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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

£120,000
Listed on 17/04/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This property presents a unique opportunity for developers and investors, boasting a generous building plot of approximately 0.35 acres. With full planning permission secured for the construction of a four-bedroom detached house exceeding 2,000 sq/ft, the site is well-positioned about four miles from the city centre, offering convenient access to Longwater and the A47. The seller has already taken steps by obtaining nutrient neutrality credits, streamlining the planning process for potential buyers. The proposed layout includes an entrance hall, WC, lounge, family room, kitchen, utility area, garage on the ground floor, along with four bedrooms (one with an ensuite) and a bathroom on the first floor. This plot represents a prime investment in an area with growth potential.

Investment Analysis

(NR5 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£429
Avg Yield
8.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR5)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -9.0%
5 year growth: +3.4%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£425
Based on a loan of £90,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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