Summary - 20 BARRETT CLOSE KING'S LYNN PE30 4UQ
1 bed 1 bath Apartment
Close to QE Hospital; strong past rent and low charges for cash buyers.
Ground-floor one-bedroom flat with open-plan living
A ground-floor one-bedroom flat located in a quiet cul-de-sac close to the Queen Elizabeth Hospital and local bus routes. The open-plan lounge/kitchen, bedroom, shower room and store room offer straightforward, low-maintenance accommodation suitable for buy-to-let or budget-minded buyers. Previously let at £650 pcm (around 9.75% yield) and sold chain free, it presents immediate rental potential.
There are clear practical issues to note: the lease has 78 years remaining — many mortgage lenders may refuse finance on this basis, which restricts the buyer pool. Heating is by electric room heaters and glazing dates are unknown, so running costs and improvement needs should be factored into any purchase decision. The block exterior shows wear and will require maintenance.
Service charge and ground rent are modest, helping to keep ongoing costs low. Its proximity to hospitals, schools and direct bus links into town is a genuine convenience and supports steady tenant demand. Suitable for a cash buyer, a specialist lender, or an investor comfortable managing modest refurbishment and lease-extension work.
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