£120,000
(£260/sq. ft)
Studio for saleKing Street, Norwich NR1
1 bed
1 bath
1 reception
461 sq. ft
EPC Rating: B
About this property
Immaculately presented first-floor studio apartment
75% shared ownership opportunity, ideal for first-time buyers
Bright and versatile open-plan living and sleeping space
Modern fitted kitchen with white goods included
Spacious contemporary shower room
Generous entrance hall with useful built-in storage
Secure development with key fob entry system
Secure underground residents' parking with e-permit access
Close to Norwich Railway Station and Riverside amenities
Approximately 10-minute walk to Norwich city centre and its attractions
The Location
Austin House enjoys a prime position on King Street, one of Norwich's most historic and characterful locations, placing residents within easy reach of everything the city has to offer. Rich in heritage and atmosphere, the area is home to a variety of independent cafés, restaurants, pubs and boutique shops, whilst also benefiting from excellent access to Norwich's vibrant city centre.
One of the property's key advantages is its proximity to the popular Riverside development, located just a short walk away. Here, residents can enjoy an excellent range of leisure facilities including a cinema, gyms, riverside bars, cafés and a wide selection of restaurants, making it a fantastic destination for socialising and entertainment throughout the year.
The nearby city centre offers an abundance of shopping opportunities, from the historic Norwich Market and independent retailers of Elm Hill and the Norwich Lanes to well-known high street brands found within Chantry Place and Castle Quarter. The area is also renowned for its rich cultural offering, with theatres, galleries, museums and Norwich Cathedral all within comfortable walking distance.
For those who enjoy the outdoors, attractive riverside walks can be accessed almost immediately from the property, providing scenic routes through the city and beyond. The nearby River Wensum adds to the appeal of the location and offers a pleasant contrast to city living.
The property is exceptionally well positioned for commuters, with Norwich Railway Station approximately 0.3 miles away, providing direct services to London Liverpool Street, Cambridge and a range of regional destinations. Road users are equally well served, with convenient access to the A47 Southern Bypass and A11, connecting Norwich to wider Norfolk, Suffolk, Cambridge and beyond.
Austin House, Norwich
Perfect for first-time buyers, this immaculately presented first-floor studio apartment offers a stylish and convenient city lifestyle within the popular St Anne's Quarter development. Available on a 75% shared ownership basis, the property presents an excellent opportunity to step onto the property ladder in a sought-after Norwich location, combining modern living with superb access to local amenities.
Upon entering, a generous entrance hall creates a welcoming first impression while providing useful built-in storage, helping to maximise the available space. The apartment has been thoughtfully designed to offer both comfort and practicality, with a bright and versatile open-plan living and sleeping area that can easily be tailored to suit individual lifestyles and requirements.
The modern fitted kitchen provides a functional and attractive space for everyday living, with the added benefit of white goods included, including a washing machine and fridge/freezer. Complementing the accommodation is a spacious contemporary shower room, finished to a high standard and offering excellent functionality.
Residents benefit from secure key fob entry to the building, providing additional peace of mind, while the communal areas are well maintained and regularly cared for. Despite its central location, the apartment enjoys a pleasant and surprisingly quiet setting, creating a comfortable retreat from the bustle of city life.
A particular advantage of the property is the inclusion of a secure underground residents' parking space, accessed via an e-permit system. The current e-permit is linked to the apartment until 2028, at which point the new owner would be required to reapply, providing valuable off-road parking in a highly desirable city-centre location.
Agent’s Note
This property will be sold leasehold with approximately 120 years remaining on the lease.
Ownership: 75% Shared Ownership
Monthly Rent Payable to Orbit Housing Association: £95.39
Monthly Service Charge: £120.62
The property further benefits from a secure underground residents' parking space operated via an e-permit system. The current permit is linked to the apartment until 2028, after which a new application would be required by the purchaser.
Please note that as this is a shared ownership property, purchasers will be required to meet Orbit Housing's eligibility criteria and complete the necessary approval process prior to purchase.
EPC Rating: B
Disclaimer
Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
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More information
Tenure
Leasehold (118 years)
Service charge
£120 per year
Council tax band
A
Ground rent
£1,140
Ground rent date of next review



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