NR2, Norwich house prices & rental yield

Postcode district in Norwich, part of the NR postcode area

Likely student area · 0.8km from Norwich University of the Arts

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Average asking price
£235k
UK avg £340k
Average rent (pcm)
£1,298
UK avg £1,300
Gross rental yield
6.6%
44% above UK avg
Net yield (estimated)
5.0%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-06)
725
604% above UK avg

Summary

NR2 has a gross rental yield of 6.6%, 44% above the UK average, ranking #2 of 30 NR postcode districts by yield.

Price history

Buy-to-let calculator

Stamp Duty (SDLT)
Deposit required
Mortgage payment (monthly)
Letting agent fee (monthly)
Est. net monthly cashflow

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

NR2 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £80k £895 4 / 3
1 £130k £680 6.3% 29 / 50
2 £230k £1,098 5.7% 74 / 14
3 £260k £1,358 6.3% 65 / 22
4 £538k £1,660 3.7% 22 / 26
5+ £950k £2,400 3.0% 5 / 18

Nearby NR postcode districts, by yield

DistrictAvg buyAvg rentYield
NR1 £200k £1,195 7.2% Compare
NR5 £260k £1,317 6.1% Compare
NR4 £335k £1,675 6.0% Compare
NR3 £220k £1,062 5.8% Compare
NR14 £375k £1,700 5.4% Compare
NR28 £275k £1,150 5.0% Compare
NR20 £350k £1,450 5.0% Compare
NR13 £425k £1,750 4.9% Compare
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