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Caley Street, King's Lynn, PE31

East of England

£250,000
Listed on 15/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1184 sqft

Description

This two-bedroom bungalow, located just a short stroll from the sea in Heacham, presents a compelling opportunity for buyers looking to infuse their own design vision into a property. The home boasts spacious interiors with high ceilings and solid construction—a notable feature that is increasingly hard to find. The expansive reception area serves as an inviting hub for family life, while the kitchen offers ample potential for modern upgrades. The layout includes two generously sized bedrooms on the ground floor along with a family bathroom, ensuring practicality for immediate use. A significant advantage is the large loft room featuring a dormer window that overlooks the garden. With the possibility of adding a permanent staircase to this space (potentially by slightly reconfiguring Bedroom Two), there is potential to create an additional suite, home office, or versatile living area in line with current building regulations—subject to necessary permits. Ideal for those interested in a manageable renovation project near the coast, this bungalow harmonizes immediate livability with exciting future possibilities. Whether you're considering it as your new full-time residence, a holiday retreat with room for value enhancement, or as an investment in your personal vision, this Heacham property is set to embark on its next chapter.

Investment Analysis

(PE31 area)

Below Market Value

This property is priced -39.4% below area average per sq ft

-39.4%
Potential saving
This Property
£211/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£453,886
10% above area average per sq ft
Potential ROI
+56.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by -8.8% over the last 12 months
3 year growth: -14.6%
5 year growth: -1.2%
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

Caley Street, King's Lynn, PE31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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