Characterful city-base close to station and riverside amenities.
Ground-floor one-bedroom apartment, 593 sq ft
A ground-floor one-bedroom apartment in a converted Victorian mill, this 593 sq ft home combines character features with city-centre convenience. High ceilings, exposed brick and large windows create an attractive living space that will appeal to renters or buyers seeking an urban loft feel. The long lease (999 years) and modest ground rent (£75) are practical ownership points.
Location is a major strength: Albion Mill sits within easy reach of Norwich city centre, the train station and riverside amenities, putting transport links, shops and leisure facilities on the doorstep. The property’s layout — entrance hall, open-plan living with fitted kitchen, generous bedroom and family bathroom — offers straightforward, marketable accommodation for professionals or couples.
There are important negatives to weigh. The apartment is on the ground floor in an area recorded as high flood risk, which could affect insurance costs and require flood resilience measures. Local crime statistics are very high, which may influence tenant demand, security requirements and insurer assessments. Buyers should also allow for typical maintenance and management fees associated with a converted apartment development.
Overall this is a compelling proposition for buyers focused on rental income or a city-base lifestyle who accept the extra costs and precautions linked to flood risk and local crime. An internal viewing is recommended to assess the apartment’s condition, security arrangements and any potential flood-mitigation needs before committing.
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