5 bed block of flats for sale

198 Thorpe Road, Norwich, Norfolk NR1

For sale by auction on Wednesday, 17 Jun 2026 at 10:00

Venue: Livestream Auction

High yielding residential investment consisting of five let self contained flats producing £35,640 pa

This three storey mid terrace Victorian property occupies a rectangular plot and is arranged as five self contained flats. Three are one bedroom flats and two are studio flats. It has a total

gross internal area of around 200 sq/m.

Currently all are let producing £2,970 pcm (£35,640 pa).

This is an ideal opportunity for an investor looking for a high yielding investment.

On instruction of executors.

Location
It is located opposite The Fat Cat public house less than a mile south east of the city centre and near the railway station.

Tenancy Details
Flat 1 is let to a on an assured periodic tenancy at £695 pcm (£8,340 pa)

Flat 2 is let to a on an assured periodic tenancy at £545 pcm (£6,540 pa)

Flat 3 is let to a on an assured periodic tenancy at £550 pcm (£6,600 pa)

Flat 5 is let to a on an assured periodic tenancy at £730 pcm (£8,760 pa)

Flat 6 is let to a on an assured periodic tenancy at £450 pcm (£5,400 pa)

Ground Floor Flat 1 (48 sq/m)
Bedroom, living room, kitchen, bathroom

Ground Floor Flat 2 (31 sq/m)
Bedroom, living room, kitchen, bathroom

First Floor Flat 5 (54 sq/m)
Bedroom, living room, kitchen, bathroom

First Floor Flat 3 (26 sq/m)
Living room / bedroom / kitchen, bathroom

First Floor Flat 6 (37 sq/m)
Living room / bedroom / kitchen, bathroom

Outside
Front gravel garden and long rear garden with shed

EPC Ratings By Flat
Flat 1: E, Flat 2: E, Flat 3: D, Flat 4: C, Flat 5: D, Flat 6: E

Council Tax Band
A


EPC Rating: C, D, E F

Additional Fees
Buyers Premium: £600 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.