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Guide price
£600,000

Property for sale

88 Catton Grove Road, Norwich NR3
Property
Added > 14 days

Features and description

  • Guide Price £600,000 - £650,000
  • Site area: 0.353 acres (STMS)
  • Commercial space: 4,058 sq. ft.
  • Residential space: 984 sq. ft.
  • Current annual income: £42,480
  • Potential for further development (STP)
  • Prime location in NR3, close to transport links and local amenities
Guide Price £600,000 - £650,000.
Presenting a unique investment opportunity, this mixed-use property occupies a generous site area of 0.353 acres (STMS) on Catton Grove Road in Norwich's NR3 district. The property comprises two traditional semi-detached houses, now combined and extensively extended, offering a total commercial space of approximately 4,058 square feet and residential space of 984 approximately square feet.

The commercial area, once two separate shops, has been merged into a large retail space with potential to be divided back into two or three units. Above the commercial space, there are two well-maintained two-bedroom apartments, currently rented, providing a stable income stream.

To the left-hand side and rear of the property is a parking area leading to a block of garages, adding to the site's versatility. With potential for further development (STP), this property is ideally positioned in a prominent location with excellent visibility, adjacent to Norwich's outer ring road and close to local amenities, making it an attractive proposition for investors seeking both commercial and residential income.

This property offers significant potential for further enhancement, making it an ideal investment for those looking to maximise returns in a thriving area of Norwich.
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About this agent

Habi Property - Norfolk
Habi Property - Norfolk
Unit 4 Dragonfly Lane Norwich, Norfolk NR4 7FF
01603 398263
Full profileProperty listings
Habi is your go-to for modern property solutions and smart investments. We're not your average suit-and-tie agent, we take a more holistic approach to providing simple and comprehensive advice, with access to a full spectrum of tailored property and investment services.
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