Property With Potential logo Property With Potential - return to homepage
4 bed property, in 120 Norfolk Street, £320,000
>

Sponsored Get a Survey — free quotes via ReallyMoving

4 bed property

120 Norfolk Street, King's Lynn PE30
Planning
£320,000
+8.5%

Price History

Initial price £295,000
Sep 25, 2025 £290,000
Dec 6, 2025 £280,000
Jan 8, 2026 £260,000
May 12, 2026 £300,000
Jun 3, 2026 £320,000
Price Change 8.5%

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

Get alerted when similar properties are listed — Subscribe

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.