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Balmoral Road, Gaywood, King's Lynn - Image 1
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Balmoral Road, Gaywood, King's Lynn

East of England

£100,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached bungalow represents a solid prospect for those interested in renovation or investment opportunities. Located in a well-established residential neighborhood, the property is conveniently situated near essential amenities and public transport routes, enhancing both its appeal and practicality. The bungalow's traditional layout consists of a spacious lounge, a kitchen with basic fixtures, two bedrooms, and a bathroom. The interior would benefit from modernization, allowing prospective buyers to customize the space to their preferences. The lounge features a fireplace and a front-facing window, adding character and natural light to the room. The kitchen includes wall and base units along with spaces for essential appliances. Both bedrooms provide comfortable sleeping quarters with adequate storage potential. One of the standout features of this property is the rear garden, which offers ample space for landscaping or potential extensions (subject to planning permissions). This outdoor area could be transformed into an appealing garden retreat or expanded living space, maximizing the property's value. Offered with no onward chain, this bungalow is particularly suited for investors looking for a project or first-time buyers eager to put their mark on a home. Given its location close to local shops and services, it presents an excellent opportunity for those wanting to create long-term value through renovation. Viewing is encouraged for anyone looking to explore its full potential.

Investment Analysis

(PE30 area)
Area Average
£245/sq ft
Avg Rent (weekly)
£198
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PE30)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 8.2%
5 year growth: 17.8%
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

Balmoral Road, Gaywood, King's Lynn
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE