4 Bed Terraced House, Planning Permission, King's Lynn, PE30 1QS, £350,000

St Anne's Fort, King's Lynn, PE30 1QS - 2 years ago

Planning
~129 m²
+8 photos

ValuationOvervalued

Sold Prices£143K - £515K
Sold Prices/m²£895/m² - £3.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.7K/m²

Value Estimate

£297,716

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£825 - £1,330

Rent Estimate

£856

Running Costs/mo

£1,285

Cashflow/mo

£-429

Cashflow/yr

£-5,147

Gross Yield

3%

Local Sold Prices

28 sold prices from £143K to £515K, average is £255K. £895/m² to £3.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£146.5K08/210.16 mi7, Albert Avenue, King's Lynn, Norfolk PE30 1EE4
£170K10/200.33 mi12, Saltpans Close, King's Lynn, Norfolk PE30 2AT4
£200K12/200.36 mi24, Portland Street, King's Lynn, Norfolk PE30 1PB4
£143K04/240.41 mi2, Foxs Lane, West Lynn, King's Lynn, Norfolk PE34 3LY4
£325K01/210.42 mi10, St Johns Terrace, King's Lynn, Norfolk PE30 1NW4
£295K09/210.53 mi20, Nelson Street, King's Lynn, Norfolk PE30 5DY4
£295K09/210.53 mi20, Nelson Street, King's Lynn, Norfolk PE30 5DY4
£279.9K05/230.55 mi39, Sculthorpe Avenue, West Lynn, King's Lynn, Norfolk PE34 3NF4
£372K11/230.57 mi1, Samphire Place, West Lynn, King's Lynn, Norfolk PE34 3JE4
£191.5K09/230.64 mi36, Seabank Way, King's Lynn, Norfolk PE30 2NQ4
£345K10/230.65 mi109, Gaywood Road, King's Lynn, Norfolk PE30 2PU4
£235K05/210.65 mi63, Tennyson Avenue, King's Lynn, Norfolk PE30 2QG4
£200K12/220.68 mi5, Riversway, King's Lynn, Norfolk PE30 2ED4
£265K11/230.68 mi4, Cedar Way, West Lynn, King's Lynn, Norfolk PE34 3JY4
£332.5K10/230.74 mi4, St Peters Road, West Lynn, King's Lynn, Norfolk PE34 3LG4
£210K06/210.78 mi44, Windsor Road, King's Lynn, Norfolk PE30 5PL4
£515K12/220.78 mi108, Tennyson Road, King's Lynn, Norfolk PE30 5PA4
£262.5K04/210.84 mi22, Park Avenue, King's Lynn, Norfolk PE30 5NJ4
£260K04/210.84 mi42, Extons Gardens, King's Lynn, Norfolk PE30 5PF4
£460K06/230.85 mi46b, Goodwins Road, King's Lynn, Norfolk PE30 5QX4
£205K09/210.85 mi4, Snowdrop Close, West Lynn, King's Lynn, Norfolk PE34 3NH4
£210K11/210.85 mi7, Snowdrop Close, West Lynn, King's Lynn, Norfolk PE34 3NH4
£250K09/230.88 mi20, Avenue Road, King's Lynn, Norfolk PE30 5NW4
£233K10/220.88 mi1, Wallflower Lane, West Lynn, King's Lynn, Norfolk PE34 3NQ4
£350K04/240.92 mi1, Swan Lane, Gaywood, King's Lynn, Norfolk PE30 4HE4
£300K02/230.92 mi18, Eastfields Close, Gaywood, King's Lynn, Norfolk PE30 4HQ4
£173.5K09/210.99 mi18, Sidney Street, King's Lynn, Norfolk PE30 5RF4
£173.5K09/210.99 mi18, Sidney Street, King's Lynn, Norfolk PE30 5RF4

Local Rents

24 rents from £825/mo to £1.3K/mo, average is £998/mo.

RentDateDistanceAddressBeds 
£1,05006/240.15 miChapel Street3
£85006/240.16 miSir Lewis Street, Kings Lynn, Norfolk, PE303
£89506/240.16 miKings Lynn3
£92509/240.19 miSir Lewis Street, KING'S LYNN3
£89508/240.2 miSir Lewis Street, King's Lynn, PE303
£82506/240.21 miGeorge Street, KINGS LYNN, King's Lynn, PE303
£95009/240.21 miCresswell Street, King's Lynn, King's Lynn, PE303
£95006/240.26 miCresswell Street, KING'S LYNN3
£1,00006/240.27 miKing Street, King's Lynn, PE303
£95008/240.27 miKing Street, King's Lynn, PE303
£1,33006/240.28 miKing's Lynn3
£95006/240.32 miLoke Road, KING'S LYNN3
£1,00007/240.33 miLoke Road, KING'S LYNN3
£95006/240.34 miWoodwark Avenue3
£99502/250.39 mi-3
£1,00006/240.41 miBlackfriars Road - Kings Lynn3
£1,10007/240.41 miBlackfriars Road - Kings Lynn3
£1,00006/240.44 miSt James Court, King's Lynn, PE303
£1,20008/240.44 miSt James Court, King's Lynn, PE303
£1,25006/240.48 miHISTORIC LYNN - Renovated 3 Bed Apartment with River Views3
£1,00006/240.5 miPriory Lane, King's Lynn3
£1,10006/240.52 miKing's Lynn3
£1,10008/240.52 mi30 Low Road, King's Lynn, PE303
£90006/240.53 miNelson Street, King's Lynn, PE303

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.96 miles away

Nearest school

0.40 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £350,000

September 27, 2023

Floor Plans

Description

  • Historic, family home +
  • 3 Storey +
  • 4 Bedrooms +
  • Ample parking +
  • South facing garden +
  • 2 Bathrooms +
  • Utility +
  • Town centre location +
  • Rooftop garden potential. +
  • Plans for further development +

If you like your house to have a truly unique look and a lot of history, the The Old Fort House could be just the home for you. The current owners have made great strides to update and improve this family home which is set in a conservation area within the town centre.. Set over three floors, the house has an abundance of Victorian character and has a lounge lounge set to the front of the home with a study room just off and a shower room set further back. To the rear is a stylish, contemporary kitchen with a range of fitted units, a granite work-surface, French doors to the rear garden and an opening to the utility room. To the 1st floor doors lead to the family bathroom which has been updated by the current owners and to the 3 bedrooms which comprise 2 double bedrooms each with feature fireplaces and a single room with skylight (no windows to the walls). The top floor comprises a large bedroom with access to the roof and a 23ft3 dressing room which has potential as an ensuite / dressing room. The 2nd floor bedroom is currently being worked upon, a new flat roof has been installed and will be finished upon completion of a sale. 
To the front of the house is ample parking for several vehicles and to the rear you will find a south-facing courtyard garden which is laid to patio with a wall surrounding.
The house has been a family home for many years now and the current owners have attained planning permission to further improve the house with a roof top observatory, dormer window and more*. * Full planning details are available on the KLWNBC planning website. These can be found using the planning reference 19/00816/F

Agent Details

Russen & Turner, Kings Lynn

01553 603361

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪