APARTMENT 2
7 ST JAMES STREET, KING'S LYNN, NORFOLK PE30 5DA
£175,000
Property details
Tenure
LEASEHOLD
Last sold
£148,000 Mar 2021
Local average
£101,714 (+72.1%)
Deprivation
Decile 1 (2,640 of 33,755)
Street crime
283 incidents within 1 mile (Mar 2026)
Key features
- Luxury apartment
- Mezzanine bedroom
- Private courtyard
- Stunning features
- Town centre
- Grade II listed
Description
Located in the town centre is this stunning, luxury apartment set within the 'Tudor-gothic' style building, which was once the Lynn Savings Bank, built in the mid 1800's. The building was converted to luxury apartments in 2019 with No.2 having the enviable benefit of outdoor space to the rear.
The large, handsome, entrance door to the building is original and leads to a communal hallway with a door leading to the entrance vestibule which has under-stairs storage and a set of double doors to the utility area. The living area is superb, with its 13ft10 panelled ceiling, fine Gothic style stone windows allowing light to flood in and an opening to the kitchen area with fitted oven, hob and fridge. Doors lead to the 'L' shaped shower room which has a large wash basin, W.C. and a double width shower cubicle. Stairs lead to the stunning mezzanine bedroom which measures a generous 19ft9 in width and has a fitted wardrobe. There is also a door from the living area which leads to a rear lobby with a door that in turn leads to the private, rear courtyard measuring approximately 11ft x 6ft8.
The property is a leasehold and we understand that all owners will be issued a share of the freehold in due course. Current Service charge is £500.00 per annum with a £50.00 per annum ground rent and the lease is for 275 years from March 2021.
Council Tax Band: A.
EPC RATING: N/A
LOCATION:
King's Lynn town centre has recently undergone a regeneration programme and has direct rail links to Cambridge and London (Kings Cross). There is a wealth of shopping facilities as well as restaurants, public houses and all the usual amenities expected of a market town. Much of the town is covered under conservation area and there are many listed buildings (please be aware of this). The town is situated approximately 45 miles from Norwich City centre, approximately 105 miles from London and approximately 16 miles from the coastal town of Hunstanton.
HOW WE CAN HELP:
If you have a property to sell we can offer you a free, no obligation market appraisal. We can also pass your details on to an independent mortgage advisor for advice and we may also be able to carry out a survey for you. For more information please call us.
This plan is for illustrative purposes only and should be used as such by any prospective purchaser. Whilst every attempt has been made to ensure the accuracy of these particulars and the floorplan contained here, which are thought to be materially correct, though their accuracy is not guaranteed and they do not form any part of any contract, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission or mis-statement. None of the appliances mentioned in the details have been tested and we cannot therefore guarantee their condition, operability or working order.
Plan made with Metropix ©2014
Please note that Russen & Turner are committed to following the guidelines set out by the EU's Second Money Laundering Directive which was laid out before parliament at the end of November 2003, the regulations apply from 1st of March 2004. This involves offences under the Terrorism Act 2000 (as amended by the anti-terrorism Crime and Security Act 2001) and the Proceeds of Crime Act 2002.
Listed by
Kings Lynn
Russen & Turner
Reference: 126771836
EPC Rating & Upgrade Cost
Fetching EPC data… Refresh this page in a moment.
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Sold | 16/03/2021 (5 years ago) | £148,000 | — |
Source: HM Land Registry Price Paid Data. Crown copyright.
Sold Comparables
Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.
| Address | Price | Date | Type |
|---|---|---|---|
| STONEGATE HOUSE, 7 FLAT D STONEGATE STREET, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE30 5EF | £75,000 | 15/12/2023 | Flat |
| STONEGATE HOUSE, 7 FLAT E STONEGATE STREET, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE30 5EF | £55,000 | 19/10/2023 | Flat |
| LATH MANSION 15 BROWNE 6 NELSON STREET, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE30 5DY | £265,000 | 06/10/2023 | Flat |
| 7 APARTMENT 3 ST JAMES STREET, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE30 5DA | £155,000 | 20/05/2022 | Flat |
| 7 APARTMENT 4 ST JAMES STREET, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE30 5DA | £167,500 | 14/04/2022 | Flat |
| HAMPTON COURT 9 NELSON STREET, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE30 5DX | £70,000 | 18/03/2022 | Flat |
| 7 APARTMENT 1 ST JAMES STREET, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE30 5DA | £138,000 | 25/11/2021 | Flat |
| 1 NELSON STREET, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE30 5DY | £90,000 | 02/11/2021 | Flat |
| ALLINSON COURT 2 STONEGATE STREET, KING'S LYNN, KING'S LYNN AND WEST NORFOLK, NORFOLK, PE30 5EH | £115,000 | 25/06/2021 | Flat |
Area average: £125,611 (9 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): King's Lynn and West Norfolk. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for King's Lynn and West Norfolk. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → King's Lynn and West Norfolk.
LHA (30th percentile) floor for Kings Lynn: £547/mo (Apr 2025 – Mar 2026)
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Shop | The Record Shop | 0.0 miles |
| Shop | Retro Records & Toys | 0.0 miles |
| Bus stop | Hillington Square | 0.1 miles |
| Bus stop | Stonegate Street, adj | 0.1 miles |
| Train station | King's Lynn | 0.3 miles |
| Hospital | Queen Elizabeth Hospital | 2.1 miles |
| Train station | Watlington | 5.5 miles |
| Hospital | North Cambridgeshire Hospital | 11.4 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 117 |
| Shoplifting | 30 |
| Anti-social behaviour | 27 |
| Drugs | 23 |
| Public order | 19 |
| Criminal damage and arson | 16 |
| Burglary | 15 |
| Bicycle theft | 9 |
| Other crime | 7 |
| Other theft | 7 |
| Vehicle crime | 6 |
| Robbery | 3 |
| Possession of weapons | 2 |
| Theft from the person | 2 |
| Total incidents | 283 |
Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).
Schools nearby
Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.
| Name | Type | Distance | Ofsted |
|---|---|---|---|
| Visiting Teacher Service West | Other | 0.1 miles | — (No rating) |
| King's Lynn Nursery School | Nursery | 0.2 miles | Good — 12 Sep 2013 |
| Greyfriars Academy | Primary | 0.3 miles | Requires improvement — 14 Mar 2024 |
| Whitefriars Church of England Primary Academy | Primary | 0.3 miles | Outstanding — 17 Jul 2024 |
| Eastgate Academy | Primary | 0.4 miles | Outstanding — 1 Mar 2017 |
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 |
|---|---|---|---|---|
| 1 Bed Terraced House, St James Court, PE30 | £700/mo | 1 | 0.02 miles | OpenRent |
| 1 Bed Flat, High St, PE30 | £700/mo | 1 | 0.07 miles | OpenRent |
| 1 Bed Flat, Granary Court, PE30 | £725/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Granary Court, PE30 | £725/mo | 1 | 0.1 miles | OpenRent |
| 1 Bed Flat, County Court Road, PE30 | £800/mo | 1 | 0.2 miles | OpenRent |
| 1 Bed Flat, London Rd, PE30 | £750/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, Portland Street, PE30 | £675/mo | 1 | 0.27 miles | OpenRent |
Average rent: £725/mo (7 listings)
Rent-driven metrics
Based on OpenRent comparables.
- Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
- Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
- Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
- Gross yield — Annual rent as % of purchase price (no costs).
- Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
- Cashflow — Rent minus 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).