We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · PE30 3BN
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a sought after residential area of King’s Lynn, this well-proportioned two-bedroom ground floor flat offers an excellent opportunity for buyers seeking space, practicality, and the chance to modernise a home to their own taste.
As you enter, you’re welcomed by a traditional layout that places the two double bedrooms, the bathroom, and a useful utility room towards the front of the property, ideal for keeping your living and sleeping spaces separate.
Both bedrooms are generously sized with plenty of natural light, offering potential to create comfortable, relaxing retreats.
To the rear of the flat, you'll find the kitchen and the standout feature: a spacious lounge/diner that opens up beautifully and invites creativity.
Whether you're envisioning cosy nights in or hosting friends and family, there's ample space to make it your own.
With box-bay windows to either side, they offer offer a pleasant outlook and bring in great natural light, adding to the flat’s sense of space.
While the property would benefit from some updating, the layout is highly functional and provides a great canvas for improvement.
A modernised kitchen and bathroom, along with some cosmetic upgrades, would easily transform this flat into a contemporary and comfortable home.
Outside, residents enjoy access to generous communal gardens, providing green space to relax without the responsibility of upkeep.
The flat is ideally positioned close to local shops, schools, and public transport, with King’s Lynn town centre and railway station just a short distance away.
This is a home full of potential, perfect for first-time buyers, downsizers, or investors looking to add value in a sought-after location. Ready to unlock the potential?
Book your viewing today and imagine the possibilities this flat has to offer. The property is held on a 125-year lease from 1985, with approximately 85 years remaining.
The ground rent is £10.00 per annum and the current service charge is approximately between £500.00 and £600.00 per annum, which does include the building insurance.
We are however waiting for clarification on these figures. Disclaimer 1. To meet money-laundering regulations, all buyers will need to complete an ID check.
We’ll ask you to provide the necessary documents, and there’s a small fee of £20.50 per client for this service. 2.
We do our best to make sure our property details are fair, accurate, and up to date, but they’re meant as a general guide only.
If there’s anything particularly important to you, please get in touch — we’ll be happy to look into it further. 3. All measurements are provided as a guide and may not be exact. 4.
We haven’t tested any of the property’s services, equipment, or appliances. We recommend that buyers arrange their own survey or service checks before making a final offer. 5.
These details are provided in good faith, but they don’t form part of any offer or contract. Buyers should verify any points that are important to them before proceeding.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Charlock, King's Lynn
Explore nearby