Two double bedrooms in modern open-plan layout
Allocated off-street parking included
Newly renovated; integrated kitchen appliances
Chain free for quicker completion
Lease only ~1 year remaining — lending likely refused
High local crime and very deprived area classification
Fast broadband and excellent mobile signal
Service charge £297 (below average)
Set in the heart of Norwich city centre, this newly renovated two-bedroom apartment offers contemporary open-plan living and allocated off-street parking. The modern kitchen with integrated appliances and bright living space suits buyers seeking a move-in ready city base or a straightforward rental let. Fast broadband and excellent mobile signal support city-working professionals and students.
Important tenure note: the lease has only around one year remaining. Many mortgage lenders will refuse to lend on properties with such a short lease; this creates a material financing risk and will limit the buyer pool unless the lease is extended. Buyers should obtain legal and mortgage advice before viewing.
Practical positives include no flooding risk, a below-average service charge at £297, and no onward chain which could speed completion. Conversely, the property is in a multicultural, high-crime, very deprived city neighbourhood — factors that may affect long-term capital growth, lettability and insurance costs.
Overall this apartment represents clear short-term convenience and contemporary finish. It will most appeal to cash buyers or experienced investors able to manage the lease issue, and to first-time buyers who secure specialist mortgage advice or a lease extension prior to purchase.
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