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See how verdicts work5-bedroom flat · PE30 5JN
Sold STCListed 202 daysAuction 7 May · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY LIVESTREAM AUCTION ON THURSDAY 7TH MAY 2026 TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE A large terraced house split into four self contained flats currently producing around £25,800 per annum This freehold residential investment opportunity comprises four self contained flats all currently let and producing around £25,800 pa.
The ground floor one bedroom flat is currently let at £600 pcm, the first floor two bedroom flat is let at £550 pcm, the second floor one bedroom flat is let at £400 pcm and the third floor flat at £600 pcm.
Location The property is located on the outskirts of Kings Lynn town centre near the South Gates roundabout.
Kings Lynn offers a wide range of shopping facilities as well as bus station and mainline railway link to Cambridge and London Kings Cross station.
Ground Floor Living room, kitchen, bedroom, bathroom.
First Floor Lounge/ kitchen, two bedrooms, bathroom Second Floor Lounge, kitchen, bedroom, bathroom Third Floor Lounge/ kitchen, bedroom, bathroom.
Council Tax Band A Tenure: Freehold EPC Rating: C, D, D, D Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs
FAQ
About 2 Wisbech Road, King's Lynn, Norfolk PE30 5JN
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