3 Bed Terraced House, Refurb/BRRR, King's Lynn, PE30 5NH, £125,000

Mount Street, King's Lynn, PE30 5NH - a month ago

Auction
Cash
Refurb/BRRR
ROI: 2%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£119K - £395K
Sold Prices/m²£992/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£127,500

 

 

End Value (After Refurb)

£206,999

Uplift in Value

+66%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£41,509

Bridging Loan Interest

£3,281

Total Cash In

£82,740

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£206,999

Agent Fees (1%)

£2,070

Bridging Loan

£93,750

Bridging Loan Interest

£3,281

Flip Profit

£28,439

Local Sold Prices

50 sold prices from £119K to £395K, average is £195K. £992/m² to £3.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£195K09/210 mi14, Mount Street, King's Lynn, Norfolk PE30 5NH3
£265K06/230 mi14, Mount Street, King's Lynn, Norfolk PE30 5NH3
£270K01/230.02 mi3, Park Avenue, King's Lynn, Norfolk PE30 5NJ3
£305K01/230.06 mi36, Park Avenue, King's Lynn, Norfolk PE30 5NJ3
£395K04/210.16 mi46, Extons Road, King's Lynn, Norfolk PE30 5NT3
£195K01/210.19 mi87, Tennyson Avenue, King's Lynn, Norfolk PE30 2QJ3
£220K09/230.19 mi107, Tennyson Avenue, King's Lynn, Norfolk PE30 2QJ3
£257.5K03/240.19 mi66, Tennyson Avenue, King's Lynn, Norfolk PE30 2QJ3
£148.8K01/230.19 mi129, Tennyson Avenue, King's Lynn, Norfolk PE30 2QJ3
£145K12/200.22 mi2, Yoxford Court, King's Lynn, Norfolk PE30 5PP3
£245K12/220.22 mi6, Yoxford Court, King's Lynn, Norfolk PE30 5PP3
£198K01/210.26 mi65, Milton Avenue, King's Lynn, Norfolk PE30 2QQ3
£310K03/210.27 mi37, Extons Gardens, King's Lynn, Norfolk PE30 5PF3
£188K11/200.28 mi14, Kings Avenue, King's Lynn, Norfolk PE30 5NS3
£145K07/210.29 mi50, Holcombe Avenue, King's Lynn, Norfolk PE30 5NY3
£197.5K06/210.29 mi59, Holcombe Avenue, King's Lynn, Norfolk PE30 5NY3
£230K02/240.29 mi49, Holcombe Avenue, King's Lynn, Norfolk PE30 5NY3
£215K08/210.29 mi22, Holcombe Avenue, King's Lynn, Norfolk PE30 5NY3
£170K03/210.29 mi44, Milton Avenue, King's Lynn, Norfolk PE30 2QH3
£249K05/230.29 mi44, Milton Avenue, King's Lynn, Norfolk PE30 2QH3
£315K05/240.3 mi36, Tennyson Avenue, King's Lynn, Norfolk PE30 2QG3
£225K03/210.34 mi9, King George V Avenue, King's Lynn, Norfolk PE30 2QD3
£190K05/230.36 mi45, Highgate, King's Lynn, Norfolk PE30 1PU3
£175K10/230.36 mi92, Highgate, King's Lynn, Norfolk PE30 1PU3
£170K05/210.38 mi28, Highgate, King's Lynn, Norfolk PE30 1PS3
£187.5K05/210.38 mi12, King John Avenue, King's Lynn, Norfolk PE30 4QA3
£206K04/210.38 mi84, King John Avenue, Gaywood, King's Lynn, Norfolk PE30 4QA3
£195K04/210.39 mi10, Guanock Terrace, King's Lynn, Norfolk PE30 5QT3
£178K12/200.4 mi46, Windsor Road, King's Lynn, Norfolk PE30 5PL3
£242K06/230.42 mi31, Pleasance Close, Gaywood, King's Lynn, Norfolk PE30 4NP3
£220K03/210.43 mi72, Sidney Street, King's Lynn, Norfolk PE30 5RF3
£192K11/200.43 mi43, Sidney Street, King's Lynn, Norfolk PE30 5RF3
£230K12/200.43 mi26, Sidney Street, King's Lynn, Norfolk PE30 5RF3
£174.9K12/200.43 mi17, York Road, King's Lynn, Norfolk PE30 5RB3
£140K12/230.44 mi23, Bagge Road, Gaywood, King's Lynn, Norfolk PE30 4NJ3
£150K06/230.44 mi25, Bagge Road, Gaywood, King's Lynn, Norfolk PE30 4NJ3
£150K04/210.45 mi81, Bagge Road, Gaywood, King's Lynn, Norfolk PE30 4NL3
£170K10/230.45 mi4, Guanock Terrace, King's Lynn, Norfolk PE30 5QT3
£360K03/210.46 mi147, Gaywood Road, King's Lynn, Norfolk PE30 2QA3
£163.8K01/240.47 mi108, London Road, King's Lynn, Norfolk PE30 5ES3
£180K11/200.47 mi23, Gaywood Road, King's Lynn, Norfolk PE30 2PR3
£207K05/230.47 mi8, Lynn Road, Gaywood, King's Lynn, Norfolk PE30 4PX3
£230K10/230.47 mi34, Queen Mary Road, Gaywood, King's Lynn, Norfolk PE30 4PZ3
£235K08/210.47 mi32, Queen Mary Road, Gaywood, King's Lynn, Norfolk PE30 4PZ3
£225K12/230.48 mi52, De Grey Road, Gaywood, King's Lynn, Norfolk PE30 4PH3
£175K05/230.48 mi5, De Grey Road, Gaywood, King's Lynn, Norfolk PE30 4PH3
£150K02/230.49 mi25, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£130K03/210.5 mi10, Valingers Road, King's Lynn, Norfolk PE30 5HD3
£140K03/210.5 mi5, Eastgate Street, King's Lynn, Norfolk PE30 1QX3
£119K10/210.51 mi16, Archdale Street, King's Lynn, Norfolk PE30 1QY3

Local Rents

22 rents from £750/mo to £1.2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£99506/240.19 miKing's Lynn 3
£1,05008/240.22 miExtons Place, Kings Lynn3
£1,10006/240.34 miKing George V Avenue, KING'S LYNN, PE303
£99509/240.35 miTennyson Avenue, King's Lynn, PE303
£1,10008/240.39 mi30 Low Road, King's Lynn, PE303
£1,10007/240.4 miWindsor Road, KING'S LYNN3
£82501/240.45 mi-3
£1,00006/240.45 miBlackfriars Road - Kings Lynn3
£1,10007/240.45 miBlackfriars Road - Kings Lynn3
£90006/240.49 miNorth Everard Street, Kings Lynn, Norfolk3
£1,10007/240.5 miLondon Road, King's Lynn3
£75007/230.5 mi-3
£75007/230.5 mi-3
£1,05006/240.58 miFriars Street, King's Lynn, PE303
£1,10006/240.58 mi-3
£1,10006/240.58 mi-3
£99511/240.59 mi-3
£1,20010/240.59 mi-3
£1,00006/240.61 miSt James Court, King's Lynn, PE303
£1,20008/240.61 miSt James Court, King's Lynn, PE303
£1,20006/240.61 miEthel Terrace, Kings Lynn3
£80007/240.61 miGladstone Road, King's Lynn, Norfolk3

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.48 miles away

Nearest school

0.40 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £125,000

February 20, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +

  • Subject to an undisclosed Reserve Price +

  • Buyers fees apply +

  • 3 Bed End Terrace House +

  • 3 Reception Rooms +

  • Off Road Parking & Garage +

  • Rear Garden +

  • No Onward Chain +

SUMMARY
Located in one of the most sought after area's in Kings Lynn, with 'The Walks' park right on your doorstep, is this end terrace, three bedroom character property. No onward chain. Viewing recommended! CASH BUYER ONLY.

DESCRIPTION
Being sold with no onward chain... William H Brown are delighted to offer to market this end terrace, three bedroom character property, located in one of the most sought after area's in Kings Lynn, the beautiful and historic 'Walks' park right on the doorstep and the town centre and railway station within walking distance. This property is in need of some renovating but is full of character, with original fireplace's and wood flooring. The accommodation boasts three double bedrooms, three receptions rooms, kitchen, bathroom and separate WC. Further to this, there is off road parking, a garage and rear garden.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall 

Lounge 

Dining Room 

Reception Room 

Kitchen 

Bedroom One 

Bedroom Two 

Bedroom Three 

Separate Toilet 

Bathroom 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, King's Lynn

01553 603650

Next Steps?

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