Initial price	£170,000
28/12/23	£160,000
Price Change	-5.88%

Situated in the town center of Downham Market, this excellent freehold development conversion and investment opportunity comprises a two-story period property with a ground floor retail unit and a one-bedroom self-contained apartment above, as well as a communal garden area to the rear and a garage. The property has been granted planning permission and building control for a change of use to residential and a conversion to a three-bedroom mid-terrace property. The ground floor has a retail unit with UPVC double glazing and was recently used as a hairdresser, while the first floor provides approximately 48 square meters of living space with electric heating, a living room, kitchen, bedroom, and bathroom. The apartment is currently let on a statutory periodic tenancy at £450 per month.