2 Bed Bungalow, Single Let, King's Lynn, PE30 3LW, £240,000

Meadow Road, South Wootton, PE30 3LW - 8 months ago

BTL
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£75K - £300K
Sold Prices/m²£800/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£204,333

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£13,200

Total Cash In

£73,200

 

 

Cash Out

 

Rent Range

£725 - £1,200

Rent Estimate

£800

Running Costs/mo

£930

Cashflow/mo

£-130

Cashflow/yr

£-1,560

Gross Yield

4%

Local Sold Prices

50 sold prices from £75K to £300K, average is £197.3K. £800/m² to £4.9K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£210K08/230.02 mi12, Bracken Road, South Wootton, King's Lynn, Norfolk PE30 3LP2
£300K11/210.16 mi20, Rushmead Close, South Wootton, King's Lynn, Norfolk PE30 3LY2
£250K12/200.22 miKingston, Common Lane, South Wootton, King's Lynn, Norfolk PE30 3HW2
£100K02/230.29 mi76, Nursery Lane, South Wootton, King's Lynn, Norfolk PE30 3NB2
£147K06/230.37 mi6, Broom Close, South Wootton, King's Lynn, Norfolk PE30 3WL2
£212K01/240.45 mi8, Peppers Green, King's Lynn, Norfolk PE30 3DA2
£280K12/230.47 mi3, Rill Close, North Wootton, King's Lynn, Norfolk PE30 3QG2
£235K11/230.54 mi14, James Close, King's Lynn, Norfolk PE30 3SH2
£210K02/210.56 mi4, Keble Close, North Wootton, King's Lynn, Norfolk PE30 3RU2
£210K03/210.56 mi16, Suffield Way, King's Lynn, Norfolk PE30 3DE2
£166K03/210.57 mi89, Hayfield Road, North Wootton, King's Lynn, Norfolk PE30 3RR2
£170K11/210.57 mi27, Hayfield Road, North Wootton, King's Lynn, Norfolk PE30 3RR2
£269.9K02/210.58 mi28, Willow Park, King's Lynn, Norfolk PE30 3BP2
£200K02/230.58 mi32, Daseleys Close, King's Lynn, Norfolk PE30 3SL2
£148K12/200.58 mi48, Daseleys Close, King's Lynn, Norfolk PE30 3SL2
£175K01/210.59 mi38, Spenser Road, King's Lynn, Norfolk PE30 3DP2
£218K10/230.61 mi62, Temple Road, King's Lynn, Norfolk PE30 3SS2
£228K12/230.61 mi32, Temple Road, King's Lynn, Norfolk PE30 3SS2
£185K05/230.65 mi26, Clifford Burman Close, King's Lynn, Norfolk PE30 3SN2
£136K03/210.65 mi3, Baldock Drive, King's Lynn, Norfolk PE30 3DG2
£172.5K11/200.67 mi46, Tyndale, North Wootton, King's Lynn, Norfolk PE30 3XD2
£210K03/230.67 mi6, Ryelands Road, North Wootton, King's Lynn, Norfolk PE30 3RN2
£165K02/230.7 mi56, Burghley Road, South Wootton, King's Lynn, Norfolk PE30 3TU2
£185K02/210.7 mi28, Burghley Road, South Wootton, King's Lynn, Norfolk PE30 3TU2
£252K12/220.7 mi4, Burghley Road, South Wootton, King's Lynn, Norfolk PE30 3TU2
£220K06/230.7 mi16, Wesley Road, North Wootton, King's Lynn, Norfolk PE30 3XB2
£195K07/210.7 mi16, Wesley Road, North Wootton, King's Lynn, Norfolk PE30 3XB2
£215K04/240.7 mi4, Wesley Road, North Wootton, King's Lynn, Norfolk PE30 3XB2
£181.5K12/200.72 mi35, Tyndale, North Wootton, King's Lynn, Norfolk PE30 3XD2
£200K08/230.72 mi11, Tyndale, North Wootton, King's Lynn, Norfolk PE30 3XD2
£197K05/210.72 mi14, Tyndale, North Wootton, King's Lynn, Norfolk PE30 3XD2
£111.3K08/230.72 mi55, Tyndale, North Wootton, King's Lynn, Norfolk PE30 3XD2
£75K11/200.72 mi4, Tyndale, North Wootton, King's Lynn, Norfolk PE30 3XD2
£181.5K12/200.72 mi35, Tyndale, North Wootton, King's Lynn, Norfolk PE30 3XD2
£210K06/230.72 mi20, Tyndale, North Wootton, King's Lynn, Norfolk PE30 3XD2
£210K02/240.72 mi48, Tyndale, North Wootton, King's Lynn, Norfolk PE30 3XD2
£285K03/230.72 mi34, Euston Way, South Wootton, King's Lynn, Norfolk PE30 3TX2
£198K05/210.72 mi21, Euston Way, South Wootton, King's Lynn, Norfolk PE30 3TX2
£200K04/210.72 mi50, Euston Way, South Wootton, King's Lynn, Norfolk PE30 3TX2
£220K02/210.73 mi11, Ickworth Close, South Wootton, King's Lynn, Norfolk PE30 3TZ2
£160K02/210.73 mi1, Ickworth Close, South Wootton, King's Lynn, Norfolk PE30 3TZ2
£147K09/210.75 mi44, Charlock, King's Lynn, Norfolk PE30 3BL2
£170K01/230.77 mi17, Rainsthorpe, South Wootton, King's Lynn, Norfolk PE30 3UF2
£162.5K05/230.77 mi3, Rainsthorpe, South Wootton, King's Lynn, Norfolk PE30 3UF2
£197.5K03/240.8 mi42, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UB2
£170K01/230.82 mi44, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UB2
£125K03/230.82 mi5, Chew Court, King's Lynn, Norfolk PE30 3XP2
£215K10/230.82 mi21, Blackford, King's Lynn, Norfolk PE30 3UL2
£157.5K12/200.83 mi63, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UA2
£160K12/200.83 mi57, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UA2

Local Rents

20 rents from £725/mo to £1.2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£1,20009/240.27 miLittle Walsingham Close, South Wootton, PE302
£97506/240.33 miCastleacre Close, South Wootton.2
£95006/240.54 miBede Close - North Wootton2
£85006/240.71 miBaldock Drive, KING'S LYNN2
£80007/240.71 miBaldock Drive, Amberley Grange, King's Lynn2
£95006/240.72 miNorth Wootton2
£89507/240.77 miRainsthorpe2
£87509/240.82 miChew Court, King's Lynn, PE302
£95007/240.82 miBlackford2
£95007/240.83 miLangley Road, South Wootton, King's Lynn2
£89506/240.85 miMannington Place, South Wootton, King's Lynn, PE302
£85006/240.85 miElsing Drive, KING'S LYNN2
£89506/240.93 miKing's Lynn2
£92508/240.93 miKing's Lynn2
£85011/241.15 mi-2
£72506/241.21 miLady Jane Grey Road, KING'S LYNN2
£85007/241.21 miBarnwell Road, King's Lynn, PE302
£85006/241.24 miElvington, KING'S LYNN2
£89507/241.24 miKings Lynn2
£85006/241.24 miElvington, SPRINGWOOD, PE302

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

1.64 miles away

Nearest school

0.10 miles away

Nearest train station

2.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Price changed to £240,000

February 12, 2025

Listed for £250,000

August 29, 2024

Floor Plans

Description

  • Close to Shops +
  • Off Street Parking +
  • Great Location +
  • Lounge / Dining Area +
  • Garage +
  • Semi-Detached Bungalow +
  • 2 Bedrooms +
  • No Onward Chain ! +
  • Mains Gas Central Heating +
  • UPVC Double Glazed Windows +

Yopa are delighted to present this Freehold 2 Bedroom Semi-Detached Bungalow situated in a quiet location and yet close to Local amenities. Comprising of an Entrance Hall, Lounge / Dining Area, Kitchen, and  Bathroom. With Garage, Off Street Parking and Rear Garden.  This is a ideal opportunity to purchase this charming Bungalow situated on a quiet and popular Estate in the desirable Woottons. This Property comprises of an Entrance Hall, Lounge / Dining Area, Kitchen, 2 Bedrooms and Bathroom.     To the Outside there is are front and rear Gardens and Off-Street Parking to the front of the Property leading to a Single Garage. This Property is also being offered For Sale with No Onward Chain ! ENTRANCE PORCH: UPVC Double Glazed front and side Doors leading to:  ENTRANCE HALL: Built-in Storage Cupboard, Radiator, Loft Access, Coved Ceiling, Wood Effect Flooring and Doors leading to: LOUNGE / DINING AREA: 21'  x 12' 2" ( 6.40m  x 3.71m ) UPVC Double Glazed Window to front, Radiators, Feature Fireplace, Wall Lights and Fitted Carpet. KITCHEN / BREAKFAST AREA: 12' 10" x 8' 11" ( 3.91m x 2.72m ) UPVC Double Glazed Window to front and side, Range of Fitted Base and Wall Units with Fitted Worktops, Stainless Steel Sink with Mixer Tap, Tiled Splashbacks, Fitted Electric Wall Oven, Electric Hob, Space for Washing Machine, space for Fridge / Freezer, Coved Ceiling, Built-in Cupboard, Vinyl Flooring Flooring and Radiator. BEDROOM 1: 14' 3" x 11' 10" ( 4.34m x 3.61m ) UPVC Double Glazed Window to rear, Radiator, Coved Ceiling, Fitted Carpet, Built-in Wardrobes. BEDROOM 2: 10' x 9' 6" ( 3.05m x 2.90m ) UPVC Double Glazed Window to rear, Radiator, Coved Ceiling andFitted Carpet. BATHROOM: UPVC Double Glazed Window to side, Enclosed Shower with Electric Shower Mixer tap, Vanity Unit housing Hand Basin With Mixer Tap and Low-Level W/C, Tiled Splashbacks and Heated Towel Rail. OUTSIDE: To the front of the property is an Gravelled area providing plenty Off-Street Parking with an area mainly laid to Lawn with a variety of Shrubs and leading to a Detached Single Garage. The rear Garden is private and mainly laid to Lawn also with a variety of Trees and Shrubs, Greenhouse and a Patio Area ideal for Entertaining.  SERVICES: Mains Water,  Drainage with Electricity Connected and Heating is Gas Fired Central Heating. King's Lynn, known before 1537 as Bishop's Lynn or Lynn, is an English seaport and market town in Norfolk, about 98 miles (158 km) north of London, 36 miles (58 km) north-east of Peterborough, 44 miles (71 km) north north-east of Cambridge and 44 miles (71 km) west of Norwich. King's Lynn is the primary retail centre in West Norfolk, as well as being the principal centre for people living outside the border of West Norfolk. The town centre fulfils a leisure role with entertainment centres, bars and restaurants, and has a range of service functions. The town centre has approx 347 shops, which is greater than the comparable centres of Bury St Edmunds and Boston. The town is connected to the local cities of Norwich and Peterborough via the A47 and to Cambridge via the A10. It is also connected to Spalding and the North via the A17, as well as to other parts of Norfolk by the A148 and the A149. King's Lynn railway station is the only rail facility in King's Lynn. It is the terminus for the Fen Line. The station provides services to Cambridge and London King's Cross.

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Anglia & London

01270 447764

Next Steps?

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