1-bedroom flat · PE30 5EF
Listing removedListed 61 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Norfolk Agents are delighted to present this first floor studio flat.
Conveniently located in the heart of King’s Lynn town centre, the property is within easy reach of a wide range of amenities, including shops, restaurants, and the mainline train station.
Accommodation: Visitors are welcomed to the property via a secure communal staircase. The property features a spacious living room/bedroom, which is directly connected to the kitchen.
The kitchen provides space for a fridge freezer and washing machine, while the modern shower room is fitted with a three-piece suite comprising a shower, hand basin, and WC.
agent note- please note there is no space for a oven so the tenant would need to provide a microwave or air fryer for cooking.
Location: The town of King's Lynn offers a wide range of facilities, including shopping, leisure, schools and the QE Hospital; as well as providing an hourly train service to London via Cambridge.
For the golf enthusiasts there are opportunities to play at King's Lynn and Middleton Golf Clubs, both of which are only a short distance away.
Other notable attractions nearby include the Royal Sandringham Estate, the beautiful North Norfolk coastline and miles of scenic walks around the nearby villages of Castle Rising, Bawsey and Leziate.
Services: The property is connected to mains electric and water. The property is heated by electric storage heaters. Council Tax Band: A EPC Rating: D 1.
Tenants will be asked to produce ID to satisfy money laundering regulations and we would ask for your co-operation in providing the relevant documentation. 2.
While we endeavour to make our 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.
Successful applicants will be asked to pay a holding deposit (seven days worth of rent) that will be deducted from final payment, to withdraw marketing of the property during the referencing. 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 HAVE ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATSOEVER IN RELATION TO THIS PROPERTY.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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