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East of England
£65,000
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 two-bedroom ground floor flat in Norwich presents a solid opportunity for buyers looking to invest in a renovation project. Priced at £65,000, which is significantly lower than the local average sale price of £274,720, this property offers a cheap entry point for those willing to undertake a refurbishment. While the flat does require modernisation, with dated interiors throughout and a functional but outdated kitchen, these aspects can be transformed into a stylish living space tailored to your preferences.
The property's vacant possession allows for immediate renovation, and its location near local amenities and parks adds to its appeal. Although the project scale is light to typical, the renovation estimates range from £40,000 to £80,000, allowing for flexibility depending on the extent of the work done. This combination of a low asking price and the potential for value creation makes it an intriguing option for those looking to enter the property market or expand their portfolio.
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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