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East of England
£80,000
Listed on 30/09/2026
Listed on 30/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This ground floor flat in Norwich presents a solid opportunity for buyers willing to undertake a significant renovation project. The property requires modernisation throughout, with visible signs of wear in the living area, bedroom, and kitchen, as well as a dated bathroom needing complete refurbishment. The generous space and ground floor accessibility open up possibilities for a reconfiguration that could enhance both functionality and comfort. Additionally, the inclusion of an en-bloc garage is a notable asset, providing valuable parking or storage solutions.
With a guide price of £80,000, this property is positioned within a reasonable range for the area, though the lack of floor area data means that value against local £/sqf cannot be accurately assessed yet. Potential buyers should be prepared for a comprehensive renovation budget of £50,000 to £100,000, as the scope of work is extensive. Bidding could see the final price exceed this guide, so it’s essential to approach with a clear financial plan and vision for transformation.
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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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