Studio Flat For Sale £59,950
78 Norfolk Street, King's Lynn , PE30

STUDIO FLAT IN KING’S LYNN TOWN CENTRE, BTL INVESTMENT OPPORTUNITY

*Recently decorated *Town centre location *Near bus and train station *Communal parking *BTL investment opportunity *CASH BUYERS ONLY

A recently decorated studio flat in King’s Lynn town centre near bus & train stations, shopping precinct, supermarkets & amenities.

The accommodation briefly comprises: Hallway, living/bedroom, kitchen and bathroom. 

Outside there is communal parking.

Ideal investment opportunity for CASH BUYERS ONLY

* Approx. 4 min walk to rail/bus stations.

* Near supermarket & town centre amenities.

King's Lynn is a historic town situated on the River Great Ouse approximately 11 miles from the Norfolk Coast. It boasts a frequent, electric main line rail link to Ely, Cambridge & London Kings Cross.

Highlights include two Market Places, Minster, Old Town, popular Quay area with waterside eateries, swimming pool & Alive Leisure Centre. The town centre has a pedestrianised shopping area with a lively combination of national retailers, specialist shops & traditional family businesses.

In the vicinity are local shops, supermarkets, primary, secondary schools & University Centre West Anglia, sports & gym facilities, a regular bus service to the town centre, access to the Queen Elizabeth Hospital & the various industrial estates.

Council Tax band A.

EPC RATING: D - The full certificate can be downloaded or provided by Belton Duffey.

HALLWAY


LIVING ROOM/BEDROOM
Storage heater. Window to rear.

KITCHEN
Base & wall units with worktops over. Integrated oven & hob. Sink & drainer. Electric water heater. Plumbing for washing machine.

BATHROOM
Shower cubicle with electric shower, wash hand basin & WC. Down-flow heater.

OUTSIDE
There is communal parking.

LEASE INFORMATION
TENURE: Leasehold

Lease length: 120 years from 29/09/1988 (approx 84 years remaining)

Ground rent-£75 per annum

Maintenance charge

There are 6 flats in the building so Buildings Insurance & one-off maintenance costs are divided between the 6 leaseholders.

The current owner pays £20 per month to build up an annual £240 reserve credit to pay for one-off building maintenance works.

Over the past 4 years this has amounted to an average of approx £303.22 per annum.

Buildings insurance

1/6th share of the 2023 premium was £246.28.