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Lime Tree Road, Norwich, Norfolk NR2 - Image 1
Lime Tree Road, Norwich, Norfolk NR2 - Image 2
Lime Tree Road, Norwich, Norfolk NR2 - Image 3

Lime Tree Road, Norwich, Norfolk NR2

East of England

£950,000
Listed on 18/03/2026

Property Details

Bedrooms
6
Type
Detached
Area
2202 sqft

Description

This spacious six-bedroom family residence offers a great canvas for those looking to invest in a property with significant renovation potential. Constructed from red brick and topped with a tiled roof, the house spans two levels and features a bright, airy layout perfect for modern family living. Currently, it awaits modernization, allowing new owners to tailor the space to their needs and desires. With five bedrooms located on the first floor, families will appreciate the generous proportions throughout. Situated on a private driveway with ample parking and an attached garage, this home also boasts a generous south-facing garden that includes a patio area and is predominantly laid to lawn, providing an excellent opportunity for landscaping improvements or outdoor entertaining. Nestled in Norwich's desirable Golden Triangle, this property benefits from being within walking distance of fine dining options, local shops, and some of the city’s most prestigious schools such as Norwich High School for Girls and Town Close Prep School. The vibrant city center is just a mile away, offering numerous commercial and cultural attractions along with excellent transport links via Norwich's main railway station and nearby international airport. This combination of location and potential makes it an exciting project for investors or those looking to create their dream home.

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
£60,000 - £100,000
Target Value
£784,429
10% above area average per sq ft
Potential ROI
-25.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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 NR2
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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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