2 Bed Terraced House, Planning Permission, King's Lynn, PE30 4XF, £159,995

Kirstead, King's Lynn, PE30 4XF - 2 months ago

Planning
ROI: 3%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£107.5K - £300K
Sold Prices/m²£1.7K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£189,978
BMV19%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,999

Stamp Duty & Legal Fees

£6,000

Total Cash In

£45,999

 

 

Cash Out

 

Rent Range

£695 - £950

Rent Estimate

£780

Running Costs/mo

£676

Cashflow/mo

£104

Cashflow/yr

£1,248

ROI

3%

Gross Yield

6%

Local Sold Prices

39 sold prices from £107.5K to £300K, average is £175K. £1.7K/m² to £3.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£182.5K09/230.1 mi26, Garwood Close, King's Lynn, Norfolk PE30 4UP2
£168K03/210.1 mi6, Garwood Close, King's Lynn, Norfolk PE30 4UP2
£158K10/230.11 mi2, Wingfield, King's Lynn, Norfolk PE30 4XG2
£160K11/210.12 mi6, Margaret Rose Close, King's Lynn, Norfolk PE30 4UN2
£225K01/230.12 mi3, Margaret Rose Close, King's Lynn, Norfolk PE30 4UN2
£172K08/210.12 mi18, Margaret Rose Close, King's Lynn, Norfolk PE30 4UN2
£146K11/200.12 mi11, Margaret Rose Close, King's Lynn, Norfolk PE30 4UN2
£200K05/210.18 mi49, Burch Close, King's Lynn, Norfolk PE30 4UJ2
£191K06/230.26 mi8, Wallace Close, King's Lynn, Norfolk PE30 4GD2
£155K11/200.26 mi8, Wallace Close, King's Lynn, Norfolk PE30 4GD2
£185K04/230.26 mi7, Wallace Close, King's Lynn, Norfolk PE30 4GD2
£158.5K10/200.27 mi7, Winston Churchill Drive, King's Lynn, Norfolk PE30 4YQ2
£137.5K06/210.29 mi15, Weedon Way, King's Lynn, Norfolk PE30 4YY2
£195K02/210.29 mi20, Weedon Way, King's Lynn, Norfolk PE30 4YY2
£180K04/230.29 mi27, Weedon Way, King's Lynn, Norfolk PE30 4YY2
£184K11/230.32 mi1, Glaven, King's Lynn, Norfolk PE30 4XL2
£175K01/240.32 mi25, Glaven, King's Lynn, Norfolk PE30 4XL2
£190K11/230.36 mi14, Sawston, King's Lynn, Norfolk PE30 4XT2
£207.5K07/230.37 mi22, Horton Road, King's Lynn, Norfolk PE30 4XU2
£183K06/210.42 mi17, Peterscourt, King's Lynn, Norfolk PE30 4XZ2
£107.5K09/230.46 mi5, Old South, King's Lynn, Norfolk PE30 4RN2
£181K03/230.52 mi26, Beechan Drive, King's Lynn, Norfolk PE30 4GX2
£159.3K04/210.57 mi23, Seaman Drive, King's Lynn, Norfolk PE30 4GP2
£155K01/210.6 mi151, Elvington, King's Lynn, Norfolk PE30 4UX2
£185K04/240.6 mi130, Elvington, King's Lynn, Norfolk PE30 4UX2
£196K07/230.63 mi79, Regency Avenue, King's Lynn, Norfolk PE30 4UH2
£169.5K09/230.65 mi137, Fred Ackland Drive, King's Lynn, Norfolk PE30 4GR2
£235K07/230.67 mi51, Kensington Road, King's Lynn, Norfolk PE30 4AS2
£175K03/240.68 mi7, Lancaster Road, Gaywood, King's Lynn, Norfolk PE30 4PB2
£133K08/210.71 mi17, Raleigh Road, Gaywood, King's Lynn, Norfolk PE30 4PD2
£192.5K04/240.8 mi4, Gaywood Hall Drive, Gaywood, King's Lynn, Norfolk PE30 4ED2
£170K03/210.81 mi9, Barnwell Road, Gaywood, King's Lynn, Norfolk PE30 4DQ2
£175K08/210.84 mi28, Edinburgh Avenue, Gaywood, King's Lynn, Norfolk PE30 4DG2
£176K01/230.85 mi4a, Bishops Road, Gaywood, King's Lynn, Norfolk PE30 4NS2
£165K02/210.93 mi11, Lavender Road, King's Lynn, Norfolk PE30 4HA2
£148K10/210.97 mi48, Wootton Road, King's Lynn, Norfolk PE30 4EX2
£300K03/210.97 mi58a, Wootton Road, King's Lynn, Norfolk PE30 4EX2
£155K01/230.99 mi10, Colney Court, King's Lynn, Norfolk PE30 3UY2
£130K05/240.99 mi11, Colney Court, King's Lynn, Norfolk PE30 3UY2

Local Rents

19 rents from £695/mo to £950/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£87506/240.06 miBarrett Close, King's Lynn, PE302
£87506/240.06 miBarrett Close, King's Lynn, PE302
£87506/240.13 miCorbyn Shaw Road, King's Lynn, PE302
£90008/240.13 miCorbyn Shaw Road - Kings Lynn2
£69506/240.14 miKeswick, KINGS LYNN, King's Lynn, PE302
£95006/240.22 miHickling, Kings Lynn2
£92507/240.26 miWoodbridge Way, King's Lynn, PE302
£82508/240.31 miBayfield Close, KING'S LYNN2
£77506/240.34 miTelford Close, KING'S LYNN2
£87506/240.38 miElvington, KING'S LYNN2
£85006/240.46 miTasburgh Close, Kings Lynn,2
£85009/240.46 miKing's Lynn2
£80008/240.5 miOld South, King's Lynn2
£79507/240.54 miButterwick, King's Lynn2
£85006/240.58 miSavage Close, King's Lynn.2
£75006/240.58 miSavage Close - King's lynn2
£85006/240.6 miElvington, SPRINGWOOD, PE302
£85006/240.6 miElvington, KING'S LYNN2
£89507/240.6 miKings Lynn2

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

1.04 miles away

Nearest school

0.20 miles away

Nearest train station

1.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £159,995

February 20, 2025

Floor Plans

Description

  • End of Terrace House +
  • Two Double Bedrooms +
  • Bright and Airy Accommodation +
  • No Onward Chain +
  • Sought After Location - Close to Hospital +
  • Ideal First Home +
  • Potential to Improve +
  • Front and Rear Gardens +
  • Kitchen/Dining Room +
  • Council Tax Band - A +

A stone's throw from the Queen Elizabeth hospital, this bright and airy, two double bedroom end of terrace home finds itself in one of the most sought after parts of King's Lynn. Ready for you to personalize and make your own, the property would make an ideal first home with it's impressive room proportions and fantastic potential. Offered to the market with market with no onward chain, the property impresses at every turn. You are welcomed into the home by a stunning entrance hall, stretching to over 23ft in length it makes quite a first impression. The ground floor consists of a bright and airy living space, a generous kitchen/dining room that would be ideal for any home cook, ready for you to turn it into the kitchen you've always dreamed of. Downstairs you'll also find a handy cloak room. Upstairs, the property continues to impress. The landing leads you into both of the large double bedrooms, for those that need an extra room, there is the potential (subject to planning permission and building regulations) to adapt the front bedroom to add a home office, dressing room or maybe even a nursery. Completing the accommodation is the bathroom and a separate W.C. Just like inside, the gardens, both front and rear, offer potential for you to make them your own. Turn the rear garden into your own little paradise, somewhere private to entertain, dine with friends, or simply sit back, relax and watch the clouds go by.

Agent Details

Russen & Turner, Kings Lynn

01553 603361

Next Steps?

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