King Street, King's Lynn, PE30
SO

King Street, King's Lynn, PE30

By Sowerbys

£ 425,000

Reviews

4 out of 5 stars

Sowerbys says ..

Elegant Georgian office building in King's Lynn with 6,290 sq. ft. of period-rich space. Ideal for commercial use or residential conversion (STPP). Prime historic location.

Property Oracle says ..

The property is located on King Street in King’s Lynn, Norfolk. King’s Lynn is a historic market town with a good range of amenities, including shops, schools, and transport links. The proximity to Kings Lynn railway station (1.11 KM) provides convenient access to other parts of the country. Several schools are within a reasonable distance, including West Lynn Primary School (rated ‘Good’ by Ofsted) and Whitefriars Church of England Primary Academy (also rated ‘Good’). This contributes to a positive location score. However, the lack of plot size information prevents a complete assessment of the land aspect.

Based on the images provided, the property appears to be in good condition. The interior is modern and well-maintained, with recently installed flooring and updated office spaces. There is no visible evidence of significant repairs or renovations needed. The building itself seems to be well-preserved, suggesting a good level of upkeep. The property has a traditional character, with high ceilings, large windows, and period features such as ornate molding and archways. This contributes to a high condition score.

The list price of £425,000 for a 3,809.58 sqft property needs further analysis. The average price per sqft in the area is £100.00, which would suggest a value of approximately £380,958. However, nearby comparable properties on King Street range from £97,500 to £535,000, indicating significant price variation. The lack of sqft data for the comparable properties makes a precise price comparison difficult. The higher-priced nearby properties suggest that the list price may be reasonable, especially considering the size and condition of the subject property. Further information on the specific features and amenities of the property would be beneficial for a more accurate price assessment.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
0
Bedrooms
0
Bathrooms
0
Sqft (est)
3,809.58

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 £
Est sale value
430,482.54 £
Decreased by 54.98 %
from 956,204.58 £
Average area rental value
785.00 £/mo
Decreased by 5.88 %
from 834.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 3,809.58 £/mo
Est rental Yield
8.97 %
Increased by 67.35 %
from 5.36 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Sowerbys created the listing.

Nearby Schools

NameTypeOfstedDistance
Visiting Teacher Service WestMiscellaneous0.39 KM
West Lynn Primary SchoolAcademy Sponsor LedGood0.81 KM
King'S Lynn Nursery SchoolLocal Authority Nursery SchoolGood0.88 KM
Whitefriars Church Of England Primary AcademyAcademy ConverterGood0.93 KM
Greyfriars AcademyAcademy Converter1.12 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Kings Lynn7115KLN1.11 KM
Watlington7057WTG9.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
King Street, King's Lynn, PE30 £ 425,000BUY8 / 100.00 KM
King Street, Kings Lynn, PE30 £ 275,000BUY3 / 100.03 KM
King Street, King's Lynn, Norfolk, PE30 £ 475,000BUYUnknown0.04 KM
King's Lynn, Norfolk, PE30 £ 400,000BUYUnknown0.04 KM
King Street, King's Lynn, PE30 £ 199,995BUY4 / 100.05 KM

Nearby Properties

AddressPriceDistance
13 King Street £ 535,0000.02 KM
16 King Street £ 350,0000.02 KM
15 King Street £ 495,0000.02 KM
17 King Street £ 470,0000.02 KM
44m King Street £ 85,5000.08 KM