NORWICH PROPERTY INVESTMENT
Do you want to become a property investor? If you’re looking for houses in Norwich, we’ve got you covered.
NORWICH PROPERTY INVESTMENT
Do you want to become a property investor? If you’re looking for houses in Norwich, we’ve got you covered.
Discounted property with high yields
Transparent & honest throughout the process
We’re property experts with years of experience
Investment opportunities tailored to your requirements
INVESTING IN NORWICH
Whatever your reasons for choosing the Norwich area to invest, you might be eager to find out if it’s a good place to put your money. Norwich is in fact a good area to invest, it’s a popular town with a high quality of life making it a popular area for tenants and families alike.
As one of the UKs fastest growing regions, it’s a major capital for business in particular financial services, retail and tech to name a few industries. It’s also an appealing area for tourists, has great connections to London, a small airport nearby and more, that makes it a well connected town.
Another reason it’s a favourite for investors is the large universities in the area, the UAE or University of East Anglia, as well as being home to the Norwich University of the Arts. The large amount of students also make it a popular area for student lets.
CAN YOU GET GOOD YIELDS IN NORWICH?
When you take into account our great below market value property deals, we’ll make sure that you achieve a good yield.
Norwich as an overall average is respectable. The average house price according to Rightmove is roughly £258,817 in the town, merging that with the average rental figure by Home.co.uk of £1,127pcm represents a yield of 5.23%.
WHAT OPPORTUNITIES ARE AVAILABLE IN NORWICH?
As you can see Norwich is a well connected, large, diverse town and with that comes all different types of property investment opportunities. Here at The Property Sourcing Company here are just a few of the investment opportunities we get:
These tend to be normal residential houses, 2 to 3 bedrooms terrace, semi-detached, detached or flats.
They are houses that are suitable for the average renter and are sometimes known as vanilla buy to let properties.
A House of Multiple Occupancy (HMO) is a rented property occupied by at least three people who are not from one household or five or more people, forming two or more households.
This type of Buy To Let is a freehold block which offers multiple, separate or independent residential units.
This can be a variety of different types of property such as blocks of flats or houses converted into flats.
This is very similar to HMO’s and even are often referred to as non-licensable HMO’s.
They have many characteristics of a typical HMO but don’t require the licence, but they may still require planning permission from your local authority.
As the name describes, this is a commercial premises and it is when you let the property out to one or more businesses.
It’s often referred to as Commercial Landlord Mortgage, Business Buy To Let Mortgage or Commercial Investment Mortage.
NORWICH HOUSE PRICE TRENDS
Norwich as an area has a relatively high house prices compared to the rest of the country, with the exception of London, of course.
Before jumping into investing we recommend doing a lot of research around house price trends in the area, to understand what your potential capital gains could be when it’s time to sell.
Norwich generally looks to be on the up, according to Rightmove overall house prices are 6% up on the previous year.
POPULAR INVESTMENT AREAS IN NORWICH
Norwich has a lot to offer investors, and there are lots of different areas amongst the city that appeal to different kinds of investors.
Norwich is a large town and has a lot of populated suburbs. There are lots of areas that are popular for investors, we’ve listed a few of them for you below:
Arminghall
Bawburgh
Bixley
Blofield
Bramerton
Brundall
Costessey
Cringleford
Crostwick
Drayton
Taverham
Thorpe End
Trowse Newton
Witton
Dunston
Easton
Framingham Pigot
Hellington
Hemblington
Hethersett
Holverston
Horsford
Horsham
Intwood
Stoke Holy Cross
Surlingham
Swainsthorpe
Swardeston
Keswick
Ketteringham
Kirkby Bedon
Little Melton
Marlingford
Mulbarton
New Catton
Old Catton
Plumstead Green
Postwick
Rackheath
Spixworth
FREQUENTLY ASKED QUESTIONS
Have you got another question in mind that we haven’t yet answered?
Feel free to get in touch with us, and we’ll do what we can to answer all your questions, but aside from that, we put together our most commonly asked questions and answered them for you below:
Across this site and other property sourcing websites you’ll often see the term BMV, and it simply stands for Below Market Value. In reference to property, it means that we can offer you it at a lower value than what it would achieve on the open market.
That’s why we’re here! Simply fill in the form on this page, and we’ll be in touch and inform you of every property that meets your criteria.
As with any investment, you can lose money. The risk with property is somewhat minimal though, as you always get consistent returns, and if you hold the property for long enough majority of the time you can expect capital gains.
FREQUENTLY ASKED QUESTIONS
Have you got another question in mind that we haven’t yet answered?
Feel free to get in touch with us, and we’ll do what we can to answer all your questions, but aside from that, we put together our most commonly asked questions and answered them for you below:
Across this site and other property sourcing websites you’ll often see the term BMV, and it simply stands for Below Market Value. In reference to property, it means that we can offer you it at a lower value than what it would achieve on the open market.
That’s why we’re here! Simply fill in the form on this page, and we’ll be in touch and inform you of every property that meets your criteria.
As with any investment, you can lose money. The risk with property is somewhat minimal though, as you always get consistent returns, and if you hold the property for long enough majority of the time you can expect capital gains.
WHY INVEST WITH US?
We’ll get you the best deal, simple.
We aren’t middlemen, like a lot of other property sourcing companies, we have access to our own stock. How is that possible? We are part of a group of companies, which also includes a property buying company, meaning we get access to hundreds of properties across the UK every year and we’ll pass a lot of the saving on to you in return for a quick sale.
We’ll always provide you with the best deal possible, we want to be the first name you think of when you come to inevitably expanding your property portfolio.
WHY INVEST WITH US?
We’ll get you the best deal, simple.
We aren’t middlemen, like a lot of other property sourcing companies, we have access to our own stock. How is that possible? We are part of a group of companies, which also includes a property buying company, meaning we get access to hundreds of properties across the UK every year and we’ll pass a lot of the saving on to you in return for a quick sale.
We’ll always provide you with the best deal possible, we want to be the first name you think of when you come to inevitably expanding your property portfolio.
