Modern, low-maintenance flat ideal for first-time buyers near Norwich amenities.
- Turn-key two-bedroom flat with open-plan kitchen/living and private balcony
- 40% shared ownership available; option to purchase 100% later
- Long lease: 997 years remaining
- Annual ground rent approx £4,097.16; service charge approx £1,875/year
- Electric storage heating; potential for higher energy bills
- Allocated off-street parking and double glazing throughout
- City-centre location within easy walking distance of shops and transport
- Local area records higher crime and relative deprivation
This well-presented two-bedroom flat in Austin House offers a practical, move-in ready option for first-time buyers seeking city-centre living. The open-plan kitchen/living space, contemporary fitted units and private balcony create a light, social home with easy access to shops, restaurants and cultural amenities in central Norwich.
Practical features include allocated off-street parking, double glazing throughout and an EPC rating of B. The apartment sits in a modern 2020 development and benefits from a long lease (997 years) with the potential to buy either 40% shared ownership now or 100% later — a helpful route onto the property ladder.
Buyers should note the ongoing costs: an annual ground rent quoted at approximately £4,097.16 and average service charges around £1,875 per year (circa £146.25 pcm). Heating is electric storage heaters, which can mean higher running costs compared with gas central heating. The local area shows higher crime levels and relative deprivation, so consider on-site security and local amenity needs when viewing.
Overall this apartment suits someone prioritising central location, modern finish and straightforward, low-maintenance living — particularly first-time buyers or investors comfortable with shared ownership and leasehold costs. Viewing is recommended to judge the space, balcony aspect and proximity to transport links for your needs.
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