6-bedroom house · NR2 2NQ
Listing removedReduced £50k (−5.3%) on 21 JunListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
23 Lime Tree Road is a charming six bedroom family house in need of modernisation. The property is of red brick construction under a tiled roof, set over two storeys.
The house is light and airy and offers well-proportioned family-sized accommodation with five first floor bedrooms.
23 Lime Tree Road has been occupied by the same family for some time and offers incoming purchasers the opportunity to improve and extend the property (subject to the neccessary planning permission).
The property is accessed via a private driveway with parking available for several vehicles, with associated garage.
To the rear of the property is a generous south facing garden with patio seating area and is mainly laid to lawn with shrub and hedge borders.
23 Lime Tree is located on one of Norwich's most sought after addresses in Norwich's Golden Triangle.
The property is situated within walking distance of several fine public houses and restaurants as well as local amenity shops, and the renowned independent schools, Norwich High School for Girls and Town Close Prep School.
Norwich city centre is one mile away offering a comprehensive range of commercial entertainment and cultural amenities.
Norwich has a main railway station providing a regular service to London and Cambridge.
On the north side of the city is Norwich International Airport which caters for both domestic and international flight destinations.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 23, Lime Tree Road, Norfolk
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