Summary - 59, KING STREET NR1 1PH
1 bed 1 bath Commercial Property
Spacious three‑storey terrace with parking — ideal for investor redevelopment.
Large three-storey terrace building, 2,759 sq ft
Off-street parking for six vehicles — rare city‑centre asset
Vacant — immediate possession for refurbishment or redevelopment
To be sold at auction on 6 November — quick sale timetable
City centre location with strong amenity and transport links
Area classed very deprived with high local crime rates
Requires refurbishment; suitability for mixed‑use conversion
Confirm tenure details despite reported freehold status
A substantial three‑storey terrace in the heart of Norwich, offered vacant and ready for repositioning. At 2,759 sq ft with off‑street parking for six vehicles, the building suits a range of commercial or mixed‑use conversions close to shops, cafés and public transport. The property will be sold at auction on 6 November, making it attractive to buyers seeking a clear, time‑limited purchase route.
The location delivers strong footfall and city‑centre amenity access, plus excellent mobile signal and fast broadband—useful for modern office or serviced‑workspace operators. The building’s size and three levels create scope for subdivision, short‑term rental, or a combined business and residential scheme (there is one recorded bedroom and one bathroom). Parking for six vehicles is an uncommon local benefit.
Buyers should be aware of material considerations: the surrounding area is classified as very deprived and records higher crime levels, factors that affect lettability and covenant strength. The property is vacant and will need refurbishment to reach contemporary standards; renovation costs should be factored into any acquisition budget. Tenure details should be confirmed despite earlier information indicating freehold.
This is a pragmatic opportunity for an investor or developer who can move quickly at auction, accept the urban context, and deliver a refurbishment or repurposing plan to unlock rental or resale value.
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