2-bedroom flat · PE30 4WL
Sold STCListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well-presented two-bedroom ground floor apartment with parking, enjoying a beautiful south-facing aspect with views towards the River and offering spacious and well-arranged accommodation, ideal for first-time buyers, retirement or investment purposes.
Location The property is conveniently situated just off Wootton Road, within easy reach of both King's Lynn town centre and the nearby Gaywood area.
King's Lynn offers a wide range of amenities including extensive shopping facilities, supermarkets, leisure centres and a mainline railway station providing direct services to Ely, Cambridge and London King's Cross, making the area well suited to commuters.
Closer to hand, Gaywood provides a useful range of everyday amenities including convenience stores, local shops, schooling and regular bus services, all within a short distance of the property.
The location offers an excellent balance of accessibility and convenience, with both town centre facilities and neighbourhood amenities readily available.
The Property The apartment is in excellent order throughout and benefits from a generous internal layout.
Initially there is a shared entrance hall, then a door on the ground floor into the apartment itself into the reception area and through to a spacious open-plan lounge, dining and kitchen area, creating a light and sociable living space, enhanced by south-facing windows which enjoy attractive river views.
From the sitting room the garden space can be accessed.
There are two bedrooms together with a wet room, designed with accessibility in mind and ideally suited for those requiring level access facilities.
Externally, the property benefits from an allocated parking space along with an allocated private garden area accessed from the apartment along with communal spaces such as bin storage and cycle shed.
The property is superbly located, with a convenience store and bus stops and schools just a short walk away, further enhancing its appeal for a range of buyers.
Outside Allocated parking space Garden space South-facing aspect to front Services: Mains Electric, water, drainage and gas fired central heating Leasehold Length of lease remaining: 112 years Ground rent: £150 per annum Service charge: £650 per annum EPC: B Council tax band: A
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 Bridge Place, King's Lynn
Explore nearby