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HISTORIC LYNN - Interesting Mixed Use Property with Permission for Full Residential Conversion - Image 1
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HISTORIC LYNN - Interesting Mixed Use Property with Permission for Full Residential Conversion

East of England

£155,000

Listed on 24/06/2026

Property details

Bedrooms
2
Type
Town House

Description

Situated in the historic market town of King's Lynn, this Grade II Listed mid-terrace property presents a unique investment opportunity for those interested in restoration and conversion. Originally acquired as a derelict structure in the 1960s by a family of architects, it has been partially restored while retaining its historical charm. Currently, it serves commercial purposes on the ground floor with residential spaces above, but it comes with recently granted planning permission (Ref: 26/00198/F BCKLWN) to be transformed into a full residential dwelling. This property boasts generous ground floor accommodation, including a spacious family room and an inviting courtyard garden. Its location is advantageous, being close to local amenities, transport links, and the picturesque waterfront. With original features such as exposed beams and fireplaces, there’s significant potential to enhance and modernise the interior while respecting its heritage.

Investment analysis

(PE30 area)
Area Average
£241/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE30)

Area prices are falling by -4.2% over the last 12 months
3 year growth: +1.0%
5 year growth: +11.6%
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

HISTORIC LYNN - Interesting Mixed Use Property with Permission for Full Residential Conversion
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£586
Based on a loan of £116,250 over 30 years at 4.45% 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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