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King's Lynn

East of England

£195,000
Listed on 05/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1280 sqft

Description

Bay Tree House is a Georgian-style residence that presents a unique opportunity for renovation and investment. The property boasts three bedrooms and features a warm, inviting ambiance, characterized by high ceilings and generous room sizes that provide an immediate sense of space. The heart of the home is the expansive open-plan sitting and dining area, measuring over seven meters in length. With a large sash window at one end and French doors leading to a private courtyard garden at the other, this space is ideal for entertaining or simply enjoying daily life. The kitchen/breakfast room complements this layout with its modern design and practical connection to the outdoor area, enhancing the home's functionality. Upstairs, two spacious double bedrooms feature period fireplaces and substantial windows that allow for ample natural light. A third bedroom can be accessed through a flexible area that could serve various purposes—whether as an office, dressing room, or play area. This level also includes a generously sized family bathroom equipped with both a separate bath and shower. While some updates are needed to fully realize its potential, Bay Tree House offers undeniable character and warmth. It has previously functioned as an investment property and is now available with no onward chain, positioning it perfectly for new owners looking to personalize their space or capitalize on rental opportunities. Located in King’s Lynn—a historic town with roots tracing back to the Middle Ages—the property benefits from its proximity to essential amenities and transport links. As a former significant port town now rich in historical architecture, King’s Lynn attracts professionals commuting to Cambridge, Peterborough, and Norwich within an hour. The direct rail service to London King’s Cross further enhances its appeal. Bay Tree House stands within a conservation area filled with charm and history. With over 400 listed buildings nearby and landmarks such as King’s Lynn Minster and Custom House just moments away, this neighborhood offers both cultural richness and future growth potential for investors keen on renovation projects. This property not only represents an inviting home but also serves as an excellent canvas for those looking to invest—whether through personal occupancy or rental opportunities in this vibrant community.

Investment Analysis

(PE30 area)

Below Market Value

This property is priced -37.8% below area average per sq ft

-37.8%
Potential saving
This Property
£152/sq ft
Area Average
£245/sq ft
Avg Rent (weekly)
£198
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£345,030
10% above area average per sq ft
Potential ROI
+35.3%
After renovation
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

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
£714
Based on a loan of £146,250 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