Sold STC Flat

18

ROBINSON BANK, GEOFFREY WATLING WAY, NORWICH, NORFOLK NR1 1GG

2 beds 2 baths 67 m² Listed 10 Apr 2025 (-413d)

£215,000

Guide Price

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Property photo

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Property details

Tenure

LEASEHOLD

Floor area

67 m²

Council tax band

C

Last sold

£210,000 Oct 2025

Local average

£155,881 (+37.9%)

Street crime

600 incidents within 1 mile (Mar 2026)

Key features

  • Spacious Fifth Floor Apartment
  • Two Double Bedrooms
  • Open Plan Kitchen / Lounge
  • River Facing Aspect From Generous Balcony
  • Ensuite Shower Room
  • Close To Norwich City Centre
  • No Onward Chain

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

GUIDE ORICE £215,000 - £220,000. A light and spacious fifth floor apartment with outstanding river views and situated only a short walk from Norwich city centre and train station. The property comes with no onward chain and lift access. In brief, the property comprises; open plan lounge / kitchen, two double bedrooms, ensuite shower room, family bathroom and a generous south-facing balcony.
EPC Rating: C

Listed by

Norwich

Websters of Norwich Ltd

Reference: 160529171

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

All

All

Price history

4% since 2015

Event Date Price % change
Sold 27/10/2025 (7 months ago) £210,000 +4.5%
Sold 21/05/2015 (11 years ago) £200,995 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
GRANARY VIEW 26 PAPER MILL YARD, NORWICH, NORFOLK, NR1 2GD £150,000 06/01/2026 Flat
ASHMAN BANK 97 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1HB £215,000 19/12/2025 Flat
ASHMAN BANK 73 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1HB £200,000 18/12/2025 Flat
LOCHHEAD BANK 11 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1GF £180,000 17/12/2025 Flat
ASHMAN BANK 65 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1HB £170,000 12/12/2025 Flat
BLUE MILL 76 PAPER MILL YARD, NORWICH, NORFOLK, NR1 2GG £143,200 10/12/2025 Flat
59 KERRISON ROAD, NORWICH, NORFOLK, NR1 1JB £480,000 03/12/2025 Flat
RICHARD HAWTHORN HOUSE 310 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1GS £210,000 28/02/2025 Flat
BLUE MILL 13 PAPER MILL YARD, NORWICH, NORFOLK, NR1 2GG £140,000 20/12/2024 Flat
BLUE MILL 13 PAPER MILL YARD, NORWICH, NORFOLK, NR1 2GG £140,000 20/12/2024 Flat
LOCHHEAD BANK 18 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1GF £174,000 20/12/2023 Flat
BLUE MILL 11 PAPER MILL YARD, NORWICH, NORFOLK, NR1 2GG £110,000 29/11/2023 Flat
THE MALT HOUSE APARTMENT 102 KING STREET, NORWICH, NORFOLK, NR1 2TP £350,000 27/11/2023 Flat
RICHARD HAWTHORN HOUSE 105 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1GS £252,000 10/11/2023 Flat
47 GROUND FLOOR FLAT HARDY ROAD, NORWICH, NORFOLK, NR1 1JN £141,000 07/11/2023 Flat
ASHMAN BANK 49 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1HB £165,000 05/10/2023 Flat
ASHMAN BANK 62 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1HB £165,000 25/09/2023 Flat
51A HARDY ROAD, NORWICH, NORFOLK, NR1 1JN £127,000 15/09/2023 Flat
Same street ROBINSON BANK 24 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1GG £380,000 29/08/2023 Flat
ASHMAN BANK 77 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1HB £285,000 11/08/2023 Flat
ASHMAN BANK 52 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1HB £167,500 21/07/2023 Flat
Same street ROBINSON BANK 20 GEOFFREY WATLING WAY, NORWICH, NORFOLK, NR1 1GG £203,000 18/11/2021 Flat

Street average: £291,500 (2 sales)

Area average: £198,235 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -7%
10y growth 1.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Norwich. Series: Flats and maisonettes. As of February 2026.

1y (index) -5.9%
5y (index) -0.7%
10y (index) 14.3%

Rental Range

Estimated market rent for Norwich. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,034/mo
Realistic £1,149/mo
Optimistic £1,264/mo

Based on Local Authority from postcode lookup → Norwich.

LHA (30th percentile) floor for Central Norfolk & Norwich: £693/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NR1 1GG

Address

1 Geoffrey Watling Way

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Match Day Betting 0.1 miles
Shop Timpson 0.2 miles
Bus stop Norwich / King Street 0.2 miles
Bus stop Bracondale / Conisford Drive 0.2 miles
Train station Norwich 0.4 miles
University Broadcast House 1.1 miles
University University of East Anglia 3.1 miles
Hospital Norfolk and Norwich University Hospital:Emergency Department 3.7 miles
Train station Brundall Gardens 4.6 miles

Street-level crime

Category Count
Violence and sexual offences 204
Shoplifting 101
Anti-social behaviour 80
Public order 48
Criminal damage and arson 45
Drugs 28
Other theft 28
Burglary 12
Possession of weapons 12
Vehicle crime 11
Robbery 10
Other crime 8
Bicycle theft 7
Theft from the person 6
Total incidents 600

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Lakenham Primary School Primary 0.5 miles Good — 1 Jul 2024
Norwich Steiner School Other 0.5 miles Good — 18 Jan 2024
Notre Dame High School, Norwich Secondary 0.6 miles Good — 3 Jun 2024
Charles Darwin Primary School Primary 0.6 miles Outstanding — 10 Sep 2019
Lionwood Infant and Nursery School Primary 0.6 miles Outstanding — 18 Apr 2016

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, King Street, NR1 £1,350/mo 2 0.46 miles OpenRent

Average rent: £1,350/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.63%
Max investor price (0.8%) £168,750
Target investor price (1%) £135,000
Gross yield 7.5%
Cost-to-rent ratio 13.3×
Monthly cashflow £343/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 6.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).