London Road, King's Lynn, PE30
By McGowan Housing
£ 350,000
Reviews
2 out of 5 stars
McGowan Housing says ..
HMO | Buy-to-Let Opportunity | Long Term Tenants Currently Situated | 8 Bedroom Flat | 4 Bathrooms | 2 Kitchens | Well Maintained Property | Likely to attract enquiries from Serious Investors & Developers | Prime Rental Location Within King's Lynn
Property Oracle says ..
This property located on London Road, King’s Lynn, is a substantial building with eight bedrooms and four bathrooms. Its location is a key advantage, being close to the town centre, railway station, and several schools. However, the provided photographs reveal an interior that is in need of significant modernisation. The rooms appear cluttered and dated, with finishes and furnishings that would likely require updating to meet the standards of modern buyers. The kitchen and bathrooms show significant signs of age and would benefit from complete renovation. The property has a small enclosed rear garden, providing some outdoor space but lacking significant land area. The list price of £350,000 is difficult to evaluate fully without knowing the square footage. While the number of bedrooms and bathrooms is high, the condition of the property suggests that a significant investment in renovations would be required before it could command a higher price. Potential buyers should carefully weigh the cost of renovations against the property’s location and potential rental income. A thorough survey is recommended to assess the structural condition and identify any potential issues. Overall, this property presents a significant project for a buyer, and the final value will heavily depend on the extent and cost of the required renovations.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 8
- Bathrooms
- 4
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 105,000.00 £Decreased by 43.72 %
- Average area rental value
- 785.00 £/moDecreased by 5.88 %
- Est rental Yield
- 8.97 %Increased by 67.35 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Greyfriars Academy | Academy Converter | 0.25 KM | |
| Whitefriars Church Of England Primary Academy | Academy Converter | Good | 0.41 KM |
| King'S Lynn Nursery School | Local Authority Nursery School | Good | 0.55 KM |
| Visiting Teacher Service West | Miscellaneous | 0.91 KM | |
| Nar Children'S Centre | Children's Centre | 0.94 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Checker Street | £ 0 | 0 | 0.00 KM |
| Hospital Walk | £ 0 | 0 | 0.00 KM |
| Hardings Way | £ 0 | 0 | 0.00 KM |
| Exton's Gardens | £ 270,000 | 0 | 0.00 KM |
| Saint James Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Kings Lynn | 7115 | KLN | 0.79 KM |
| Watlington | 7057 | WTG | 8.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lynwood Terrace, King's Lynn, Norfolk, PE30 | £ 115,000 | BUY | 6 / 10 | 0.02 KM |
| Lynwood Terrace, King's Lynn | £ 135,000 | BUY | 5 / 10 | 0.02 KM |
| Lynwood Terrace, King's Lynn, PE30 | £ 115,000 | BUY | Unknown | 0.03 KM |
| London Road, King's Lynn, Norfolk, PE30 5EU | £ 260,000 | BUY | Unknown | 0.03 KM |
| King's Lynn | £ 195,000 | BUY | 5 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 90 London Road | £ 270,000 | 0.00 KM |
| 74 London Road | £ 112,500 | 0.00 KM |
| 60a London Road | £ 230,000 | 0.00 KM |
| 64 London Road | £ 240,000 | 0.00 KM |
| 61 London Road | £ 123,000 | 0.00 KM |