3 Bed Semi-Detached House, Single Let, King's Lynn, PE30 3AE, £270,000

Marsh Lane, King's Lynn, Norfolk, PE30 3AE - 5 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£125K - £438K
Sold Prices/m²£1.3K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£234,714

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£650 - £1,400

Rent Estimate

£990

Running Costs/mo

£1,062

Cashflow/mo

£-72

Cashflow/yr

£-861

Gross Yield

4%

Local Sold Prices

50 sold prices from £125K to £438K, average is £225K. £1.3K/m² to £4.4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£159.5K10/200.07 mi34, Samphire, King's Lynn, Norfolk PE30 3PH3
£237.5K01/240.07 mi45, Samphire, King's Lynn, Norfolk PE30 3PH3
£231.5K03/240.1 mi21, Spring Sedge, King's Lynn, Norfolk PE30 3PP3
£177.5K02/210.1 mi33, Spring Sedge, King's Lynn, Norfolk PE30 3PP3
£346K11/220.1 miDebernie, Folly Grove, Gaywood, King's Lynn, Norfolk PE30 3AF3
£392.5K05/230.11 mi6, Fern Road, King's Lynn, Norfolk PE30 3BF3
£290K01/230.13 mi217, Wootton Road, King's Lynn, Norfolk PE30 3AN3
£215K05/240.15 mi41, Grey Sedge, King's Lynn, Norfolk PE30 3PL3
£193.5K09/210.15 mi9, Grey Sedge, King's Lynn, Norfolk PE30 3PL3
£305K04/210.16 mi21, Millfields, King's Lynn, Norfolk PE30 3DU3
£290K02/240.16 mi194b, Wootton Road, King's Lynn, Norfolk PE30 3BQ3
£195K08/230.17 mi13, Tawny Sedge, King's Lynn, Norfolk PE30 3PW3
£225K02/240.22 mi169, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4DW3
£225K03/210.22 mi179, Wootton Road, King's Lynn, Norfolk PE30 4DW3
£410K02/240.22 mi157, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4DW3
£210K09/230.23 mi83, Baldock Drive, King's Lynn, Norfolk PE30 3DQ3
£255K08/230.23 mi24, Baldock Drive, King's Lynn, Norfolk PE30 3DQ3
£175K02/210.23 mi74, Baldock Drive, King's Lynn, Norfolk PE30 3DQ3
£438K11/230.23 mi61, Baldock Drive, King's Lynn, Norfolk PE30 3DQ3
£230K07/210.25 mi1, Reeves Avenue, King's Lynn, Norfolk PE30 3DJ3
£200K02/230.26 mi40, Charlock, King's Lynn, Norfolk PE30 3BL3
£325K10/230.26 mi148, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4BU3
£333K06/210.26 mi154, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4BU3
£275K08/230.27 mi275, Wootton Road, King's Lynn, Norfolk PE30 3AR3
£195K11/200.27 mi28, Dairy Way, Gaywood, King's Lynn, Norfolk PE30 4TR3
£300K02/210.28 mi226, Wootton Road, King's Lynn, Norfolk PE30 3BH3
£180K08/230.29 mi12, Stag Place, King's Lynn, Norfolk PE30 2LS3
£155K10/200.29 mi2, Stag Place, King's Lynn, Norfolk PE30 2LS3
£240K09/230.29 mi20, Shelford Drive, King's Lynn, Norfolk PE30 3AS3
£250K09/210.29 mi11, Shelford Drive, King's Lynn, Norfolk PE30 3AS3
£244K01/210.29 mi12, Shelford Drive, King's Lynn, Norfolk PE30 3AS3
£225K03/210.29 mi9, Shelford Drive, King's Lynn, Norfolk PE30 3AS3
£175K11/210.3 mi84, Suffield Way, King's Lynn, Norfolk PE30 3DL3
£205K08/230.3 mi80, Suffield Way, King's Lynn, Norfolk PE30 3DL3
£230K02/230.31 mi10, Churn Court, Gaywood, King's Lynn, Norfolk PE30 4SX3
£175K06/230.33 mi35, Balmoral Road, Gaywood, King's Lynn, Norfolk PE30 4DF3
£150K04/230.34 mi2, Hope Court, King's Lynn, Norfolk PE30 2LZ3
£250K12/230.34 mi39, Fenland Road, King's Lynn, Norfolk PE30 3EU3
£223K11/200.34 mi35, Fenland Road, King's Lynn, Norfolk PE30 3EU3
£190K03/210.35 mi10, Russett Close, King's Lynn, Norfolk PE30 3HB3
£270K10/230.35 mi1, Russett Close, King's Lynn, Norfolk PE30 3HB3
£210K09/210.35 mi68, Dairy Way, Gaywood, King's Lynn, Norfolk PE30 4DU3
£125K04/210.35 mi4, North Way, King's Lynn, Norfolk PE30 2LW3
£210K04/240.35 mi6, Clifton Road, King's Lynn, Norfolk PE30 3DN3
£209K10/230.36 mi32, Suffield Way, King's Lynn, Norfolk PE30 3DE3
£157.5K03/210.37 mi57, Tamarisk, King's Lynn, Norfolk PE30 3DZ3
£215K06/230.38 mi8, Monkshood, King's Lynn, Norfolk PE30 3HG3
£196K06/210.38 mi3, Vole Court, Gaywood, King's Lynn, Norfolk PE30 4TS3
£240K05/240.38 mi3, Vole Court, Gaywood, King's Lynn, Norfolk PE30 4TS3
£265K09/210.39 mi15, Willow Park, King's Lynn, Norfolk PE30 3BP3

Local Rents

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

RentDateDistanceAddressBeds 
£1,15007/240.09 miFolly Grove, KING'S LYNN3
£99507/240.15 miGrey Sedge, King's Lynn3
£92506/240.2 miWhitesedge, King's Lynn, Norfolk3
£1,20006/240.22 miWootton Road, KING'S LYNN3
£99006/240.27 miDairy Way, Gaywood, King's Lynn3
£1,10002/250.27 mi-3
£1,30007/240.37 miField End Close, Gaywood, King's Lynn, PE303
£1,40009/240.37 mi-3
£1,10006/240.38 miVole Court, Gaywood, KING'S LYNN3
£1,20006/240.39 miWillow Park, King's Lynn, PE303
£1,30006/240.41 miDenmark Road, Gaywood, KING'S LYNN3
£1,20006/240.42 miFfolkes Drive, KING'S LYNN3
£65006/240.49 miMethuen Avenue, Gaywood, KING'S LYNN3
£1,10006/240.55 miKings Lynn3
£1,15009/240.56 miSouth Wootton Lane, King's Lynn3
£1,10008/240.59 miLe Strange Avenue, King's Lynn, Norfolk, PE303
£1,10009/230.6 mi-3
£1,10009/230.6 mi-3

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.72 miles away

Nearest school

0.50 miles away

Nearest train station

1.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £270,000

October 23, 2024

Floor Plans

Description

  • A THREE BEDROOM SEMI DETACHED HOME PRESENTED IN EXCELLENT CONDITION +
  • IDEAL FOR FIRST TIME BUYERS OR FAMILIES +
  • POSITIONED CLOSE TO LOCAL AMENITIES +
  • RECENTLY INSTALLED SUMMER HOUSE WITH POWER AND LIGHTING CONNECTED, ALONG WITH A LOW MAINTENANCE REAR GARDEN +
  • MASTER BEDROOM WITH EN SUITE +
  • MODERN KITCHEN DINING ROOM +
  • SPACIOUS LOUNGE +
  • LOTS OF PARKING ON THE DRIVEWAY +

The Norfolk Agents are pleased to offer to the market this impressive three bedroom semi detached home which would suit a wide range of buyers and is presented in excellent condition. The property has spacious accommodation throughout with a master bedroom benefitting from an en suite, modern kitchen dining room and a low maintenance garden which has had a recently installed summer house which would be ideal as a home office. Viewing is essential to appreciate this superb home!

Accommodation:

The property is accessed via the welcoming entrance hall which provides access to all of the ground floor space along with stairs to the first floor. The stunning open plan kitchen is finished to a high standard with plenty of room for appliances along with double doors out to the rear garden which are ideal for the summer months, there are also doors through in to the lounge meaning there is flexibility to open the space up or close it off as separate rooms. The lounge itself is spacious in size with plenty of natural light whilst a WC completes the ground floor.

On the first floor are three bedrooms along with the family bathroom. The master bedroom is particularly impressive with an en suite shower room, bedroom two is also a generous double whilst bedroom three is currently used as a home office but would make an ideal childrens bedroom. The family bathroom is fitted with a three piece suite and is finished to a high standard. There is also storage space over the stairs.

Outside:

The rear garden is enclosed and low maintenance yet offers a fantastic space to relax and entertain during the summer months. The generous patio leads on to Astro turf whilst there is also gated access out to the front of the home. The recently installed summer house offers space for home working or could be adapted for a variety of other uses. On the driveway which is largely laid to shingle there is plenty of parking for many vehicles due to the corner plot position of this home.

Services:

This home has mains electric, mains water and has air source central heating via radiators. It is double glazed throughout.

Council Tax Band: C

EPC Rating: C

Purchasers will be asked to produce ID to satisfy money laundering regulations and we would ask for your co-operation in providing the relevant documentation. 2. While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property. If there is any point which is of particular importance to you, please contact the office and we will be please to make further investigations. 3. The measurements indicated are supplied for guidance only. 4. Please note we have not tested the services or any of the equipment or appliances in this property. 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 FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. THE NORFOLK AGENTS LIMITED NOR ANY OF ITS EMPLOYEES HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATSOEVER IN RELATION TO THIS PROPERTY.

Agent Details

The Norfolk Agents, Kings Lynn

01553 603396

Next Steps?

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