4 bed property

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4 bed property

120 Norfolk Street, King's Lynn PE30
£280,000

Price History

Initial price £295,000
25/09/25 £290,000
06/12/25 £280,000
Price Change -5.08%

Description

This versatile property in King's Lynn town centre offers a unique opportunity for investors, developers, or business owners. The mixed-use freehold property comprises a ground floor commercial unit, previously a takeaway and pizzeria, and a four-bedroom residential flat above. The commercial space features a prominent shopfront and well-equipped kitchen, while the residential flat requires updating but offers excellent rental potential. The property has expired planning permission to extend the upper floors, providing significant scope for value enhancement and rental yield increase. Located on a busy pedestrian thoroughfare, the property enjoys high footfall and excellent visibility, with nearby amenities including the train station, shopping centre, and car parks. With some refurbishment and modernisation, this property offers a lucrative investment opportunity or a chance to create a unique business venture.