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2 bed flat for sale Paper Mill Yard, Norwich, NR1

Asking price

£200,000

Added on 24/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £297 per sq ft
Tenure: Ask agent

Council tax Band B £1,947 a year

Key features

Buy2Let Investment
Open Plan City Living
Two double bedrooms
Allocated parking space
Underfloor Heating
Close to River

About this property

Buy2Let Investment - Stylish Open Plan, 2 Bedroom Apartment with parking - Currently tenanted with a potential gross annual income of £12,600.

Situated within the historic converted Colman's factory at the popular Paper Mill Yard development (NR1), this bright and airy apartment offers a blend of traditional exterior charm and high-specification modern interiors. Located over the river from the Norwich City Football Ground, it provides excellent proximity to the train station and Riverside retail park.

Floorplan

Council tax

Band B £1,947 a year

Per year

Band A

£1,669
Band B

This home: £1,947
Band C

£2,225
Band D

£2,503
Band E

£3,060
Band F

£3,616
Band G

£4,172
Band H

£5,007

This home is in band B, which costs £1,947 a year in Norwich for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Norwich, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

36 comparables · within 2.9 miles

Priced above 61% of the 2-bed flats for sale nearby right now.

This home, £200,000 Median £167,500 · £125,000 – £272,000

Per square foot

£297 20% over

2-bed flats nearby £247

Against sold prices

3% over

NR1 sold median £288 / sq ft, 845 sales

Compared with 36 2-bed flats for sale within 2.9 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in NR1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in NR1 →

Location

Paper Mill Yard, Norwich, NR1

Open map Street View

Mortgage and stamp duty

Property price £200,000

£100k £300k

Deposit10% £20,000

£0 £200k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £180,000 mortgage. Most lenders would want a household income of about £40,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
1, Priory View, Paper Mill Yard Flat / maisonette · new build	Flat / maisonette · new build	Jun 2022	624 sq ft £272/sq ft	624 sq ft	£272	£170,000
4, Priory View, Paper Mill Yard Flat / maisonette	Flat / maisonette	Mar 2022	657 sq ft £282/sq ft	657 sq ft	£282	£185,000
14, Priory View, Paper Mill Yard Flat / maisonette · new build	Flat / maisonette · new build	Nov 2021	764 sq ft £250/sq ft	764 sq ft	£250	£191,000
17, Priory View, Paper Mill Yard Flat / maisonette · new build	Flat / maisonette · new build	Jun 2020	764 sq ft £215/sq ft	764 sq ft	£215	£164,000
4, Priory View, Paper Mill Yard Flat / maisonette	Flat / maisonette	Jul 2019	657 sq ft £259/sq ft	657 sq ft	£259	£170,000
3, Priory View, Paper Mill Yard Flat / maisonette	Flat / maisonette	Nov 2018	721 sq ft £288/sq ft	721 sq ft	£288	£207,500
4, Priory View, Paper Mill Yard Flat / maisonette	Flat / maisonette	Aug 2017	657 sq ft £265/sq ft	657 sq ft	£265	£174,000
11, Priory View, Paper Mill Yard Flat / maisonette	Flat / maisonette	Jun 2015	560 sq ft £247/sq ft	560 sq ft	£247	£138,000