NR5Broadland

Broadland Central & Surrounds

Broadland Central & Surrounds investment guide. Average gross yield 8.1%, tenant's market rental demand.

8.1%avg gross yield

£241kavg sold price (308 sales, 12mo)

Tenant's marketrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

8.1%

+8.1% vs Broadland avg (0.0%)

Average Asking Price

£241,196

high confidence (308 sales)

Est. Monthly Rent

£1,125

2-bed · 3-bed £1,354 · 6.1% yield

Price Per Sq Ft

£281

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in NR5

1-bed

£608

per month

3.3% yield

2-bed

£1,125

per month

6.1% yield

3-bed

£1,354

per month

6.5% yield

4-bed

£1,842

per month

6.6% yield

Ownership mix

NR5 vs UK average · 17,149 dwellings · Source: ONS Census 2021

High social-rent share: 29% socially rented (12pp higher than the UK average of 17%).

Owned outrightNo mortgage on the property

28.6%(UK 32.9%)

-4.3pp vs UK

Owned with mortgageIncluding shared ownership

24.4%(UK 29.7%)

-5.3pp vs UK

Privately rented (BTL)Private landlord or letting agent

18.1%(UK 20.3%)

-2.2pp vs UK

Socially rentedCouncil or housing association

28.9%(UK 17.1%)

+11.8pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in NR5

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	6.8%	£215,552	£1,214
Semi-detached →	6.0%	£236,842	£1,183
Detached →	5.1%	£307,436	£1,309
Flat →	8.7%	£149,000	£1,080

Explore by strategy

Live data for each property type across Broadland.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About Broadland Central & Surrounds (NR5, Broadland)

NR5 attracts property investors seeking strong gross yields of 8.1%, well above many UK regional averages. The area's average property price of £241,196 offers accessible entry points for portfolio building, with consistent rental demand across multiple bedroom sizes.

The tenant demographic is diverse, spanning from professionals in 1-bedroom properties (£608/month) to families in 3-4 bedroom homes (£1,354-£1,842/month). Yields remain competitive across all property sizes, with 4-bedroom homes achieving 6.6% gross returns, indicating a balanced market serving various household types.

Investors should note this is currently a tenant's market, meaning rental growth may be constrained and tenant acquisition could require competitive pricing. Property condition and maintenance costs warrant careful due diligence, particularly given the need to remain competitively priced in a tenant-favourable environment.

Sold Price Trend - NR5

Average sold price, last 8 quarters

+6.9% over 2 years

Flip Activity - NR5

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+104.7%

after HPI adjust

Median hold

16 mo

Flip rate

0.2%

of all sales

Recent case studies

east hills road

Terraced

Bought Oct 23

£121k

Sold Jan 25

£250k

16 mo+104.7%*

Gross 107.5%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - NR5

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

Article 4 directions cover parts of Broadland. The exact street-level coverage varies — confirm with the council before exchanging.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

Nearby Postcodes