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Watery Lane, Grimston, King's Lynn, Norfolk, PE32 1BQ - Image 1
Watery Lane, Grimston, King's Lynn, Norfolk, PE32 1BQ - Image 2
Watery Lane, Grimston, King's Lynn, Norfolk, PE32 1BQ - Image 3
Watery Lane, Grimston, King's Lynn, Norfolk, PE32 1BQ - Image 4
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Watery Lane, Grimston, King's Lynn, Norfolk, PE32 1BQ - Image 7
Watery Lane, Grimston, King's Lynn, Norfolk, PE32 1BQ - Image 8
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Watery Lane, Grimston, King's Lynn, Norfolk, PE32 1BQ

East of England

£155,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
Cottage

Description

This delightful 2-bedroom character cottage is located on a tranquil lane at the outskirts of Grimston, offering captivating views of the surrounding countryside and immediate access to extensive walking routes. The property features a welcoming bay-fronted sitting room with an open fireplace, ideal for cozy evenings. This space flows into a dining area that captures stunning south-facing vistas. The well-sized kitchen comes equipped with fitted units and ample work surfaces, accommodating a range-style cooker for those who enjoy culinary pursuits. A versatile conservatory can serve as a lobby or boot room, enhancing functionality on the ground floor. The first floor comprises two bedrooms, complemented by a family bathroom around a spacious landing. The generous plot includes a west-facing garden, stretching approximately 150ft at its widest point and bordered by open fields on two sides. Outdoor facilities boast a large paved patio, lush lawn areas, and two substantial timber outbuildings: an insulated gym/studio and a summer house/home office equipped with planning permission and electrical points. Significantly, this cottage presents strong renovation opportunities with several existing planning permissions in place. These include enhancements to the main house's internal layout through extensions and alterations, as well as converting the garage into additional parking space or carport options. This flexibility allows prospective buyers to tailor their investment according to personal needs or future potential. Grimston is surrounded by picturesque villages just east of King's Lynn, featuring amenities such as local shops, medical facilities, and dining options. Further conveniences are available in Kings Lynn town center along with regular rail services to major cities. Nearby attractions such as the Sandringham Estate and North Norfolk coast add additional appeal to this rural retreat.

Investment Analysis

(PE32 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£264
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE32)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -11.5%
5 year growth: +0.3%
Investment Disclaimer: Analysis based on PE32 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

Watery Lane, Grimston, King's Lynn, Norfolk, PE32 1BQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£549
Based on a loan of £116,250 over 30 years at 3.91% 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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