2-bedroom flat · PE30 5JL
For saleReduced £5k (−4%) on 13 OctListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two-bedroom penthouse apartment benefits from gas central heating, UPVC double glazing throughout and allocated parking.
Finished with modern, stylish décor, the apartment would make an ideal investment opportunity or an attractive contemporary home, conveniently situated close to the town centre and a wide range of local amenities.
Accommodation The apartment is approached via a communal entrance door, with a staircase leading to the apartment.
The property itself opens into a private entrance lobby, which in turn leads into the attractive lounge.
This bright and stylish room features a distinctive porthole style window to the side, together with an additional window to the front providing plenty of natural light.
The modern kitchen is fitted with a range of light-coloured wall and base units with complementary work surfaces, with oven, hob and extractor hood.
There is a window to the rear and laminate flooring. The main bedroom benefits from a useful storage cupboard and a window to the rear, while the second bedroom has a window to the front.
Completing the accommodation is the modern bathroom, fitted with a bath with shower over, wash hand basin and low level WC.
Further features include a heated towel rail, laminate flooring and an attractive porthole style window to the side. Outside The property has allocated parking.
Leasehold The lease has 989 years remaining. The ground rent is £100 and the service charge is £1395.
Value & comps
No previous sales on record.
Returns
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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 Harvest House, Wisbech Road, King's Lynn
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