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4 bed property
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Price History
Our Summary
- Expired planning permission to extend
- Scope for refurbishment throughout
- With an existing HMO-style setup and expired planning permission to extend the upper floors by 3 metres to the rear, this property is bursting with potential for investors, developers, or business owners alike
- While the building would benefit from some refurbishment and general modernisation, it offers significant scope for value enhancement and rental yield increase, whether retained as a combined commercial/residential unit, converted entirely to residential use (STPP), or extended to maximise footprint
- The layout includes: Four individual bedrooms (spread across both floors) A communal kitchen/diner A shared bathroom While the accommodation requires updating, it offers excellent rental potential, especially with further enhancement or reconfiguration
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Description
This property in King's Lynn town centre offers a unique opportunity to own a mixed-use freehold property, comprising a ground floor commercial unit and a four-bedroom residential flat above. The commercial space, previously a takeaway and pizzeria, has a full-width glazed shopfront and a well-equipped kitchen, while the residential flat has four individual bedrooms and a shared bathroom. The property has significant potential for value enhancement and rental yield increase, whether retained as a combined commercial/residential unit, converted entirely to residential use, or extended to maximise footprint.
With its central location, high footfall, and excellent visibility, this property is perfect for investors, developers, or business owners looking to capitalize on its potential.