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Stuart Gardens, Norwich

East of England

£150,000
Listed on 08/10/2025

Property Details

Bedrooms
1
Type
Apartment
Area
624 sqft

Description

This first floor apartment features two bedrooms and is situated in a desirable location just off Prince of Wales Road, combining accessibility with potential for enhancement. Perfectly suited for first-time buyers or investors interested in a buy-to-let scenario, the property includes a secure communal entrance that leads to a welcoming private hallway equipped with built-in storage. Inside, you'll find two spacious bedrooms alongside a sizeable lounge/diner, a fitted kitchen, and a bathroom. The apartment benefits from gas central heating and double glazing, ensuring comfort throughout the year. Well-maintained communal gardens accompany an allocated parking space within the residents' car park. Although some updating and modernization are necessary, this property presents an invaluable opportunity for buyers looking to undertake a modest renovation project that can significantly increase its value while allowing them to tailor the space to their individual preferences. Located in the tranquil Stuart Gardens area, just off Prince of Wales Road, this home enjoys a secluded ambiance while still being close to local amenities such as pubs, restaurants, cafes, and supermarkets. A short stroll will take you to the riverside leisure complex featuring cinemas, gyms, pools, and additional dining options. For outdoor enthusiasts, scenic riverside walks and historic cathedral grounds are also in proximity. Additionally, commuting is made easy with the city's main train station located only 10 minutes away on foot.

Investment Analysis

(NR1 area)

Below Market Value

This property is priced -16.9% below area average per sq ft

-16.9%
Potential saving
This Property
£240/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£252
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£198,576
10% above area average per sq ft
Potential ROI
+13.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR1)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -5.8%
5 year growth: +1.5%
Investment Disclaimer: Analysis based on NR1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Stuart Gardens, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-3.2% since listed
£150,000£5,000(-3.2%)
13/11/2025
Current price
£155,000Initial listing
18/10/2025

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