NR4Broadland

NR4 Broadland & South Norwich

NR4 Broadland & South Norwich investment guide. Average gross yield 5.6%, tenant's market rental demand.

5.6%avg gross yield

£325kavg sold price (345 sales, 12mo)

Tenant's marketrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

5.6%

+5.6% vs Broadland avg (0.0%)

Average Asking Price

£325,000

high confidence (345 sales)

Est. Monthly Rent

£1,158

2-bed · 3-bed £1,539 · 5.2% yield

Price Per Sq Ft

£334

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in NR4

1-bed

£787

per month

5.0% yield

2-bed

£1,158

per month

5.2% yield

3-bed

£1,539

per month

5.6% yield

4-bed

£1,844

per month

4.7% yield

Ownership mix

NR4 vs UK average · 17,865 dwellings · Source: ONS Census 2021

Distinct tenure mix: 21% socially rented (3pp higher than the UK average of 17%).

Owned outrightNo mortgage on the property

34.3%(UK 32.9%)

+1.4pp vs UK

Owned with mortgageIncluding shared ownership

26.5%(UK 29.7%)

-3.2pp vs UK

Privately rented (BTL)Private landlord or letting agent

18.7%(UK 20.3%)

-1.6pp vs UK

Socially rentedCouncil or housing association

20.5%(UK 17.1%)

+3.4pp vs UK

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

Yield by Property Type

Gross yield breakdown across property types in NR4

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	5.9%	£255,787	£1,254
Semi-detached →	5.4%	£320,724	£1,444
Detached →	4.2%	£446,148	£1,545
Flat →	7.9%	£180,000	£1,178

Explore by strategy

Live data for each property type across Broadland.

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

About NR4 Broadland & South Norwich (NR4, Broadland)

NR4 offers attractive yields of 5.6% across a competitive market, with average property prices of £325,000 providing accessible entry points for buy-to-let investors. Three-bedroom properties perform particularly well, delivering 5.6% gross yields, making them the sweet spot for rental income relative to acquisition costs.

The area operates as a tenant's market with steady demand across household sizes. Renters span families seeking three-bedroom homes and professional singles/couples in one and two-bedroom properties, with rental income ranging from £787 to £1,844 monthly depending on bedroom count.

Investors should monitor the tenant's market conditions, which may create competitive pressure on rental growth and tenant retention. The relatively softer 4.7% yield on four-bedroom properties suggests potential oversupply in larger units, warranting careful due diligence on local demand before purchasing above three bedrooms.

Sold Price Trend - NR4

Average sold price, last 8 quarters

-3.4% over 2 years

Flip Activity - NR4

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

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+43.3%

after HPI adjust

Median hold

18 mo

Flip rate

0.1%

of all sales

Recent case studies

ipswich road

Semi

Bought Dec 22

£360k

Sold Jun 24

£490k

18 mo+43.3%*

Gross 36.1%

* 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 - NR4

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

Adjacent areas with comparable investment profiles

NR16.2%

Norwich City Centre & Broadland

Broadland

View area guide

NR26.1%

Broadland Central & Surrounding

Broadland

View area guide

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5 Corie Road, Norwich, Norfolk NR4 7JB
NR4 · 3-bed · AH UK
£250,000
29 Jul