1/13

1 bed flat for sale Hobart Lane, Norwich

For Sale

£120,000

Added two days ago

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £265 per sq ft
Tenure: Leasehold

Council tax Band A

About this property

SUMMARY Occupying a top-floor position, this well-proportioned 1 bedroom apartment presents an appealing opportunity for first-time buyers, those looking to downsize or investors seeking a conveniently placed Norwich property. Offered with No Onward Chain, the accommodation provides a practical layout with plenty of scope for a new owner to add their own style. The lounge/diner forms the heart of the home, with a large window allowing plenty of natural light to fill the space and ample room for both relaxing and dining.

Floorplan

Council tax

Band A

Price guide

59 comparables · within 2.7 miles

Cheaper than 56% of the 1-bed flats for sale nearby right now.

This home, £120,000 Median £135,000 · £90,000 – £180,000

Per square foot

£265 4% under

1-bed flats nearby £277

Compared with 59 1-bed flats for sale within 2.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Hobart Lane, Norwich

Open map Street View

Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 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.