Southgate Lane, King's Lynn, PE31
East of England
£325,000
Listed on 20/10/2026
Listed on 20/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
869 sqftFeatures
- Garden
- Parking
Description
This detached three-bedroom house has a hallway, a lounge and a separate dining room, alongside a fitted kitchen and a bathroom on the ground floor. Upstairs are three bedrooms. The existing arrangement offers scope for modernisation or reconfiguration, subject to any necessary permissions.
Outside, the property has a long rear garden and parking to the rear. The house may suit a buyer looking to update the accommodation and consider how best to use the available space. Further details, including the property description and any proposed changes, should be checked before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached three-bedroom house offers a clear, manageable project: dated finishes across several rooms leave scope to refresh the flooring and décor, while the long established garden and rear parking add to its appeal. The listing also mentions potential to extend or reconfigure, subject to permissions, though feasibility would need checking. One bedroom has a crack and damaged or unfinished ceiling plaster that merits investigation.
The asking price is above the local £/sqf benchmark, and the numbers look tight: purchase plus the renovation midpoint is already above the implied local average value, before fees or any other costs. The fundamentals are a relative positive, but this is a project to assess carefully against its likely finished value.
Key opportunities
- Refresh dated finishes and flooring across several rooms to give the house a more current feel.
- Make use of the long established garden and rear parking as practical features of the home.
- Explore the stated scope to extend or reconfigure, subject to permissions and a feasibility check.
Key risks
- Investigate the crack and damaged or unfinished ceiling plaster visible in one bedroom.
- The asking price is above the local £/sqf benchmark, while purchase plus refurbishment costs look tight against local values.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,228
Based on a loan of £243,750 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.
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