Railway Road, King's Lynn, PE30
By Belton Duffey
£ 230,000
Reviews
2 out of 5 stars
Belton Duffey says ..
* Investment Opportunity * A spacious freehold 5 bedroom HMO *Town centre location *Near bus & train stations * Fully occupied * Total rent £3,174.17 pcm
Property Oracle says ..
This is a house of multiple occupation located on Railway Road in King’s Lynn. The property’s location offers convenient access to local amenities, schools, and transportation, making it an attractive option for renters. However, the property is in need of renovation, with dated interiors and worn fixtures. While it has a small outdoor area, it lacks significant green space. The asking price of £230,000 is above the local average, but the property’s potential as a rental investment could make it worthwhile. Overall, this property presents an opportunity for investors willing to undertake renovations to increase its appeal and rental income potential.
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
- 0
- Bathrooms
- 0
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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
- 48.00 %Unchanged by 0.00 %
Agent Activity
Belton Duffey created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Eastgate Academy | Academy Sponsor Led | Outstanding | 0.35 KM |
| King'S Lynn Nursery School | Local Authority Nursery School | Good | 0.37 KM |
| Greyfriars Academy | Academy Converter | 0.69 KM | |
| Visiting Teacher Service West | Miscellaneous | 0.78 KM | |
| Whitefriars Church Of England Primary Academy | Academy Converter | Good | 0.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Fredrick's Court | £ 0 | 0 | 0.00 KM |
| Paradise Lane | £ 200,000 | 0 | 0.00 KM |
| Chapel Court | £ 0 | 0 | 0.00 KM |
| St Nicholas Street | £ 0 | 0 | 0.00 KM |
| George Street | £ 160,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Kings Lynn | 7115 | KLN | 0.35 KM |
| Watlington | 7057 | WTG | 9.33 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Railway Road, King's Lynn, PE30 | £ 230,000 | BUY | 5 / 10 | 0.00 KM |
| Railway Road, King's Lynn | £ 160,000 | BUY | Unknown | 0.01 KM |
| Norfolk Street, King's Lynn | £ 99,995 | BUY | Unknown | 0.08 KM |
| Norfolk Street, King's Lynn | £ 110,000 | BUY | Unknown | 0.08 KM |
| Apt 3A., 2 Portland Street, King's Lynn PE30 1PB | £ 5,000 | BUY | 4 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 56 Railway Road | £ 138,950 | 0.01 KM |
| 3 Albion Street | £ 27,000 | 0.10 KM |
| 2 Albion Street | £ 22,225 | 0.10 KM |
| 1 Albion Street | £ 100,000 | 0.10 KM |
| 4 Albion Street | £ 105,000 | 0.12 KM |