Summary - 88-90, CATTON GROVE ROAD NR3 3AA
1 bed 1 bath Mixed Use
Freehold mixed-use site with income and redevelopment scope close to city amenities.
Produces £42,540 per annum across shop, two flats and garage/workshop
A substantial mixed-use freehold on Catton Grove Road, currently producing £42,540 per annum from retail, two flats and a garage/workshop. The site sits on a prominent north-city ring road corner with a large car park and off-street parking, offering clear income today and redevelopment potential subject to planning.
The property is offered at auction with a guide of £500,000–£550,000 — suitable for investors or developers seeking a holding with immediate cashflow. Two flats are let on assured shorthold tenancies and the commercial units are occupied, creating an established revenue stream. EPC ratings are E for the shop and C for the flats.
Redevelopment upside exists (STPP) thanks to plot size, corner position and existing car park, but planning is not granted. Buyers should factor in the auction buyer’s premium and administration fee, and consult the legal pack for disbursements. The area is classified as deprived with average crime and fast broadband — practical for rental demand but may affect yields and repositioning costs.
High street retail property for sale in Catton Grove Road, Norwich, NR3 — £580,000 • 1 bed • 1 bath • 5042 ft²
2 bedroom apartment for sale in Aylsham Road, Norwich, NR3 — £275,000 • 2 bed • 2 bath • 624 ft²
2 bedroom mixed use property for sale in Aylsham Road, Norwich, NR3 — £275,000 • 2 bed • 2 bath • 1482 ft²
Terraced house for sale in (under Auction conditions, NR2 — £300,000 • 1 bed • 1 bath
Out-of-town retail property for sale in 71-73 New Botolph Street, Norwich, Norfolk, NR3 — £550,000 • 1 bed • 1 bath • 6567 ft²
Commercial property for sale in Gloucester Street, Norwich, NR2 — £300,000 • 1 bed • 1 bath • 452 ft²
