Stonegate Street, King's Lynn
BR

Stonegate Street, King's Lynn

By Brown & Co

£ 115,000

Reviews

2 out of 5 stars

Brown & Co says ..

*INVESTMENT OPPORTUNITY* *Tenant in Situ, gross yield 8.6% at asking price* Brown&Co offers a first floor, two bedroom property in a modern, gated, apartment building in the heart of King's Lynn close to the town and mainline station to Ely, Cambridge and London.

Property Oracle says ..

This two-bedroom apartment is located in Stonegate Street, King’s Lynn, Norfolk. The property is described as a modern apartment in a gated building with an emphasis on the convenience of its town centre location and its proximity to King’s Lynn’s train station, which provides transport links to Ely, Cambridge and London.

The apartment benefits from a relatively modern kitchen and bathroom, and while these appear clean and functional, there is no indication of high end finishes. The pictures show a generally well-maintained apartment, but the limited space and lack of outdoor area are notable factors to consider.

The provided list price of £115,000 seems to be in line with other recently sold apartments in King’s Lynn, although more specific comparable data to calculate a price per square foot would be beneficial for a precise evaluation. The property appears suitable for owner-occupiers or investors, although potential buyers should carefully weigh the lack of outdoor space. The location is an attractive feature with access to transportation and schools nearby. The lack of information on local shopping facilities and other amenities impacts the overall assessment. This is a fair priced property in good condition, though limited by size and lack of land.

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
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
487.61

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 £
Est sale value
55,099.93 £
Decreased by 54.98 %
from 122,390.11 £
Average area rental value
785.00 £/mo
Decreased by 5.88 %
from 834.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 487.61 £/mo
Est rental Yield
8.97 %
Increased by 67.35 %
from 5.36 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Brown & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Visiting Teacher Service WestMiscellaneous0.32 KM
Whitefriars Church Of England Primary AcademyAcademy ConverterGood0.37 KM
King'S Lynn Nursery SchoolLocal Authority Nursery SchoolGood0.38 KM
Greyfriars AcademyAcademy Converter0.52 KM
Eastgate AcademyAcademy Sponsor LedOutstanding0.87 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint James Court £ 000.00 KM
Saint Margaret's Lane £ 000.00 KM
Hospital Walk £ 000.00 KM
White Lion Court £ 000.00 KM
Paradise Lane £ 200,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Kings Lynn7115KLN0.72 KM
Watlington7057WTG8.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stonegate Street, King's Lynn £ 89,000BUY6 / 100.00 KM
Stonegate Street, King's Lynn, Norfolk, PE30 £ 120,000BUY5 / 100.00 KM
Stonegate Street, King's Lynn £ 125,000BUYUnknown0.00 KM
Stonegate Street, King's Lynn, Norfolk £ 95,000BUY5 / 100.00 KM
Allinson Court Stonegate Street, King's Lynn, PE30 £ 69,999BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
9 Stonegate Street £ 210,0000.03 KM
19 St James Street £ 38,0000.10 KM
16 St James Street £ 197,5000.10 KM
244 Hillington Square £ 75,0000.13 KM
245 Hillington Square £ 31,2500.14 KM