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102 Parmentergate Court, St John Street, Norwich, NR1 1PF - Image 1
102 Parmentergate Court, St John Street, Norwich, NR1 1PF - Image 2
102 Parmentergate Court, St John Street, Norwich, NR1 1PF - Image 3

102 Parmentergate Court, St John Street, Norwich, NR1 1PF

East of England

£50,000

Listed on 28/08/2026

The listing

Property details

Bedrooms
2
Type
Flat

Description

This two-bedroom flat, situated within a purpose-built block, presents an excellent opportunity for renovation. Located conveniently near Norwich city centre and the railway station, the property is currently vacant and requires modernisation. The first-floor accommodation includes a hallway, two bedrooms, a reception/dining room, a kitchen, and a bathroom/W.C. With local amenities just a short distance away, this flat offers both potential for investment and a comfortable living environment once refurbished.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

51out of 100
Grade DWeak opportunity

Confidence: LOW

This two-bedroom flat in Norwich presents a modest opportunity for those looking to invest in a renovation project. Priced at £50,000, which is significantly below the local average of £211,634, this property could allow for some value creation with the right improvements. While the overall condition is dated, with signs of wear visible throughout the living areas and bedrooms, the potential for refurbishment is evident. The kitchen and bathroom are functional but also in need of modernisation, providing a canvas for new owners to stamp their style.

Situated in a good location close to local amenities and Norwich Railway Station, this flat offers a strong foundation for those willing to put in the work. The renovation range of £40,000 to £80,000 gives a clear idea of the scale of the project, making it an appealing option for buyers looking to enhance their investment. Just keep in mind that while the guide price is attractive, bidding can go above this figure, so it's essential to be prepared for that possibility.

Key opportunities

  • Significant potential for refurbishment to modernise the flat.
  • Attractive guide price below local market average provides a financial advantage.
  • Good location near amenities and transport links enhances appeal.

Key risks

None recorded.

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Map

Location

102 Parmentergate Court, St John Street, Norwich, NR1 1PF
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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