3 Bed Terraced House, Refurb/BRRR, King's Lynn, PE30 1QY, £125,000

Archdale Street, King's Lynn, PE30 1QY - 1 views - 13 days ago

Refurb/BRRR
ROI: 3%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£110K - £360K
Sold Prices/m²£1.2K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£128,750
BMV3%

 

 

End Value (After Refurb)

£171,134

Uplift in Value

+37%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Refurb Costs

£41,509

Bridging Loan Interest

£3,281

Total Cash In

£85,240

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£171,134

Mortgage (After Refinance)

£128,350

Mortgage LTV

75%

Cash Released

£34,600

Cash Left In

£50,639

Equity

£42,783

Rent Range

£825 - £1,330

Rent Estimate

£998

Running Costs/mo

£754

Cashflow/mo

£244

Cashflow/yr

£2,923

ROI

3%

Gross Yield

10%

Local Sold Prices

50 sold prices from £110K to £360K, average is £155K. £1.2K/m² to £3.2K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£119K10/210.01 mi16, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£145K12/230.01 mi22, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£152K12/220.01 mi26, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£145K12/220.01 mi16, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£150K02/230.01 mi25, Archdale Street, King's Lynn, Norfolk PE30 1QY3
£140K03/210.03 mi5, Eastgate Street, King's Lynn, Norfolk PE30 1QX3
£165K02/210.05 mi9, Homeland Road, King's Lynn, Norfolk PE30 2PP3
£180K11/200.07 mi23, Gaywood Road, King's Lynn, Norfolk PE30 2PR3
£170K12/230.11 mi9, Harecroft Gardens, King's Lynn, Norfolk PE30 2BY3
£186K09/210.12 mi158, Loke Road, King's Lynn, Norfolk PE30 2BW3
£200K02/210.12 mi168, Loke Road, King's Lynn, Norfolk PE30 2BP3
£225K10/230.12 mi168, Loke Road, King's Lynn, Norfolk PE30 2BP3
£170K05/210.13 mi28, Highgate, King's Lynn, Norfolk PE30 1PS3
£165K09/210.14 mi109, Loke Road, King's Lynn, Norfolk PE30 2BE3
£190K05/230.15 mi45, Highgate, King's Lynn, Norfolk PE30 1PU3
£175K10/230.15 mi92, Highgate, King's Lynn, Norfolk PE30 1PU3
£190K07/230.17 mi4, Smith Avenue, King's Lynn, Norfolk PE30 2BQ3
£125K03/210.17 mi14, Smith Avenue, King's Lynn, Norfolk PE30 2BQ3
£155K08/210.19 mi20, Woodwark Avenue, King's Lynn, Norfolk PE30 2BA3
£128K05/210.19 mi12, Woodwark Avenue, King's Lynn, Norfolk PE30 2BA3
£156K10/210.2 mi81, Loke Road, King's Lynn, Norfolk PE30 2AZ3
£170K03/210.22 mi44, Milton Avenue, King's Lynn, Norfolk PE30 2QH3
£249K05/230.22 mi44, Milton Avenue, King's Lynn, Norfolk PE30 2QH3
£135K10/210.24 mi40, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£136.5K01/230.24 mi15, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£115K04/210.25 mi43, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£120K07/230.25 mi44, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£127K10/200.25 mi10, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£130K10/200.25 mi25, Birchwood Street, King's Lynn, Norfolk PE30 2AG3
£198K01/210.26 mi65, Milton Avenue, King's Lynn, Norfolk PE30 2QQ3
£127K04/230.26 mi24, Loke Road, King's Lynn, Norfolk PE30 2AB3
£315K05/240.28 mi36, Tennyson Avenue, King's Lynn, Norfolk PE30 2QG3
£168K03/240.29 mi61, Cresswell Street, King's Lynn, Norfolk PE30 2AW3
£125K10/210.3 mi30, Cresswell Street, King's Lynn, Norfolk PE30 2AP3
£125K08/230.3 mi49, Cresswell Street, King's Lynn, Norfolk PE30 2AP3
£150K01/210.3 mi44, Columbia Way, King's Lynn, Norfolk PE30 2LB3
£225K03/210.3 mi9, King George V Avenue, King's Lynn, Norfolk PE30 2QD3
£185K12/220.32 mi71, Sir Lewis Street, King's Lynn, Norfolk PE30 2AL3
£110K08/210.32 mi64, Sir Lewis Street, King's Lynn, Norfolk PE30 2AL3
£123K02/230.32 mi69, Sir Lewis Street, King's Lynn, Norfolk PE30 2AL3
£150K09/210.33 mi9, Losinga Road, King's Lynn, Norfolk PE30 2DQ3
£195K01/210.34 mi87, Tennyson Avenue, King's Lynn, Norfolk PE30 2QJ3
£220K09/230.34 mi107, Tennyson Avenue, King's Lynn, Norfolk PE30 2QJ3
£257.5K03/240.34 mi66, Tennyson Avenue, King's Lynn, Norfolk PE30 2QJ3
£148.8K01/230.34 mi129, Tennyson Avenue, King's Lynn, Norfolk PE30 2QJ3
£155K03/210.34 mi6, Albert Avenue, King's Lynn, Norfolk PE30 1EE3
£118K10/230.36 mi14, Turbus Road, King's Lynn, Norfolk PE30 2DL3
£195K10/210.37 mi32, Chapel Street, King's Lynn, Norfolk PE30 1EF3
£360K03/210.39 mi147, Gaywood Road, King's Lynn, Norfolk PE30 2QA3
£152K12/200.4 mi111, Columbia Way, King's Lynn, Norfolk PE30 2LF3

Local Rents

29 rents from £825/mo to £1.3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£95006/240.13 miLoke Road, KING'S LYNN3
£1,00007/240.14 miLoke Road, KING'S LYNN3
£95006/240.17 miWoodwark Avenue3
£99501/250.19 mi-3
£82506/240.23 miGeorge Street, KINGS LYNN, King's Lynn, PE303
£89506/240.25 miKings Lynn3
£99509/240.26 miTennyson Avenue, King's Lynn, PE303
£95009/240.29 miCresswell Street, King's Lynn, King's Lynn, PE303
£85006/240.29 miSir Lewis Street, Kings Lynn, Norfolk, PE303
£95006/240.3 miCresswell Street, KING'S LYNN3
£1,10006/240.31 miKing George V Avenue, KING'S LYNN, PE303
£92509/240.32 miSir Lewis Street, KING'S LYNN3
£89508/240.32 miSir Lewis Street, King's Lynn, PE303
£1,00006/240.33 miBlackfriars Road - Kings Lynn3
£1,10007/240.33 miBlackfriars Road - Kings Lynn3
£99506/240.34 miKing's Lynn 3
£1,05006/240.37 miChapel Street3
£92506/240.4 miKings Lynn3
£1,10009/230.4 mi-3
£1,10009/230.4 mi-3
£1,10008/240.42 mi30 Low Road, King's Lynn, PE303
£1,00006/240.51 miSt James Court, King's Lynn, PE303
£1,20008/240.51 miSt James Court, King's Lynn, PE303
£1,00006/240.55 miKing Street, King's Lynn, PE303
£95008/240.55 miKing Street, King's Lynn, PE303
£1,33006/240.55 miKing's Lynn3
£82501/240.58 mi-3
£1,00006/240.6 miPriory Lane, King's Lynn3
£1,10008/240.6 miLe Strange Avenue, King's Lynn, Norfolk, PE303

Local Area Statistics

Population in PE30

43,924

Population in King's Lynn

108,995

Town centre distance

0.58 miles away

Nearest school

0.10 miles away

Nearest train station

0.27 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

March 10, 2025

Floor Plans

Description

  • Terraced house +
  • 3 Bedrooms +
  • Lounge / dining room +
  • Backs on to Gaywood River +
  • Requires updating +
  • Gas central heating +
  • Double glazed +
  • Close to town centre +
  • Walking distance of train station +
  • Permit parking area +

This three-bedroom, turn-of-the-century terraced house is ideally located close to the town centre and train station in King’s Lynn, Norfolk. Retaining much of its period character, the property benefits from double glazing and central heating, offering a comfortable living space that would benefit from some modernisation throughout. A key feature of this home is its peaceful rear aspect, backing onto the Gaywood River, ensuring privacy with no overlooking neighbours. The street itself is designated permit parking only for residents, providing convenience in this sought-after location. With its blend of historic charm, prime location, and scope for improvement, this property presents an excellent opportunity for those looking to put their own stamp on a classic period home. With no onward chain, this is ideal for those seeking a speedy, no hassle sale.  N.B. When viewing - please be advised that parking in this area is by permit only (£56.20 per annum via KLWNBC).

Agent Details

Russen & Turner, Kings Lynn

01553 603361

Next Steps?

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