Guide price
£230,000
5 bed block of flats for sale17 Wisbech Road, King's Lynn, Norfolk PE30
5 beds
EPC Rating: E
About this property
For sale by auction on Wednesday, 17 Jun 2026 at 10:00
Venue: Livestream Auction
An investment opportunity to purchase this block of five flats, three currently let producing £23,400 pa with the potential all let of £39,600 pa
This block of five flats would be an ideal investment purchase, currently producing £23,400 pa, with the potential all let of £39,600 pa.
Previously one house, 17 Wisbech Road (The Old Bakery) is now separated into five individual flats.
Outside there is a courtyard to rear and and outbuilding requiring work.
Flat 1
Currently let producing £500 pcm, lounge/ kitchen, shower room and mezzanine bedroom.
Flat 2
Currently let producing £725 pcm, lounge/ bedroom, kitchen, shower room.
Flat 3
Vacated 30/4, was producing £750 pcm, lounge, bedroom, kitchen, shower room.
Flat 4
Vacated 30/4, was producing £600 pcm, studio room with kitchen area, shower room.
Flat 5
Currently let producing £725 pcm, lounge, bedroom, kitchen, shower room.
Council Tax Band
C
EPC Rating: E
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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