2 Bed Bungalow, Single Let, King's Lynn, PE30 3BY, £255,000

12 Ffolkes Drive, King's Lynn, Norfolk PE30 3BY - 6 months ago

Sold STC
BTL
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£100K - £300K
Sold Prices/m²£800/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£209,113

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£63,750

Stamp Duty & Legal Fees

£9,100

Total Cash In

£72,850

 

 

Cash Out

 

Rent Range

£700 - £1,250

Rent Estimate

£703

Running Costs/mo

£957

Cashflow/mo

£-254

Cashflow/yr

£-3,054

Gross Yield

3%

Local Sold Prices

50 sold prices from £100K to £300K, average is £191.3K. £800/m² to £4.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£269.9K02/210.07 mi28, Willow Park, King's Lynn, Norfolk PE30 3BP2
£212K01/240.12 mi8, Peppers Green, King's Lynn, Norfolk PE30 3DA2
£210K03/210.13 mi16, Suffield Way, King's Lynn, Norfolk PE30 3DE2
£136K03/210.19 mi3, Baldock Drive, King's Lynn, Norfolk PE30 3DG2
£235K11/230.24 mi14, James Close, King's Lynn, Norfolk PE30 3SH2
£175K01/210.27 mi38, Spenser Road, King's Lynn, Norfolk PE30 3DP2
£200K02/230.34 mi32, Daseleys Close, King's Lynn, Norfolk PE30 3SL2
£148K12/200.34 mi48, Daseleys Close, King's Lynn, Norfolk PE30 3SL2
£210K02/230.37 mi7, Crofters Close, King's Lynn, Norfolk PE30 3PQ2
£250K09/210.37 mi2, Crofters Close, King's Lynn, Norfolk PE30 3PQ2
£200K06/210.37 mi6, Crofters Close, King's Lynn, Norfolk PE30 3PQ2
£218K10/230.4 mi62, Temple Road, King's Lynn, Norfolk PE30 3SS2
£228K12/230.4 mi32, Temple Road, King's Lynn, Norfolk PE30 3SS2
£147K09/210.41 mi44, Charlock, King's Lynn, Norfolk PE30 3BL2
£185K05/230.41 mi26, Clifford Burman Close, King's Lynn, Norfolk PE30 3SN2
£250K12/200.47 miKingston, Common Lane, South Wootton, King's Lynn, Norfolk PE30 3HW2
£210K08/230.53 mi12, Bracken Road, South Wootton, King's Lynn, Norfolk PE30 3LP2
£215K10/230.54 mi21, Blackford, King's Lynn, Norfolk PE30 3UL2
£219K05/240.56 mi175, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4DW2
£125K03/230.58 mi5, Chew Court, King's Lynn, Norfolk PE30 3XP2
£170K01/230.58 mi17, Rainsthorpe, South Wootton, King's Lynn, Norfolk PE30 3UF2
£162.5K05/230.58 mi3, Rainsthorpe, South Wootton, King's Lynn, Norfolk PE30 3UF2
£285K03/230.59 mi34, Euston Way, South Wootton, King's Lynn, Norfolk PE30 3TX2
£198K05/210.59 mi21, Euston Way, South Wootton, King's Lynn, Norfolk PE30 3TX2
£200K04/210.59 mi50, Euston Way, South Wootton, King's Lynn, Norfolk PE30 3TX2
£155K01/230.6 mi10, Colney Court, King's Lynn, Norfolk PE30 3UY2
£130K05/240.6 mi11, Colney Court, King's Lynn, Norfolk PE30 3UY2
£170K01/230.62 mi44, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UB2
£165K02/230.63 mi56, Burghley Road, South Wootton, King's Lynn, Norfolk PE30 3TU2
£185K02/210.63 mi28, Burghley Road, South Wootton, King's Lynn, Norfolk PE30 3TU2
£252K12/220.63 mi4, Burghley Road, South Wootton, King's Lynn, Norfolk PE30 3TU2
£220K02/210.63 mi11, Ickworth Close, South Wootton, King's Lynn, Norfolk PE30 3TZ2
£160K02/210.63 mi1, Ickworth Close, South Wootton, King's Lynn, Norfolk PE30 3TZ2
£300K11/210.64 mi20, Rushmead Close, South Wootton, King's Lynn, Norfolk PE30 3LY2
£197.5K03/240.66 mi42, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UB2
£175K08/210.67 mi28, Edinburgh Avenue, Gaywood, King's Lynn, Norfolk PE30 4DG2
£175K11/230.68 mi55, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UA2
£157.5K12/200.68 mi63, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UA2
£232.5K04/230.68 mi1, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UA2
£175K11/200.68 mi7, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UA2
£160K12/200.68 mi57, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UA2
£230K07/230.68 mi7, Langley Road, South Wootton, King's Lynn, Norfolk PE30 3UA2
£170K03/210.7 mi9, Barnwell Road, Gaywood, King's Lynn, Norfolk PE30 4DQ2
£185K04/240.76 mi130, Elvington, King's Lynn, Norfolk PE30 4UX2
£155K01/210.76 mi151, Elvington, King's Lynn, Norfolk PE30 4UX2
£100K02/230.8 mi76, Nursery Lane, South Wootton, King's Lynn, Norfolk PE30 3NB2
£300K11/230.83 mi25, Barsham Drive, South Wootton, King's Lynn, Norfolk PE30 3TT2
£235K07/230.87 mi51, Kensington Road, King's Lynn, Norfolk PE30 4AS2
£157K04/230.88 mi19, Mariners Way, King's Lynn, Norfolk PE30 2NY2
£147K06/230.89 mi6, Broom Close, South Wootton, King's Lynn, Norfolk PE30 3WL2

Local Rents

30 rents from £700/mo to £1.3K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£85006/240.3 miBaldock Drive, KING'S LYNN2
£80007/240.3 miBaldock Drive, Amberley Grange, King's Lynn2
£89506/240.42 miKing's Lynn2
£92508/240.42 miKing's Lynn2
£85006/240.5 miElsing Drive, KING'S LYNN2
£95007/240.54 miBlackford2
£87509/240.58 miChew Court, King's Lynn, PE302
£89507/240.58 miRainsthorpe2
£85012/240.64 mi-2
£95007/240.68 miLangley Road, South Wootton, King's Lynn2
£85007/240.7 miBarnwell Road, King's Lynn, PE302
£89506/240.71 miMannington Place, South Wootton, King's Lynn, PE302
£85006/240.76 miElvington, KING'S LYNN2
£89507/240.76 miKings Lynn2
£85006/240.76 miElvington, SPRINGWOOD, PE302
£1,20009/240.76 miLittle Walsingham Close, South Wootton, PE302
£97506/240.83 miCastleacre Close, South Wootton.2
£72506/240.86 miLady Jane Grey Road, KING'S LYNN2
£85006/240.93 miLady Jane Grey Road, King's Lynn, PE302
£87506/240.98 miElvington, KING'S LYNN2
£85004/241 mi-2
£89506/241.01 miNorth Star Court, King's Lynn, PE302
£1,00007/241.02 miRiver Lane, Gaywood, King's Lynn, PE302
£1,25012/231.04 mi-2
£1,25001/251.04 mi-2
£1,25001/251.04 mi-2
£95006/241.05 miBede Close - North Wootton2
£70006/241.05 miThe Swan, Gaywood, Kings lynn2
£95006/241.22 miHickling, Kings Lynn2
£95006/241.23 miNorth Wootton2

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

1.15 miles away

Nearest school

0.30 miles away

Nearest train station

1.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £255,000

October 17, 2024

Floor Plans

Description

  • Vestibule +
  • Hallway +
  • Living Room +
  • Kitchen +
  • Pantry +
  • Sunroom +
  • Bathroom +
  • Seperate WC +
  • Carport +
  • Gardens & Outside Store +

Ffolkes Drive is a mature residential location just off South Wootton Lane in The Grange area to the northern edge of the town. This is a most convenient location for easy access to a wide variety of local amenities including those in the nearby Wootton, Gaywood and King's Lynn town centre, with bus stop on neighbouring Spencer Road. King's Lynn is a historic Norfolk market town well stocked with amenities in both the town centre and nearby Hardwick Retail Park. It also has the benefit of a mainline rail link to London Kings Cross via Ely & Cambridge. The area provides residents with easy access to the nearby North Norfolk Coastline and surrounding delightful countryside including the Royal Sandringham Estate.

12 Ffolkes Drive is a detached 2 bedroom bungalow residence on a generous plot with the added benefit of off-street parking and an enclosed carport. The accommodation is of a generous size with double doors opening the living room onto the rear garden patio. This bungalow now provides an ideal opportunity to update to a new owners specification. It may also be possible to convert the dining room to a 3rd bedroom if required with some reconfiguration. 

Vestibule 4' 7" x 4' 0" (1.4m x 1.22m) With paned entrance door.
 

Hallway 17' 5" x 4' 10" (5.31m x 1.47m) With radiator, storage cupboard and roof access hatch.
 

Living Room 20' 9" x 12' 0" (6.32m x 3.66m) With two radiators, double doors onto garden patio and
an internal door leading to the rear garden room. 

Kitchen 11' 10" x 7' 11" (3.61m x 2.41m) With fitted wall and base units, fitted worktops, tiled
surround splashback, single bowl sink with drainer and
monobloc tap, service hatch, large, shelved pantry and
UPVC window overlooking the rear garden. 

Study With serving hatch, TV point and worktop. 

Garden Room 12' 0" x 5' 10" (3.66m x 1.78m) With UPVC window surround and door to rear garden. 

Bathroom 6' 7" x 6' 0" (2.01m x 1.83m) With low level WC and handbasin with chrome mixer
taps. 

Bedroom 1 15' 10" x 12' 11" (4.83m x 3.94m) Dual aspect with radiator, TV point, fireplace and tiled
hearth. 

Bedroom 2 11' 10" x 12' 0" (3.61m x 3.66m) With radiator and thermostat. 

Dining Room 12' 0" x 9' 10" (3.66m x 3m) With radiator, 3 paned window and built in cupboard. 

WC 5' 8" x 6' 10" (1.73m x 2.08m) With radiator, low level WC and handbasin with
monochrome taps, large half washing sink and white tile
surrounds. 

Carport With garage door and UPVC door and windows to rear.
 

Rear Garden With gated side access, patio, gravelled area and garden
shed. 

Title We are advised that the property is not currently registered at Land Registry. Our Clients / Clients legal advisors are in possession of Title Deeds. 

Energy Performance Certificate (EPC) The EPC for this property is provided by an Energy Assessor independent of LANDLES. Applicants should view the complete EPC report online at and searching by postcode. 

Services Mains water, electricity and drainage are understood to be available. These services and related appliances have not been tested.  

Council Tax Enquiries indicate the property is assessed at Council Tax Band "D" with a current annual charge of £2188.91 2024/2025. 

Tenure Freehold. Vacant possession upon completion.  

Viewing Further details and arrangements for viewing may be obtained from the appointed selling agents, LANDLES 

Negotiations All negotiations in respect of this property are to be carried out strictly via the Agents, LANDLES 

Anti-Money Laundering Directive: Prospective purchasers will be required to provide the usual PROOF OF IDENTITY documents at the stage of agreeing a subject to contract sale.  

OFFER REFERENCING: Applicants who wish to put forward subject to contract offers agree to the selling agents, LANDLES, making the usual enquiries in respect of chain checking, to provide evidence of a lenders mortgage application in principal note, and to provide proof of funds on request, etc. 

Privacy Statement: The LANDLES Privacy Statement is available to view online or upon request. 

SUBJECT TO CONTRACT: ALL NEGOTIATIONS IN RESPECT OF THIS PROPERTY REMAIN SUBJECT TO CONTRACT AT ALL TIMES. Please read the IMPORTANT NOTES included on these Particulars. 

IMPORTANT NOTES LANDLES for themselves and for the Vendors or Lessors of this property whose Agents they are give notice that (i) the particulars are produced in good faith and are set out as a general guide only do not constitute any part of a contract and LANDLES accepts no responsibility for any error omission or mis-statement in these particulars (ii) no person in the employment of LANDLES has any authority to make or give any representation or warranty whatever in relation to this property (iii) any plans produced on these particulars are for illustrative purposes only and are not to scale, any area or other measurements stated are subject to measured survey (iv) unless specifically referred to in these particulars any chattels, garden furniture or statuary, equipment, trade machinery or stock, fittings etc is excluded from the sale or letting whether appearing in images or not (v) Applicants should make their own independent enquiries into current USE or past use of the property, any necessary permissions for use and occupation and any potential uses that may be required (vi) all prices and rents are quoted subject to contract and NET of VAT unless otherwise stated (vii) the Agents take no responsibility for any costs applicants may incur in viewing the property, making enquiries or submitting offers (viii) any EPC indicated in these particulars is produced independently of LANDLES and no warranty is given or implied as to its accuracy or completeness.

Agent Details

Landles, Kings Lynn

01553 772816

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