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9 Sheep Meadow Close, Norwich, Norfolk, NR5 0QQ - Image 1
9 Sheep Meadow Close, Norwich, Norfolk, NR5 0QQ - Image 2
9 Sheep Meadow Close, Norwich, Norfolk, NR5 0QQ - Image 3

9 Sheep Meadow Close, Norwich, Norfolk, NR5 0QQ

East of England

£65,000

Listed on 13/09/2026

The listing

Property details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground floor flat presents an excellent opportunity for renovation and investment. Located in a purpose-built block, the property is currently vacant and requires modernisation, making it ideal for those looking to add value through refurbishment. The flat features an entrance hallway, two bedrooms, a reception room, a bathroom, and a kitchen. Situated on Sheep Meadow Close, it benefits from proximity to various amenities and easy access to Norwich city centre. With recreational facilities nearby, this flat is well-positioned for both living and investment potential.

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 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 While the flat does require modernisation, with dated interiors throughout and a functional but outdated kitchen, these aspects can be transformed into a stylish living space tailored to your preferences.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.

Key opportunities

  • Vacant possession allows for immediate renovation.
  • Good location with access to amenities and recreational spaces.
  • Potential to significantly increase value through refurbishment.

Key risks

None recorded.

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Map

Location

9 Sheep Meadow Close, Norwich, Norfolk, NR5 0QQ
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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
£246
Based on a loan of £48,750 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

Stamp duty calculator

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

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