'Rare' Grade II-listed 18th century building on sale for £1.6m

Ivory House, All Saints Green, Norwich

Ivory House, All Saints Green, Norwich - Credit: Bennett and Co

A towering historical building in the the centre of Norwich designed by a renowned architect is up for sale for £1.6 million.

This is a huge leap from when it was sold 60 years ago - for around a hundredth of the price in 1963 for £16,100.

Ivory House in All Saints Green is currently made up of seven apartments over five floors, which brings in more than £55,000 per annum.

There is existing planning permission to maximise the space and convert it into 12 separate dwellings - with conversion to the basement flat already under way.

Ed Bennett, owner of Bennett and Co - the estate agent marketing the property - said that the Grade II-listed structure is desirable not only for its historical value but its redevelopment opportunities.

Ed Bennett, owner of Bennett and Co Estate Agents

Ed Bennett, owner of Bennett and Co Estate Agents - Credit: Ed Bennett

He said of what lays behind the three storey building's front door: "It's currently let out and has tenants across seven apartments.

"It has planning permission to maximise the space within the building, moving from seven to 12 apartments but staying in-keeping with the building's traditional features.

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"It's got potential alongside keeping the preservation of the property."

Ivory House was constructed between 1771 and 1772 by Norwich architect Thomas Ivory.

The plaque outside Ivory House in All Saints Green, Norwich

The plaque outside Ivory House in All Saints Green, Norwich - Credit: Bennett and Co

Ivory, a speculative builder and craftsman, was also behind Norwich's Assembly House, Octagon Chapel and Norwich Theatre - now known as Norwich Theatre Royal - as well as St Helens House in Bishopgate and the Tabernacle, a Methodist meeting-house in Bishopsgate Street that was demolished in 1953.

He and his wife Helen are both buried in Norwich Cathedral.

"There are interested parties not wanting to maximise the space available, just wanting to renovate what is already there and restore it to its former glory," Ed added.

Norwich Buildings -- IIvory House, All Saints Green, Norwich, was built in 1771 by distinguished l

Ivory House in All Saints Green, Norwich pictured November 30, 1962 - Credit: Archant Library

"The history of this property definitely makes it desirable.

"It really depends on the type of buyer coming forward."

Ivory House was converted into militia barracks in 1860 and was restored in the early 1970s and converted to an council offices.

It was converted once more into residential apartments in the 1990s.

Norwich Buildings -- I
Ivory House, All Saints Green, Norwich, was built in 1771 by distinguished l

Ivory House in All Saints Green, Norwich pictured January 1965 - Credit: Archant Library

He continued: "There aren't many of these buildings in Norwich, they're quite rare.

"There are lots more modern blocks of apartments that are popping up everywhere. There aren't many of Norwich's historical buildings that are used as accommodation still."

Norwich Buildings -- IPlaque, sadly damaged by vandals, on wall of Ivory House on All Saints Green

The plaque for architect Thomas Ivory on Ivory House when it was damaged by vandals in May 1997 - Credit: Archant Library