2 Bed Terraced House, Single Let, King's Lynn, PE30 5QP, £90,000

17 Thomas Street, King's Lynn, Norfolk, PE30 5QP - 3 views - 3 months ago

BTL
ROI: 4%
60 m²
+13 photos

ValuationUndervalued

Sold Prices£80K - £270K
Sold Prices/m²£1.1K/m² - £3K/m²

 

 

Square Metres

60 m²
Price/m²£1.5K/m²

Value Estimate

£117,568

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,550

Total Cash In

£28,050

 

 

Cash Out

 

Rent Range

£625 - £975

Rent Estimate

£750

Running Costs/mo

£451

Cashflow/mo

£299

Cashflow/yr

£3,585

ROI

13%

Gross Yield

10%

Local Sold Prices

50 sold prices from £80K to £270K, average is £145K. £1.1K/m² to £3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£130K05/230.02 mi13, Edward Street, King's Lynn, Norfolk PE30 5QS2
£142K11/230.04 mi17, Guanock Terrace, King's Lynn, Norfolk PE30 5QT2
£147.5K05/230.04 mi33, Guanock Terrace, King's Lynn, Norfolk PE30 5QT2
£180K10/230.04 mi6, Guanock Terrace, King's Lynn, Norfolk PE30 5QT2
£223.7K12/230.04 mi14, York Road, King's Lynn, Norfolk PE30 5RB2
£172K01/230.04 mi6, William Street, King's Lynn, Norfolk PE30 5QW2
£130K02/210.07 mi10, William Street, King's Lynn, Norfolk PE30 5QW2
£125K11/210.09 mi38, London Road, King's Lynn, Norfolk PE30 5QE2
£180K12/230.13 mi22, Beech Road, King's Lynn, Norfolk PE30 5BD2
£150K06/230.14 mi27, Checker Street, King's Lynn, Norfolk PE30 5AS2
£143K08/210.14 mi62, Checker Street, King's Lynn, Norfolk PE30 5AS2
£163K03/230.16 mi13, South Everard Street, King's Lynn, Norfolk PE30 5HJ2
£168.5K11/230.16 mi37, South Everard Street, King's Lynn, Norfolk PE30 5HJ2
£160K05/210.17 mi40, Extons Gardens, King's Lynn, Norfolk PE30 5PF2
£107K12/200.18 mi17, Valingers Road, King's Lynn, Norfolk PE30 5HD2
£108K02/210.18 mi18, Valingers Road, King's Lynn, Norfolk PE30 5HD2
£139.5K12/210.18 mi19a, Valingers Road, King's Lynn, Norfolk PE30 5HD2
£168K02/210.19 mi32, Extons Road, King's Lynn, Norfolk PE30 5PG2
£175K11/230.19 mi24, Extons Road, King's Lynn, Norfolk PE30 5PG2
£134K05/210.22 mi8, Gladstone Road, King's Lynn, Norfolk PE30 5AL2
£145K08/230.22 mi8, Gladstone Road, King's Lynn, Norfolk PE30 5AL2
£120K11/200.22 mi3, Gladstone Road, King's Lynn, Norfolk PE30 5AL2
£192.5K06/230.27 mi5, Church Lane, King's Lynn, Norfolk PE30 5AE2
£174K04/210.29 mi7, Whitefriars Terrace, King's Lynn, Norfolk PE30 5AQ2
£165.2K09/230.29 mi3, Whitefriars Terrace, King's Lynn, Norfolk PE30 5AQ2
£160K10/200.3 mi15, Carmelite Terrace, King's Lynn, Norfolk PE30 5AF2
£134K11/210.33 mi6, Wisbech Road, King's Lynn, Norfolk PE30 5JN2
£160K02/210.34 mi26, County Court Road, King's Lynn, Norfolk PE30 5EJ2
£135K12/220.35 mi33, Diamond Street, King's Lynn, Norfolk PE30 5LX2
£155K11/200.39 mi5, Tower Place, King's Lynn, Norfolk PE30 5DF2
£90K03/210.41 mi19, Wisbech Road, King's Lynn, Norfolk PE30 5JP2
£120K12/230.42 mi78, Tennyson Road, King's Lynn, Norfolk PE30 5NG2
£97K02/210.43 mi4, Langham Street, King's Lynn, Norfolk PE30 5LT2
£170K03/210.44 mi30, Kings Avenue, King's Lynn, Norfolk PE30 5NS2
£180K09/210.44 mi46, Kings Avenue, King's Lynn, Norfolk PE30 5NS2
£165K03/210.44 mi25, Kings Avenue, King's Lynn, Norfolk PE30 5NS2
£165K03/210.44 mi25, Kings Avenue, King's Lynn, Norfolk PE30 5NS2
£90K01/240.45 mi30a, Kitchener Street, King's Lynn, Norfolk PE30 5BJ2
£130K09/230.46 mi44, Portland Place, King's Lynn, Norfolk PE30 5NA2
£103K02/210.46 mi22, Portland Place, King's Lynn, Norfolk PE30 5NA2
£169.5K04/210.47 mi20, Priory Lane, King's Lynn, Norfolk PE30 5DU2
£80K03/230.48 mi13, Ouse Avenue, King's Lynn, Norfolk PE30 5LS2
£155K09/210.52 mi37, Queens Avenue, King's Lynn, Norfolk PE30 5LR2
£145K08/210.52 mi12, Queens Avenue, King's Lynn, Norfolk PE30 5LR2
£140K06/230.52 mi10, Queens Avenue, King's Lynn, Norfolk PE30 5LR2
£145K11/210.53 mi21, The Portway, King's Lynn, Norfolk PE30 5GB2
£105K08/210.53 mi36, The Portway, South Lynn, King's Lynn, Norfolk PE30 5GB2
£270K07/230.6 mi64, King George V Avenue, King's Lynn, Norfolk PE30 2QE2
£118K08/210.69 mi131, Austin Street, King's Lynn, Norfolk PE30 1QH2
£122.5K11/200.69 mi203, Saddlebow Road, King's Lynn, Norfolk PE30 5BW2

Local Rents

48 rents from £625/mo to £975/mo, average is £818/mo.

RentDateDistanceAddressBeds 
£80006/240.01 miThomas Street, Kings Lynn2
£85006/240.02 miKing's Lynn2
£92507/240.04 miKing's Lynn2
£95007/240.04 miGuanock Terrace, King's Lynn, PE302
£75006/240.09 mi-2
£95007/240.12 miGraham Street, King's Lynn2
£76003/250.12 mi-2
£76002/250.12 mi-2
£89506/240.14 miChecker Street, King's Lynn, PE302
£75006/240.15 miNorth Everard Street, King's Lynn, PE302
£87508/240.16 miRussell Street, King's Lynn2
£78006/240.17 mi-2
£80008/240.17 miChecker Street, King's Lynn2
£62506/240.19 mi46 South Everard Street, King's Lynn, Norfolk, PE302
£80006/240.19 miFriars Street, KING'S LYNN2
£85007/240.21 miFriars Street, King's Lynn2
£82506/240.21 miBirch Tree Close, Kings Lynn2
£80006/240.22 miGladstone Road, KING'S LYNN2
£65006/240.23 miLondon Road, Kings Lynn, Norfolk, PE302
£82509/240.23 miWalks View Court, Birch Tree Close, Kings Lynn2
£85006/240.31 miAll Saints Street, KING'S LYNN2
£79506/240.31 miKing's Lynn2
£85009/240.31 miBransby Close, King's Lynn.2
£67508/240.32 miFriars Walk, KING'S LYNN2
£75009/230.33 mi-2
£82506/240.39 miDiamond Terrace, KING'S LYNN2
£75006/240.39 miStonegate Street, KING'S LYNN2
£85004/250.39 mi-2
£92506/240.42 miDragonfly Way, King's Lynn, PE302
£85008/240.43 miTennyson Road, King's Lynn, PE302
£85002/250.46 mi-2
£85003/250.46 mi-2
£85003/250.46 mi-2
£72506/240.46 miBlackfriars Road, King's Lynn, PE302
£65007/240.46 miKingslynn, PE302
£62507/240.46 miKingslynn, PE302
£89503/240.49 mi-2
£89506/240.49 miWaterloo Street, Kings Lynn, PE302
£77506/240.5 miWaterloo Street, King's Lynn2
£85006/240.51 miOld Market Street, King's Lynn2
£75009/230.51 mi-2
£97503/240.51 miDragonfly Way, King's Lynn, Norfolk, PE30 5GR2
£75001/250.52 mi-2
£79506/240.53 mi5 Portland Street, King's Lynn, PE302
£75006/240.55 miSwiss Terrace, KING'S LYNN, PE302
£92506/240.57 miHoney Bee Lane, King's Lynn, PE302
£92508/240.57 miHoney Bee Lane, King's Lynn, PE302
£81008/240.59 miKing's Lynn2

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.92 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Price changed to £90,000

February 20, 2025

Listed for £145,000

January 3, 2025

Sold for £36,500

1999

Floor Plans

Description

  • CONTACT BRITTONS ESTATE AGENTS TO VIEW +
  • LOUNGE +
  • KITCHEN/DINER +
  • BATHROOM +
  • TWO BEDROOMS +
  • FRONT GARDEN & REAR COURTYARD +
  • CLOSE TO TOWN CENTRE +
  • OPPORTUNITY FOR FIRST TIME BUYERS +

Nestled on the charming Thomas Street in Kings Lynn, this delightful two-bedroom terraced house offers a perfect blend of comfort and convenience. The property features a kitchen/dining room and a cosy lounge, ideal for both relaxation and entertaining guests. The two bedrooms provide ample space for rest, while the bathroom is conveniently located to serve the household. One of the standout features of this home is the lovely courtyard garden, which presents a wonderful opportunity for outdoor enjoyment, whether it be for a little gardening, al fresco dining, peace and quiet or simply soaking up the sun. Situated in a quiet location, this property enjoys a peaceful atmosphere, making it an ideal retreat from the hustle and bustle of daily life. Despite its tranquil setting, it remains close to the local town, schools and parks ensuring that shops, amenities, and transport links are easily accessible. This charming terraced house is perfect for first-time buyers, small families, or those looking to downsize, offering a wonderful opportunity to create a warm and inviting home in a sought-after area. Don’t miss the chance to make this lovely property your own.

TWO BEDROOM MID TERRACED HOUSE WITH COURTYARD GARDEN CLOSE TO TOWN CENTRE.

Lounge - 3.84m x 3.53m (12'7 x 11'7) - Fireplace with surrounding, Build in storage cupboard, Fitted carpet, Double Radiator and window to front aspect.

Kitchen/Diner - 6.02m max x 2.64m max (19'9 max x 8'8 max) - Range of wall, base and drawer units with worktops over. Electric oven and gas hob. Space for washing machine and fridge. Tiled flooring. Two Double radiators, Window and door to rear aspect, Two storage cupboards and Airing cupboard.

Bathroom - 2.41m x 1.70m (7'11 x 5'7) - Three piece suite comprising bath with electric shower over, wash hand basin and W.C, Vinyl flooring. Double radiator. Window to rear aspect.

Master Bedroom - 3.51m x 3.48m (11'6 x 11'5) - Fitted carpet, Double radiator, Window to front aspect with beautiful ornamental fireplace.

Bedroom Two - 2.92m x 2.36m (9'7 x 7'9) - Fitted carpet, Double radiator, Window to rear aspect and boiler cupboard.

Front Garden - Wooden fence at front with gate. Decorative gravel and pathway leading to front door.

Rear Courtyard - Enclosed and private. Mainly laid to patio with gravel surrounding.

UPVC DOUBLE GLAZING
GAS CENTRAL HEATING

Agent Details

Brittons Estate Agents, King's Lynn

01553 603616

Next Steps?

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