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Dial House, Ipswich Road

East of England

£70,000Guide Price

Listed on 15/07/2026

Property details

Bedrooms
1
Type
Apartment
Area
612 sqft

Description

This one-bedroom flat on the first floor presents an excellent opportunity for refurbishment and investment. Nestled in a quiet residential area, this property benefits from off-street parking and an attached garage, offering practical amenities for future occupants. The apartment is part of a purpose-built three-storey development from the mid to late 20th century, surrounded by mature communal gardens that enhance its appeal. Inside, you'll find spacious rooms including a combined living and dining area that connects to the kitchen, and a generously sized double bedroom. The layout includes a separate W/C and bathroom, along with two storage areas conveniently located in the hallway for added functionality. Ideally situated close to local amenities, Norwich City College is just 0.2 miles away while the Castle shopping centre is 0.6 miles away, making this location highly desirable. With easy access to Norwich train station—approximately 1.2 miles away—this property could serve well for commuting professionals or students alike. This flat is offered at a public auction scheduled for Wednesday, 5th August 2026 at the Delta Marriott Hotel in Milton Keynes.

Investment analysis

(NR2 area)

Below Market Value

This property is priced -64.5% below area average per sq ft

-64.5%
Potential saving
This Property
£114/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£311
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£217,040
10% above area average per sq ft
Potential ROI
+128.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +4.3%
5 year growth: +8.9%
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

Dial House, Ipswich Road
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£264
Based on a loan of £52,500 over 30 years at 4.45% 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

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