2 Bed Flat, Single Let, Norwich, NR2 1BG, £280,000





ValuationOvervalued
Sold Prices | £46.3K - £310K |
Sold Prices/m² | £756/m² - £4.2K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £4.1K/m² |
Value Estimate | £183,580£183,580 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £70,000£70,000 |
Stamp Duty & Legal Fees | £11,100£11,100 |
Total Cash In | £81,100£81,100 |
| |
Cash Out | |
Rent Range | £925 - £2,500£925 - £2,500 |
Rent Estimate | £950 |
Running Costs/mo | £1,085£1,085 |
Cashflow/mo | £-135£-135 |
Cashflow/yr | £-1,620£-1,620 |
Gross Yield | 4%4% |
Local Sold Prices
50 sold prices from £46.3K to £310K, average is £178.8K. £756/m² to £4.2K/m², average is £2.7K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£260K | 11/21 | 0.17 mi | 17, St Martin At Bale Court, Norwich, Norfolk NR1 3DZ | £2,766 | 94 | 2 | Flat | |
£195K | 09/23 | 0.24 mi | Flat 44, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT | - | - | 2 | Flat | |
£182K | 09/21 | 0.24 mi | Flat 33, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT | - | - | 2 | Flat | |
£180K | 10/21 | 0.25 mi | 4, Maidstone Road, Norwich, Norfolk NR1 1EA | £2,484 | 72 | 2 | Flat | |
£172.5K | 11/23 | 0.25 mi | 49, Maidstone Road, Norwich, Norfolk NR1 1EA | £2,695 | 64 | 2 | Flat | |
£185K | 08/23 | 0.26 mi | Flat 19, Morgan House, Rouen Road, Norwich, Norfolk NR1 1QQ | - | - | 2 | Flat | |
£310K | 06/21 | 0.27 mi | 47, Chapel Field East, Norwich, Norfolk NR2 1SF | £3,605 | 86 | 2 | Flat | |
£181K | 03/21 | 0.28 mi | Flat 6, Colman House, Pottergate, Norwich, Norfolk NR2 1DY | - | - | 2 | Flat | |
£181K | 03/21 | 0.28 mi | Flat 6, Colman House, Pottergate, Norwich, Norfolk NR2 1DY | - | - | 2 | Flat | |
£236.5K | 01/23 | 0.29 mi | 10, Roaches Court, Norwich, Norfolk NR3 1HJ | £3,942 | 60 | 2 | Flat | |
£150K | 10/21 | 0.3 mi | 33, Brooke Place, Norwich, Norfolk NR1 3EX | - | - | 2 | Flat | |
£165K | 09/23 | 0.31 mi | Flat 1, Maude Gray Court, St Benedicts Street, Norwich, Norfolk NR2 4PA | - | - | 2 | Flat | |
£200K | 10/23 | 0.31 mi | 23a, Wensum Street, Norwich, Norfolk NR3 1LA | £2,508 | 80 | 2 | Flat | |
£218K | 11/20 | 0.32 mi | 5, Maltsters Yard, Norwich, Norfolk NR1 1RQ | £3,633 | 60 | 2 | Flat | |
£180K | 01/21 | 0.32 mi | 4, Three King Lane, Norwich, Norfolk NR2 1TX | £3,051 | 59 | 2 | Flat | |
£217.5K | 03/21 | 0.35 mi | 7, St Margarets Street, Norwich, Norfolk NR2 4TU | - | - | 2 | Flat | |
£150K | 07/23 | 0.39 mi | 17, Watlings Court, Norwich, Norfolk NR2 1HA | £2,463 | 61 | 2 | Flat | |
£180K | 07/23 | 0.39 mi | 16, Watlings Court, Norwich, Norfolk NR2 1HA | £3,000 | 60 | 2 | Flat | |
£168K | 05/23 | 0.39 mi | 31, Horns Lane, Norwich, Norfolk NR1 3ER | £2,545 | 66 | 2 | Flat | |
£180K | 12/20 | 0.41 mi | 18, Unicorn Yard, Norwich, Norfolk NR3 3AL | £2,769 | 65 | 2 | Flat | |
£140K | 12/20 | 0.41 mi | 25, Fishergate, Norwich, Norfolk NR3 1SE | £2,745 | 51 | 2 | Flat | |
£207K | 01/21 | 0.41 mi | 91, Wellington Lane, Norwich, Norfolk NR2 1HJ | - | - | 2 | Flat | |
£128K | 09/23 | 0.41 mi | 24, Johnson Place, Norwich, Norfolk NR2 2SA | £1,622 | 79 | 2 | Flat | |
£190K | 07/21 | 0.44 mi | 18, St Edmunds Wharf, Norwich, Norfolk NR3 1GU | £2,562 | 74 | 2 | Flat | |
£200K | 10/23 | 0.44 mi | Flat 18, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU | - | - | 2 | Flat | |
£205K | 11/23 | 0.44 mi | Flat 35, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU | - | - | 2 | Flat | |
£215K | 03/23 | 0.44 mi | Flat 3, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU | - | - | 2 | Flat | |
£203K | 02/23 | 0.44 mi | 18, St Edmunds Wharf, Norwich, Norfolk NR3 1GU | £2,737 | 74 | 2 | Flat | |
£180K | 12/22 | 0.45 mi | 26, Blackfriars Street, Norwich, Norfolk NR3 1SF | £2,857 | 63 | 2 | Flat | |
£190K | 03/23 | 0.46 mi | 29, Wessex Street, Norwich, Norfolk NR2 2TJ | - | - | 2 | Flat | |
£92.5K | 12/22 | 0.46 mi | 17, Wessex Street, Norwich, Norfolk NR2 2TJ | £1,595 | 58 | 2 | Flat | |
£200K | 01/23 | 0.46 mi | 7, Wessex Street, Norwich, Norfolk NR2 2TJ | £3,540 | 57 | 2 | Flat | |
£46.3K | 03/21 | 0.46 mi | 39, Wessex Street, Norwich, Norfolk NR2 2TJ | £756 | 61 | 2 | Flat | |
£158K | 08/23 | 0.46 mi | 26, Mariners Lane, Norwich, Norfolk NR1 3AF | £2,469 | 64 | 2 | Flat | |
£147.5K | 10/21 | 0.46 mi | 42, Mariners Lane, Norwich, Norfolk NR1 3AF | £2,305 | 64 | 2 | Flat | |
£156.5K | 08/23 | 0.48 mi | 76, Paragon Place, Norwich, Norfolk NR2 4BP | £2,712 | 58 | 2 | Flat | |
£170K | 11/22 | 0.48 mi | 18, Wessex Street, Norwich, Norfolk NR2 2SP | £2,125 | 80 | 2 | Flat | |
£155K | 11/20 | 0.5 mi | 24, Norfolk Street, Norwich, Norfolk NR2 2SN | £2,583 | 60 | 2 | Flat | |
£165K | 03/23 | 0.5 mi | 66, Paragon Place, Norwich, Norfolk NR2 4BP | - | - | 2 | Flat | |
£177K | 07/23 | 0.51 mi | 27, Kenneth Mckee Plain, Norwich, Norfolk NR2 2TH | £2,855 | 62 | 2 | Flat | |
£143K | 09/21 | 0.55 mi | 11, Golding Place, Norwich, Norfolk NR2 4BD | - | - | 2 | Flat | |
£150K | 12/23 | 0.55 mi | 27, Wherry Road, Norwich, Norfolk NR1 1WS | £4,167 | 36 | 2 | Flat | |
£140K | 01/21 | 0.55 mi | 13, Wherry Road, Norwich, Norfolk NR1 1WS | £2,979 | 47 | 2 | Flat | |
£173.5K | 03/23 | 0.55 mi | 2, Wherry Road, Norwich, Norfolk NR1 1WS | £2,669 | 65 | 2 | Flat | |
£199.9K | 12/20 | 0.55 mi | 8, Woburn Street, Norwich, Norfolk NR2 2RQ | £3,394 | 59 | 2 | Flat | |
£165K | 10/23 | 0.57 mi | Flat 11, Marlborough House, Grove Road, Norwich, Norfolk NR1 3RQ | - | - | 2 | Flat | |
£140K | 07/21 | 0.57 mi | 16, Gordon Square, Norwich, Norfolk NR1 3HJ | £2,419 | 58 | 2 | Flat | |
£132.5K | 07/23 | 0.57 mi | 9, Gordon Square, Norwich, Norfolk NR1 3HJ | - | - | 2 | Flat | |
£138K | 09/21 | 0.57 mi | 23, Gordon Square, Norwich, Norfolk NR1 3HJ | £2,300 | 60 | 2 | Flat | |
£177.5K | 08/23 | 0.57 mi | 6, West Pottergate, Norwich, Norfolk NR2 4BN | £2,399 | 74 | 2 | Flat |
Local Rents
50 rents from £925/mo to £2.5K/mo, average is £1.3K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,400 | 06/24 | 0 mi | Castle House, Castle Meadow | 2 | Flat | |
£1,400 | 03/24 | 0.02 mi | Castle Meadow, Norwich, NR2 | 2 | Flat | |
£1,650 | 12/24 | 0.05 mi | Castle Meadow, Norwich | 2 | Flat | |
£1,500 | 06/24 | 0.09 mi | Shibleys Court, Norwich, Norfolk | 2 | Flat | |
£2,500 | 12/24 | 0.15 mi | - | 2 | Flat | |
£1,600 | 03/25 | 0.15 mi | - | 2 | Flat | |
£1,250 | 06/24 | 0.15 mi | St Peters House, Cattlemarket Street, Norwich | 2 | Flat | |
£1,450 | 12/24 | 0.16 mi | - | 2 | Flat | |
£1,600 | 03/24 | 0.16 mi | Westlegate, Norwich | 2 | Flat | |
£975 | 06/24 | 0.17 mi | Hardwick House, NR1 1DB | 2 | Flat | |
£1,200 | 12/24 | 0.17 mi | 23 Cattle Market Street, NORWICH | 2 | Flat | |
£1,250 | 12/24 | 0.17 mi | Cattle Market Street, NORWICH | 2 | Flat | |
£1,250 | 12/24 | 0.17 mi | King Street, Norwich | 2 | Flat | |
£1,350 | 12/24 | 0.19 mi | King Street, Norwich | 2 | Flat | |
£950 | 06/24 | 0.19 mi | Rouen Road, Norwich, Norfolk, NR1 | 2 | Flat | |
£950 | 06/24 | 0.19 mi | Rouen Road, Norwich, Norfolk, NR1 | 2 | Flat | |
£1,200 | 11/24 | 0.2 mi | - | 2 | Terraced House | |
£1,500 | 02/25 | 0.2 mi | - | 2 | Flat | |
£950 | 06/24 | 0.2 mi | Emms Court, Norwich | 2 | Flat | |
£1,250 | 07/24 | 0.2 mi | Upper King Street, NORWICH | 2 | Flat | |
£1,200 | 08/24 | 0.2 mi | Upper King Street, NORWICH | 2 | Flat | |
£1,295 | 03/24 | 0.21 mi | Upper King Street, Norwich, NR3 | 2 | Flat | |
£1,050 | 06/24 | 0.21 mi | Scoles Green, Norwich | 2 | Flat | |
£1,995 | 06/24 | 0.22 mi | Greyfriars Road, Norwich, | 2 | Flat | |
£1,150 | 05/24 | 0.22 mi | - | 2 | Flat | |
£1,500 | 06/24 | 0.22 mi | Greyfriars Road, Norwich, NR1 | 2 | Flat | |
£1,500 | 06/24 | 0.22 mi | - | 2 | Flat | |
£995 | 06/24 | 0.22 mi | Greyfriars Road, Norwich, Norfolk, NR1 | 2 | Flat | |
£925 | 06/24 | 0.22 mi | Greyfriars Road, Norwich, Norfolk, NR1 | 2 | Flat | |
£1,100 | 06/24 | 0.22 mi | St Cuthberts House, NR3 1FA | 2 | Flat | |
£1,350 | 12/24 | 0.23 mi | - | 2 | Flat | |
£1,600 | 12/24 | 0.23 mi | - | 2 | Flat | |
£1,300 | 08/24 | 0.23 mi | St Giles Street, Norwich | 2 | Flat | |
£1,400 | 06/24 | 0.23 mi | - | 2 | Flat | |
£1,350 | 06/24 | 0.23 mi | St Giles Street, Norwich | 2 | Flat | |
£950 | 06/24 | 0.23 mi | Tudor Hall, Norwich | 2 | Flat | |
£1,150 | 06/24 | 0.24 mi | St Giles Street, Norwich | 2 | Flat | |
£1,500 | 03/25 | 0.24 mi | - | 2 | Flat | |
£1,100 | 06/24 | 0.24 mi | Duke Street, Norwich, Norfolk, NR3 | 2 | Flat | |
£950 | 08/24 | 0.25 mi | Bethel Street, NORWICH | 2 | Flat | |
£1,250 | 02/25 | 0.25 mi | - | 2 | Flat | |
£1,250 | 03/25 | 0.25 mi | - | 2 | Flat | |
£1,200 | 08/24 | 0.25 mi | Vantage House, NR2 1EY | 2 | Flat | |
£1,300 | 08/24 | 0.25 mi | Vantage House, NR2 1EY | 2 | Flat | |
£1,495 | 12/24 | 0.25 mi | - | 2 | Flat | |
£975 | 06/24 | 0.25 mi | Prince Of Wales Road, Norwich | 2 | Flat | |
£2,250 | 06/24 | 0.25 mi | - | 2 | Flat | |
£2,250 | 05/24 | 0.25 mi | - | 2 | Flat | |
£2,200 | 10/24 | 0.25 mi | - | 2 | Flat | |
£2,200 | 11/24 | 0.25 mi | - | 2 | Flat |
Local Area Statistics
Population in NR2 | 25,78225,782 |
Population in Norwich | 366,887366,887 |
Town centre distance | 0.82 miles away0.82 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.52 miles away0.52 miles away |
| |
Rental demand | Balanced marketBalanced market |
Rental growth (12m) | -7%-7% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +14%+14% |
Property History
Listed for £280,000
October 1, 2024
Floor Plans

Description
- Located In The Heart Of The City Centre +
- Stunning Third Floor Apartment +
- Stunning Views +
- Two Double Bedrooms +
- 14
1" x 13
6" Lounge With Adjoining Kitchen/Diner + - Electric Heating +
- High Ceilings +
- En-Suite Shower Room & A Bathroom +
Guide Price £280,000 - £290,000. No Onward Chain. This stunning third floor penthouse apartment, located in the heart of Norwich City centre, offers an exceptional standard of living with its elegant design and prime location. The property features a secure communal entrance hall with intercom entry, providing both lift and staircase access to the apartment. Upon entering, you are greeted by a spacious entrance hall that leads to a generously proportioned lounge, measuring 14`1" x 13`6", where large aluminium double glazed windows offer breathtaking views of the City`s historic castle and roof top views to the rear. The adjoining kitchen/dining area is well appointed with modern fittings, creating a seamless space for entertaining and dining. The apartment boasts two double bedrooms, with the principal bedroom benefiting from an en-suite shower room for added privacy and comfort. A further good sized bathroom, finished to the same high standard, serves the rest of the apartment. Additionally, a utility cupboard provides space for a washing machine and storage ensuring convenience in daily living. The property features electric heating and high ceilings throughout, adding to the sense of space and luxury. Finished to an impeccable standard, this penthouse apartment combines modern living with stunning city views. Early viewing is highly recommended to appreciate the quality and location of this exceptional property.
This luxurious penthouse apartment is situated in the heart of the City on Castle Mall, offering an unbeatable location just steps away from all the city`s fantastic amenities. A vast selection of pubs, restaurants, and charming cafés are right at your doorstep, along with boutique shops and major shopping malls. The street is lined with convenient bus stops, providing easy access to numerous destinations, while the main bus station and train station are both within a short walking distance. Whether you`re looking to explore the vibrant nightlife, indulge in some retail therapy, or simply enjoy the City`s best dining spots, this penthouse places you at the centre of it all.
Communal entrance doors with secure intercom entry
Ground Floor Lobby
Lift and staircase to the third floor, inner lobby and front door to:-
Entrance Hall
Doors to all rooms.
Utility/Storage Cupboard
Hot water tank, space for a washing machine, air vac air purifying unit.
Bedroom 1 - 14'6" (4.42m) x 13'9" (4.19m)
Double glazed aluminium window to the rear with rooftop views, door to:-
En-Suite
Double shower cubicle, wash basin, low level WC, tiled splashbacks, shaver socket, extractor fan, electric towel radiator.
Bedroom 2 - 13'3" (4.04m) x 9'7" (2.92m)
Double glazed aluminium window to the rear with rooftop views.
Bathroom - 8'5" (2.57m) x 8'5" (2.57m)
Panelled bath with mixer shower over, shower screen, low level WC, wash basin, tiled splashbacks, shaver socket, electric towel radiator.
Lounge - 14'1" (4.29m) x 13'6" (4.11m) Plus Recess
Double glazed aluminium window to the side with stunning views towards the castle, double glazed aluminium window to the rear with rooftop views, opening to:-
Kitchen/Diner - 12'0" (3.66m) x 8'1" (2.46m)
Fitted with a quality range of base and wall units, work surfaces, inset one and a half bowl sink and drainer with mixer taps over, electric hob with extractor over, electric oven and grill, integrated dishwasher, space for a fridge/freezer.
Agents Note
There is no parking with the apartment, however, the current vendors have an annual permit at Rose Lane multi storey car park. There are other City car parks which also provide the same service.
Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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