3 Bed Detached House, Single Let, King's Lynn, PE34 3DJ, £365,000

71 Stow Road, King's Lynn, Norfolk, PE34 3DJ - 10 months ago

BTL
138 m²
+16 photos

ValuationUndervalued

Sold Prices£149K - £416K
Sold Prices/m²£2.2K/m² - £8.4K/m²

 

 

Square Metres

138.40 m²
Price/m²£2.6K/m²

Value Estimate

£383,745
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£17,900

Total Cash In

£109,150

 

 

Cash Out

 

Rent Range

£750 - £1,400

Rent Estimate

£783

Running Costs/mo

£1,317

Cashflow/mo

£-534

Cashflow/yr

£-6,411

Gross Yield

3%

Local Sold Prices

50 sold prices from £149K to £416K, average is £235K. £2.2K/m² to £8.4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£335K06/210.02 miBarn Cottage, 80, Stow Road, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3DJ3
£185K09/220.07 mi49, Stow Road, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BY3
£220K07/210.15 mi30, Stow Road, Magdalen, King's Lynn, Norfolk PE34 3BX3
£217K10/230.15 mi45, Stow Road, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BX3
£275.5K05/210.17 mi32, Mill Road, Magdalen, King's Lynn, Norfolk PE34 3BZ3
£288K06/210.17 mi34, Mill Road, Magdalen, King's Lynn, Norfolk PE34 3BZ3
£296.5K03/230.18 mi90, Stow Road, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BB3
£225K08/230.19 mi29, Park Crescent, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BU3
£238K02/230.19 mi18, Park Crescent, Wiggenhall St Mary Magdalen, King's Lynn, Norfolk PE34 3BU3
£149K07/210.75 mi128, Stow Road, Magdalen, King's Lynn, Norfolk PE34 3BD3
£195K12/210.93 mi48, Paige Close, Watlington, King's Lynn, Norfolk PE33 0TQ3
£220K11/210.98 mi3, Thomas Close, Watlington, King's Lynn, Norfolk PE33 0TG3
£230K05/210.98 mi8, Thomas Close, Watlington, King's Lynn, Norfolk PE33 0TG3
£198K04/211.02 mi48, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£185K12/201.02 mi8, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£240K09/221.02 mi68, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£200K12/201.02 mi20, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£190K11/201.02 mi104, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£235K06/211.02 mi51, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TB3
£260K06/241.02 mi39, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TB3
£235K03/231.02 mi69, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TB3
£215K01/231.02 mi8, John Davis Way, Watlington, King's Lynn, Norfolk PE33 0TD3
£204.5K12/201.03 mi4, Britton Close, Watlington, King's Lynn, Norfolk PE33 0JQ3
£183K01/211.06 mi12, Lark Road, Watlington, King's Lynn, Norfolk PE33 0TL3
£187.5K04/231.07 mi28, Bure Close, Watlington, King's Lynn, Norfolk PE33 0TN3
£230K02/241.07 mi3, Bure Close, Watlington, King's Lynn, Norfolk PE33 0TN3
£195K03/211.08 mi7, Stone Close, Watlington, King's Lynn, Norfolk PE33 0TE3
£235K04/231.13 mi27, Station Road, Watlington, King's Lynn, Norfolk PE33 0JF3
£305K01/231.13 mi19, Station Road, Watlington, King's Lynn, Norfolk PE33 0JF3
£300K06/211.13 mi59, Station Road, Watlington, King's Lynn, Norfolk PE33 0JF3
£200K01/231.14 mi17, Nene Road, Watlington, King's Lynn, Norfolk PE33 0TP3
£179K03/211.14 mi10, Nene Road, Watlington, King's Lynn, Norfolk PE33 0TP3
£225K03/211.16 mi2, Wensum Close, Watlington, King's Lynn, Norfolk PE33 0TT3
£220K09/211.17 mi10, Wensum Close, Watlington, King's Lynn, Norfolk PE33 0TT3
£237K01/211.17 mi5, Woodward Close, Watlington, King's Lynn, Norfolk PE33 0FL3
£325K04/211.19 mi19, Lacey Close, Watlington, King's Lynn, Norfolk PE33 0TX3
£238.5K09/231.24 mi16, Kent Drive, Watlington, King's Lynn, Norfolk PE33 0EZ3
£280K05/211.25 mi49, Fen Road, Watlington, King's Lynn, Norfolk PE33 0JA3
£360K12/221.25 mi1, Cecil Close, Watlington, King's Lynn, Norfolk PE33 0JS3
£416K09/231.25 mi6, Fen Road, Watlington, King's Lynn, Norfolk PE33 0JB3
£250K12/221.3 mi72, Common Road, Runcton Holme, King's Lynn, Norfolk PE33 0AA3
£275K04/231.36 mi3, Warren Close, Watlington, King's Lynn, Norfolk PE33 0TA3
£288K09/231.36 mi10, Warren Close, Watlington, King's Lynn, Norfolk PE33 0TA3
£245K09/231.36 mi74, Downham Road, Watlington, King's Lynn, Norfolk PE33 0HT3
£300K10/211.43 mi8, Holme Close, Runcton Holme, King's Lynn, Norfolk PE33 0AB3
£265K05/211.43 mi21, Holme Close, Runcton Holme, King's Lynn, Norfolk PE33 0AB3
£290K05/241.54 mi20, Watlington Road, Runcton Holme, King's Lynn, Norfolk PE33 0EJ3
£320K06/211.55 mi56, Watlington Road, Runcton Holme, King's Lynn, Norfolk PE33 0EJ3
£220K01/211.57 mi22, Orchard Close, Watlington, King's Lynn, Norfolk PE33 0HN3
£275K06/211.57 mi6, Orchard Close, Watlington, King's Lynn, Norfolk PE33 0HN3

Local Rents

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

RentDateDistanceAddressBeds 
£92512/240.07 mi-3
£90006/240.96 miPaige Close, Watlington2
£80006/241.13 mi-2
£85010/241.13 mi-2
£95012/241.14 miNene Road, Watlington, KING'S LYNN3
£1,10006/241.22 miMartin Close, Watlington, PE333
£79512/241.24 mi-2
£77512/241.24 mi-2
£75012/241.38 miChurch Road, Watlington, PE332
£1,05006/241.96 miFoxglove Walk, Wiggenhall St Germans, PE343
£1,40012/241.96 mi Tottenhill, King's Lynn, PE333
£1,05006/242.09 miTurrell Close, Wiggenhall St. Germans.3
£1,00006/242.16 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

6.41 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £365,000

June 26, 2024

Sold for £199,950

2010

Sold for £153,000

2006

Floor Plans

Description

  • WELCOMING THREE BEDROOM DETACHED HOME +
  • UNDERGONE MANY IMPROVEMENTS BY ITS CURRENT OWNERS +
  • TWO SPACIOUS RECEPTION ROOMS +
  • RENOVATED KITCHEN AND BATHROOM +
  • SITUATED IN A VILLAGE LOCATION WITH NEARBY MAINLINE TRAIN STATION TO BOTH CAMBRIDGE AND LONDON +
  • NO ONWARD CHAIN +

The Norfolk Agents are pleased to offer to the market with this welcoming three bedroom detached house which has undergone significant improvements by its current owners including, we are advised, a new roof, new oil boiler, new limestone flooring and carpets, new plastering and the house has been re-wired. The property is in a non estate location situated in a village which benefits from a nearby train station that has direct links in to London and Cambridge. The property itself offers spacious living accommodation whilst also being situated on a good sized plot. We would like to make interested parties aware that the property is available with no onward chain.

Accommodation:

Visitors are welcomed into the entrance hall which has beautiful limestone flooring which is found throughout the ground floor of the property. To the side of the entrance hall is the living room which is bright and airy thanks to its dual aspect and boasts views of the enclosed garden. The main focal point of this space is the charming brick fireplace which adds a cozy feel to the room. The other side of the entrance hall is the recently renovated kitchen that is modern in style but still sympathetic with the rest of the property. The kitchen offers plenty of storage space whilst also incorporating a free standing Rangemaster cooker. Towards the end of the hall is the spacious second reception room that can be used as a dining room or a sitting room. This versatile space is perfect for entertaining guests and again boasts views of the garden. Also to the ground floor is useful utility room and shower room.

As you navigate to the first floor you are greeted by a central landing that offers space for storage, and an airing cupboard. Off the landing you can find two double bedrooms and a single. There is also a well appointed family bathroom with three piece suite which completes the first floor.

Outside:

The property is approached via a driveway which allows parking for multiple vehicles. There is also access through to the rear garden via a set of double gates. The enclosed rear garden is laid mainly to lawn with some mature hedges and has a small decked area. The property also has an attached garage / workshop that can be accessed from inside. There is also a useful timber framed garden studio (4.8m x 3.6m external) which is fully insulated and has power and internet connected so could be perfect for a home office.

Services:

This property is connected to mains water, electricity and drainage. The home also benefits from oil fired central heating and solar panels with a feed in tariff.

Tenure: Freehold

Council Tax Band: B

EPC: C

1. Purchasers will be asked to produce ID to satisfy money laundering regulations and we would ask for your co-operation in providing the relevant documentation. 2. While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property. If there is any point which is of particular importance to you, please contact the office and we will be pleased to make further investigations. 3. The measurements indicated are supplied for guidance only. 4. Please note we have not tested the services or any of the equipment or appliances in this property. We strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. THE NORFOLK AGENTS LIMITED NOR ANY OF ITS EMPLOYEES HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATSOEVER IN RELATION TO THIS PROPERTY.

Agent Details

The Norfolk Agents, Kings Lynn

01553 603396

Next Steps?

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