Summary - 151 CADGE ROAD NORWICH NR5 8DB
6 bed 3 bath Semi-Detached
High-yield HMO near university with large garden and off-street parking.
Six bedrooms across two floors, extended layout
A large, extended six-bedroom semi-detached house offered freehold with no onward chain — positioned within easy reach of the University of East Anglia. The property currently demonstrates strong rental potential, with a quoted income of £29,160 per annum and HMO licensing suitability already identified. Ground-floor layout includes lounge, kitchen and two shower rooms; first floor provides four bedrooms, shower room and separate WC.
This is a value-led opportunity for an investor or developer. The house benefits from mains gas central heating, double glazing (installed post-2002) and off-street parking, plus a large lawned rear garden and substantial outhouse/shed. Full-fibre broadband and excellent mobile signal support modern tenant expectations.
Material considerations are clear and important: the property sits in a very deprived, high-crime area and is in need of refurbishment in places. The building dates from the 1950s–60s with cavity walls that are likely uninsulated, so buyers should allow budget for thermal upgrades and potential electrical/plumbing improvements. The total internal area is modest for six bedrooms (about 1,034 sq ft) so some rooms are compact.
For a buyer targeting rental yield or HMO conversion, the combination of location near the university, an existing income projection, and a large plot offers upside after investment. For owner-occupiers, the house offers space but will need upgrading and careful consideration of local area factors.
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