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2 Bed Flat, Single Let, King's Lynn, PE30 3QL, £114,750

24 Tyrrell Crescent, South Wootton, Norfolk PE30 3QL - 6 months ago

Sold STC
Leasehold
BTL
ROI: 10%
51 m²
+7 photos

ValuationOvervalued

Sold Prices£55K - £150K
Sold Prices/m²£1.2K/m² - £3.5K/m²

 

 

Square Metres

51 m²
Price/m²£2.3K/m²

Value Estimate

£96,294

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,688

Stamp Duty & Legal Fees

£6,938

Total Cash In

£35,625

 

 

Cash Out

 

Rent Range

£800 - £1,200

Rent Estimate

£838

Running Costs/mo

£546

Cashflow/mo

£292

Cashflow/yr

£3,502

ROI

10%

Gross Yield

9%

Local Sold Prices

28 sold prices from £55K to £150K, average is £110K. £1.2K/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£142K11/230.05 mi21, Tyrrell Crescent, South Wootton, King's Lynn, Norfolk PE30 3QL2
£150K10/220.05 mi25, Tyrrell Crescent, South Wootton, King's Lynn, Norfolk PE30 3QL2
£140K12/230.73 mi69a, Baldock Drive, King's Lynn, Norfolk PE30 3DQ2
£134.5K08/230.73 mi67, Baldock Drive, King's Lynn, Norfolk PE30 3DQ2
£127.5K12/220.88 mi3, Bridge Place, King's Lynn, Norfolk PE30 4WL2
£85K09/211.28 mi29, Lady Jane Grey Road, King's Lynn, Norfolk PE30 2NS2
£100K10/231.28 mi23, Lady Jane Grey Road, King's Lynn, Norfolk PE30 2NS2
£115K09/231.29 mi38, Lavender Court, Gaywood, King's Lynn, Norfolk PE30 4HL2
£55K02/231.29 mi24, Lavender Court, Gaywood, King's Lynn, Norfolk PE30 4HL2
£106K09/211.29 mi38, Lavender Court, King's Lynn, Norfolk PE30 4HL2
£70K07/211.29 mi23, Lavender Court, King's Lynn, Norfolk PE30 4HL2
£111K08/231.29 mi14, Lavender Court, Gaywood, King's Lynn, Norfolk PE30 4HL2
£107.5K11/201.29 mi5, Lavender Court, King's Lynn, Norfolk PE30 4HL2
£100K09/221.3 mi21, Lavender Court, Gaywood, King's Lynn, Norfolk PE30 4HL2
£106K11/221.51 mi1, Butterwick, King's Lynn, Norfolk PE30 4RF2
£80K02/211.58 mi30, Old South, King's Lynn, Norfolk PE30 4RN2
£80K04/211.58 mi29, Old South, King's Lynn, Norfolk PE30 4RN2
£110K10/221.65 mi23, Lowfield, King's Lynn, Norfolk PE30 4RH2
£107K06/211.68 miFlat 21, Macmillan Court, Telford Close, King's Lynn, Norfolk PE30 4TJ2
£113K11/231.71 miFlat 8, Churchill Court, Telford Close, King's Lynn, Norfolk PE30 4TZ2
£111K01/231.79 mi17, Harewood Parade, King's Lynn, Norfolk PE30 2BT2
£110K12/221.84 mi11, Harecroft Gardens, King's Lynn, Norfolk PE30 2BY2
£72K02/211.84 mi19, Harecroft Gardens, King's Lynn, Norfolk PE30 2BY2
£117.5K06/211.9 mi32, Beechan Drive, King's Lynn, Norfolk PE30 4GX2
£90K05/211.91 miFlat 130, The Maltings, Swiss Terrace, King's Lynn, Norfolk PE30 2QS2
£111K10/221.91 miFlat 242, The Maltings, Swiss Terrace, King's Lynn, Norfolk PE30 2QS2
£113.6K06/231.93 mi64, Highgate, King's Lynn, Norfolk PE30 1PU2
£120K03/231.93 mi71, Highgate, King's Lynn, Norfolk PE30 1PU2

Local Rents

20 rents from £800/mo to £1.2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£89507/240.29 miRainsthorpe2
£87509/240.35 miChew Court, King's Lynn, PE302
£95007/240.35 miLangley Road, South Wootton, King's Lynn2
£95007/240.36 miBlackford2
£89506/240.37 miMannington Place, South Wootton, King's Lynn, PE302
£85006/240.43 miElsing Drive, KING'S LYNN2
£1,20009/240.6 miLittle Walsingham Close, South Wootton, PE302
£97506/240.67 miCastleacre Close, South Wootton.2
£85006/240.73 miBaldock Drive, KING'S LYNN2
£80007/240.73 miBaldock Drive, Amberley Grange, King's Lynn2
£89506/240.76 miKing's Lynn2
£92508/240.76 miKing's Lynn2
£85006/240.89 miElvington, KING'S LYNN2
£89507/240.89 miKings Lynn2
£85006/240.89 miElvington, SPRINGWOOD, PE302
£85011/240.93 mi-2
£95006/240.94 miBede Close - North Wootton2
£85007/240.98 miBarnwell Road, King's Lynn, PE302
£87506/241.07 miElvington, KING'S LYNN2
£95006/241.1 miNorth Wootton2

Links

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

1.50 miles away

Nearest school

0.30 miles away

Nearest train station

2.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Price changed to £114,750

December 20, 2024

Listed for £119,995

September 17, 2024

Floor Plans

Description

  • Two bedrooms +
  • Lounge/diner +
  • Bathroom +
  • Double glazing +
  • EPC Rating: B +
  • Allocated parking +
  • Desirable Location +
  • Close to Amenities +

Newson and Buck are delighted to present a two bedroom first floor apartment situated in the sought after village of South Wootton. The accommodation comprises hall, lounge diner, kitchen, 2 bedrooms and a bathroom. The property further benefits from double glazing, gas central heating and allocated parking. South Wootton is located on the outskirts of King's Lynn which benefits from a wealth of local amenities including schools and shopping facilities, with more extensive facilities found in King's Lynn town centre with a main line rail link into Cambridge and London King's Cross.

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 💪

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