3-bedroom semi-detached house · PE34 3LT
Sold STCListed 118 days
Opportunity summary
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About
SUMMARY Situated in the popular village of West Lynn, with a range of local amenities, this beautifully presented three-bedroom semi-detached home offers a 35% shared ownership.
An ideal opportunity for first-time buyers, with the flexibility to increase your ownership share in the future.
DESCRIPTION This beautifully presented three-bedroom semi-detached home is offered for sale on a 35% shared ownership basis, providing an excellent opportunity for first-time buyers to take their first step onto the property ladder, with the option to increase their ownership share in the future.
Ideal for those seeking an affordable route into homeownership in a practical and sought-after location, the accommodation comprises an entrance hall, cloakroom, kitchen/dining room, and a spacious lounge.
To the first floor are three well-proportioned bedrooms and a family bathroom. Outside, the property benefits from off-road parking for two vehicles and an enclosed rear garden.
West Lynn offers a range of local amenities, including a primary school, convenience store with post office, West Lynn Social Club, and a ferry service providing easy access to the town centre.
There are also excellent road links into King's Lynn, which benefits from a mainline railway station with services to Ely, Cambridge, and London King's Cross. Viewing is highly recommended.
Entrance Door To:- Entrance Hall Wood effect laminate floor, radiator, stairs to first floor Cloakroom Low level WC, wash hand basin, radiator Lounge 16' 4" x 9' 4" max ( 4.98m x 2.84m max ) Double glazed window, double glazed patio doors to rear, wood effect laminate floor, radiator Kitchen/Dining Room 16' 9" x 9' 6" ( 5.11m x 2.90m ) Modern fitted kitchen, roll edge work top, inset stainless steel sink with mixer tap over, built-in oven and grill, electric hob, extractor over, space for washing machine, fridge freezer and integrated dishwasher, double glazed window, radiator, vinyl floor First Floor Landing Loft access, radiator, storage cupboard Bedroom One 16' 4" x 7' 11" ( 4.98m x 2.41m ) Double glazed window, radiator Bedroom Two 10' 10" x 9' 5" ( 3.30m x 2.87m ) Two double glazed windows, radiator, built in storage cupboard Bedroom Three 9' 9" x 6' 6" ( 2.97m x 1.98m ) Double glazed window, radiator Bathroom Bath with shower mixer tap and shower screen, low level WC, wash hand basin, part tiled walls, double glazed window, radiator, vinyl floor Outside To the front is off road parking for two cars.
Side gate gives access to the rear garden which is laid mainly to lawn with a paved patio and is enclosed by timber fencing. Agents Note Buildings Regulations Completed Aug 2024 - 8 Years Remaining.
This property is currently under shared ownership in conjunction with Platform Housing Group who have criteria for any purchase, the advertised price is for the sellers 35% share.
£411.59 per month is paid to the Platform Housing Group as rent for the retained share. Service Charge is £56.04 including building insurance, street lighting and ground maintenance.
Please contact with Platform Housing Group for guidance on purchase requirements.
In addition, Platform Housing Group have advised that they would be prepared to staircase a transaction to 100% Freehold ownership.
This would mean that any potential purchaser would buy the vendor's 35% share and the remaining 65% share from Platform Housing Group to enable a Freehold purchase on completion.
Your conveyancer will advise with regard to the timescales involved and you should satisfy yourself in regard to lending affordability.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly 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 CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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
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FAQ
About Blackthorn Drive, West Lynn, King's Lynn
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