Affordable first-floor flat suited to investors or budget-first buyers.
Chain free — immediate completion possible
Three bedrooms in a compact 614 sqft first-floor layout
Long lease (125 years from 2000) with low ground rent (£10 pa)
Service charge £380 pa (below average) and very cheap council tax
Double glazing and gas central heating; fibre broadband available
On-street parking only; communal gardens provide external amenity
Small internal footprint — limited living space for three bedrooms
Located in a high-crime, very deprived neighbourhood (affects demand)
This first-floor three-bedroom flat on Peterkin Road offers a compact, low-maintenance living space with immediate possession and no onward chain. Set in a post‑war brick block to the south of Norwich, the flat has double glazing, gas central heating and communal gardens — features that suit both first-time buyers and buy‑to‑let investors seeking a straightforward entry-level purchase.
Internally the accommodation is modest in footprint: a spacious lounge, a small kitchen, three bedrooms and a bathroom. The layout and long lease (125 years from 2000) provide clear rental or owner-occupier potential, while low annual service charge and minimal ground rent keep running costs down. Broadband and mobile reception are strong, and local amenities, schools and transport links are readily accessible.
Buyers should note material limitations: the overall internal area is small for a three-bedroom property, on-street parking only, and the neighbourhood records higher crime and significant area deprivation which may affect resale and rental demand. The flat appears in reasonable decorative order but offers scope for updates to improve rental income or living comfort.
Summary — a pragmatic, chain‑free investment or first home with low running costs and straightforward management. It is best suited to buyers who prioritise affordability and long lease security over spacious accommodation or a low-crime location.
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