4 Bed Terraced House, Single Let, King's Lynn, PE30 2AZ, £169,995

39 Loke Road, King's Lynn, Norfolk, PE30 2AZ - 5 views - 5 months ago

Sold STC

BTL

ROI: 3%

92 m²

+7 photos

ValuationUndervalued

Sold Prices	£143K - £515K
Sold Prices/m²	£895/m² - £3.3K/m²

Square Metres	92 m²
Price/m²	£1.8K/m²
Value Estimate	£203,784£203,784
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£42,499£42,499
Stamp Duty & Legal Fees	£6,300£6,300
Total Cash In	£48,799£48,799

Cash Out
Rent Range	£825 - £1,650£825 - £1,650
Rent Estimate	£861
Running Costs/mo	£723£723
Cashflow/mo	£138£138
Cashflow/yr	£1,651£1,651
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

25 sold prices from £143K to £515K, average is £265K. £895/m² to £3.3K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£170K	10/20	0.14 mi	12, Saltpans Close, King's Lynn, Norfolk PE30 2AT	£895	190	4	Detached House
£146.5K	08/21	0.29 mi	7, Albert Avenue, King's Lynn, Norfolk PE30 1EE	£1,313	112	4	Terraced House
£200K	12/20	0.38 mi	24, Portland Street, King's Lynn, Norfolk PE30 1PB	£1,639	122	4	Semi-Detached House
£191.5K	09/23	0.43 mi	36, Seabank Way, King's Lynn, Norfolk PE30 2NQ	-	-	4	Semi-Detached House
£325K	01/21	0.45 mi	10, St Johns Terrace, King's Lynn, Norfolk PE30 1NW	-	-	4	Terraced House
£345K	10/23	0.48 mi	109, Gaywood Road, King's Lynn, Norfolk PE30 2PU	£2,379	145	4	Semi-Detached House
£200K	12/22	0.5 mi	5, Riversway, King's Lynn, Norfolk PE30 2ED	-	-	4	Semi-Detached House
£235K	05/21	0.52 mi	63, Tennyson Avenue, King's Lynn, Norfolk PE30 2QG	£1,741	135	4	Semi-Detached House
£143K	04/24	0.62 mi	2, Foxs Lane, West Lynn, King's Lynn, Norfolk PE34 3LY	-	-	4	Semi-Detached House
£295K	09/21	0.68 mi	20, Nelson Street, King's Lynn, Norfolk PE30 5DY	£2,893	102	4	Terraced House
£295K	09/21	0.68 mi	20, Nelson Street, King's Lynn, Norfolk PE30 5DY	£2,893	102	4	Terraced House
£300K	02/23	0.72 mi	18, Eastfields Close, Gaywood, King's Lynn, Norfolk PE30 4HQ	£3,158	95	4	Detached House
£350K	04/24	0.72 mi	1, Swan Lane, Gaywood, King's Lynn, Norfolk PE30 4HE	-	-	4	Bungalow
£515K	12/22	0.76 mi	108, Tennyson Road, King's Lynn, Norfolk PE30 5PA	-	-	4	Detached House
£279.9K	05/23	0.77 mi	39, Sculthorpe Avenue, West Lynn, King's Lynn, Norfolk PE34 3NF	£3,294	85	4	Semi-Detached House
£372K	11/23	0.77 mi	1, Samphire Place, West Lynn, King's Lynn, Norfolk PE34 3JE	£2,862	130	4	Detached House
£262.5K	04/21	0.77 mi	22, Park Avenue, King's Lynn, Norfolk PE30 5NJ	£2,051	128	4	Terraced House
£210K	06/21	0.82 mi	44, Windsor Road, King's Lynn, Norfolk PE30 5PL	-	-	4	Semi-Detached House
£250K	09/23	0.83 mi	20, Avenue Road, King's Lynn, Norfolk PE30 5NW	£2,892	86	4	Terraced House
£260K	04/21	0.84 mi	42, Extons Gardens, King's Lynn, Norfolk PE30 5PF	£1,625	160	4	Detached House
£275K	05/23	0.86 mi	51, Wootton Road, Gaywood, King's Lynn, Norfolk PE30 4EZ	£1,503	183	4	Semi-Detached House
£460K	06/23	0.87 mi	46b, Goodwins Road, King's Lynn, Norfolk PE30 5QX	-	-	4	Detached House
£265K	11/23	0.9 mi	4, Cedar Way, West Lynn, King's Lynn, Norfolk PE34 3JY	-	-	4	Detached House
£332.5K	10/23	0.95 mi	4, St Peters Road, West Lynn, King's Lynn, Norfolk PE34 3LG	£2,917	114	4	Semi-Detached House
£178K	04/23	0.97 mi	102, Parkway, Gaywood, King's Lynn, Norfolk PE30 4QQ	£1,604	111	4	Semi-Detached House

Local Rents

28 rents from £825/mo to £1.6K/mo, average is £998/mo.

Rent	Date	Distance	Address	Beds	Type
£825	06/24	0.03 mi	George Street, KINGS LYNN, King's Lynn, PE30	3	Terraced House
£950	09/24	0.04 mi	Cresswell Street, King's Lynn, King's Lynn, PE30	3	Terraced House
£950	06/24	0.07 mi	Cresswell Street, KING'S LYNN	3	House
£895	06/24	0.07 mi	Kings Lynn	3	Terraced House
£850	06/24	0.07 mi	Sir Lewis Street, Kings Lynn, Norfolk, PE30	3	Terraced House
£895	08/24	0.08 mi	Sir Lewis Street, King's Lynn, PE30	3	Terraced House
£925	09/24	0.08 mi	Sir Lewis Street, KING'S LYNN	3	Terraced House
£950	06/24	0.12 mi	Loke Road, KING'S LYNN	3	Flat
£950	06/24	0.13 mi	Woodwark Avenue	3	Terraced House
£1,000	07/24	0.13 mi	Loke Road, KING'S LYNN	3	Semi-Detached House
£995	01/25	0.17 mi	-	3	Terraced House
£1,050	06/24	0.31 mi	Chapel Street	3	House
£925	06/24	0.41 mi	Kings Lynn	3	Terraced House
£1,000	06/24	0.45 mi	Blackfriars Road - Kings Lynn	3	Flat
£1,100	07/24	0.45 mi	Blackfriars Road - Kings Lynn	3	Flat
£1,000	06/24	0.47 mi	King Street, King's Lynn, PE30	3	Terraced House
£950	08/24	0.47 mi	King Street, King's Lynn, PE30	3	Terraced House
£1,330	06/24	0.49 mi	King's Lynn	3	Detached House
£1,100	09/23	0.49 mi	-	3	Detached House
£1,100	09/23	0.49 mi	-	3	Detached House
£995	09/24	0.49 mi	Tennyson Avenue, King's Lynn, PE30	3	Flat
£1,650	06/24	0.51 mi	-	5	Semi-Detached House
£1,100	06/24	0.54 mi	King George V Avenue, KING'S LYNN, PE30	3	Semi-Detached House
£1,100	08/24	0.55 mi	Le Strange Avenue, King's Lynn, Norfolk, PE30	3	Semi-Detached House
£1,100	08/24	0.56 mi	30 Low Road, King's Lynn, PE30	3	Bungalow
£1,000	06/24	0.57 mi	St James Court, King's Lynn, PE30	3	Terraced House
£1,200	08/24	0.57 mi	St James Court, King's Lynn, PE30	3	Terraced House
£995	06/24	0.58 mi	King's Lynn	3	Terraced House

Local Area Statistics

Population in PE30	43,92443,924
Population in King's Lynn	108,995108,995
Town centre distance	0.79 miles away0.79 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.43 miles away0.43 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+14%+14%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+26%+26%

Property History

Listed for £169,995

November 15, 2024

Sold for £74,995

2012

Floor Plans

Description

Four Bedrooms +
Lounge +
Dining Room +
Ground Floor Shower Room +
EPC Rating - D +
Gas Central Heating +

A four bedroom end of terrace house situated on Loke Road. The accommodation comprises hall, lounge, dining room, kitchen, ground floor shower room, four bedrooms and a bathroom. The property further benefits from gas central heating, double glazing and courtyard garden with brick store. Local amenities can be found on Loke Road with more extensive facilities found within walking distance including a main line rail link into Cambridge and London King's Cross.

Agent Details

Newson & Buck Estate Agents, Kings Lynn

01553 603670

Next Steps?

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

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4 Bed Terraced House, Single Let, King's Lynn, PE30 2AZ, £169,995

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

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