Modern open-plan flat with secure underground parking, ideal for investors.
No onward chain; second-floor one-bedroom apartment
A deceptively spacious one-bedroom apartment in the heart of Norwich city centre, offered with secure underground parking and no onward chain. The open-plan living room with Juliette balcony and modern fitted kitchen provides a practical layout that rents well to students and city professionals. The long lease (231 years) gives security for buyers; council tax is very low.
This property is sold via Modern Auction. Bidders should be aware of an undisclosed reserve price and mandatory buyer fees, including a non-refundable reservation fee and additional auction pack costs. Completion is required within 56 days of sale; prospective purchasers must complete their own due diligence and checks before bidding.
The building is contemporary (circa 2003–2006) with double glazing and communal gardens, but the surrounding neighbourhood is a cosmopolitan, predominantly student area with high local crime levels and significant area deprivation. Heating is electric with a boiler and radiators, which could mean higher running costs than gas alternatives.
For investors, the flat presents straightforward rental potential due to its central location, nearby amenities and public transport links. For buyers seeking a low-maintenance city pied-à-terre, the secure parking and modern interior are genuine pluses — but factor in auction costs, local crime statistics and likely tenant profile when deciding to proceed.
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