Priory Lane

Cruso & Wilkin says ..

This delightful traditional terraced town house being centrally located within King's Lynn, comprising of a lounge, kitchen, two bedrooms and a shower room. Offered for sale as an investment opportunity. Chain Free! Freehold property with an Assured Shorthold Tenancy in favour of a third party...

Property Oracle says ..

This two-bedroom, one-bathroom terraced house on Priory Lane in King’s Lynn is presented as an investment opportunity. The property’s location in King’s Lynn offers access to amenities and transport, with relatively close proximity to several schools. However, the images reveal a property in need of some modernisation and updating. The kitchen and bathroom appear functional, but dated. The living areas are cluttered, suggesting a need for a fresh coat of paint and redecoration. The overall impression is of a habitable property, but one that could benefit significantly from cosmetic improvements and potentially some structural enhancements.

The list price of £130,000 falls within the range of comparable properties on Priory Lane, though significant variation exists. The lack of square footage information prevents a more definitive analysis of its value per square foot. Further investigation into the specific location on Priory Lane and the existing tenancy would be necessary to form a comprehensive valuation. Overall, while this may provide some rental income, the property’s price seems fairly reflective of its condition and potential, rather than being exceptionally good or bad value.

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
7
Condition
5
Location
7
Land
2
Bedrooms
2
Bathrooms
1

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
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Cruso & Wilkin marked this listing as sold.

  • Cruso & Wilkin created the listing.

Nearby Schools

NameTypeOfstedDistance
Visiting Teacher Service WestMiscellaneous0.04 KM
Whitefriars Church Of England Primary AcademyAcademy ConverterGood0.52 KM
King'S Lynn Nursery SchoolLocal Authority Nursery SchoolGood0.65 KM
Greyfriars AcademyAcademy Converter0.79 KM
West Lynn Primary SchoolAcademy Sponsor LedGood1.06 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Margaret's Lane £ 000.00 KM
Saint James Court £ 000.00 KM
Purfleet Place £ 000.00 KM
White Lion Court £ 000.00 KM
Chapel Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kings Lynn7115KLN0.97 KM
Watlington7057WTG8.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Nelson Street, King's Lynn, PE30 £ 175,000BUY7 / 100.01 KM
Grade I Listed Apartment in Hanseatic Quarter King's Lynn £ 175,000BUY7 / 100.04 KM
Nelson Street, King's Lynn £ 220,000BUY7 / 100.05 KM
HISTORIC LYNN - Victorian 2 Bedroom Town House with Garage £ 275,000BUY5 / 100.06 KM
Nelson Street, KING'S LYNN £ 37,000BUY4 / 100.07 KM

Nearby Properties

AddressPriceDistance
5 Priory Lane £ 180,0000.04 KM
16 Priory Lane £ 171,5000.04 KM
9 Priory Lane £ 20,0000.04 KM
15 Priory Lane £ 136,0000.04 KM
19 Priory Lane £ 154,5000.04 KM