2-bedroom flat · PE30 1PB
For saleListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well Presented Two Bedroom Flat, Available With No Onward Chain The Norfolk Agents are delighted to present this well appointed two bedroom flat which is filled with character and ready to move in to.
Ideal for a wide range of purchasers including investors and first time buyers this home has spacious accommodation and in person viewing is strongly recommended.
Ideally situated just a short walk from King's Lynn town centre and the railway station, the home enjoys excellent access to a wide range of shops, cafés and local amenities, with direct rail services to Cambridge and London King's Cross and just a stones throw away from the bus station.
Accommodation: The property is accessed by an impressive communal entrance hall, leading in to the property itself which begins with an inviting hallway providing space for storing coats and shoes.
The living is spacious in size and the perfect space to relax.
This leads in to the kitchen dining room via double doors, the kitchen has a juliet balcony which is a both an eye catching feature and floods the room with light.
There are two generously sized double bedrooms and the bathroom, which is fitted with a three piece suite, completes the living space.
Services: This home is connected to mains electricity, water supply and drainage. The home is heated by modern electric storage heaters with double glazing throughout.
There is also broadband connected to the home. Agents note: There are approximately 114 years left on the lease.
Location: King's Lynn is a historic market town on the north Norfolk coast, offering an excellent range of amenities including shopping centres, supermarkets, cafés, restaurants, leisure facilities and the Queen Elizabeth Hospital.
The town benefits from highly regarded schools and a mainline railway station providing direct services to Cambridge and London King's Cross, along with a Bus Station, making it a popular choice for commuters and families alike.
Tenure: Leasehold council tax band: A EPC rating: E (with properties both above and below it this home is efficient to run) 1.
To comply with the Money Laundering Regulations, we must verify your identification documents and source of funds. These checks are carried out by Coadjute, a regulated third-party provider.
A £45 fee (+ VAT) per client applies to cover administration and verification, payable at the outset. 2.
While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property.
If there is any point which is of particular importance to you, please contact the office and we will be pleased to make further investigations. 3.
The measurements indicated are supplied for guidance only. 4. Please note we have not tested the services or any of the equipment or appliances in this property.
We strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5.
These particulars are issued in good faith but do not form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
The Norfolk Agents limited nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to this property.
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
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FAQ
About Flat 3, 5 Portland Street, Norfolk
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