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Lime Tree Road, Norwich, Norfolk - Image 1
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Lime Tree Road, Norwich, Norfolk

East of England

£950,000
Listed on 03/03/2026

Property Details

Bedrooms
6
Type
Detached house
Area
2202 sqft

Description

This six-bedroom family home presents a significant opportunity for renovation and enhancement. Constructed from red brick and topped with a tiled roof, this property spans two floors and boasts ample natural light throughout. With five of the bedrooms located on the first floor, there is considerable potential to modernize and expand the living space, possibly through extensions, subject to obtaining the necessary planning permissions. The home has been in the same family for an extended period, signifying a chance for new owners to put their mark on it. Access is gained via a private driveway that accommodates multiple vehicles alongside a garage. The generously sized south-facing garden features a patio area and is predominantly laid to lawn with established shrub borders, offering an inviting outdoor space that could be further developed. Situated in Norwich's prestigious Golden Triangle, the house is conveniently located within walking distance to numerous pubs, restaurants, local shops, and well-regarded independent schools such as Norwich High School for Girls and Town Close Prep School. Norwich city centre lies just a mile away, providing access to a wide array of cultural and commercial offerings. Additionally, public transport options are excellent with regular train services to London and Cambridge from the nearby railway station, along with Norwich International Airport located north of the city facilitating both domestic and international travel.

Investment Analysis

(NR2 area)

Above Market Value

This property is priced +33.2% above area average per sq ft

+33.2%
This Property
£431/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£327
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£784,429
10% above area average per sq ft
Potential ROI
-23.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
60%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +7.4%
5 year growth: +10.7%
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, Norfolk
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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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