3 Bed Semi-Detached House, Planning Permission, King's Lynn, PE30 4HD, £225,000

River Lane, King's Lynn, PE30 4HD - 6 months ago

Sold STC
Planning
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£140K - £410K
Sold Prices/m²£1.8K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£232,500
BMV3%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£650 - £1,400

Rent Estimate

£675

Running Costs/mo

£858

Cashflow/mo

£-183

Cashflow/yr

£-2,197

Gross Yield

4%

Local Sold Prices

50 sold prices from £140K to £410K, average is £216K. £1.8K/m² to £4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£195K10/230.09 mi37, Methuen Avenue, Gaywood, King's Lynn, Norfolk PE30 4BN3
£215K05/230.09 mi22, Methuen Avenue, Gaywood, King's Lynn, Norfolk PE30 4BN3
£225K03/230.09 mi9, Methuen Avenue, Gaywood, King's Lynn, Norfolk PE30 4BN3
£270K09/230.11 mi16, Lavender Road, Gaywood, King's Lynn, Norfolk PE30 4HA3
£157.5K04/210.11 mi7, Lavender Road, King's Lynn, Norfolk PE30 4HA3
£325K12/220.13 mi1, Eastfields Close, Gaywood, King's Lynn, Norfolk PE30 4HQ3
£150K10/200.15 mi1, Lavender Court, King's Lynn, Norfolk PE30 4HL3
£212K02/210.15 mi12, Gayton Road, King's Lynn, Norfolk PE30 4DZ3
£231.5K01/230.16 mi43, Methuen Avenue, Gaywood, King's Lynn, Norfolk PE30 4BW3
£151K01/210.16 mi62, Methuen Avenue, King's Lynn, Norfolk PE30 4BW3
£207K05/230.16 mi8, Lynn Road, Gaywood, King's Lynn, Norfolk PE30 4PX3
£230K10/230.18 mi34, Queen Mary Road, Gaywood, King's Lynn, Norfolk PE30 4PZ3
£235K08/210.18 mi32, Queen Mary Road, Gaywood, King's Lynn, Norfolk PE30 4PZ3
£215K11/200.2 mi68, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4BS3
£187.5K05/210.24 mi12, King John Avenue, King's Lynn, Norfolk PE30 4QA3
£206K04/210.24 mi84, King John Avenue, Gaywood, King's Lynn, Norfolk PE30 4QA3
£360K03/210.24 mi147, Gaywood Road, King's Lynn, Norfolk PE30 2QA3
£249K12/210.25 mi13, Gloucester Road, King's Lynn, Norfolk PE30 4AB3
£140K12/230.26 mi23, Bagge Road, Gaywood, King's Lynn, Norfolk PE30 4NJ3
£150K06/230.26 mi25, Bagge Road, Gaywood, King's Lynn, Norfolk PE30 4NJ3
£242K06/230.3 mi31, Pleasance Close, Gaywood, King's Lynn, Norfolk PE30 4NP3
£225K12/230.35 mi52, De Grey Road, Gaywood, King's Lynn, Norfolk PE30 4PH3
£175K05/230.35 mi5, De Grey Road, Gaywood, King's Lynn, Norfolk PE30 4PH3
£150K04/210.36 mi81, Bagge Road, Gaywood, King's Lynn, Norfolk PE30 4NL3
£280K06/230.36 miCobwebs, Field End Close, Gaywood, King's Lynn, Norfolk PE30 4AZ3
£240K03/210.36 mi11, Field End Close, Gaywood, King's Lynn, Norfolk PE30 4AZ3
£235K05/240.36 mi22, Field End Close, Gaywood, King's Lynn, Norfolk PE30 4AZ3
£225K03/210.37 mi9, King George V Avenue, King's Lynn, Norfolk PE30 2QD3
£175K08/230.39 mi24, Barnwell Road, Gaywood, King's Lynn, Norfolk PE30 4DH3
£270K01/210.39 mi33, Kensington Road, King's Lynn, Norfolk PE30 4AS3
£365K01/230.39 mi33, Kensington Road, King's Lynn, Norfolk PE30 4AS3
£215K07/210.4 mi48, Bishops Road, King's Lynn, Norfolk PE30 4NU3
£205K02/210.41 mi70, Regency Avenue, King's Lynn, Norfolk PE30 4UH3
£187K08/210.41 mi68, Regency Avenue, King's Lynn, Norfolk PE30 4UH3
£212K04/240.41 mi90, Regency Avenue, King's Lynn, Norfolk PE30 4UH3
£217K12/220.41 mi53, Regency Avenue, King's Lynn, Norfolk PE30 4UH3
£277.5K03/210.42 mi14, Kensington Road, King's Lynn, Norfolk PE30 4AS3
£272K02/210.42 mi31, Kensington Road, King's Lynn, Norfolk PE30 4AS3
£175K06/230.42 mi35, Balmoral Road, Gaywood, King's Lynn, Norfolk PE30 4DF3
£315K05/240.43 mi36, Tennyson Avenue, King's Lynn, Norfolk PE30 2QG3
£325K10/230.43 mi148, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4BU3
£333K06/210.43 mi154, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4BU3
£225K02/240.45 mi169, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4DW3
£225K03/210.45 mi179, Wootton Road, King's Lynn, Norfolk PE30 4DW3
£410K02/240.45 mi157, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4DW3
£215K05/240.48 mi41, Grey Sedge, King's Lynn, Norfolk PE30 3PL3
£193.5K09/210.48 mi9, Grey Sedge, King's Lynn, Norfolk PE30 3PL3
£170K09/210.49 mi15, Hall View Road, Gaywood, King's Lynn, Norfolk PE30 4NZ3
£195K03/210.49 mi1b, Thurlin Road, King's Lynn, Norfolk PE30 4PG3
£150K01/210.5 mi44, Columbia Way, King's Lynn, Norfolk PE30 2LB3

Local Rents

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

RentDateDistanceAddressBeds 
£1,10006/240.05 miKings Lynn3
£65006/240.09 miMethuen Avenue, Gaywood, KING'S LYNN3
£1,30006/240.28 miDenmark Road, Gaywood, KING'S LYNN3
£1,40009/240.37 mi-3
£1,10006/240.37 miKing George V Avenue, KING'S LYNN, PE303
£1,30007/240.37 miField End Close, Gaywood, King's Lynn, PE303
£1,10009/230.38 mi-3
£1,10009/230.38 mi-3
£1,09006/240.4 miRegency Avenue, Kings Lynn, Norfolk, PE303
£99509/240.41 miTennyson Avenue, King's Lynn, PE303
£99507/240.45 miGrey Sedge, King's Lynn3
£1,20006/240.45 miWootton Road, KING'S LYNN3
£75007/230.46 mi-3
£75007/230.46 mi-3
£1,05006/240.51 miRegency Avenue, Kings Lynn3
£99506/240.52 miKing's Lynn 3
£92506/240.52 miWhitesedge, King's Lynn, Norfolk3
£92506/240.53 miKings Lynn3
£1,10007/240.54 miBeaumont Way, King's Lynn3
£97501/250.55 mi-3
£77506/240.55 mi-3
£1,05006/240.58 miButterwick, Kings Lynn3
£99006/240.58 miDairy Way, Gaywood, King's Lynn3
£1,09907/230.6 mi-3
£1,15007/240.6 miFolly Grove, KING'S LYNN3

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.15 miles away

Nearest school

0.10 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £225,000

October 7, 2024

Floor Plans

Description

  • Semi-Detached House +
  • Three Bedrooms +
  • Sought After Location - Close to local Schools and Shops +
  • Off-road Parking +
  • Private, Deceptively Spacious Rear Garden +
  • Two Reception Rooms +
  • Ready for you to make your own +
  • No Onward Chain +
  • Electric Storage Heaters +
  • Ideal First or Family Home +

Want a home that you can make your own? Looking for somewhere to turn into the home of your dreams? This three bedroom, semi-detached house could be the one you've been waiting for. The location of this home is one of many selling points, a stone's throw from a wide variety of amenities, you have almost everything you need close by, whether it's your Saturday night takeaway or an emergency pint of milk everything is just a stroll away. The properties setting is coupled with a comfortable level of accommodation, off-road parking, a deceptively spacious rear garden and electric storage heating, all this plus it's being offered to the market with no onward chain. Inside, you'll feel right at home, there's a welcoming entrance hall, a bay fronted living room, dining room, kitchen and rear lobby downstairs. Offering great potential, the rooms downstairs are ready for you to put your stamp on, or subject to planning permission, you could combine the kitchen and dining room to create one fantastic space, perfect for entertaining. Upstairs, the potential continues, there are three well proportioned bedrooms and the main family shower room. The outside space is a perfect complement to the inside, there's ample parking, a carport and lawned garden to the front. The fully enclosed rear garden offers superb privacy, a deceptively large space that, just like inside, is another blank canvas, turn it into the garden you've always wanted, the perfect spot for relaxing in the sun.

Agent Details

Russen & Turner, Kings Lynn

01553 603361

Next Steps?

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

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