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2 Bed Semi-Detached House, Single Let, King's Lynn, PE30 5QT, £100,000

32 Guanock Terrace, King's Lynn PE30 5QT - 2 months ago

Auction
BTL
ROI: 6%
60 m²
+4 photos

ValuationUndervalued

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

 

 

Square Metres

60 m²
Price/m²£1.7K/m²

Value Estimate

£117,568
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,500

Total Cash In

£29,500

 

 

Cash Out

 

Rent Range

£625 - £975

Rent Estimate

£647

Running Costs/mo

£462

Cashflow/mo

£185

Cashflow/yr

£2,221

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £80K to £270K, average is £146.3K. £1.1K/m² to £3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£142K11/230.02 mi17, Guanock Terrace, King's Lynn, Norfolk PE30 5QT2
£147.5K05/230.02 mi33, Guanock Terrace, King's Lynn, Norfolk PE30 5QT2
£180K10/230.02 mi6, Guanock Terrace, King's Lynn, Norfolk PE30 5QT2
£125K11/210.04 mi38, London Road, King's Lynn, Norfolk PE30 5QE2
£130K05/230.05 mi13, Edward Street, King's Lynn, Norfolk PE30 5QS2
£172K01/230.06 mi6, William Street, King's Lynn, Norfolk PE30 5QW2
£223.7K12/230.08 mi14, York Road, King's Lynn, Norfolk PE30 5RB2
£130K02/210.11 mi10, William Street, King's Lynn, Norfolk PE30 5QW2
£150K06/230.12 mi27, Checker Street, King's Lynn, Norfolk PE30 5AS2
£143K08/210.12 mi62, Checker Street, King's Lynn, Norfolk PE30 5AS2
£163K03/230.12 mi13, South Everard Street, King's Lynn, Norfolk PE30 5HJ2
£168.5K11/230.12 mi37, South Everard Street, King's Lynn, Norfolk PE30 5HJ2
£107K12/200.14 mi17, Valingers Road, King's Lynn, Norfolk PE30 5HD2
£108K02/210.14 mi18, Valingers Road, King's Lynn, Norfolk PE30 5HD2
£139.5K12/210.14 mi19a, Valingers Road, King's Lynn, Norfolk PE30 5HD2
£180K12/230.16 mi22, Beech Road, King's Lynn, Norfolk PE30 5BD2
£160K05/210.18 mi40, Extons Gardens, King's Lynn, Norfolk PE30 5PF2
£168K02/210.18 mi32, Extons Road, King's Lynn, Norfolk PE30 5PG2
£175K11/230.18 mi24, Extons Road, King's Lynn, Norfolk PE30 5PG2
£134K05/210.2 mi8, Gladstone Road, King's Lynn, Norfolk PE30 5AL2
£145K08/230.2 mi8, Gladstone Road, King's Lynn, Norfolk PE30 5AL2
£120K11/200.2 mi3, Gladstone Road, King's Lynn, Norfolk PE30 5AL2
£192.5K06/230.23 mi5, Church Lane, King's Lynn, Norfolk PE30 5AE2
£174K04/210.26 mi7, Whitefriars Terrace, King's Lynn, Norfolk PE30 5AQ2
£165.2K09/230.26 mi3, Whitefriars Terrace, King's Lynn, Norfolk PE30 5AQ2
£160K02/210.3 mi26, County Court Road, King's Lynn, Norfolk PE30 5EJ2
£134K11/210.34 mi6, Wisbech Road, King's Lynn, Norfolk PE30 5JN2
£155K11/200.35 mi5, Tower Place, King's Lynn, Norfolk PE30 5DF2
£135K12/220.36 mi33, Diamond Street, King's Lynn, Norfolk PE30 5LX2
£120K12/230.41 mi78, Tennyson Road, King's Lynn, Norfolk PE30 5NG2
£90K03/210.42 mi19, Wisbech Road, King's Lynn, Norfolk PE30 5JP2
£169.5K04/210.43 mi20, Priory Lane, King's Lynn, Norfolk PE30 5DU2
£97K02/210.43 mi4, Langham Street, King's Lynn, Norfolk PE30 5LT2
£170K03/210.46 mi30, Kings Avenue, King's Lynn, Norfolk PE30 5NS2
£180K09/210.46 mi46, Kings Avenue, King's Lynn, Norfolk PE30 5NS2
£165K03/210.46 mi25, Kings Avenue, King's Lynn, Norfolk PE30 5NS2
£165K03/210.46 mi25, Kings Avenue, King's Lynn, Norfolk PE30 5NS2
£130K09/230.47 mi44, Portland Place, King's Lynn, Norfolk PE30 5NA2
£103K02/210.47 mi22, Portland Place, King's Lynn, Norfolk PE30 5NA2
£90K01/240.47 mi30a, Kitchener Street, King's Lynn, Norfolk PE30 5BJ2
£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
£140K06/230.53 mi10, Queens Avenue, King's Lynn, Norfolk PE30 5LR2
£145K11/210.55 mi21, The Portway, King's Lynn, Norfolk PE30 5GB2
£105K08/210.55 mi36, The Portway, South Lynn, King's Lynn, Norfolk PE30 5GB2
£270K07/230.59 mi64, King George V Avenue, King's Lynn, Norfolk PE30 2QE2
£118K08/210.65 mi131, Austin Street, King's Lynn, Norfolk PE30 1QH2
£170K01/240.66 mi15, Albert Avenue, King's Lynn, Norfolk PE30 1EE2
£185K02/230.69 mi6, Eagle Yard, King's Lynn, Norfolk PE30 1RG2

Local Rents

48 rents from £625/mo to £975/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£95007/240.01 miGuanock Terrace, King's Lynn, PE302
£85006/240.03 miKing's Lynn2
£80006/240.05 miThomas Street, Kings Lynn2
£75006/240.05 mi-2
£92507/240.08 miKing's Lynn2
£76003/250.08 mi-2
£76002/250.09 mi-2
£95007/240.11 miGraham Street, King's Lynn2
£75006/240.11 miNorth Everard Street, King's Lynn, PE302
£89506/240.12 miChecker Street, King's Lynn, PE302
£78006/240.12 mi-2
£80008/240.14 miChecker Street, King's Lynn2
£87508/240.15 miRussell Street, King's Lynn2
£62506/240.15 mi46 South Everard Street, King's Lynn, Norfolk, PE302
£80006/240.17 miFriars Street, KING'S LYNN2
£82506/240.18 miBirch Tree Close, Kings Lynn2
£85007/240.18 miFriars Street, King's Lynn2
£65006/240.19 miLondon Road, Kings Lynn, Norfolk, PE302
£82509/240.19 miWalks View Court, Birch Tree Close, Kings Lynn2
£80006/240.2 miGladstone Road, KING'S LYNN2
£85006/240.27 miAll Saints Street, KING'S LYNN2
£67508/240.29 miFriars Walk, KING'S LYNN2
£79506/240.3 miKing's Lynn2
£85009/240.3 miBransby Close, King's Lynn.2
£75009/230.34 mi-2
£75004/250.34 mi-2
£75006/240.35 miStonegate Street, KING'S LYNN2
£85012/240.35 mi-2
£82506/240.39 miDiamond Terrace, KING'S LYNN2
£72506/240.42 miBlackfriars Road, King's Lynn, PE302
£65007/240.42 miKingslynn, PE302
£62507/240.42 miKingslynn, PE302
£85008/240.42 miTennyson Road, King's Lynn, PE302
£92506/240.44 miDragonfly Way, King's Lynn, PE302
£89503/240.45 mi-2
£89506/240.45 miWaterloo Street, Kings Lynn, PE302
£85001/250.46 mi-2
£85003/250.46 mi-2
£85004/250.46 mi-2
£77506/240.46 miWaterloo Street, King's Lynn2
£85006/240.47 miOld Market Street, King's Lynn2
£75009/230.47 mi-2
£75001/250.48 mi-2
£79506/240.49 mi5 Portland Street, King's Lynn, PE302
£75006/240.53 miSwiss Terrace, KING'S LYNN, PE302
£97503/240.54 miDragonfly Way, King's Lynn, Norfolk, PE30 5GR2
£80006/240.55 miBaker Lane - Kings Lynn2
£81008/240.56 miKing's Lynn2

Links

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.91 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Price changed to £100,000

March 16, 2025

Listed for £110,000

February 27, 2025

Floor Plans

Description

  • Semi-detached house +
  • Two bedrooms +
  • Two reception rooms +
  • Vacant possession +
  • Recently re-carpeted +
  • Guide price: £110,000 +
  • For sale by online livestream auction +
  • Unless previously sold or withdrawn prior +
  • 11:00am - Wednesday, 26th March 2025 +

FOR SALE BY LIVESTREAM ONLINE AUCTION - 11:00AM, WEDNESDAY, 26 MARCH 2025

TO REGISTER FOR LEGAL PACK AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A two bedroom semi-detached house near to Kings Lynn town centre This two bedroom semi-detached house is conveniently located near to Kings Lynn town centre and railway station.

The property has recently been re-carpeted and benefits from gas fired central heating. The accommodation briefly comprises lounge, dining room and kitchen to the ground floor with two bedrooms and bathroom on the first floor. Outside is a rear courtyard garden.

King's Lynn town centre has a wide range of amenities including shops, schools and leisure facilities. There is a main line station with rail links to Ely, Cambridge and London's Kings Cross Station. Ground Floor Lounge, dining room, kitchen
First Floor Two bedroom, bathroom
Outside Courtyard garden
Council Tax Band A Tenure: Freehold EPC Rating: D Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £1500 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, East Anglia

01603 361653

Next Steps?

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

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