Norwich, NR1 1NS | Investment Property for Sale | VES-NR1-001

Opportunity to purchase an apartment in Norwich generating £9,000 rent pa & gross yield of 5.7%






Based on

deposit: £39,250

stamp duty: £5,350

mortgage fees: £1,500

conveyancing fees: £1,000






The property









1 bedroom

1 bathroom

1 reception room



Leasehold information

  • Length of lease: 250 years
  • Year lease started: 2017
  • Years left on lease: 244 years (from 2023)
  • Service charge review period: tbc
  • Ground rent review period: tbc

Property information

  • Located on the fourth floor
  • Open plan kitchen/living room
  • 1 x double bedroom
  • Bathroom
  • EPC rating C
  • Council tax band: B
  • Monthly rental income £750

Location information

  • The property is located just a short walk from the town centre
  • Many local amenities are just on the doorstep
  • Norwich railway station is a 2-minute walk away
  • Easy access to the A1042


Please note that Vesta has not visited this property and that the vendor has provided all material.


Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Norwich, Norfolk

Norwich is a cathedral city in Norfolk, by the River Wensum. It lies around 40 miles north of Ipswich, 65 miles east of Peterborough and around 100 miles north-east of London.

Norwich is very well connected by road with the A47 bypassing in the east and connecting it to Great Yarmouth, King’s Lynn and Peterborough. The A11 connects the city to Cambridge, which also leads to the M11 motorway for London and the M25. The A140 connects it to Ipswich, whilst the A146 connects it to Lowestoft.

Norwich railway station is the terminus of the Great Eastern Main Line with trains running to London Liverpool Street. It is also the terminus of the Breckland Line to Cambridge, the Bittern Line to Sheringham and the Wherry Line to Great Yarmouth and Lowestoft. There are also services to Liverpool Lime Street via Peterborough, Nottingham, Sheffield and Manchester Piccadilly.

The closest airport is Norwich Airport, which lies 4 miles outside the city centre.

Norwich is very popular for short city breaks, some its attractions include: Norwich Cathedral, Norwich Castle, Cow Tower, Dragon Hall and The Forum. There are also a number of museums, such as Norwich Castle Museum, the Museum of Norwich, Strangers’ Hall, the Royal Norfolk Regimental Museum, the City of Norwich Aviation Museum and the Norwich Printing Museum.

Shopping in Norwich is easy as the compact city centre means one doesn’t have to travel far to find the best retailers. There is a choice of shopping centres including Chapelfield and Castle Quarter and the smaller retail parks at Riverside and Cathedral Park. The majority of the independent shops can be found around the Norwich Lanes, Cathedral Quarter and Magdalen Street. Norwich also has one of the oldest and largest outdoor markets right in the city centre, with 189 stalls trading from Monday to Saturday, some on Sundays, there is something there for everyone.

Education is provided by 56 primary schools, 13 secondary schools and 8 independent schools. There are also 5 schools for children with learning disabilities and there are 3 further education colleges, City College Norwich, Access to Music and Easton & Otley College. The University of East Anglia and Norwich University of the Arts also call Norwich their home.

Norwich’s economy is largely dominated by companies in the business and financial services, public services, retail, manufacturing and tourism. To the south-west lies the Norwich Research Park, which is a community of research organisations such as the Institute of Food Research and the John Innes Center, bringing together 30 science and technology-based businesses. The University of East Anglia and the Norfolk and Norwich University Hospital are also large employers locally.

Prince of Wales Road,





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