Summary - Norwich, NR1 NR1 1EQ
1 bed 1 bath Apartment
Ground-floor one-bed near Norwich station — ideal for buy-to-let or quick occupancy..
Ground-floor one-bedroom apartment, 454 sqft total area
Walking distance to Norwich Train Station and city centre
Purpose-built block with Georgian-revival exterior and high ceilings
Sold leasehold with 109 years remaining
Electric storage heaters — higher running costs likely
Slow broadband speeds; may affect some tenants/workers
Can be sold with tenants in situ — immediate rental income possible
Area: cosmopolitan student neighbourhood; steady rental demand, some deprivation
Guide-priced at £140,000, this ground-floor one-bedroom apartment in NR1 is presented as a straightforward investment opportunity. Set in a Georgian-revival block a short walk from Norwich Train Station and the city centre, the flat offers immediate rental appeal thanks to excellent local transport links and a dense mix of amenities.
The layout is efficient: entrance hall with built-in storage, open-plan lounge/kitchen, double bedroom and a three-piece bathroom. The property can be sold with tenants in situ, which could provide immediate income for a buyer. High ceilings in the building and traditional exterior character add curb appeal compared with more generic blocks.
Buyers should note material factors that affect running costs and returns. Heating is via electric storage heaters and the broadband speeds are listed as slow—both can deter some tenants and increase outgoings. The property is leasehold with 109 years remaining; this is a workable term but will be a consideration for mortgage and resale. The area is classified as a cosmopolitan student neighbourhood with migrant families and pockets of deprivation, which supports steady rental demand but may limit capital-growth prospects for some buyers.
Overall, this compact one-bedroom flat suits investors seeking a nearby-station, low-management rental in central Norwich, or a first-time buyer who prioritises location and immediate affordability. Internal viewing is advised to assess condition and tenant situation before purchase.
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