3 Bed Detached House, Single Let, King's Lynn, PE34 3DH, £285,000

Prophets Alley, Wiggenhall St. Mary Magdalen, King's Lynn, Norfolk, PE34 3DH - a year ago

Sold STC
BTL
~115 m²
+10 photos

ValuationUndervalued

Sold Prices£183K - £335K
Sold Prices/m²£2.2K/m² - £3.6K/m²

 

 

Square Metres

~115.30 m²
Price/m²£2.5K/m²

Value Estimate

£316,448
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£17,200

Total Cash In

£88,450

 

 

Cash Out

 

Rent Range

£750 - £1,400

Rent Estimate

£785

Running Costs/mo

£1,068

Cashflow/mo

£-283

Cashflow/yr

£-3,391

Gross Yield

3%

Local Sold Prices

25 sold prices from £183K to £335K, average is £220K. £2.2K/m² to £3.6K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£220K07/210.13 mi30, Stow Road, Magdalen, King's Lynn, Norfolk PE34 3BX3
£217K10/230.13 mi45, Stow Road, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BX3
£225K08/230.17 mi29, Park Crescent, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BU3
£238K02/230.17 mi18, Park Crescent, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BU3
£185K09/220.21 mi49, Stow Road, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BY3
£335K06/210.3 miBarn Cottage, 80, Stow Road, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3DJ3
£275.5K05/210.39 mi32, Mill Road, Magdalen, King's Lynn, Norfolk PE34 3BZ3
£288K06/210.39 mi34, Mill Road, Magdalen, King's Lynn, Norfolk PE34 3BZ3
£296.5K03/230.46 mi90, Stow Road, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BB3
£195K12/210.89 mi48, Paige Close, Watlington, King's Lynn, Norfolk PE33 0TQ3
£204.5K12/200.94 mi4, Britton Close, Watlington, King's Lynn, Norfolk PE33 0JQ3
£187.5K04/230.94 mi28, Bure Close, Watlington, King's Lynn, Norfolk PE33 0TN3
£230K02/240.94 mi3, Bure Close, Watlington, King's Lynn, Norfolk PE33 0TN3
£183K01/210.95 mi12, Lark Road, Watlington, King's Lynn, Norfolk PE33 0TL3
£220K11/210.95 mi3, Thomas Close, Watlington, King's Lynn, Norfolk PE33 0TG3
£230K05/210.95 mi8, Thomas Close, Watlington, King's Lynn, Norfolk PE33 0TG3
£235K06/210.98 mi51, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TB3
£260K06/240.98 mi39, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TB3
£235K03/230.98 mi69, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TB3
£198K04/210.99 mi48, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£185K12/200.99 mi8, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£240K09/220.99 mi68, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£200K12/200.99 mi20, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£190K11/200.99 mi104, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£215K01/230.99 mi8, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3

Local Rents

13 rents from £750/mo to £1.4K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£92512/240.31 mi-3
£90006/240.91 miPaige Close, Watlington2
£95012/241.03 miNene Road, Watlington, KING'S LYNN3
£80006/241.03 mi-2
£85010/241.03 mi-2
£1,10006/241.14 miMartin Close, Watlington, PE333
£79512/241.23 mi-2
£77512/241.25 mi-2
£75012/241.3 miChurch Road, Watlington, PE332
£1,05006/241.7 miFoxglove Walk, Wiggenhall St Germans, PE343
£1,05006/241.83 miTurrell Close, Wiggenhall St. Germans.3
£1,40012/241.87 mi Tottenhill, King's Lynn, PE333
£1,00006/241.88 miLynn Road, Wiggenhall St. Germans, King's Lynn3

Local Area Statistics

Population in PE34

13,973

Population in King's Lynn

108,995

Town centre distance

6.13 miles away

Nearest school

0.30 miles away

Nearest train station

0.88 miles away

 

 

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £285,000

January 11, 2025

Listed for £300,000

May 3, 2024

Floor Plans

Description

GUIDE PRICE £285000 - £300000

Nestled at the end of a tranquil lane, this charming three-bedroom detached cottage in Wiggenhall St Mary Magdalen offers a serene retreat. Set against the picturesque backdrop of the riverbank, it beckons with the promise of leisurely strolls and peaceful contemplation.

Step inside to discover a warm and inviting interior, where ample living space awaits. The heart of the home is a sprawling 27ft lounge/diner, perfect for cosy evenings. Adjacent lies a separate dining room, providing a great flow throughout the home. The well-equipped kitchen provides functionality with access to a conservatory.

Ascending to the first floor, three generously sized bedrooms await and concluding the accommodation is a generous bathroom boasting a four-piece suite.

Outside, the cottage is enveloped by lush greenery, offering a private retreat from the bustle of everyday life. Yet, convenience is never far away, with Kings Lynn town just a few miles distant. Here, an array of amenities await, ensuring that every need is met. For those seeking adventure further afield, the nearby train station offers a direct route to London Kings Cross.

With its idyllic setting and spacious living spaces, this cottage could be your perfect home

Agent Details

Abbotts, Kings Lynn

01553 603463

Next Steps?

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