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2 Bed Flat, Single Let, King's Lynn, PE30 3DL, £80,000

90 Suffield Way, King's Lynn, Norfolk, PE30 3DL - 11 days ago

Leasehold
Auction
BTL
ROI: 17%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£55K - £295K
Sold Prices/m²£1.2K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£96,800
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£700 - £1,250

Rent Estimate

£775

Running Costs/mo

£425

Cashflow/mo

£350

Cashflow/yr

£4,200

ROI

17%

Gross Yield

12%

Local Sold Prices

44 sold prices from £55K to £295K, average is £114.3K. £1.2K/m² to £3.5K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£140K12/230.07 mi69a, Baldock Drive, King's Lynn, Norfolk PE30 3DQ2
£134.5K08/230.07 mi67, Baldock Drive, King's Lynn, Norfolk PE30 3DQ2
£127.5K12/220.45 mi3, Bridge Place, King's Lynn, Norfolk PE30 4WL2
£85K09/210.57 mi29, Lady Jane Grey Road, King's Lynn, Norfolk PE30 2NS2
£100K10/230.57 mi23, Lady Jane Grey Road, King's Lynn, Norfolk PE30 2NS2
£142K11/230.76 mi21, Tyrrell Crescent, South Wootton, King's Lynn, Norfolk PE30 3QL2
£150K10/220.76 mi25, Tyrrell Crescent, South Wootton, King's Lynn, Norfolk PE30 3QL2
£115K09/230.87 mi38, Lavender Court, Gaywood, King's Lynn, Norfolk PE30 4HL2
£55K02/230.87 mi24, Lavender Court, Gaywood, King's Lynn, Norfolk PE30 4HL2
£106K09/210.87 mi38, Lavender Court, King's Lynn, Norfolk PE30 4HL2
£70K07/210.87 mi23, Lavender Court, King's Lynn, Norfolk PE30 4HL2
£111K08/230.87 mi14, Lavender Court, Gaywood, King's Lynn, Norfolk PE30 4HL2
£107.5K11/200.87 mi5, Lavender Court, King's Lynn, Norfolk PE30 4HL2
£100K09/220.88 mi21, Lavender Court, Gaywood, King's Lynn, Norfolk PE30 4HL2
£111K01/231.13 mi17, Harewood Parade, King's Lynn, Norfolk PE30 2BT2
£110K12/221.16 mi11, Harecroft Gardens, King's Lynn, Norfolk PE30 2BY2
£72K02/211.17 mi19, Harecroft Gardens, King's Lynn, Norfolk PE30 2BY2
£106K11/221.27 mi1, Butterwick, King's Lynn, Norfolk PE30 4RF2
£113.6K06/231.3 mi64, Highgate, King's Lynn, Norfolk PE30 1PU2
£120K03/231.3 mi71, Highgate, King's Lynn, Norfolk PE30 1PU2
£90K05/211.32 miFlat 130, The Maltings, Swiss Terrace, King's Lynn, Norfolk PE30 2QS2
£111K10/221.32 miFlat 242, The Maltings, Swiss Terrace, King's Lynn, Norfolk PE30 2QS2
£80K02/211.38 mi30, Old South, King's Lynn, Norfolk PE30 4RN2
£80K04/211.38 mi29, Old South, King's Lynn, Norfolk PE30 4RN2
£110K10/221.39 mi23, Lowfield, King's Lynn, Norfolk PE30 4RH2
£130K10/231.46 miFlat 10, North Hirne Court, St Anns Street, King's Lynn, Norfolk PE30 1LT2
£107K06/211.58 miFlat 21, Macmillan Court, Telford Close, King's Lynn, Norfolk PE30 4TJ2
£130K01/231.58 mi26, Bransby Close, King's Lynn, Norfolk PE30 5RY2
£125K11/221.58 mi32, Bransby Close, King's Lynn, Norfolk PE30 5RY2
£113K11/231.59 miFlat 8, Churchill Court, Telford Close, King's Lynn, Norfolk PE30 4TZ2
£210K05/211.62 miFlat 46, Trinity Quay, Page Stair Lane, King's Lynn, Norfolk PE30 1NQ2
£104K11/201.66 mi44e, King Street, King's Lynn, Norfolk PE30 1ES2
£178K11/201.69 mi11, Old School Court, King's Lynn, Norfolk PE30 1DB2
£295K02/211.69 mi16, Old School Court, King's Lynn, Norfolk PE30 1DB2
£269K10/231.69 mi22, Old School Court, King's Lynn, Norfolk PE30 1DB2
£158.5K10/221.77 miFlat 6, Bellfosters, Kings Staithe Lane, King's Lynn, Norfolk PE30 1LZ2
£117.5K06/211.78 mi32, Beechan Drive, King's Lynn, Norfolk PE30 4GX2
£105K11/211.78 miFlat 13, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£120K01/231.8 miFlat 12, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£120K10/231.8 miFlat 22, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£122.5K05/231.8 miFlat 28, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£129.9K05/211.8 miFlat 6, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£125K12/201.8 miFlat 5, Three Crowns House, South Quay, King's Lynn, Norfolk PE30 5DT2
£121K12/231.92 mi133, St Peters Road, West Lynn, King's Lynn, Norfolk PE34 3JL2

Local Rents

36 rents from £700/mo to £1.3K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£85006/240.07 miBaldock Drive, KING'S LYNN2
£80007/240.07 miBaldock Drive, Amberley Grange, King's Lynn2
£89506/240.4 miKing's Lynn2
£92508/240.4 miKing's Lynn2
£72506/240.57 miLady Jane Grey Road, KING'S LYNN2
£85012/240.62 mi-2
£85006/240.64 miLady Jane Grey Road, King's Lynn, PE302
£85007/240.69 miBarnwell Road, King's Lynn, PE302
£89506/240.72 miNorth Star Court, King's Lynn, PE302
£85006/240.75 miElsing Drive, KING'S LYNN2
£1,25012/230.8 mi-2
£1,25001/250.8 mi-2
£1,25001/250.8 mi-2
£95007/240.82 miBlackford2
£87509/240.87 miChew Court, King's Lynn, PE302
£85004/240.87 mi-2
£85006/240.87 miElvington, KING'S LYNN2
£89507/240.87 miKings Lynn2
£85006/240.87 miElvington, SPRINGWOOD, PE302
£89507/240.88 miRainsthorpe2
£1,00007/240.88 miRiver Lane, Gaywood, King's Lynn, PE302
£1,20009/240.93 miLittle Walsingham Close, South Wootton, PE302
£70006/240.94 miThe Swan, Gaywood, Kings lynn2
£95007/240.98 miLangley Road, South Wootton, King's Lynn2
£97506/240.99 miCastleacre Close, South Wootton.2
£89506/241.01 miMannington Place, South Wootton, King's Lynn, PE302
£85006/241.04 miMill Houses, King's Lynn, PE302
£85008/241.04 miMill Houses, King's Lynn, PE302
£87506/241.1 miElvington, KING'S LYNN2
£95006/241.13 mi Tennyson Avenue, King's Lynn, King's Lynn, Pe302
£95006/241.15 miBede Close - North Wootton2
£77502/251.18 mi-2
£89509/241.21 miEagle Yard, Gaywood Road, King's Lynn, PE302
£80006/241.22 miCresswell Street, King's Lynn, PE302
£80006/241.22 mi-2
£80007/241.22 mi-2

Links

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

1.01 miles away

Nearest school

0.40 miles away

Nearest train station

1.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £80,000

March 7, 2025

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • IDEAL INVESTMENT +
  • TWO BEDROOMS +
  • LOUNGE +
  • KITCHEN +
  • BATHROOM +

TWO BEDROOM FIRST FLOOR FLAT

Welcome to Suffield Way, King's Lynn - a charming location for this delightful 2-bedroom flat.

Situated on the first floor, this property boasts a cosy atmosphere perfect for those seeking a comfortable living space.

With gas central heating, you can stay warm and snug during the colder months.

The communal parking ensures convenience for you and your guests.

Whether you're a first-time buyer, looking to downsize, or seeking an investment opportunity, this flat offers a versatile living space that can be tailored to your needs.

Don't miss out on the chance to make this property your own in the heart of King's Lynn.

GAS CENTRAL HEATING
DOUBLE GLAZING

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 65
Annual Ground Rent Amount: £25.00
Annual Service Charge Amount: £90.00

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 💪

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