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Mill Lane, West Winch, King's Lynn, Norfolk PE33 - Image 1
Mill Lane, West Winch, King's Lynn, Norfolk PE33 - Image 2
Mill Lane, West Winch, King's Lynn, Norfolk PE33 - Image 3

Mill Lane, West Winch, King's Lynn, Norfolk PE33

East of England

£140,000
Listed on 27/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
626 sqft

Description

Tucked away in a serene rural setting, this delightful two-bedroom cottage presents an excellent canvas for renovation and personal customization. While the home requires various updates, it offers significant potential for investors or homeowners looking to create a comfortable sanctuary. Key attributes include a spacious master bedroom with the possibility to expand living areas or add further bedrooms as envisioned by the new owner. The current layout features a lounge equipped with a traditional log burner that not only provides cozy warmth but also serves as an energy-efficient hot water source. The downstairs bathroom is functional yet could greatly benefit from modernization. A staircase leads directly to the master bedroom, ensuring privacy from the main living spaces. Additionally, there’s a versatile extra room adjoining the master that could be transformed into a study or dressing area—perfect for remote work needs. Further enhancing its appeal is off-street parking, a valuable asset in such tranquil surroundings. The property sits on a generous plot offering potential for future extensions (subject to planning approval), making it an enticing long-term investment opportunity. Located in the peaceful village of West Winch, this cottage is surrounded by local amenities and transport links, providing both comfort and convenience. This unique property is ideal for those eager to modernize and capitalize on its full potential.

Investment Analysis

(PE33 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£224/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£184,201
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
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
12%
Properties sold annually

Local Market Trend (PE33)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -6.5%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on PE33 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

Mill Lane, West Winch, King's Lynn, Norfolk PE33
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE