Lynn Road, West Rudham, PE31
BE

Lynn Road, West Rudham, PE31

By Belton Duffey

£ 350,000

Reviews

3 out of 5 stars

Belton Duffey says ..

A fantastic opportunity to purchase a freehold restaurant/bar with owners' accommodation and parking in a prominent roadside location.

Property Oracle says ..

The property is a character property located on Lynn Road in West Rudham, Norfolk. The asking price is £350,000. The average price for properties in the area is £265,511, with an average price per square foot of £302. However, the square footage of the subject property is not provided, making a precise price per square foot comparison impossible. The property appears to be a traditional building, possibly a former pub, which has been renovated. The interior shows a mix of modern and traditional features. While some areas appear well-maintained and updated (e.g., the bathrooms and some interior spaces), other areas (e.g., some of the living areas) appear to be in need of some modernisation or updating. The property benefits from a sizable parking area and what appears to be a small patio area. The presence of a substantial fireplace is a notable feature. The location is in a rural setting. The proximity to several primary schools with good Ofsted ratings is a positive aspect for families. However, information on nearby transportation links is missing. The lack of detailed information on the size of the plot makes it difficult to assess the amount of land available. Considering the property’s condition, which is a mix of updated and needing some modernisation; the lack of information regarding the plot size, and the location in a rural setting with nearby schools, the list price of £350,000 appears to be at the higher end of the market value for the area, based on the average property price provided. More information on the property’s square footage and plot size would be needed for a more precise valuation.

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
7
Location
6
Land
5
Bedrooms
4
Bathrooms
2
Sqft (est)
2,603.14
Lot (est)
3,313.13

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
611,737.90 £
Decreased by 37.50 %
from 978,780.64 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
2,603.14 £/mo
Unchanged by 0.00 %
from 2,603.14 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
54.00 %
Unchanged by 0.00 %
from 54.00 %

Agent Activity

  • Belton Duffey created the listing.

Nearby Schools

NameTypeOfstedDistance
Rudham Cofe Primary AcademyAcademy ConverterGood1.36 KM
Harpley Cofe Vc Primary SchoolVoluntary Controlled SchoolGood5.29 KM
Great Massingham Cofe Primary SchoolVoluntary Controlled SchoolGood5.96 KM
Blenheim Park AcademyAcademy Sponsor LedRequires improvement6.12 KM
Weasenham Church Of England Primary AcademyAcademy ConverterGood8.66 KM

Images

Nearby Listings

AddressPriceTypeScoreDistance
Lynn Road, West Rudham, PE31 £ 350,000BUY6 / 100.00 KM
Dukes Yard, West Rudham, King's Lynn £ 120,000BUY5 / 100.03 KM
Dukes Yard, West Rudham, KING'S LYNN £ 120,000BUY5 / 100.03 KM
Lynn Road, West Rudham, Norfolk £ 425,000BUY6 / 100.09 KM
Lynn Road, West Rudham, Norfolk, PE31 £ 400,000BUY6 / 100.18 KM

Nearby Properties

AddressPriceDistance
Middle Cottage £ 80,0000.18 KM
Albion House £ 295,0000.18 KM
Dewberry Low £ 285,0000.18 KM
Larkfield £ 252,0000.18 KM
Harvest Barn £ 360,0000.18 KM