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East of England
£50,000
Listed on 13/09/2026
Listed on 13/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This one-bedroom ground floor flat offers a competitive asking price of £50,000, which is significantly below the local average sale price of £274,720. While the absence of usable floor area prevents a full £/sqf evaluation, the price presents a modest opportunity for those looking to invest in a property needing modernisation. The flat is part of a purpose-built block and is well-located near amenities and transport links to Norwich city centre, making it a potentially attractive option for buyers willing to undertake some refurbishment.
The property is dated and shows signs of needing modernisation across the living spaces and bedroom. However, these visible works provide a blank canvas for improvements, allowing future owners to tailor the space to their preferences. Given the overall condition, this flat represents a light project scale, making it suitable for those looking to add value without a heavy renovation burden.
None recorded.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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