Affordable renovation opportunity near city amenities and green walks.
Chain free first‑floor flat with views over Lakenham Mill
Compact 570 sq ft layout — two double bedrooms
Requires updating and modernisation throughout
Leasehold with c.85 years remaining
Service charge £330; ground rent £10; council tax very cheap
Communal gardens and off‑street residents’ parking
Close to public transport, city centre and countryside walks
Area classed as deprived — consider long‑term growth implications
First‑time buyers or investors will find clear potential in this chain‑free, two‑bedroom first‑floor flat with pleasant views over Lakenham Mill. The accommodation includes an 18' lounge/diner, a fitted kitchen, two double bedrooms and a shower room. Double glazing and gas central heating are already in place. At around 570 sq ft the layout is compact but functional, with communal gardens and off‑street residents’ parking adding practical appeal.
The property is offered as a renovation opportunity. Some updating and modernisation are required throughout — cosmetic and possibly kitchen/bathroom improvements — which creates scope to add value. The lease has approximately 85 years remaining, the service charge is £330 (below average) and ground rent is low at £10, making ongoing costs relatively modest. Council tax is very cheap.
Location is a strong selling point: tucked in a quiet cul‑de‑sac in Old Lakenham close to the Outer Ring Road, local shops, bus routes and the city centre. Countryside walks are a short distance away and schools for all ages are within easy reach. There is no flood risk and mobile and broadband connectivity are good.
Buyers should note the small overall size and the property’s need for renovation. The area is described as comparatively deprived, which may affect long‑term capital growth, and the flat is leasehold. For buyers seeking an affordable entry into Norwich or a lettable investment with immediate rental potential, this offers a practical, low‑cost starting point.
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