2-bedroom terraced house · PE30 3SZ
Listing removedListed 111 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newson & Buck are delighted to offer this furnished two bedroom mid terrace house situated in the popular residential area of Reffley.
The accommodation comprises of entrance hall, modern kitchen/diner, living room with lantern roof, ground floor bathroom and two bedrooms.
The property further benefits from gas central heating, gardens and two allocated parking spaces.
Local amenities can be found on Reffley Lane and South Wootton, with more extensive facilities found in King's Lynn Town Centre including a main line rail link to Cambridge and London King's Cross.
Please note the property will only be provided with furnishings.
Accommodation consists of Entrance Hall Double glazed door to front, under stairs storage, washing machine, radiator and wood effect laminate flooring.
Kitchen/Diner 8' 11" x 10' 11" (2.72m x 3.33m) Modern fitted kitchen with matching wall and base units, single composite sink, electric hob with stainless steel extractor hood over, electric oven, slimline fridge and upright fridge freezer, radiator, wood effect laminate flooring, dining table and four chairs and opening to: Lounge 8' 9" x 9' 4" (2.67m x 2.84m) Roof lantern, double glazed window and double doors to rear, radiator and wood effect laminate flooring, sofa, wall mounted TV, nest of tables and table.
Bathroom 4' 6" x 11' 9" (1.37m x 3.58m) Double gazed window to front, panelled bath, walk in shower cubicle with tiled surrounds, double sink inset to vanity unit, low flush WC, radiator and vinyl flooring.
First Floor Landing Cupboard housing gas combination boiler and fitted carpet.
Bedroom 1 11' 8" x 10' 11" (3.56m x 3.33m) Double glazed window to rear, storage cupboard with hanging space, 2 fitted wardrobes, chest of drawers, desk, bed and two bedside tables, radiator and fitted carpet.
Bedroom 2 6' 6" x 8' 2" (1.98m x 2.49m) 2 Double glazed windows to front, storage cupboard with hanging space, radiator, fitted carpet, bed and wall mounted TV.
Garden To the front of the property there is a garden that is enclosed with a picket fence mainly laid to slate chippings, with shrubs to borders and pathway to the front entrance.
To the rear there is an enclosed garden that is laid to artificial grass, storage shed housing table and chairs and a patio area.
There is a gate to the rear giving access to a communal parking area where there are two allocated parking spaces.
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
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FAQ
About Draycote Close, King's Lynn, PE30
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