Salters Road, King's Lynn, Norfolk, PE30
AB

Salters Road, King's Lynn, Norfolk, PE30

By Abbotts

£ 61,250

Reviews

3 out of 5 stars

Abbotts says ..

SHARED OWNERSHIP - We are delighted to offer this fantastic opportunity to buy this brand new three bedroom semi-detached property located in Kings Lynn and available to purchase on a Shared Ownership basis through Freebridge Community Housing. The full market value of £245,000...

Property Oracle says ..

This three-bedroom semi-detached house in North Lynn, King’s Lynn, Norfolk is presented as a shared ownership property. The property is listed at a price significantly lower than other nearby properties and appears to be newly built or recently renovated to a high standard. The photographs showcase a modern interior with a clean and contemporary aesthetic. While the exact plot size isn’t specified, the images indicate a modest rear garden. The property’s location is advantageous, being within reasonable proximity to several schools, a railway station, and other amenities. However, the shared ownership aspect significantly affects the pricing and overall ownership structure, which should be carefully considered by potential buyers. The low price likely reflects the fractional ownership involved rather than a market undervaluation. Those seeking a smaller, more manageable mortgage with potential to buy larger portions of the property in the future would find this attractive. However, potential buyers should be fully aware of the implications and terms of shared ownership before proceeding.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
889.85

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
245,074.00 £
Decreased by 15.93 %
from 291,529.00 £
Est sale value
209,114.75 £
Decreased by 37.50 %
from 334,583.60 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
889.85 £/mo
Unchanged by 0.00 %
from 889.85 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Highgate Infant SchoolAcademy Converter0.48 KM
North Lynn,Gaywood North Bank And The Woottons (Signpost) Sure Start Children'S CentreChildren's Centre0.60 KM
The College Of West AngliaFurther EducationGood0.72 KM
Eastgate AcademyAcademy Sponsor LedOutstanding0.84 KM
King Edward Vii AcademyAcademy Sponsor Led0.88 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Salters Road £ 58,12500.00 KM
Newlands Avenue £ 000.00 KM
Oyster Court £ 305,00000.00 KM
Kingsway £ 159,99500.00 KM
George Street £ 160,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Kings Lynn7115KLN1.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
Salters Road, King's Lynn, Norfolk, PE30 £ 55,000BUY6 / 100.00 KM
Salters Road, King's Lynn, Norfolk, PE30 £ 61,250BUY6 / 100.00 KM
3 Bedroom end-terrace home located on Columbia Way close to town. £ 114,000BUY6 / 100.14 KM
Columbia Way, King's Lynn, PE30 £ 195,000BUYUnknown0.15 KM
Columbia Way, King's Lynn, PE30 £ 175,000BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
113 Columbia Way £ 107,0000.14 KM
79 Columbia Way £ 99,0000.14 KM
103 Columbia Way £ 110,0000.14 KM
69 Columbia Way £ 88,5000.14 KM
99 Columbia Way £ 138,5000.14 KM