Affordable three-bed Victorian terrace with investment potential, sold at auction.
Three bedrooms and two reception rooms in circa 745 sq ft
Sold by Modern Method of Auction — 56-day completion required
Non-refundable Reservation Fee 4.5% (min £6,600) payable on purchase
Solid brick Victorian build; likely no wall insulation
Private courtyard garden; very small plot and limited outdoor space
High crime and very deprived local area—affects resale/rental prospects
Mains gas boiler and radiators; double glazing, install date unknown
Freehold tenure; very cheap council tax
This Victorian mid-terrace offers three bedrooms across circa 745 sq ft in central King’s Lynn, close to shops, buses and town-centre amenities. The solid brick construction and period facade provide character and scope for cosmetic and energy-efficiency improvements. Mains gas central heating, double glazing (unknown install date) and fast broadband make it immediately habitable while upgrades will add value.
The property is offered for sale by Modern Method of Auction. Buyers must complete within a 56-day reservation period and pay a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600). This makes the purchase process quicker but increases upfront costs — suitable buyers should check mortgage acceptability beforehand.
Practical positives include freehold tenure, low flood risk, very cheap council tax, and a private courtyard garden and storage area. The house sits in a very deprived, high-crime neighbourhood with a large proportion of renters; that context affects resale and rental yields and is important for family buyers to consider.
This house will suit investors or hands-on buyers seeking a low-entry central property to refurbish and rent or resell. Expect necessary maintenance and energy-efficiency work (solid walls likely uninsulated) and allow budget for refurbishment and security measures to make the most of the location and period features.
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