3 Bed Terraced House, Single Let, King's Lynn, PE30 5LF, £150,000

2 Beloe Crescent, King's Lynn, Norfolk, PE30 5LF - 4 views - 4 months ago

Sold STC
BTL
ROI: 7%
90 m²
+12 photos

ValuationUndervalued

Sold Prices£95K - £250K
Sold Prices/m²£992/m² - £2.7K/m²

 

 

Square Metres

90 m²
Price/m²£1.7K/m²

Value Estimate

£158,308
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£800 - £1,400

Rent Estimate

£935

Running Costs/mo

£676

Cashflow/mo

£259

Cashflow/yr

£3,111

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £95K to £250K, average is £151.5K. £992/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£135K12/200 mi43, Beloe Crescent, King's Lynn, Norfolk PE30 5LF3
£122.5K01/240.06 mi14, Hillen Road, King's Lynn, Norfolk PE30 5LG3
£125K09/210.06 mi60, Hillen Road, King's Lynn, Norfolk PE30 5LG3
£170K05/230.07 mi23, Hillen Road, King's Lynn, Norfolk PE30 5LE3
£160K10/230.07 mi35, Hillen Road, King's Lynn, Norfolk PE30 5LE3
£142.5K02/210.07 mi195, Saddlebow Road, King's Lynn, Norfolk PE30 5BW3
£143K06/210.07 mi235, Saddlebow Road, King's Lynn, Norfolk PE30 5BW3
£109K05/210.11 mi1, Sydney Terrace, King's Lynn, Norfolk PE30 5BP3
£168K04/210.11 miThe Rubicon, 14, Sydney Terrace, King's Lynn, Norfolk PE30 5BP3
£145K03/230.16 mi113, Saddlebow Road, King's Lynn, Norfolk PE30 5BN3
£155K11/230.16 mi105, Saddlebow Road, King's Lynn, Norfolk PE30 5BN3
£123K09/210.17 mi1, Keene Road, King's Lynn, Norfolk PE30 5BT3
£145K10/230.18 mi29, Bunnett Avenue, King's Lynn, Norfolk PE30 5JY3
£165K12/220.22 mi28, Metcalf Avenue, King's Lynn, Norfolk PE30 5JT3
£160K01/230.24 mi97, Saddlebow Road, King's Lynn, Norfolk PE30 5BN3
£140K06/210.25 mi2, St Valery Lane, King's Lynn, Norfolk PE30 5LN3
£130K11/200.27 mi17, Kitchener Street, King's Lynn, Norfolk PE30 5BJ3
£185K01/210.27 mi59, Wisbech Road, King's Lynn, Norfolk PE30 5JS3
£161.5K09/230.28 mi22, Queens Avenue, King's Lynn, Norfolk PE30 5LR3
£165K01/210.28 mi30, Saddlebow Road, King's Lynn, Norfolk PE30 5BH3
£177.5K05/230.28 mi34, Saddlebow Road, King's Lynn, Norfolk PE30 5BH3
£117.5K06/230.31 mi3, Ouse Avenue, King's Lynn, Norfolk PE30 5LS3
£105K04/230.31 mi7, Ouse Avenue, King's Lynn, Norfolk PE30 5LS3
£180K08/230.32 mi28, Wisbech Road, King's Lynn, Norfolk PE30 5JP3
£245K01/230.32 mi2, Ruddy Duck Lane, King's Lynn, Norfolk PE30 5DP3
£108K05/210.34 mi16, Hockham Street, King's Lynn, Norfolk PE30 5LZ3
£102K11/200.34 mi17, Hockham Street, King's Lynn, Norfolk PE30 5LZ3
£120K01/240.34 mi28, Hockham Street, King's Lynn, Norfolk PE30 5LZ3
£95K06/210.36 mi15, Wisbech Road, King's Lynn, Norfolk PE30 5JW3
£118K06/210.36 mi30, Hockham Street, King's Lynn, Norfolk PE30 5LZ3
£143K10/230.39 mi14, Diamond Street, King's Lynn, Norfolk PE30 5LX3
£130K05/210.39 mi11, Wisbech Road, King's Lynn, Norfolk PE30 5JN3
£182K10/230.4 mi7, Winfarthing Avenue, King's Lynn, Norfolk PE30 5LY3
£135K12/200.4 mi15, Winfarthing Avenue, King's Lynn, Norfolk PE30 5LY3
£150K12/230.58 mi5, Cromwell Terrace, King's Lynn, Norfolk PE30 5AX3
£215K07/230.61 mi45, Friars Street, King's Lynn, Norfolk PE30 5AP3
£162.5K06/210.61 mi73, Friars Street, King's Lynn, Norfolk PE30 5AP3
£153K01/210.61 mi20, Friars Street, King's Lynn, Norfolk PE30 5AP3
£207.5K05/230.61 mi48, Friars Street, King's Lynn, Norfolk PE30 5AP3
£250K08/230.62 mi53, Vancouver Avenue, King's Lynn, Norfolk PE30 5RD3
£189K05/230.62 mi71, Vancouver Avenue, King's Lynn, Norfolk PE30 5RD3
£245K07/230.63 mi2, Guanock Place, King's Lynn, Norfolk PE30 5QJ3
£195K10/200.64 mi2, Guanock Place, King's Lynn, Norfolk PE30 5QJ3
£135K07/210.65 mi44, Checker Street, King's Lynn, Norfolk PE30 5AS3
£170K10/230.7 mi4, Guanock Terrace, King's Lynn, Norfolk PE30 5QT3
£174.9K12/200.71 mi17, York Road, King's Lynn, Norfolk PE30 5RB3
£150K05/210.72 mi13, Carmelite Terrace, King's Lynn, Norfolk PE30 5AF3
£130K03/210.73 mi10, Valingers Road, King's Lynn, Norfolk PE30 5HD3
£192K11/200.73 mi43, Sidney Street, King's Lynn, Norfolk PE30 5RF3
£230K12/200.73 mi26, Sidney Street, King's Lynn, Norfolk PE30 5RF3

Local Rents

16 rents from £800/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£89503/250.05 mi-3
£1,10012/230.17 mi-3
£99508/240.23 miHoney Bee Lane, King's Lynn, PE303
£1,10008/240.23 miDragonfly Way, King's Lynn, PE303
£85004/250.27 mi-3
£1,40006/240.27 miWisbech Road, KING'S LYNN3
£1,25012/240.33 mi-3
£1,05007/240.34 miSandpiper Way, King's Lynn3
£87507/240.35 miHockham Street, King's Lynn, PE303
£1,20006/240.56 miEthel Terrace, Kings Lynn3
£1,10006/240.56 mi-3
£1,10006/240.56 mi-3
£1,20010/240.58 mi-3
£99504/250.58 mi-3
£80007/240.59 miGladstone Road, King's Lynn, Norfolk3
£1,05006/240.62 miFriars Street, King's Lynn, PE303

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

1.62 miles away

Nearest school

0.10 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £150,000

December 26, 2024

Sold for £86,500

2005

Sold for £52,000

2001

Floor Plans

Description

This three-bedroom end-of-terrace house, located in the heart of Kings Lynn, offers great potential and flexibility. As you enter through the front door, you are welcomed into a spacious hallway that leads directly into a generous-sized lounge, perfect for relaxing or entertaining. The lounge flows through to a kitchen/diner, offering a practical layout for family meals and everyday living. Off the kitchen/diner, you'll find a convenient downstairs cloakroom, ideal for guests and family alike.

Upstairs, the property features three well-proportioned bedrooms and a family bathroom, providing ample space for a growing family or those looking for extra room.

To the rear of the property, there is an extensive garden offering plenty of outdoor space for gardening.

The property is being sold with no onward chain, making it a fantastic opportunity for anyone looking to move quickly. This house offers a perfect blank canvas for those looking to add their personal touch and create a home to suit their tastes and lifestyle. Ideal for first-time buyers, investors, or anyone seeking a project, this is a must-see property.

Key Features:

Three bedrooms
Spacious lounge
Kitchen/diner
Downstairs cloakroom
Extensive rear garden
No onward chain
Blank canvas for personalisation
Contact us today to arrange a viewing and explore the potential this property has to offer!

Agent Details

Abbotts, Kings Lynn

01553 603463

Next Steps?

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