2-bedroom terraced house · PE30 1NZ
Listing removedListed 100 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newson & Buck are delighted to offer this two bedroom terraced house located within the heart of the town centre. Providing modern accommodation with original features.
The property is situated between the bus and train station making it ideal for commuters.
In brief the property comprises of living room, dining room, kitchen, ground floor shower room, two bedrooms with bathroom off second bedroom, gas central heating and double glazing.
Further benefits include permit parking (on street) and a secure rear courtyard.
Living Room Access from a wooden door to front, double glazed window to front, exposed feature fireplace, fitted carpet, radiator and access to dining room.
Dining Room Fitted carpet, radiator, UPVC double door to rear courtyard and open access to galley style kitchen.
Kitchen Fitted kitchen with an array of wall mounted and base storage cupboards, high level integrated oven, electric hob, composite sink, tiled floor and window to side.
Ground Floor Bathroom A three piece suite comprising of, shower, low level WC, vanity unit, plumbing for washing machine, radiator and window to side. Stairs & Landing Fitted carpet.
Bedroom One Fitted carpet, exposed brick fireplace with mantle, radiator and window to front.
Bedroom Two Fitted carpet, exposed brick fireplace with mantle, radiator and window to rear access to bathroom.
Inner Hallway Vinyl Flooring, radiator, storage cupboard and window to side.
Bathroom A modern suite comprising of bath with shower over, vanity unit, low level WC, radiator and window to side.
Outside A fully enclosed rear garden mainly laid to shingle with a covered patio area.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Waterloo Street, King's Lynn, PE30
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