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Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 1
Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 2
Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 3
Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 4
Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 5
Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 6
Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 7
Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 8
Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 9
Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE - Image 10

Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE

East of England

£130,000
Listed on 17/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This substantial 0.35-acre building plot presents a noteworthy investment opportunity, complete with full planning permission for a four-bedroom detached house boasting over 2,000 sq/ft of living space. Located approximately four miles from the city center and easily accessible via Longwater and the A47, this rectangular plot sits between 129 and 133 Norwich Road. The approved plans, granted by South Norfolk District Council on September 29, 2025, detail a well-designed home featuring an entrance hall, lounge, family room, kitchen with utility space, and a garage on the ground floor. Upstairs offers a landing that leads to four bedrooms—one with an ensuite—and a bathroom. Notably, the seller has also addressed nutrient neutrality credits required for development. This is an excellent chance for developers or individuals looking to build their own home in a desirable area.

Investment Analysis

(NR5 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£443
Avg Yield
8.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (NR5)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -7.6%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on NR5 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

Land at 131 Norwich Road, Norwich, Norfolk NR5 0LE
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£469
Based on a loan of £97,500 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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