3 Bed Terraced House, Single Let, King's Lynn, PE30 4SF, £100,000

Eastfields, King's Lynn, Norfolk, PE30 4SF - 2 views - 2 months ago

Auction
BTL
ROI: 11%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£123K - £260K
Sold Prices/m²£1.4K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£121,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£750 - £1,200

Rent Estimate

£759

Running Costs/mo

£484

Cashflow/mo

£275

Cashflow/yr

£3,296

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £123K to £260K, average is £170K. £1.4K/m² to £3.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£132K12/230.08 mi54, Kings Green, King's Lynn, Norfolk PE30 4SH3
£157K04/210.1 mi25, Kings Green, King's Lynn, Norfolk PE30 4SQ3
£135K11/230.13 mi24, Westfields, King's Lynn, Norfolk PE30 4SB3
£158K10/210.13 mi16, Woodside, King's Lynn, Norfolk PE30 4SD3
£145K12/200.13 mi13, Woodside, King's Lynn, Norfolk PE30 4SD3
£148.5K03/210.16 mi8, Brockley Green, King's Lynn, Norfolk PE30 4SE3
£178K01/240.17 mi5, Shire Green, King's Lynn, Norfolk PE30 4RZ3
£167.5K09/210.18 mi10, Higham Green, King's Lynn, Norfolk PE30 4RX3
£184K04/210.18 mi4, Seaman Drive, King's Lynn, Norfolk PE30 4GP3
£233.5K01/230.19 mi26, Monkton Way, King's Lynn, Norfolk PE30 4GS3
£160K02/210.19 mi4, Monkton Way, King's Lynn, Norfolk PE30 4GS3
£247K12/220.21 mi20, Raleigh Road, Gaywood, King's Lynn, Norfolk PE30 4PD3
£177K04/210.24 mi15, Lancaster Road, King's Lynn, Norfolk PE30 4PB3
£230K07/230.24 mi1, Lancaster Road, Gaywood, King's Lynn, Norfolk PE30 4PB3
£130K06/210.24 mi39, Middlewood, King's Lynn, Norfolk PE30 4RT3
£195K12/220.25 mi31, Middlewood, King's Lynn, Norfolk PE30 4RT3
£153K06/210.25 mi10, Old South, King's Lynn, Norfolk PE30 4RN3
£160K11/210.26 mi28, Pandora, King's Lynn, Norfolk PE30 4RW3
£142K09/210.26 mi33, Pandora, King's Lynn, Norfolk PE30 4RW3
£165K01/240.27 mi39, Parkway, Gaywood, King's Lynn, Norfolk PE30 4PE3
£149.9K03/210.28 mi23, Westmark, King's Lynn, Norfolk PE30 4RG3
£165.5K12/200.3 mi19, Parkway, King's Lynn, Norfolk PE30 4PA3
£195K09/210.31 mi4, Beechan Drive, King's Lynn, Norfolk PE30 4GX3
£165K11/210.34 mi22, Butterwick, King's Lynn, Norfolk PE30 4RF3
£165K06/230.35 mi41, Hawthorns, King's Lynn, Norfolk PE30 4SU3
£250K07/210.37 mi3, Wallace Close, King's Lynn, Norfolk PE30 4GD3
£170K09/210.38 mi15, Hall View Road, Gaywood, King's Lynn, Norfolk PE30 4NZ3
£170K12/220.38 mi30, Freiston, King's Lynn, Norfolk PE30 4RE3
£195K03/210.39 mi1b, Thurlin Road, King's Lynn, Norfolk PE30 4PG3
£165K11/210.39 mi17, Persimmon, King's Lynn, Norfolk PE30 4SS3
£146K10/200.39 mi15, Persimmon, King's Lynn, Norfolk PE30 4SS3
£172.1K02/240.39 mi24, Persimmon, King's Lynn, Norfolk PE30 4SS3
£135K05/210.4 mi38, Lindens, King's Lynn, Norfolk PE30 4SP3
£123K11/200.4 mi12, Lindens, King's Lynn, Norfolk PE30 4SP3
£170K09/230.4 mi4, Three Oaks, King's Lynn, Norfolk PE30 4QU3
£157K12/200.42 mi26, Bader Close, King's Lynn, Norfolk PE30 4GA3
£157K12/200.42 mi26, Bader Close, King's Lynn, Norfolk PE30 4GA3
£157K12/200.42 mi26, Bader Close, King's Lynn, Norfolk PE30 4GA3
£195K09/210.43 mi4, Weedon Way, King's Lynn, Norfolk PE30 4YY3
£204K03/240.45 mi32, Beaumont Way, King's Lynn, Norfolk PE30 4UB3
£200K02/230.46 mi21, Woodbridge Way, King's Lynn, Norfolk PE30 4YW3
£215K07/210.47 mi48, Bishops Road, King's Lynn, Norfolk PE30 4NU3
£219.5K12/220.48 mi50, Montgomery Way, King's Lynn, Norfolk PE30 4YP3
£260K11/230.5 mi8, Montgomery Way, King's Lynn, Norfolk PE30 4YH3
£185K11/210.51 mi42, Regency Avenue, King's Lynn, Norfolk PE30 4UF3
£235K03/230.51 mi20, Regency Avenue, King's Lynn, Norfolk PE30 4UF3
£225K04/240.51 mi13, Regency Avenue, King's Lynn, Norfolk PE30 4UF3
£205K02/230.51 mi5, Montgomery Way, King's Lynn, Norfolk PE30 4YH3
£205K02/210.53 mi70, Regency Avenue, King's Lynn, Norfolk PE30 4UH3
£187K08/210.53 mi68, Regency Avenue, King's Lynn, Norfolk PE30 4UH3

Local Rents

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

RentDateDistanceAddressBeds 
£1,05006/240.09 miFred Ackland Drive, KING'S LYNN3
£1,10006/240.11 miFred Ackland Drive, King's Lynn, PE303
£1,05006/240.12 mi-3
£1,05006/240.12 mi-3
£1,10002/240.17 mi-3
£1,15006/240.2 miSeaman Drive, King's Lynn, PE303
£1,15009/240.29 mi-3
£1,15008/240.29 miSavage Close, King's Lynn, PE303
£1,15008/240.29 miSavage Close, King's Lynn, PE30 4BG3
£1,05001/250.31 mi-3
£95006/240.33 miTasburgh Close, King's Lynn, PE303
£99508/240.33 miKings Lynn3
£1,00010/240.33 mi-3
£1,05006/240.34 miButterwick, Kings Lynn3
£1,05007/240.35 miTasburgh close, Kings Lynn3
£1,20002/250.35 mi-3
£1,20002/250.35 mi-3
£97512/240.36 mi-3
£77506/240.38 mi-3
£99509/230.39 mi-3
£75007/230.43 mi-3
£75007/230.43 mi-3
£85004/250.43 mi-3
£1,10007/240.45 miBeaumont Way, King's Lynn3
£1,09907/230.45 mi-3
£1,05006/240.51 miRegency Avenue, Kings Lynn3
£1,09006/240.54 miRegency Avenue, Kings Lynn, Norfolk, PE303
£1,10006/240.6 miKirstead, KING'S LYNN3

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.77 miles away

Nearest school

0.30 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £100,000

February 27, 2025

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • THREE BEDROOMS +
  • OPEN PLAN KITCHEN/DINING AREA +
  • LOUNGE +
  • BATHROOM +
  • DOWNSTAIRS CLOAKROOM +

THREE BEDROOM END TERRACED HOUSE IN NEED OF REFURBISHMENT WITH FRONT AND REAR GARDENS.
NO UPWARD CHAIN

Located close to the hospital in the area of Eastfields, King's Lynn, this three-bedroom end terraced house requires refurbishment throughout but presents an excellent investment opportunity.

Downstairs comprises of a kitchen/diner, lounge, and cloakroom.

The first floor contains three good size bedrooms and a family bathroom.

Outside offers front and rear gardens.

With its convenient location, this home is within easy reach of local amenities, schools, and transport links, making it an ideal choice.

Don't miss the chance to view this property and envision the possibilities it holds for you and your family.

Please note we have been advised that the property may be of non standard construction and therefore may be subject to limited lending for mortgage purposes. Buyers should make their own enquiries prior to bidding

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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