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Lime Tree Road, Norwich

East of England

£950,000
Listed on 23/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3336 sqft

Description

This remarkable Grade II Listed detached house, nestled within a Conservation Area, presents a rare opportunity for investors and homebuyers looking to restore a historic property. Available for the first time in over 150 years, the residence boasts a solid brick construction with charming architectural details across multiple elevations. The layout spans three levels, inclusive of an entrance hall leading into three spacious reception areas: a dining room, drawing room, and family room—all of which require updating. The home features several ancillary spaces such as a breakfast room and laundry room with access to the serene rear garden. A cloakroom also connects to a cellar, enhancing storage options. The upper floors house five bedrooms, with the top level currently configured as a bedsit—an aspect ripe for reconfiguration into full living space. This property serves as an unrefined canvas that invites various renovation possibilities tailored to individual tastes. Surrounded by ample grounds and approached via an elegant sweeping driveway, the exterior offers significant privacy thanks to mature trees and shrubs. The gardens are primarily laid to lawn with flower borders, providing potential for extensive landscaping or outdoor development. Located in one of Norwich's prime areas, this home is conveniently situated near local amenities and excellent transport links. Overall, this property is ideal for those seeking to invest in or craft their dream home within a desirable locale.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -11.0% below area average per sq ft

-11.0%
Potential saving
This Property
£285/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£336
Avg Yield
6.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,174,089
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +7.0%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on NR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lime Tree Road, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,426
Based on a loan of £712,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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