Queen Mary Road, Gaywood, King's Lynn, Norfolk
MY

Queen Mary Road, Gaywood, King's Lynn, Norfolk

By My House Online

£ 245,000

Reviews

3 out of 5 stars

My House Online says ..

Nestled in a well-established residential area on Queen Mary Road, this striking five-bedroom semi-detached home offers a rare blend of modern styling, reliable rental income, and location convenience – making it an exceptional turnkey investment opportunity. Currently configured as a HMO (Hou...

Property Oracle says ..

The property is located on Queen Mary Road in Gaywood, King’s Lynn, Norfolk. It’s a semi-detached house with 5 bedrooms and 2 bathrooms, and a total area of 637.22 sqft. The list price is £245,000.

The property benefits from being relatively close to King’s Lynn railway station (1.75km), offering convenient access to transportation links. Several schools are also within a reasonable distance, including King’s Lynn Academy (0.48km), King Edward VII Academy (0.62km), King’s Oak Academy (0.88km), and Howard Junior School (0.88km). The proximity to these amenities is a positive aspect of the location.

Based on the provided images, the property appears to be in generally fair condition. While some rooms show signs of recent renovation or modernisation (e.g., kitchen and bathrooms), other areas (particularly some bedrooms) appear less updated and could benefit from further improvements. There is some evidence of wear and tear throughout the property. The garden is present, although it seems to require some landscaping and maintenance.

The average house price in the area is £265,511, with an average price per sqft of £302. Considering the property’s size (637.22 sqft), a naive estimate of its value would be approximately £192,300 (£302/sqft * 637.22 sqft). However, the presence of five bedrooms and two bathrooms, even if requiring some updating, could justify a higher price than this basic calculation suggests. The list price of £245,000 falls within the range of nearby property prices, although some comparable properties are listed at lower prices. The lack of plot size information makes a definitive assessment of value difficult. Further investigation into the specific condition of the property, and a comparison to similar properties with accurate sqft data, would be needed to fully assess the price’s reasonableness. The property includes a garden, as shown in the photographs.

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
6
Location
7
Land
5
Bedrooms
5
Bathrooms
2
Sqft (est)
637.22

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
149,746.70 £
Decreased by 37.50 %
from 239,594.72 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
637.22 £/mo
Unchanged by 0.00 %
from 637.22 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • My House Online created the listing.

Nearby Schools

NameTypeOfstedDistance
King'S Lynn AcademyAcademy Sponsor LedRequires improvement0.48 KM
King Edward Vii AcademyAcademy Sponsor Led0.62 KM
King'S Oak AcademyAcademy Converter0.88 KM
Howard Junior SchoolAcademy ConverterGood0.88 KM
The College Of West AngliaFurther EducationGood0.94 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Leicester Avenue £ 000.00 KM
Bailey Place £ 167,50000.00 KM
New Road £ 000.00 KM
Newton Close £ 000.00 KM
Cemetery Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kings Lynn7115KLN1.75 KM

Nearby Listings

AddressPriceTypeScoreDistance
Queen Mary Road, Gaywood, King's Lynn, Norfolk £ 245,000BUY6 / 100.00 KM
King John Avenue, King's Lynn, PE30 £ 290,000BUY7 / 100.10 KM
Lynn Road, Watlington, Kings Lynn, Norfolk, PE33 0HG £ 350,000BUY7 / 100.16 KM
King John Avenue, Gaywood, King's Lynn £ 170,000BUY7 / 100.16 KM
King John Avenue, Gaywood, King's Lynn £ 270,000BUY8 / 100.22 KM

Nearby Properties

AddressPriceDistance
3 Queen Mary Road £ 147,5000.08 KM
12 Queen Mary Road £ 161,8000.08 KM
26 Queen Mary Road £ 185,0000.08 KM
6 Queen Mary Road £ 212,0000.08 KM
13 Queen Mary Road £ 169,5000.08 KM