2 Bed Flat, Single Let, King's Lynn, PE30 1LT, £132,500

18 North Hirne Court, King's Lynn PE30 1LT - 5 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~53 m²
+6 photos

ValuationOvervalued

Sold Prices£72K - £295K
Sold Prices/m²£1.3K/m² - £2.5K/m²

 

 

Square Metres

~52.90 m²
Price/m²£2.5K/m²

Value Estimate

£104,870

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,125

Stamp Duty & Legal Fees

£7,825

Total Cash In

£40,950

 

 

Cash Out

 

Rent Range

£625 - £995

Rent Estimate

£678

Running Costs/mo

£570

Cashflow/mo

£108

Cashflow/yr

£1,300

ROI

3%

Gross Yield

6%

Local Sold Prices

26 sold prices from £72K to £295K, average is £120.5K. £1.3K/m² to £2.5K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£130K10/230.03 miFlat 10, North Hirne Court, St Anns Street, King's Lynn, Norfolk PE30 1LT2
£210K05/210.16 miFlat 46, Trinity Quay, Page Stair Lane, King's Lynn, Norfolk PE30 1NQ2
£104K11/200.23 mi44e, King Street, King's Lynn, Norfolk PE30 1ES2
£178K11/200.24 mi11, Old School Court, King's Lynn, Norfolk PE30 1DB2
£295K02/210.24 mi16, Old School Court, King's Lynn, Norfolk PE30 1DB2
£269K10/230.24 mi22, Old School Court, King's Lynn, Norfolk PE30 1DB2
£72K02/210.35 mi19, Harecroft Gardens, King's Lynn, Norfolk PE30 2BY2
£110K12/220.36 mi11, Harecroft Gardens, King's Lynn, Norfolk PE30 2BY2
£158.5K10/220.38 miFlat 6, Bellfosters, Kings Staithe Lane, King's Lynn, Norfolk PE30 1LZ2
£105K11/210.39 miFlat 13, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£129.9K05/210.4 miFlat 6, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£120K01/230.41 miFlat 12, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£120K10/230.41 miFlat 22, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£122.5K05/230.41 miFlat 28, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£125K12/200.41 miFlat 5, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£111K01/230.42 mi17, Harewood Parade, King's Lynn, Norfolk PE30 2BT2
£121K12/230.46 mi133, St Peters Road, West Lynn, King's Lynn, Norfolk PE34 3JL2
£113.6K06/230.48 mi64, Highgate, King's Lynn, Norfolk PE30 1PU2
£120K03/230.48 mi71, Highgate, King's Lynn, Norfolk PE30 1PU2
£90K05/210.62 miFlat 130, The Maltings, Swiss Terrace, King's Lynn, Norfolk PE30 2QS2
£111K10/220.62 miFlat 242, The Maltings, Swiss Terrace, King's Lynn, Norfolk PE30 2QS2
£130K01/230.84 mi26, Bransby Close, King's Lynn, Norfolk PE30 5RY2
£125K11/220.84 mi32, Bransby Close, King's Lynn, Norfolk PE30 5RY2
£85K09/210.89 mi29, Lady Jane Grey Road, King's Lynn, Norfolk PE30 2NS2
£100K10/230.89 mi23, Lady Jane Grey Road, King's Lynn, Norfolk PE30 2NS2
£122.5K12/200.94 miFlat A, Harvest House, Wisbech Road, King's Lynn, Norfolk PE30 5JL2

Local Rents

47 rents from £625/mo to £995/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£90006/240.04 miSt Anns House, King's Lynn, PE302
£89508/240.09 miTuesday Market Place, King's Lynn, Norfolk, PE302
£99506/240.1 miPilot Street, King's Lynn, PE302
£95001/250.13 mi-2
£95003/250.13 mi-2
£85006/240.13 miBishops Lynn House, King's Lynn, PE302
£95009/240.13 miBishops Lynn House, King's Lynn, PE302
£82508/240.13 miAustin Street, KINGS LYNN, PE302
£79508/240.13 miRegis House2
£92506/240.16 miPage Stair Lane, King's Lynn, PE302
£75007/240.17 miChapel Street2
£82506/240.19 miBirchwood Street, King's Lynn, PE302
£89506/240.23 miFredricks Court, King's Lynn2
£92506/240.23 miLovell House, Kings Lynn2
£90006/240.23 miOld School Court, King Street, KING'S LYNN, PE302
£82506/240.24 mi-2
£77506/240.24 miOld Sunway, KING'S LYNN2
£75006/240.24 mi-2
£80006/240.25 mi-2
£80007/240.25 mi-2
£80006/240.25 miCresswell Street, King's Lynn, PE302
£77502/250.29 mi-2
£89506/240.3 miFlat 1, Waterside, 29 Purfleet Street, King's Lynn, Norfolk, PE302
£82506/240.32 miPurfleet Street, King's Lynn2
£82508/240.32 miPurfleet Street2
£95006/240.32 mi-2
£77506/240.35 miBlackfriars Road, KING'S LYNN2
£80007/240.35 miBlackfriars Road, KING'S LYNN2
£85006/240.35 miOld Market Street, King's Lynn2
£79506/240.36 mi5 Portland Street, King's Lynn, PE302
£75009/230.37 mi-2
£80006/240.37 miBaker Lane - Kings Lynn2
£98506/240.37 miKings Staithe Lane, King's Lynn2
£95006/240.38 miKing's Lynn2
£77506/240.39 miWaterloo Street, King's Lynn2
£89506/240.4 miWaterloo Street, Kings Lynn, PE302
£89503/240.4 mi-2
£89509/240.4 miEagle Yard, Gaywood Road, King's Lynn, PE302
£75001/250.41 mi-2
£72506/240.41 miBlackfriars Road, King's Lynn, PE302
£65007/240.41 miKingslynn, PE302
£62507/240.41 miKingslynn, PE302
£81008/240.48 miKing's Lynn2
£85011/240.5 mi-2
£75006/240.51 miStonegate Street, KING'S LYNN2
£85006/240.52 miMill Houses, King's Lynn, PE302
£85008/240.52 miMill Houses, King's Lynn, PE302

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.99 miles away

Nearest school

0.40 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £132,500

October 10, 2024

Floor Plans

Description

  • Ground Floor Flat +
  • Two Double Bedrooms +
  • No Onward Chain +
  • Close to town centre +
  • 24ft Living/Dining Room +
  • Well Presented Throughout +
  • Long Lease - Over 900 Years Remaining +
  • Allocated Parking Space +
  • Communal Gardens and Store +
  • Walking Distance to a Wealth of Amenities +

The perfect home for town centre living. Set in the corner of the town centre just off historic St Ann's Street, North Hirne Court is tucked away and just a short stroll to the shops, restaurants and bars of King's Lynn. Park your car in your very own allocated parking space and step into this bright and airy, two double bedroom, ground floor apartment. Ready to be enjoyed from the moment you turn the key in the door, this home boasts an excellent level of comfortable accommodation that is coupled with electric storage heaters and an allocated off-road parking space (found directly outside the property). Inside, you'll find a fantastic, dual aspect, 24ft living/dining room, the perfect space for spending time with friends and family, a kitchen that offers a wealth of storage and worktop space thanks to the fitted units, two comfortable double bedrooms and a modern shower room. Outside, the property benefits from it's own, allocated, off-road parking space, found right outside the property. The apartment also benefits from the communal gardens and a communal store too. We understand that the term of the lease was 999 years from 01.01.1994 meaning there is 963 years remaining. We have also been advised that the service charges and ground rent for 23/24 are approximately £1965.76 . Please note we are awaiting exact confirmation of both these pieces of information.

Agent Details

Russen & Turner, Kings Lynn

01553 603361

Next Steps?

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