3-bedroom terraced house · PE30 4GS
Listing removedReduced £50 (−4.5%) on 9 JunListed 161 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newson & Buck present this Modern Three Bedroom End Terrace House located on the popular King's Reach Development. The property is located close to the Queen Elizabeth Hospital.
The accommodation consists of entrance hallway with stairs to first floor, kitchen, downstairs cloakroom, living/dining room, family bathroom, master bedroom with further two bedrooms.
The property also benefits from a enclosed rear garden, parking, gas central heating is offered unfurnished and available now.
Entrance Hallway Carpeted with stairs to first floor and understairs storage cupboard Living/Dining Room 'L' Shape Room - 17' 3" x 16' (5.26m x 4.88m) Carpeted with french doors leading to rear garden, radiator, television and telephone points.
Kitchen Vinyl flooring with fitted wall & base units, electric oven, gas hob and extractor fan - space for washing machine and upright fridge/freezer Downstairs Cloakroom Vinyl flooring with white WC and hand basin Bathroom 6' 7" x 5' 6" (2.01m x 1.68m) newly laid vinyl flooring with fitted white suite and shower over bath Bedroom One 10' 4" x 13' 9" (3.15m x 4.19m) carpeted with built-in wardrobes Bedroom Two 7' 2" x 10' 10" (2.18m x 3.30m) Carpeted, radiator.
Bedroom Three 8' 5" x 8' 5" (2.57m x 2.57m) Carpeted with boiler cupboard Rear Garden Mainly laid to shingle with small patio area and side access
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 Monkton Way, Monkton Way King's Lynn, PE30
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