Summary - 15 JOSEPHINE CLOSE, NORWICH NR1 2PG
1 bed 1 bath Ground Flat
Affordable city-edge one-bed with garden, garage and buy-to-let potential.
Purpose-built ground-floor one-bedroom flat, approx. 43 sq m (461 sq ft)
A practical one-bedroom ground-floor flat with private garden and a detached garage, offered for sale by livestream auction with a guide price of £90,000 to £110,000. Extending to around 43 sq m (approx. 461 sq ft), the flat is in good decorative order, has gas central heating, double glazing and an EPC rating of C — attributes that previously supported a rental of £850 pcm when let. The property will be sold with vacant possession and 121 years remaining on the lease.
This is a clear opportunity for a buy-to-let investor or a first-time buyer seeking an affordable city-edge home. The flat’s income history, EPC, and low local crime rates support rental demand; the detached garage provides off-street parking and extra storage, although the garage is weathered and will need renovation. Annual service charge (£1,009) and ground rent (£100) are important ongoing costs to factor into yields or monthly budgets.
Note the practical drawbacks: the building’s cavity walls are assumed to have no added insulation, which may affect running costs and should be considered for future improvement works. The sale is via livestream auction on 22 October 2025 (10:00am) — read the legal pack for ground rent review provisions and additional disbursements. Administration and buyer’s premium fees apply on exchange, so include these costs when assessing total purchase outlay.
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