Tower Place, King's Lynn, PE30
By King & Partners
£ 160,000
Reviews
2 out of 5 stars
King & Partners says ..
A development site with full planning permission for 4 new homes and 1 extended cottage located in the town centre of King's Lynn.
Property Oracle says ..
This property in King’s Lynn is a development opportunity consisting of a plot of land with an existing structure on Tower Place. The current building shows clear signs of age and will require extensive renovation or demolition and new construction, as evidenced by the included architectural plans. The site is not in immediate disrepair, but lacks significant features as it currently exists. The surrounding area shows reasonable proximity to schools and transport links, suggesting a convenient location. While the list price aligns with the price of similar plots in the area, the need for substantial renovation or complete rebuilding, lack of habitable space, and small plot size should be considered before purchase. Potential buyers should carefully assess construction costs and timeframes before committing to purchase and development.
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
- 5
- Bedrooms
- 0
- Bathrooms
- 0
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
- 32.00 %Unchanged by 0.00 %
Agent Activity
King & Partners created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| King'S Lynn Nursery School | Local Authority Nursery School | Good | 0.30 KM |
| Visiting Teacher Service West | Miscellaneous | 0.38 KM | |
| Whitefriars Church Of England Primary Academy | Academy Converter | Good | 0.39 KM |
| Greyfriars Academy | Academy Converter | 0.47 KM | |
| Eastgate Academy | Academy Sponsor Led | Outstanding | 0.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Saint James Court | £ 0 | 0 | 0.00 KM |
| Hospital Walk | £ 0 | 0 | 0.00 KM |
| Saint Margaret's Lane | £ 0 | 0 | 0.00 KM |
| Paradise Lane | £ 200,000 | 0 | 0.00 KM |
| White Lion Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Kings Lynn | 7115 | KLN | 0.65 KM |
| Watlington | 7057 | WTG | 8.84 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Tower Place, King's Lynn | £ 198,995 | BUY | 5 / 10 | 0.01 KM |
| 15 Tower Place, King's Lynn, Norfolk, PE30 5DF | £ 130,000 | BUY | 4 / 10 | 0.01 KM |
| Tower Place, King's Lynn | £ 240,000 | BUY | 6 / 10 | 0.03 KM |
| Tower Place, King's Lynn, Norfolk, PE30 | £ 240,000 | BUY | 6 / 10 | 0.03 KM |
| Stonegate House, 7 Stonegate Street, King's Lynn, Norfolk, PE30 | £ 75,000 | BUY | 5 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Stonegate Street | £ 210,000 | 0.07 KM |
| 16 St James Street | £ 197,500 | 0.14 KM |
| 19 St James Street | £ 38,000 | 0.14 KM |
| 29 Tower Street | £ 162,000 | 0.16 KM |
| 22 Tower Street | £ 65,000 | 0.16 KM |