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5 Diamond Road, Norwich, NR6 6AD - Image 1
5 Diamond Road, Norwich, NR6 6AD - Image 2
5 Diamond Road, Norwich, NR6 6AD - Image 3

5 Diamond Road, Norwich, NR6 6AD

East of England

£250,000Guide Price

Listed on 01/07/2026

Property details

Bedrooms
N/A
Type
Warehouse

Description

This property presents a unique opportunity for investors and developers. Situated on a secure site of approximately 0.44 acres (0.18 hectares), it features two main buildings: a storage depot and an office block, both originating from the 1960s. Given their age, these structures require substantial refurbishment, but they also offer significant redevelopment potential, subject to planning permissions. Located in the established Vulcan Road Industrial Estate in Norwich, just 3 miles from the city centre and near vital transport links including the airport and major roads, this site is ideal for those looking to capitalize on growth in this industrial area.

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Investment analysis

(NR6 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR6)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -5.7%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on NR6 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

5 Diamond Road, Norwich, NR6 6AD
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Mortgage calculator

£
£
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%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 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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