1/8
£325,000
2 beds · 2 baths
Dyes Loke, Aylsham, Norwich
0.02 miles
away
Freehold
Added on 16/09/2026 William H. Brown
1/7
1/7
£185,000
Asking price 2 bed in aylsham for sale Penfold Street, Aylsham, Norwich, Norfolk, NR11
2
beds In Aylsham
Leasehold
Added on 16/09/2026
About this property
A well-located retail unit on Penfold Street, right in the bustling town centre of Aylsham, a historic market town in North Norfolk known for its thriving local economy and strong community. The property is ideally positioned close to a variety of independent shops, cafes, and professional services, benefiting from consistent footfall and excellent visibility. The unit is let to Kingsley Healthcare, a well-established healthcare recruitment company, on a secure 5-year lease from May 2024 to May 2029, producing an annual rental income of £15,360, with an upwards-only rent review in May 2027, offering potential income growth.
Key features
- Prime location on Penfold Street in the heart of Aylsham
- Secure tenant: A well-established healthcare recruitment company
- Lease term: 5-year lease from May 2024 to May 2029.
- Annual rental income: £15,360 per annum
- Established commercial area, ensuring sustained footfall and long-term demand
- Fully fitted-out property, reflecting the tenant’s long-term commitment
- Low management requirement, with a single, creditworthy tenant in place
- Strong investor appeal, combining prime retail location and reliable income
- Immediate income stream, with no void periods anticipated
- Potential capital appreciation due to location and tenant improvements
Location
Penfold Street, Aylsham, Norwich, Norfolk, NR11, NR11 6ET
- Council tax
- Band D (Approx £2,460/year)The agent has not stated the band, so band D is shown as the local reference: North Norfolk's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £185,000
£92k £278k
Deposit10% £19,000
£0 £185k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £166,000 mortgage. Most lenders would want a household income of about £37,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in NR11 6ET. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 9b, Penfold Street Terraced | Terraced | Feb 2026 | 732 sq ft £243/sq ft | 732 sq ft | £243 | £177,500 |
| Flat4, 9, Penfold Street Flat / maisonette | Flat / maisonette | Mar 2025 | — | — | — | £175,100 |
| Flat 2, 9, Penfold Street Flat / maisonette | Flat / maisonette | Jun 2023 | 581 sq ft £225/sq ft | 581 sq ft | £225 | £131,000 |
| 11a, Penfold Street Flat / maisonette | Flat / maisonette | Oct 2022 | 474 sq ft £306/sq ft | 474 sq ft | £306 | £145,000 |
| Flat 5, 9, Penfold Street Flat / maisonette | Flat / maisonette | Aug 2021 | — | — | — | £139,000 |
| 9b, Penfold Street Terraced | Terraced | Dec 2019 | 732 sq ft £205/sq ft | 732 sq ft | £205 | £150,000 |
| 9a, Penfold Street Terraced | Terraced | Aug 2019 | 753 sq ft £206/sq ft | 753 sq ft | £206 | £155,000 |
| Flat4, 9, Penfold Street Flat / maisonette | Flat / maisonette | Aug 2019 | — | — | — | £131,000 |
Area insights
The neighbourhood around this property.
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