3 Bed Bungalow, Planning Permission, King's Lynn, PE34 3BN, £365,000

High Road, Tilney Cum Islington, PE34 3BN - 3 months ago

Planning
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£150K - £435K
Sold Prices/m²£2K/m² - £7.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.9K/m²

Value Estimate

£249,722

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£25,200

Total Cash In

£116,450

 

 

Cash Out

 

Rent Range

£800 - £1,950

Rent Estimate

£943

Running Costs/mo

£1,349

Cashflow/mo

£-406

Cashflow/yr

£-4,875

Gross Yield

3%

Local Sold Prices

36 sold prices from £150K to £435K, average is £248.8K. £2K/m² to £7.6K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£237.5K12/220.08 mi82, High Road, Tilney Cum Islington, King's Lynn, Norfolk PE34 3BN3
£280K04/210.66 mi5, Sluice Road, Wiggenhall St Mary The Virgin, King's Lynn, Norfolk PE34 3EQ3
£224K06/231.07 mi25, Lewis Drive, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3FB3
£220K09/221.07 mi23, Lewis Drive, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3FB3
£215K11/221.09 mi21, Lewis Drive, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3FB3
£217.5K11/231.17 mi6, Garden Road, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3DT3
£260K06/231.19 mi7, Orchard Road, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3DS3
£435K04/241.2 mi37, Fitton Road, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3AU3
£242.5K09/211.2 mi23, Fitton Road, St Germans, King's Lynn, Norfolk PE34 3AU3
£155K04/211.2 mi33, Fitton Road, St Germans, King's Lynn, Norfolk PE34 3AU3
£295K01/211.2 mi14, Fitton Road, St Germans, King's Lynn, Norfolk PE34 3AU3
£285K07/241.2 mi38, Fitton Road, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3AU3
£230K03/211.2 mi4, Orchard Road, St Germans, King's Lynn, Norfolk PE34 3DS3
£230K05/231.3 mi2, Turrell Close, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3FJ3
£240K03/231.4 miRiverside Cottage, Lynn Road, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3EU3
£180.5K02/221.43 miClematis Cottage, Surrey Street, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3EX3
£300K09/231.45 mi2, Spice Chase, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RD3
£280K01/211.49 mi40, Lynn Road, St Germans, King's Lynn, Norfolk PE34 3EY3
£260K10/221.52 mi38, Lynn Road, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3EY3
£297K03/211.59 miBarley Twist, 1, St Peters Road, Wiggenhall St Germans, King's Lynn, Norfolk PE34 3HB3
£387K01/231.69 mi31, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QY3
£360K01/211.69 mi31, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QY3
£267K12/211.71 mi141, Church Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QG3
£330K10/221.74 mi39, School Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QZ3
£260K12/221.76 mi23, St Johns Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QJ3
£170K12/201.78 mi35, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ3
£150K01/211.78 mi31, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ3
£170K06/211.78 mi33, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ3
£193.5K03/231.78 mi41, Aylmer Drive, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RQ3
£290K10/201.82 mi41, St Johns Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QJ3
£255K01/211.83 mi30, St Johns Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QL3
£273K09/211.83 mi32, St Johns Road, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QL3
£171.5K01/211.84 mi7, Punsfer Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RJ3
£205K07/231.84 mi9, Punsfer Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RJ3
£210K12/221.84 mi18, Punsfer Way, Tilney St Lawrence, King's Lynn, Norfolk PE34 4RJ3
£290K11/221.94 mi25, Westfields Close, Tilney St Lawrence, King's Lynn, Norfolk PE34 4QW3

Local Rents

11 rents from £800/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05006/241.05 miFoxglove Walk, Wiggenhall St Germans, PE343
£1,60006/241.13 miTilney All Saints3
£1,05006/241.3 miTurrell Close, Wiggenhall St. Germans.3
£1,00006/241.49 miLynn Road, Wiggenhall St. Germans, King's Lynn3
£1,00006/241.61 miOrchard Close, Tilney St. Lawrence, KING'S LYNN3
£80006/241.63 miMagdalen Road, PE342
£1,55006/241.63 miTilney St Lawrence4
£1,25006/241.63 miTilney St Lawrence3
£99506/241.64 miTilney St Lawrence, King's Lynn, PE342
£1,95006/242.13 miGorboulds Farm4
£92512/242.26 mi-3

Local Area Statistics

Population in PE34

13,973

Population in King's Lynn

108,995

Town centre distance

5.59 miles away

Nearest school

1.20 miles away

Nearest train station

2.86 miles away

 

 

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £365,000

February 8, 2025

Listed for £375,000

January 9, 2025

Floor Plans

Description

  • Detached Bungalow +
  • Three Double Bedrooms +
  • Rural Setting - Stunning Field Views +
  • Superb Room Proportions Throughout +
  • Modern Kitchen/Dining Room +
  • Potential to Extend +
  • Generous Plot - 1/3 of an Acre (STMS) +
  • Stunning Family Home +
  • Council Tax Band - D +
  • Versatile Accommodation +

Nestled in the picturesque village of Tilney Cum Islington in Norfolk, Honeycroft bungalow is more than just a home—it's an opportunity to embrace countryside living with a sprinkle of potential and charm. Set on a third of an acre of open garden making it ideal for extending or adding an annexe for multi-generational living, the property boasts stunning open field views, perfect for daydreaming or convincing yourself you’ve finally escaped the hustle and bustle. Inside, the bungalow features three spacious bedrooms, with the exciting opportunity to convert it into five bedrooms—because who doesn’t need more room for visiting family or your ever-growing collection of hobbies? Two of the bedrooms offer the potential for ensuite shower rooms, which would spell the end of squabbles over bathroom time. Speaking of bathrooms, the large family bathroom is ready to meet all your modern-day needs, while the spacious, bright lounge is perfect for kicking back or hosting those "one-drink-only" evenings that inevitably last until midnight. The kitchen and breakfast room steals the show with field views that are so stunning, you might actually enjoy waking up early to catch the sunrise with your coffee. With outstanding potential for further improvement, this bungalow is a canvas for your dreams (and possibly your Pinterest boards). And here’s the kicker—planning permission to extend (Ref: 14/00695/F) is already in place. So whether you’re planning to create your dream space or just need somewhere bigger to store your collection of wellies, this bungalow has you covered. It's charming, it's flexible, and it’s waiting for someone to make it their own countryside escape!

Please note - There is some minor cosmetic finishing to be done and there are, as yet no ensuite fittings but this provides an opportunity to put your own stamp on this substantial family home.

Agent Details

Russen & Turner, Kings Lynn

01553 603361

Next Steps?

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