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Fakenham Road, Stanhoe, King's Lynn PE31 - Image 1
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Fakenham Road, Stanhoe, King's Lynn PE31

East of England

£325,000

Listed on 09/06/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This is an exceptional opportunity to acquire a plot with full planning permission for an executive-style dwelling in a highly desirable area. The approved plans allow for the demolition of the existing structure and workshop, paving the way for a new 3,007 sqft, two-storey detached home featuring four bedrooms, three reception areas, an office, five bathrooms, and a balcony. This project presents significant investment potential, particularly given its sought-after location. Additionally, there is a Community Infrastructure Levy (CIL) payment of approximately £13,517 required as part of the planning consent. With appropriate financing and strategic execution, this site could be transformed into an impressive high-end residence or perhaps even offer further development opportunities down the line.

Investment Analysis

(PE31 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -6.8%
5 year growth: +2.5%
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

Fakenham Road, Stanhoe, King's Lynn PE31
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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
£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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-7.1% since listed
£325,000£25,000(-7.1%)
25/05/2026
Current price
£350,000Initial listing
25/03/2025

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