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See how verdicts work2-bedroom property · PE30 5DT
Sold STCReduced £10k (−8.3%) on 26 OctListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom apartment in the over 55's development of Three Crowns House.
This quay side property offers hallway, lounge / diner, newly fitted kitchen and bathroom, and two bedrooms. The property further benefits from modern electric radiators and NO ONWARD CHAIN.
Residents also benefit from access to two residents' lounges, a careline system, and a lift. There is communal car park which is available on a first come first served basis.
Hall Storage cupboard, electric radiator and fitted carpet. Lounge Diner 19' 8" x 9' 6" (5.99m x 2.90m) Double glazed windows to rear and side, electric radiator and fitted carpet.
Kitchen 7' 5" x 9' 10" (2.26m x 3.00m) Double glazed window to side, modern fitted kitchen, integrated appliances including hob, dishwasher, washing machine, space for tumble dryer, and tiled flooring.
Shower Room 7' 7" x 4' 7" (2.31m x 1.40m) Shower enclosure with Mira shower, low flush w/c, vanity unit with wash hand basin, tiled walls, electric towel rail and vinyl flooring.
Bedroom One 14' 9" x 9' 3" (4.50m x 2.82m) Double glazed window to side, electric radiator, fitted wardrobes and fitted carpet.
Bedroom Two 11' 2" x 5' 10" (3.40m x 1.78m) Double glazed window to side, electric radiator and fitted carpet.
Communal Rear Courtyard Communal Car Park Available on a first come first served basis.
EPC RATING: C Council Tax Band: B Lease The lease was for 99 years from the 1st of April 1990 leaving approximately 63 years remaining.
The service charges, which include upkeep of all communal areas, buildings insurance and water rates, are £437.76 per month. The ground rent is payable every 6 months at a charge of £119.70.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 South Quay, King's Lynn, PE30
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