1-bedroom flat · PE30 5GE
For saleListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Norfolk Agents are pleased to offer to the market this one bedroom purpose built flat which has approx. 982 years remaining on the lease.
Available to purchase with no chain this would be ideal for first time buyers or investors. The flat has open plan living space, a spacious bedroom and a balcony with pleasant views.
There are also communal gardens and a play park. Accommodation: This home benefits from open plan living which includes a well equipped fitted kitchen and an open plan lounge/dining area.
There are doors out to the balcony whilst the internal hallway provides access to the spacious double bedroom along with the bathroom which boasts a three piece fitted suite.
There is also storage along the hallway. Outside: There are communal garden spaces available with the flat along with a play park. The flat itself offers a balcony with room for a table and chairs.
Services: This property benefits from double glazing throughout with mains drainage, mains water and mains electric. There is also mains gas heating. Tenure: Leasehold, approx.
982 years left on the lease. Service Charge of £142 per month. Council Tax Band: A EPC Rating: B 1.
Purchasers 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 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 please 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
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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
Agent & docs
FAQ
About Morleys Leet, King's Lynn, Norfolk, PE30
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