Cash‑buyer opportunity for refurbishment or rental in a well-connected area.
- Two bedrooms, two reception rooms in a compact 531 sq ft layout
- Enclosed private rear garden
- 50 years remaining on the lease — cash buyers only likely
- Mortgage lenders may refuse due to short lease term
- Service charge approximately 1,100 per year; ground rent 30
- Medium flood risk and local area has high crime levels
- Solid brick walls assumed uninsulated; refurbishment potential
- Boiler under warranty (8 years), double glazing fitted
A two-bedroom maisonette with private rear garden close to local shops and transport links. The layout includes two reception rooms, a kitchen and a bathroom across a compact 531 sq ft — practical for rental or short-term refurbishment projects. The property benefits from gas central heating, double glazing and an eight-year-warrantied boiler.
This is offered with only 50 years remaining on the lease, so it is suited to cash buyers or investors prepared to manage lease extension costs. Mortgage lenders are likely to refuse lending on this term, and additional fees for leasehold documentation should be expected.
The building dates from the early 20th century with solid brick walls (assumed uninsulated), so refurbishment could improve energy efficiency and rental appeal. Note local challenges: the area scores high for crime and very high deprivation, there is a medium flooding risk, and average annual service charges of about 1,100 plus a small ground rent apply.
For an investor or buyer with cash, this property offers immediate occupation or a straightforward refurbishment opportunity in a well-connected part of King’s Lynn. Buyers should commission a full survey, confirm lease extension options and factor in remedial works and local market considerations before purchase.
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