1-bedroom flat · PE30 5AW
Sold STCReduced £3k (−2.7%) on 16 SepListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Beautifully Presented Ground Floor Flat Ideally Located Close To Town Centre & Local Amenities The Norfolk Agents are delighted to present to the market this beautifully presented, modern ground floor flat, offering stylish and comfortable living in a highly convenient location.
Finished to a high standard throughout ideal for first-time buyers, professionals, downsizers, or investors alike.
Accommodation: The accommodation is beautifully presented and comprises a bright and welcoming living space beginning with an open plan lounge/kitchen/diner.
This room is positioned to the front of the home and the perfect space to either relax or to entertain.
The modern kitchen is well equipped with room for appliances including fridge/freezer and washing machine with ample worktop space.
To the rear of the property is a generously proportioned double bedroom with space for bedroom furniture and storage.
The modern bathroom has been recently updated and comprises a vanity unit, sink basin, walk in shower and WC.
Outside: Externally, the property benefits from an allocated parking space and key access to a bike store adding further convenience for residents and visitors.
Located in a quiet courtyard its excellent location allows easy access to the town's wide range of shops, cafés, restaurants, supermarkets and leisure facilities, while the nearby railway station offers excellent transport links for commuters.
Combining modern accommodation, allocated parking and an enviable town centre location, this fantastic ground floor flat represents an excellent opportunity for those seeking a move in ready home or an attractive investment property.
Early viewing is highly recommended. Services: The property is connected to mains electric and water. The property is double glazed throughout with electric heating. The property is on mains drainage.
Council Tax Band: A EPC Rating: D Located in a Conservation Area. Annual Service Charge - £1001,56 Lease remaining - 972 years 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
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 advisors 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 Flat 6, Friars Place, King's Lynn
Explore nearby