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Stuart Gardens, Norwich

East of England

£150,000
Listed on 18/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
624 sqft

Description

This one-bedroom apartment on the first floor offers a unique opportunity for renovation and investment in a prime location just off Prince of Wales Road. Perfectly suited for first-time buyers or investors seeking a buy-to-let option, the property boasts a secure communal entrance with an intercom system that leads into a private hallway equipped with built-in storage. The layout includes a well-proportioned bedroom, a spacious lounge/diner, a fitted kitchen, and a bathroom. Although some updates are needed to bring the space to its full potential, this presents an excellent chance for buyers to undertake minor renovations that can enhance value and tailor the interior to their personal style. Additional features such as gas central heating, double glazing, and maintained communal gardens add to the overall appeal. Furthermore, there is an allocated parking space available in the residents' car park. Located in the desirable Stuart Gardens area, this property benefits from being close to various amenities. Within walking distance, you’ll find an array of pubs, restaurants, cafes, and supermarkets that cater to both everyday needs and leisure activities. The nearby riverside leisure complex includes a multiplex cinema, gym, swimming pool, and additional dining options. Residents can also enjoy peaceful outdoor spaces like the historic cathedral grounds and scenic riverside walks. For those commuting or needing easy access beyond the local area, the city’s main train station is conveniently located just a 10-minute walk away. This combination of location benefits and potential for personalization makes this property an appealing investment opportunity.

Investment Analysis

(NR1 area)

Below Market Value

This property is priced -16.1% below area average per sq ft

-16.1%
Potential saving
This Property
£240/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£260
Avg Yield
6.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£196,654
10% above area average per sq ft
Potential ROI
+19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR1)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -2.0%
5 year growth: 10.8%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE