4-bedroom terraced house · PE30 5AP
Sold STCListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Norfolk Agents are pleased to offer this unique character property, situated on Friars Street in the historic quarter of King's Lynn; just a short walk from the Quay and the amenities of the town centre.
The property offers versatile ground floor living space, along with three first-floor bedrooms in the main part of the house, with a detached annexe housing a guest bedroom with en-suite and a useful utility area.
Behind the annexe is a pleasant walled garden, which provides the perfect place to entertain friends and family.
The current owners have made every effort to make the property as energy efficient as possible, with solar panels installed and an air source heat pump providing heating to the main house.This home is also available with no onward chain.
ACCOMMODATION Visitors are welcomed into the open-plan kitchen/dining room at the front of the house, with a central chimney stack partially separating the two areas.
The kitchen houses a wood burning stove and offers a range of fitted storage units with an integrated gas hob and oven, plumbing/space for a dish washer and space for additional appliances.
The dining area provides plenty of space for a table and chairs, along with other furniture, with stairs rising to the first floor.
A door from the kitchen opens into the cosy sitting room, with fitted book cases and a window to the side, and a door leading into a central lobby area, where you will find the ground floor cloakroom.
Beyond the lobby is a versatile study with a door into the pleasantly proportioned conservatory.
Upstairs there are three bedrooms arranged around the landing, two of which have fitted storage and are served by the neatly appointed family bathroom.
The annexe has been converted out of the original garage building and now includes a double bedroom with an en-suite, which would be ideal for visiting guests or an older child requiring more independence.
The annexe also houses a useful utility area, with space for a washing machine and other appliances.
OUTSIDE The property faces onto the road, with a side passage leading to courtyard at the side of the house, where there is a garden shed as well as a brick outbuilding with electricity connected.
The main garden is at the rear of the annexe, where there is a paved seating area and planted borders, enclosed by a brick wall which extends around the perimeter.
The parking space is located within the adjoining car park, which is accessed from Friars Street. SERVICES The property is connected to mains drainage, gas, electricity and water supply.
Central heating to the main house is provided courtesy of an energy efficient air source heat pump. The annexe has an independent gas-fired boiler. The property also has solar panels installed.
TENURE: Freehold COUNCIL TAX BAND: B EPC RATING: C - The full certificate can be downloaded or provided by the Norfolk Agents. 1.
To comply with the Money Laundering Regulations, we must verify your identification documents and source of funds. These checks are carried out by Coadjute, a regulated third-party provider.
A £45 fee (+ VAT) per client applies to cover administration and verification, payable at the outset. 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 pleased 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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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 Friars Street, Kings Lynn
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