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Studio
Key information
Property description & features
- Tenure: Leasehold
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.
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Property reference 27418627. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Belton Duffey - King's Lynn.
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Broadband availability and predicted speed: obtained from Ofcom on March 12, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 12, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area: obtained on June 15, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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