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The Warehouse, 65 Pottergate, Norwich, Norfolk NR2 1DY - Image 1
The Warehouse, 65 Pottergate, Norwich, Norfolk NR2 1DY - Image 2
The Warehouse, 65 Pottergate, Norwich, Norfolk NR2 1DY - Image 3
The Warehouse, 65 Pottergate, Norwich, Norfolk NR2 1DY - Image 4
The Warehouse, 65 Pottergate, Norwich, Norfolk NR2 1DY - Image 5
The Warehouse, 65 Pottergate, Norwich, Norfolk NR2 1DY - Image 6
The Warehouse, 65 Pottergate, Norwich, Norfolk NR2 1DY - Image 7

The Warehouse, 65 Pottergate, Norwich, Norfolk NR2 1DY

East of England

£140,000
Listed on 04/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This two-story warehouse presents a compelling opportunity for those interested in renovation or investment potential. Previously used as a storage unit, the property encompasses 148 sqm (approximately 1589 sqft) and comes with four dedicated parking spaces. Its central location, nestled away yet just a short walk from the city center's shops and amenities, offers both convenience and accessibility. The ground floor features a workshop area along with an office and WC, making it suitable for various commercial uses. The first floor has separate access and is designed as an open-plan space, allowing for flexible utilization based on future needs. With appropriate planning permission, there is also the possibility of converting this space to residential use, which could enhance its value significantly in a thriving area. Additionally, the property currently holds business rates of £9,900 from April 1, 2023. Viewings can be arranged by appointment, providing prospective buyers the chance to explore this unique space firsthand. As a freehold property, it offers straightforward ownership without lease restrictions. This warehouse not only represents a solid investment opportunity but also the potential to create something distinctive tailored to your vision.

Investment Analysis

(NR2 area)
Area Average
£315/sq ft
Avg Rent (weekly)
£268
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£14,000 - £35,000
10-25% of property value
Monthly Sales
37
Average per month
Market Turnover
79%
Properties sold annually

Local Market Trend (NR2)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 13.8%
5 year growth: 19.3%
Investment Disclaimer: Analysis based on NR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Warehouse, 65 Pottergate, Norwich, Norfolk NR2 1DY
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