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Telford Close, King's Lynn

East of England

£81,000Guide Price

Listed on 10/07/2026

Property details

Bedrooms
2
Type
Flat
Area
581 sqft

Description

This two-bedroom apartment, located conveniently near the Queen Elizabeth Hospital, offers a promising opportunity for both first-time buyers and investors looking to enhance their portfolio. The property is designed with spacious living areas, featuring a lounge, fitted kitchen, two well-sized bedrooms, and a bathroom that requires some modernization. While it currently needs general improvements, the potential for customization and personal touches makes this residence an attractive canvas for renovation. Additionally, allocated parking adds a practical benefit to this investment. The location ensures access to local amenities and transport links, making it suitable for future tenants or owner-occupiers alike. This property is available through modern auction methods, providing buyers with flexible purchasing options.

Investment analysis

(PE30 area)

Below Market Value

This property is priced -42.1% below area average per sq ft

-42.1%
Potential saving
This Property
£139/sq ft
Area Average
£241/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£153,895
10% above area average per sq ft
Potential ROI
+45.2%
After renovation
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

Telford Close, King's Lynn
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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
£306
Based on a loan of £60,750 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

Next Steps

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