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Norwich, Norfolk

East of England

£200,000

Listed on 21/08/2026

Property details

Bedrooms
1
Type
Commercial Property
Area
388 sqft

Description

This unique investment opportunity features a ground floor commercial space paired with a one-bedroom flat above, positioned in the desirable NR3 area of Norwich. The ground floor shop includes a spacious main area with adjoining rooms that could be tailored to various commercial uses or converted into additional residential units, pending necessary planning approvals. A non-bisected courtyard at the rear adds potential for external improvement or outdoor service areas. The first-floor flat has its own private entrance and consists of a double bedroom, shower room, lounge, and kitchen. Currently tenanted at £700 per month, this unit offers immediate rental income potential while allowing the new owner to consider future developments for the shop below. Strategically located near local amenities and within walking distance of Norwich City centre, this property combines residential comfort with commercial viability. With options for renovation and possible conversion of the retail space into further residential accommodation, this mixed-use opportunity is ripe for investment growth.

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Location

Norwich, Norfolk
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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
£756
Based on a loan of £150,000 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

This calculation uses non-residential (land/commercial) tax rates.

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