3 Bed Terraced House, Single Let, King's Lynn, PE30 2AX, £100,000

1 Burkitt Street, King's Lynn, PE30 2AX - 9 views - 7 months ago

BTL
ROI: 12%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£110K - £315K
Sold Prices/m²£1.2K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£136,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,500

Total Cash In

£29,500

 

 

Cash Out

 

Rent Range

£825 - £1,330

Rent Estimate

£861

Running Costs/mo

£505

Cashflow/mo

£356

Cashflow/yr

£4,276

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £110K to £315K, average is £155K. £1.2K/m² to £3.2K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£168K03/240.02 mi61, Cresswell Street, King's Lynn, Norfolk PE30 2AW3
£127K04/230.05 mi24, Loke Road, King's Lynn, Norfolk PE30 2AB3
£125K10/210.05 mi30, Cresswell Street, King's Lynn, Norfolk PE30 2AP3
£125K08/230.05 mi49, Cresswell Street, King's Lynn, Norfolk PE30 2AP3
£185K12/220.06 mi71, Sir Lewis Street, King's Lynn, Norfolk PE30 2AL3
£110K08/210.06 mi64, Sir Lewis Street, King's Lynn, Norfolk PE30 2AL3
£123K02/230.06 mi69, Sir Lewis Street, King's Lynn, Norfolk PE30 2AL3
£156K10/210.07 mi81, Loke Road, King's Lynn, Norfolk PE30 2AZ3
£135K10/210.07 mi40, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£136.5K01/230.08 mi15, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£115K04/210.08 mi43, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£120K07/230.08 mi44, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£127K10/200.08 mi10, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£130K10/200.08 mi25, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£155K08/210.12 mi20, Woodwark Avenue, King's Lynn, Norfolk PE30 2BA3
£128K05/210.12 mi12, Woodwark Avenue, King's Lynn, Norfolk PE30 2BA3
£165K09/210.15 mi109, Loke Road, King's Lynn, Norfolk PE30 2BE3
£170K12/230.17 mi9, Harecroft Gardens, King's Lynn, Norfolk PE30 2BY3
£118K10/230.21 mi14, Turbus Road, King's Lynn, Norfolk PE30 2DL3
£190K07/230.21 mi4, Smith Avenue, King's Lynn, Norfolk PE30 2BQ3
£125K03/210.21 mi14, Smith Avenue, King's Lynn, Norfolk PE30 2BQ3
£186K09/210.23 mi158, Loke Road, King's Lynn, Norfolk PE30 2BW3
£145K12/220.26 mi16, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£140K03/210.27 mi5, Eastgate Street, King's Lynn, Norfolk PE30 1QX3
£150K09/210.27 mi9, Losinga Road, King's Lynn, Norfolk PE30 2DQ3
£119K10/210.27 mi16, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£145K12/230.27 mi22, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£152K12/220.27 mi26, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£118.5K06/210.28 mi52, Losinga Road, King's Lynn, Norfolk PE30 2DH3
£150K02/230.28 mi25, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£165K02/210.28 mi9, Homeland Road, King's Lynn, Norfolk PE30 2PP3
£200K02/210.28 mi168, Loke Road, King's Lynn, Norfolk PE30 2BP3
£225K10/230.28 mi168, Loke Road, King's Lynn, Norfolk PE30 2BP3
£155K03/210.3 mi6, Albert Avenue, King's Lynn, Norfolk PE30 1EE3
£195K10/210.32 mi32, Chapel Street, King's Lynn, Norfolk PE30 1EF3
£180K11/200.33 mi23, Gaywood Road, King's Lynn, Norfolk PE30 2PR3
£150K01/210.36 mi44, Columbia Way, King's Lynn, Norfolk PE30 2LB3
£170K05/210.39 mi28, Highgate, King's Lynn, Norfolk PE30 1PS3
£152K12/200.39 mi111, Columbia Way, King's Lynn, Norfolk PE30 2LF3
£190K05/230.4 mi45, Highgate, King's Lynn, Norfolk PE30 1PU3
£175K10/230.4 mi92, Highgate, King's Lynn, Norfolk PE30 1PU3
£208K12/200.43 mi20, Newlands Avenue, King's Lynn, Norfolk PE30 2NJ3
£197K04/210.48 mi19, Riversway, King's Lynn, Norfolk PE30 2ED3
£170K03/210.49 mi44, Milton Avenue, King's Lynn, Norfolk PE30 2QH3
£249K05/230.49 mi44, Milton Avenue, King's Lynn, Norfolk PE30 2QH3
£198K01/210.53 mi65, Milton Avenue, King's Lynn, Norfolk PE30 2QQ3
£315K05/240.54 mi36, Tennyson Avenue, King's Lynn, Norfolk PE30 2QG3
£190K08/230.55 mi19, Jarvis Road, King's Lynn, Norfolk PE30 2EG3
£180K03/230.55 mi26, Jarvis Road, King's Lynn, Norfolk PE30 2EG3
£185K06/230.55 mi57, Riversway, King's Lynn, Norfolk PE30 2EE3

Local Rents

27 rents from £825/mo to £1.3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£95009/240.02 miCresswell Street, King's Lynn, King's Lynn, PE303
£89508/240.05 miSir Lewis Street, King's Lynn, PE303
£95006/240.05 miCresswell Street, KING'S LYNN3
£82506/240.05 miGeorge Street, KINGS LYNN, King's Lynn, PE303
£92509/240.06 miSir Lewis Street, KING'S LYNN3
£85006/240.07 miSir Lewis Street, Kings Lynn, Norfolk, PE303
£89506/240.08 miKings Lynn3
£95006/240.15 miWoodwark Avenue3
£95006/240.15 miLoke Road, KING'S LYNN3
£1,00007/240.15 miLoke Road, KING'S LYNN3
£99501/250.19 mi-3
£1,05006/240.32 miChapel Street3
£92506/240.42 miKings Lynn3
£1,00006/240.47 miBlackfriars Road - Kings Lynn3
£1,10007/240.47 miBlackfriars Road - Kings Lynn3
£1,00006/240.48 miKing Street, King's Lynn, PE303
£95008/240.48 miKing Street, King's Lynn, PE303
£1,33006/240.49 miKing's Lynn3
£1,10009/230.5 mi-3
£1,10009/230.5 mi-3
£99509/240.52 miTennyson Avenue, King's Lynn, PE303
£1,10008/240.55 miLe Strange Avenue, King's Lynn, Norfolk, PE303
£1,10006/240.56 miKing George V Avenue, KING'S LYNN, PE303
£1,00006/240.59 miSt James Court, King's Lynn, PE303
£1,20008/240.59 miSt James Court, King's Lynn, PE303
£1,10008/240.59 mi30 Low Road, King's Lynn, PE303
£99506/240.61 miKing's Lynn 3

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.81 miles away

Nearest school

0.30 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Price changed to £100,000

December 19, 2024

Listed for £110,000

September 17, 2024

Sold for £30,750

1999

Sold for £29,500

1997

Floor Plans

Description

  • Located Close to Amenities +
  • Mid Terrace House +
  • Three Bedrooms +
  • Third Bedroom off Second Bedroom +
  • Courtyard Garden +
  • No Onward Chain +

SUMMARY
Ideal first time buy or investment opportunity with this Two/three bedroom mid terrace house located close to local amenities and is being offered with no onward chain.

DESCRIPTION
Located in North Lynn and close to local amenities together with being within easy reach of the town centre which has a wide range of shops, schools and leisure facilities. There is a main line station with rail links to Ely, Cambridge and London's Kings Cross Station. This mid terrace house which comprises lounge, kitchen, bathroom, first floor has three bedroom (the third bedroom is off the second). Outside there is a courtyard garden.

Double Glazed Entrance Door To 

Lounge/ Diner 24' 5" x 11' 8" max ( 7.44m x 3.56m max )
Two double glazed windows, two radiators, stairs to first floor

Kitchen 9' 11" x 6' 2" ( 3.02m x 1.88m )
Range of base and wall units, roll edge work top, inset stainless steel sink with mixer tap over, space for cooker, washing machine and fridge freezer, double glazed window, part tiled walls, radiator, opening to:-

Rear Lobby 
Double glazed door to rear

Bathroom 6' 2" x 7' 11" ( 1.88m x 2.41m )
Bath, low level WC, wash hand basin, radiator, double glazed window, part tiled walls

First Floor Landing 

Bedroom One 10' 3" x 11' 8" into recess ( 3.12m x 3.56m into recess )
Double glazed window, radiator

Bedroom Two 11' 3" x 11' 8" into recess ( 3.43m x 3.56m into recess )
Double glazed window, radiator, storage cupboard

Bedroom Three (off Bedroom 2) 10' 2" max x 6' 3" ( 3.10m max x 1.91m )
Airing cupboard housing boiler, double glazed window, radiator

Outside 
Rear courtyard garden

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly 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 CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, King's Lynn

01553 603650

Next Steps?

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