3 Bed Terraced House, Single Let, King's Lynn, PE30 3AE, £215,000

32 Marsh Lane, King's Lynn, Norfolk, PE30 3AE - 9 months ago

Sold STC
BTL
ROI: 2%
72 m²
+17 photos

ValuationOvervalued

Sold Prices£155K - £438K
Sold Prices/m²£1.6K/m² - £4.4K/m²

 

 

Square Metres

72.32 m²
Price/m²£3K/m²

Value Estimate

£189,209

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Total Cash In

£61,400

 

 

Cash Out

 

Rent Range

£650 - £1,400

Rent Estimate

£974

Running Costs/mo

£887

Cashflow/mo

£87

Cashflow/yr

£1,048

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £155K to £438K, average is £227.5K. £1.6K/m² to £4.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£346K11/220.05 miDebernie, Folly Grove, Gaywood, King's Lynn, Norfolk PE30 3AF3
£290K01/230.08 mi217, Wootton Road, King's Lynn, Norfolk PE30 3AN3
£159.5K10/200.1 mi34, Samphire, King's Lynn, Norfolk PE30 3PH3
£237.5K01/240.1 mi45, Samphire, King's Lynn, Norfolk PE30 3PH3
£290K02/240.12 mi194b, Wootton Road, King's Lynn, Norfolk PE30 3BQ3
£392.5K05/230.13 mi6, Fern Road, King's Lynn, Norfolk PE30 3BF3
£231.5K03/240.16 mi21, Spring Sedge, King's Lynn, Norfolk PE30 3PP3
£177.5K02/210.16 mi33, Spring Sedge, King's Lynn, Norfolk PE30 3PP3
£225K02/240.16 mi169, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4DW3
£225K03/210.16 mi179, Wootton Road, King's Lynn, Norfolk PE30 4DW3
£410K02/240.16 mi157, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4DW3
£305K04/210.18 mi21, Millfields, King's Lynn, Norfolk PE30 3DU3
£215K05/240.19 mi41, Grey Sedge, King's Lynn, Norfolk PE30 3PL3
£193.5K09/210.19 mi9, Grey Sedge, King's Lynn, Norfolk PE30 3PL3
£325K10/230.2 mi148, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4BU3
£333K06/210.2 mi154, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4BU3
£195K11/200.21 mi28, Dairy Way, Gaywood, King's Lynn, Norfolk PE30 4TR3
£195K08/230.22 mi13, Tawny Sedge, King's Lynn, Norfolk PE30 3PW3
£230K02/230.25 mi10, Churn Court, Gaywood, King's Lynn, Norfolk PE30 4SX3
£275K08/230.26 mi275, Wootton Road, King's Lynn, Norfolk PE30 3AR3
£300K02/210.26 mi226, Wootton Road, King's Lynn, Norfolk PE30 3BH3
£210K09/230.27 mi83, Baldock Drive, King's Lynn, Norfolk PE30 3DQ3
£255K08/230.27 mi24, Baldock Drive, King's Lynn, Norfolk PE30 3DQ3
£175K02/210.27 mi74, Baldock Drive, King's Lynn, Norfolk PE30 3DQ3
£438K11/230.27 mi61, Baldock Drive, King's Lynn, Norfolk PE30 3DQ3
£175K06/230.27 mi35, Balmoral Road, Gaywood, King's Lynn, Norfolk PE30 4DF3
£230K07/210.29 mi1, Reeves Avenue, King's Lynn, Norfolk PE30 3DJ3
£240K09/230.29 mi20, Shelford Drive, King's Lynn, Norfolk PE30 3AS3
£250K09/210.29 mi11, Shelford Drive, King's Lynn, Norfolk PE30 3AS3
£244K01/210.29 mi12, Shelford Drive, King's Lynn, Norfolk PE30 3AS3
£225K03/210.29 mi9, Shelford Drive, King's Lynn, Norfolk PE30 3AS3
£210K09/210.29 mi68, Dairy Way, Gaywood, King's Lynn, Norfolk PE30 4DU3
£250K12/230.31 mi39, Fenland Road, King's Lynn, Norfolk PE30 3EU3
£223K11/200.31 mi35, Fenland Road, King's Lynn, Norfolk PE30 3EU3
£190K03/210.31 mi10, Russett Close, King's Lynn, Norfolk PE30 3HB3
£270K10/230.31 mi1, Russett Close, King's Lynn, Norfolk PE30 3HB3
£200K02/230.31 mi40, Charlock, King's Lynn, Norfolk PE30 3BL3
£196K06/210.33 mi3, Vole Court, Gaywood, King's Lynn, Norfolk PE30 4TS3
£240K05/240.33 mi3, Vole Court, Gaywood, King's Lynn, Norfolk PE30 4TS3
£175K11/210.33 mi84, Suffield Way, King's Lynn, Norfolk PE30 3DL3
£205K08/230.33 mi80, Suffield Way, King's Lynn, Norfolk PE30 3DL3
£180K08/230.33 mi12, Stag Place, King's Lynn, Norfolk PE30 2LS3
£155K10/200.33 mi2, Stag Place, King's Lynn, Norfolk PE30 2LS3
£175K08/230.34 mi24, Barnwell Road, Gaywood, King's Lynn, Norfolk PE30 4DH3
£280K06/230.34 miCobwebs, Field End Close, Gaywood, King's Lynn, Norfolk PE30 4AZ3
£240K03/210.34 mi11, Field End Close, Gaywood, King's Lynn, Norfolk PE30 4AZ3
£235K05/240.34 mi22, Field End Close, Gaywood, King's Lynn, Norfolk PE30 4AZ3
£222.5K11/210.36 mi110, Fenland Road, King's Lynn, Norfolk PE30 3ES3
£209K10/230.37 mi32, Suffield Way, King's Lynn, Norfolk PE30 3DE3
£210K04/240.38 mi6, Clifton Road, King's Lynn, Norfolk PE30 3DN3

Local Rents

17 rents from £650/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15007/240.05 miFolly Grove, KING'S LYNN3
£1,20006/240.16 miWootton Road, KING'S LYNN3
£99507/240.17 miGrey Sedge, King's Lynn3
£99006/240.21 miDairy Way, Gaywood, King's Lynn3
£92506/240.25 miWhitesedge, King's Lynn, Norfolk3
£1,30007/240.31 miField End Close, Gaywood, King's Lynn, PE303
£1,10002/250.32 mi-3
£1,40009/240.32 mi-3
£1,10006/240.33 miVole Court, Gaywood, KING'S LYNN3
£1,30006/240.37 miDenmark Road, Gaywood, KING'S LYNN3
£1,20006/240.38 miWillow Park, King's Lynn, PE303
£1,20006/240.42 miFfolkes Drive, KING'S LYNN3
£65006/240.47 miMethuen Avenue, Gaywood, KING'S LYNN3
£1,10006/240.53 miKings Lynn3
£1,15009/240.56 miSouth Wootton Lane, King's Lynn3
£1,10009/230.62 mi-3
£1,10009/230.62 mi-3

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.71 miles away

Nearest school

0.40 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £215,000

June 28, 2024

Sold for £163,000

2017

Sold for £114,000

2012

Sold for £35,000

1997

Floor Plans

Description

  • Beautifully Presented +
  • Sought After Location +
  • Three Bedrooms Mid Terraced +
  • Kitchen/Breakfast Room +
  • Family bathroom +
  • Off Road Parking +
  • EPC - C +
  • Large Rear Garden +
  • Lounge With Log Burner +

Newson and Buck are delighted to present for sale this beautifully presented three bedroom mid terrace property located in a sought after area off Wootton Road. The property comprises of entrance porch, lounge with log burner against a a feature exposed brick fireplace, a good size kitchen with dining area, family bathroom and a utility room to the ground floor. On the first floor the property provides three double bedrooms. Outside to the front there is off road parking and a deceptively large rear garden. The property further benefits from UPVc double glazing throughout, as well as Gas Central Heating. The property is conveniently located for amenities including shops, schools and leisure facilities together with having easy access into Kings Lynn town centre which has a main line station with rail links to Cambridge and London's Kings Cross Station.

Agent Details

Newson & Buck Estate Agents, Kings Lynn

01553 603670

Next Steps?

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