1-bedroom flat · PE30 1EJ
Listing removedListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Morris Armitage are pleased to bring to market this 1 Bedroom apartment situated in the heart of Kings Lynn. The properties position makes for easy access to the towns amenities.
Accommodation - UPVC part glazed entrance door to hall. Hall - Gas central heating boiler, door to bathroom, door to open plan kitchen/lounge.
Open plan Kitchen/Lounge - 16'5 max inc storage X 13'8 max (5.00m Max inc storage x 4.17m Max) 2 x sash windows to rear, double panel radiator, laminate flooring, kitchen units with stainless steel sink and drainer, space for washing machine, space for under counter fridge/freezer, electric cooker with extractor fan over, Bt point, TV point.
Bathroom window to front, lino flooring, panel bath with mixer tap shower over, wash hand basin, WC, extractor fan. Stairs up to bedroom.
Bedroom - 15'2 x 14'9 (4.62m x 4.50m) 2 x Velux windows, carpeted. Outside - The property is approached via a wooden steps up to a wooden walk way. Strictly no smoking.
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
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FAQ
About 10b, Tower Street, Kings Lynn
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