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Hall Road, Norwich - Image 1

Hall Road, Norwich

East of England

£175,000

Listed on 06/06/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This unique development opportunity presents a freehold parcel of land spanning approximately 0.28 acres, with full planning permission approved for the construction of three two-bedroom houses. The plot is strategically located on Hall Road, an established arterial route on the outskirts of Norwich, in a desirable residential area popular among families and professionals. Notably, the site currently generates an annual income of £2,625 from three advertising billboards leased to a single tenant under a six-month notice agreement, providing an immediate revenue stream before any development project commences. With planning permission already secured and situated in a sought-after location close to Norwich's amenities, this property offers substantial potential for developers and investors looking to embark on a straightforward residential project.

Investment Analysis

(NR1 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£260
Avg Yield
6.2%

Renovation Potential

Medium 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
26
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR1)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -6.0%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on NR1 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

Hall Road, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 over 30 years at 4.45% 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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