Blackburn with Darwen. Brighton and Hove. East Riding of Yorkshire. East Sussex. Greater Manchester. Isle of Wight.
Kingston upon Hull. Milton Keynes. North East Lincolnshire. North Lincolnshire. North Somerset. North Yorkshire.
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Redcar and Cleveland. South Gloucestershire. South Yorkshire. Tyne and Wear. West Berkshire. West Midlands. West Sussex. West Yorkshire. However, Norwich has cheaper property compared to much of the East of England. Property investors looking at Norwich as a buy to let should find demand from local residents, those coming to work in the area, university students as well as tourists.
According to Liveyield, Norwich can offer buy-to-let investors competitive yields.
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They say that some areas of Norwich offer up to around a 4. You can find out the relevant local authority, here. Norwich has a fairly small city living market but it appeals to those who work in the city centre as well as students. Investors can choose from new build apartment blocks and period conversions. There are also some streets with grand old houses together with traditional terraces.
The Friars Quay area is a city living type development built from the s. Norwich Over The Water is an area across the River Wensum from the city centre with good city-centre access but also its own amenities.
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It features mainly Victorian terraces and is a popular, fashionable yet good value part of the city. This part of Norwich has recently benefitted from the opening of the A Broadland Northway bypass road which has improved access to this part of the city.
It is likely to make it more attractive to live in and for future development. These areas also have good access to the Norfolk Broads and the Norfolk coastline and beaches.
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They have good city-centre access and good access to the A47 for those commuting or working out of Norwich. These areas are popular Norwich residential areas for several reasons: They have good access to both the city centre and the A11 and A South-west Norwich appeals to students, professionals and staff who work at the university, hospital and research park and particularly to family buyers and tenants. Prices vary between districts but this is generally a mid-higher price area.
Yields in the NR2 and NR4 postcodes are likely to be around 4.
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Bowthorpe, in particular, has its own shops — including the famous Roys which is a Norfolk institution — and the Bowthorpe Industrial Estate where a number of businesses are located. Norwich property investors might like to look further out too.
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Here are some other areas you could consider. Great Yarmouth is 20 miles east of Norwich. On the River Yare at the entrance to the Norfolk Broads, it is a traditional seaside resort attracting large numbers of visitors in the summer. It is also a service centre for the offshore oil and gas and renewable energy sectors.
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Lowestoft, around 22 miles east of Norwich, is located in Suffolk. It is a one-time fishing port and popular holiday resort. It still attracts tourists and holiday homeowners but today the economy is based around services, light manufacturing Birds Eye is located here and renewable energy. Note: Population estimates are based on information provided by Localstats. Buy to let yields by postcode are taken from Liveyield. Skip to main content. Quick Links Why Invest in Norwich? Why Invest in Norwich?