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Clarendon Road, Norwich NR2 - Image 1
Clarendon Road, Norwich NR2 - Image 2
Clarendon Road, Norwich NR2 - Image 3

Clarendon Road, Norwich NR2

East of England

£310,000
Listed on 10/04/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This is an exceptional investment opportunity located in the highly desirable Golden Triangle area. The property features 11 lock-up garages, each equipped with up-and-over doors, alongside two designated parking spaces. These garages are organized into three separate blocks that encircle a central courtyard, enhancing their utility and accessibility. Additionally, there is a small brick outbuilding that presents further potential for development or storage. Currently, all units are individually leased under licenses, generating a total annual income of £12,384.00. With some strategic renovations or reconfigurations, there is significant potential to enhance rental yields or repurpose the site entirely.

Investment Analysis

(NR2 area)
Area Average
£322/sq ft
Avg Rent (weekly)
£327
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

Clarendon Road, Norwich NR2
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,098
Based on a loan of £232,500 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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