# 3 bedroom end of terrace house for sale (PE31 8HP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 6 GOODRICKS, KING'S LYNN, BURNHAM THORPE, NORFOLK PE31 8HP |
| Price | £350,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Last sold | £195,000 Nov 2009 |

## Description

This spacious end of terrace house has two reception rooms,  three double bedrooms, two bathrooms and a generous corner plot garden overlooking the fields.

Enter in to the hallway which has solid wooden flooring and doors to the lounge and dining room. The lounge is bathed in natural light from the dual aspect windows, with solid wooden flooring and a fireplace it is ideal for cosy evenings together. 

The dining room is open plan into the extension where the kitchen is located making it the hub of the home. The kitchen is bathed in natural light from the two windows and the skylight and has a large walk in pantry. On through the rear lobby you have the downstairs wc and shower room.

Upstairs you will find three double bedrooms and the family bathroom.

Agents Note:

The property is subject to a covenant limiting occupation to those who have lived or worked in Norfolk for the preceding three years.

## Property Photos

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## Floorplans

- ![Floorplan 1](/listings/photos/171639953/582182) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/171639953/582187) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 6 GOODRICKS, BURNHAM THORPE, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE31 8HP | £195,000 | 06/11/2009 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 8 GOODRICKS, BURNHAM THORPE, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE31 8HP | £262,000 | 10/02/2023 | Terraced |

**Street average:** £262,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £397,631 (17 Terraced, PE31, 2024–2026)
- **Deviation:** -12%

## Rental Range

*ONS Price Index of Private Rents (King's Lynn and West Norfolk). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £840/mo
- **Realistic:** £933/mo
- **Optimistic:** £1,026/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Kings Lynn (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Bungalow, Cambers Lane, PE31 | £1,250/mo | 3 | 0.96 miles | OpenRent |

**Average rent: £1,250/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.36% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 4.3%
- **Cost-to-rent:** 23.3×
- **Monthly cashflow:** £-278/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -17.6%
- **10y growth:** 8.4%

## House Price Index (HM Land Registry)

*Official index for King's Lynn and West Norfolk; Terraced series; as of March 2026.*

- **1y growth (index):** 1%
- **5y growth (index):** 12.6%
- **10y growth (index):** 40.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)