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10 Lime Tree Road, Norwich, Norfolk, NR2 2NQ

East of England

£875,000
Listed on 23/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
3336 sqft

Description

This distinctive Grade II Listed detached house is located in a sought-after Conservation Area, available for the first time in over a century. Previously let by the Trustees of the Norwich Freemen's Charity, this property offers a unique opportunity to create a personalized residence through renovation. Constructed from brick with multiple elevations and a pitched roof, it sits on an expansive plot that promises privacy amidst mature trees and shrubs. The home spans three floors and features an entrance hall leading to three large reception rooms: the dining room, drawing room, and family room. Ancillary spaces include a breakfast room and laundry room with garden access, complemented by a cloakroom and cellar. The upper floors contain well-sized bedrooms; however, the second floor currently functions as a bedsit and would benefit from being integrated into the main living space. This flexibility allows new owners to decide on layout changes that suit their vision. The grounds are another highlight, approached by a sweeping drive that leads to the front entrance and garage. The garden’s layout presents numerous landscaping possibilities, making it appealing for those keen on outdoor enhancements. Strategically positioned in Lime Tree Road, you're close to local amenities, top-tier schools, and excellent transport links connecting you efficiently to Norwich city centre and beyond. This property not only invites your creative touch but also represents an investment opportunity that will attract diverse buyers eager for a special home in a prime location.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -18.6% below area average per sq ft

-18.6%
Potential saving
This Property
£262/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£327
Avg Yield
6.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,182,162
10% above area average per sq ft
Potential ROI
+15.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +7.7%
5 year growth: +8.1%
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

10 Lime Tree Road, Norwich, Norfolk, NR2 2NQ
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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
£3,099
Based on a loan of £656,250 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

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