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Modern and Spacious 2 bed Flat property

Available
For Sale
Listed Jul 16, 2025
£190,000
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

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Guide Price £190,000 £210,000 This apartment in Norwich offers a rare investment opportunity with the potential to achieve a 19% yield, depending on the final sale price. With an occupancy rate of over 90% and an annual turnover exceeding £38,000 for the 2023 2024 period, it proves to be a highly sought after rental property. The apartment combines historical charm with modern upgrades, featuring a spacious living room, two generously sized bedrooms, and a stylish L shaped kitchen. Its central location, close to colleges and offices, ensures consistent demand from tenants, both short term and long term. With the option to secure a parking space, this well maintained property presents exceptional potential for both homeowners and investors.

The Location

Norwich NR2 is a vibrant area located in the heart of the historic city of Norwich. Known for its charming blend of urban and suburban living, NR2 features a mix of residential streets, green spaces, and a wide range of local amenities. The area is home to various cafes, shops, and independent businesses, offering a sense of community and convenience.

Close proximity to Norwich city centre makes it ideal for those who enjoy easy access to cultural attractions, historical sites, and transport links. With excellent schools and parks, NR2 also offers a great environment for families. Whether you re a young professional, student, or someone looking for a quieter neighbourhood, NR2 is a popular choice.

James Frost House

This renovated apartment in the heart of Norwich presents an incredible investment opportunity, with the potential to deliver an impressive 19% yield depending on the final sale price. Beyond its attractive interior, the property is located in a prime central area, housed within a period building that seamlessly blends historical charm with modern upgrades.

The addition of a lift and thoughtfully executed renovations elevate the property s appeal, making it an exceptional choice for both homebuyers and investors. Whether you re seeking a stylish residence or a high return investment, this apartment is truly a rare find.

The apartment s prime central location ensures consistent demand, thanks to its close proximity to colleges and offices. This makes it a top choice for serviced accommodation, as both short term and long term bookings remain strong.

The property offers further appeal with the option to negotiate a parking space with the landowner, though the price is to be confirmed by the new owner. The current maintenance fee does not include parking, but previous arrangements had been made for approximately £2,000 per year, which will now be subject to negotiation.

The spacious interior layout enhances the overall experience, beginning with a large living room that is flooded with natural light from an expansive window. This bright, open space creates a welcoming atmosphere perfect for relaxation or social gatherings. Two generously sized bedrooms provide plenty of room for comfort, while the luxurious bathroom, with its marble aesthetic and contemporary fixtures. The L shaped kitchen is a standout feature, offering abundant space for appliances and providing a functional yet stylish space for cooking and entertaining.

This well maintained, spacious property offers exceptional potential, both as a home and a high yield investment, making it a prime opportunity in one of Norwich s most sought after areas.

Agents Note

Sold Leasehold

Connected to all mains services

102 years remain on the lease

Ground Rent £200

Maintenance Average £4,500 p a


EPC Rating D

Disclaimer

Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

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Property Location

Average Price
Crime
Nearby Schools
Sir Isaac Newton Sixth Form Free School
0.1mi
Jane Austen College
0.2mi
Norwich University of the Arts
0.2mi
Norwich School
0.4mi
Bignold Primary School and Nursery
0.4mi
Nearby Stations
Norwich Station
0.7mi
Salhouse Station
5.2mi
Brundall Gardens Station
5.4mi
Brundall Station
6.3mi
Hoveton & Wroxham Station
7.7mi
Schools
Stations
On the map
Road view

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