUSH AVENUE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9HE | £262,000 | 04/05/2023 | Detached | | 4 WAYLAND WALK, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9TE | £360,000 | 21/04/2023 | Detached | | 31 MALLARD END, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9HN | £285,000 | 04/04/2023 | Detached | | 22 BULRUSH AVENUE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9HE | £245,000 | 31/03/2023 | Detached | | 8 WAYLAND WALK, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9TE | £288,500 | 10/03/2023 | Detached | | 64 GRIMSHOE ROAD, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9WF | £325,000 | 02/12/2022 | Detached | | 26 GALLOW DRIVE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9RD | £272,000 | 04/11/2022 | Detached | | 66 GRIMSHOE ROAD, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9WF | £270,000 | 17/10/2022 | Detached | | 5 WAYLAND WALK, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9TE | £300,000 | 26/09/2022 | Detached | | 11 BULRUSH AVENUE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9HE | £260,000 | 21/07/2022 | Detached | | 63 GRIMSHOE ROAD, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9WF | £318,000 | 13/07/2022 | Detached | | 7 WAYLAND WALK, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9TE | £290,000 | 15/06/2022 | Detached | | 10 PALOMINO DRIVE, DOWNHAM MARKET, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE38 9GG | £280,000 | 15/06/2022 | Detached | **Area average:** £295,825 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £361,206 (34 Detached, PE38, 2024–2026) - **Deviation:** -10% ## Rental Range *ONS Price Index of Private Rents (King's Lynn and West Norfolk). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £840/mo - **Realistic:** £933/mo - **Optimistic:** £1,026/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Kings Lynn (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £773/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Terraced House, Playhouse Yard, PE38 | £975/mo | 3 | 0.42 miles | OpenRent | **Average rent: £975/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.3% (weak for cashflow) - **Max investor price (0.8%):** £121,875 - **Target investor price (1%):** £97,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £975/mo).* - **Gross yield:** 3.6% - **Cost-to-rent:** 27.8× - **Monthly cashflow:** £-427/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -5.4% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 17.6% - **10y growth:** 50.2% ## House Price Index (HM Land Registry) *Official index for King's Lynn and West Norfolk; Detached series; as of March 2026.* - **1y growth (index):** 1.4% - **5y growth (index):** 12.2% - **10y growth (index):** 38.9% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)