Tower Place, King's Lynn, PE30
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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 %
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
32.00 %
Unchanged by 0.00 %
from 32.00 %

Agent Activity

  • King & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
King'S Lynn Nursery SchoolLocal Authority Nursery SchoolGood0.30 KM
Visiting Teacher Service WestMiscellaneous0.38 KM
Whitefriars Church Of England Primary AcademyAcademy ConverterGood0.39 KM
Greyfriars AcademyAcademy Converter0.47 KM
Eastgate AcademyAcademy Sponsor LedOutstanding0.80 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Kings Lynn7115KLN0.65 KM
Watlington7057WTG8.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tower Place, King's Lynn £ 198,995BUY5 / 100.01 KM
15 Tower Place, King's Lynn, Norfolk, PE30 5DF £ 130,000BUY4 / 100.01 KM
Tower Place, King's Lynn £ 240,000BUY6 / 100.03 KM
Tower Place, King's Lynn, Norfolk, PE30 £ 240,000BUY6 / 100.03 KM
Stonegate House, 7 Stonegate Street, King's Lynn, Norfolk, PE30 £ 75,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
9 Stonegate Street £ 210,0000.07 KM
16 St James Street £ 197,5000.14 KM
19 St James Street £ 38,0000.14 KM
29 Tower Street £ 162,0000.16 KM
22 Tower Street £ 65,0000.16 KM