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Rigbys Court, Norwich, NR2

East of England

£190,000
Listed on 27/01/2026

Property Details

Bedrooms
1
Type
Terraced
Area
649 sqft

Description

This charming one-bedroom terraced property, available without a chain, presents an exciting opportunity for those looking to invest in a character-rich home in the city centre. With three levels of living space, it offers versatility and generous proportions that could appeal to first-time buyers or investors aiming to enhance value through personal touches and modern updates. The entrance greets you with a bright lounge measuring 11’2”, featuring high ceilings and a substantial window that bathes the room in natural light. The kitchen at the rear is fitted with essential appliances such as a fridge freezer, oven, hob, and microwave while also allowing for further customization with space for a freestanding dishwasher. Upstairs on the first floor, you'll find a spacious landing that includes handy storage solutions – one cupboard accommodating the washing machine with room above for a condenser tumble dryer, plus an additional storage closet. The bathroom features a shower over the bath, complementing the well-sized double bedroom that includes fitted wardrobes. Descend from the hallway to discover a basement area previously utilized as a study or dining space, providing additional flexible living options. This property is full of potential; not only does it feature gas central heating, but it also boasts its own decking area within the communal courtyard – an appealing outdoor retreat for city life. Further enhancing its desirability is its location within a conservation area on Rigbys Court, which connects St Giles Street and Bethel Street right in Norwich's vibrant heart. Residents enjoy easy access to local amenities and excellent transport links including trains to London Liverpool Street and proximity to key roads like the A47. With Norwich's blend of historical charm and contemporary urban conveniences just steps away, this property stands out as an investment waiting for someone to unlock its full potential.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -9.1% below area average per sq ft

-9.1%
Potential saving
This Property
£293/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£327
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£229,983
10% above area average per sq ft
Potential ROI
+9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +7.7%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on NR2 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

Rigbys Court, Norwich, NR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£673
Based on a loan of £142,500 over 30 years at 3.91% 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

-13.6% since listed
£190,000£10,000(-5.0%)
28/03/2026
Current price
£200,000£20,000(-9.1%)
14/02/2026
£220,000Initial listing
27/01/2026

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