Millsopps says ..

Property Oracle says ..

This property on William Street, King’s Lynn, is presented as a development opportunity. The listing highlights the granted planning permission for conversion into two self-contained units. The current structure is significantly dilapidated, as evidenced by the photos showing a derelict building in need of complete refurbishment. The interior reveals structural damage, requiring a substantial investment to reach habitable condition. The property’s location in King’s Lynn offers advantages; proximity to transport links (Kings Lynn train station is nearby) and various schools enhances its potential for attracting buyers, particularly those looking for investment properties or development projects. However, the current state of the building is a significant drawback. The plot size is modest, offering limited space for outdoor use. While the listed price of £150,000 may appear competitive relative to other properties in the area, the considerable cost of redevelopment and uncertainty surrounding final value after renovation must be factored into any assessment. The absence of key details such as square footage makes a precise valuation assessment challenging.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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