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Methuen Avenue, King's Lynn

East of England

£150,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
807 sqft

Description

This three-bedroom mid-terrace home, conveniently located just off Wootton Road, presents a compelling opportunity for first-time buyers and investors alike. With its ample space and flexible layout, the property offers considerable scope for renovation and personalisation. You can easily envision transforming the two reception rooms into an open-plan design that enhances modern living while maintaining comfort. The kitchen, positioned at the rear, provides a great chance to reimagine the space—potentially creating a stylish breakfast area or utility room that suits your needs. The addition of a cloakroom on the ground floor adds functionality, while upstairs boasts three well-proportioned bedrooms: two generous doubles and a versatile single room ideal for various uses. The shower room is practical but could benefit from an upgrade to meet contemporary standards. Outside, the private rear garden serves as a blank slate ready for landscaping; whether you desire a tranquil retreat or an entertaining space, this area has plenty of potential. Given its proximity to amenities and transport links in this desirable locale, this home not only offers immediate living options but also great investment prospects with room to enhance value significantly.

Investment Analysis

(PE30 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£186/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£194
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£216,022
10% above area average per sq ft
Potential ROI
+20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE30)

Area prices are falling by -3.4% over the last 12 months
3 year growth: +1.1%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on PE30 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Methuen Avenue, King's Lynn
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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