1-bedroom flat · PE30 1AG
Listing removedListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newson & Buck present his first floor one bedroom apartment. The apartment is located within the town centre and is also located close to the railway station and bus station.
The accommodation comprises of a combined kitchen/lounge and one bedroom with en-suite shower room. The property benefits from electric heating and is offered unfurnished.
Entrance Hall 2 Carpeted stairs to first floor Kitchen/Lounge 13' 5" x 12' 1" (4.09m x 3.68m) Fully carpeted. Range of wall and base units. Electric oven, hob and extractor fan.
Space and plumbing for washing machine. Electric heater. Large storage cupboard. Bedroom 9' 1" x 8' 2" (2.77m x 2.49m) Fully carpeted. Faces rear of the property. Electric heater.
Door leading to en-suite shower room. En-Suite En-suite shower room with low level WC, basin and shower cubicle with electric shower.
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 Norfolk Street, King's Lynn, PE30
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