London Road, King's Lynn, PE30
MC

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 %
from 186,568.00 £
Average area rental value
785.00 £/mo
Decreased by 5.88 %
from 834.00 £/mo
Est rental Yield
8.97 %
Increased by 67.35 %
from 5.36 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Greyfriars AcademyAcademy Converter0.25 KM
Whitefriars Church Of England Primary AcademyAcademy ConverterGood0.41 KM
King'S Lynn Nursery SchoolLocal Authority Nursery SchoolGood0.55 KM
Visiting Teacher Service WestMiscellaneous0.91 KM
Nar Children'S CentreChildren's Centre0.94 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Checker Street £ 000.00 KM
Hospital Walk £ 000.00 KM
Hardings Way £ 000.00 KM
Exton's Gardens £ 270,00000.00 KM
Saint James Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kings Lynn7115KLN0.79 KM
Watlington7057WTG8.47 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lynwood Terrace, King's Lynn, Norfolk, PE30 £ 115,000BUY6 / 100.02 KM
Lynwood Terrace, King's Lynn £ 135,000BUY5 / 100.02 KM
Lynwood Terrace, King's Lynn, PE30 £ 115,000BUYUnknown0.03 KM
London Road, King's Lynn, Norfolk, PE30 5EU £ 260,000BUYUnknown0.03 KM
King's Lynn £ 195,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
90 London Road £ 270,0000.00 KM
74 London Road £ 112,5000.00 KM
60a London Road £ 230,0000.00 KM
64 London Road £ 240,0000.00 KM
61 London Road £ 123,0000.00 KM