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St. Marys Close, Heacham, King's Lynn

East of England

£375,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom house presents a valuable opportunity for renovation and investment, situated in a peaceful cul-de-sac on a desirable corner plot. The property offers notable potential for extension or reconfiguration, subject to the necessary planning permissions. Upon entering, you are greeted by a functional entrance hall that leads to the fitted kitchen and a practical utility room. A convenient cloakroom is also located on the ground floor. The spacious 27’8” lounge/diner stands out as a versatile area ideal for both relaxation and entertaining. Its size allows for various layout options, which could be enhanced with modern updates. The upper level consists of three generously sized double bedrooms, complemented by a family bathroom. This layout provides ample accommodation for families or those seeking additional guest space. Outside, the property includes both front and rear gardens, along with a driveway and garage, providing essential parking and storage solutions. Given the existing gas central heating and double-glazed windows, this home is structurally sound and ready to be tailored to your taste. Located within a quiet neighborhood, this house not only offers immediate livability but also the chance to create added value through renovations or extensions—making it an attractive prospect for both homeowners looking to invest in their future and savvy investors alike.

Investment Analysis

(PE31 area)
Area Average
£347/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by +6.2% over the last 12 months
3 year growth: -14.0%
5 year growth: 2.5%
Investment Disclaimer: Analysis based on PE31 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

St. Marys Close, Heacham, 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
£1,374
Based on a loan of £281,250 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