Rental yields & buy-to-let in NR1: Norwich
The indicative gross rental yield in NR1 (Norwich) is 6.3%. That pairs the ONS mean private rent of £1,149 a month across Norwich (£13,788 a year) with the £220,000 HM Land Registry median sold price for NR1. Because the rent is local-authority level and the price is outcode level, treat this as an area indicator, not an address-level figure.
Indicative, area-level gross yield (LA rent ÷ outcode median price). Not an address-level or net figure.
Central Norwich, the high-demand Norfolk city market.
Rent vs price in NR1
The yield is built from two real published figures — the ONS mean private rent for Norwich and the HM Land Registry median sold price for NR1:
| Figure | Value | Source & granularity |
|---|---|---|
| Mean monthly rent | £1,149 | ONS PIPR — Norwich (LA-level) |
| Annualised rent | £13,788 | rent × 12 |
| Median sold price | £220,000 | HM Land Registry — NR1 (outcode-level) |
| Indicative gross yield | 6.3% | annual rent ÷ median price |
ONS records rents across Norwich rising +2.2% over the past year.
Gross yield is before mortgage interest, voids, management, maintenance, ground rent / service charge and tax. Net yield is materially lower.
Mean rent by bedrooms in Norwich
| Property size | Mean monthly rent |
|---|---|
| 1 bedroom | £782 |
| 2 bedrooms | £977 |
| 3 bedrooms | £1,142 |
| 4+ bedrooms | £1,592 |
ONS Price Index of Private Rents mean rent by bedroom category for Norwich, ONS PIPR, edition published 20 May 2026. Figures are local-authority level.
Buy-to-let context for NR1
A yield is only half the picture. Buy-to-let and second homes pay the additional-property SDLT surcharge — currently +5 percentage points on every band on top of the standard residential rates (England & Northern Ireland). On the £220,000 NR1 median that is an upfront cost to include in your calculations.
Insurability flag for the NR1 area
This screen brings together available flood and ground records at the representative point for NR1. Use the source findings below to identify questions for the property's surveyor, insurer or lender. Missing source results remain unknown.
flood: recorded nearby · coal: no point match · subsidence: Improbable · radon: 1/6
recorded flooding nearby
outside the queried coal coverage
clay-subsidence change Improbable
radon band 1/6 (below Affected-Area threshold)
Hazard risk is mapped below outcode level — these flags describe the area, not a single property. Check the exact address with the tools below.
Check the available records for one NR1 address
The £24.99 Complete report brings together available property risks and neighbourhood context in a PDF for one address. It explains public-source findings, coverage gaps and questions to investigate further. Your PDF is sent by email.
Frequently asked questions
What is the rental yield in NR1?
The indicative gross rental yield in NR1 (Norwich) is 6.3% — the ONS mean private rent of £1,149/month for Norwich, annualised, divided by the £220,000 HM Land Registry median sold price. It is a gross figure (before mortgage interest, voids, management, maintenance, ground rent and tax) and is area-level, not address-level.
How is this yield calculated?
Gross yield = annual rent ÷ price. The rent is the ONS Price Index of Private Rents mean for the outcode's local authority (ONS PIPR, edition published 20 May 2026); the price is the median of recent HM Land Registry Price Paid sales in the outcode. Both are real published figures, but mixing an LA-level rent with an outcode-level price makes the result indicative — use it to compare areas, then check the exact property before you buy.
What about buy-to-let stamp duty in NR1?
Buy-to-let and second homes pay the additional-property SDLT surcharge — currently +5 percentage points on every band on top of the standard residential rates (England & NI). On the £220,000 NR1 median that is an upfront cost to include in your calculations. Use the HouseCheckup stamp-duty calculator with the additional-property toggle.
Are there flood, coal or subsidence risks that affect insurability in NR1?
flood: recorded nearby · coal: no point match · subsidence: Improbable · radon: 1/6 For a landlord these are insurability and mortgageability questions, not just safety ones — a flood or subsidence flag can raise premiums or narrow the lender pool. This is an area-level screen at the representative point for NR1; risk varies street by street, so check the exact address before you offer.
Rental yields in nearby areas
Prime central London around Westminster and St James's, one of the UK's most expensive markets.
Prime central Chelsea, period townhouses and mansion flats commanding premium prices.
Battersea and Clapham Junction, a high-turnover riverside market popular with families and professionals.
Wandsworth and Earlsfield, a busy commuter-belt market inside Zone 2/3.
Wimbledon, a high-demand family market with strong period and new-build stock.
South-bank Southwark and Bermondsey, a riverside market of converted warehouses and new towers.
Sources
- Price Index of Private Rents (PIPR) — Office for National Statistics
- Price Paid Data — HM Land Registry
- Outcode geocoding — postcodes.io
Rent data: ONS Price Index of Private Rents (PIPR), April 2026. Contains public sector information licensed under the Open Government Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Flood data © Environment Agency copyright and/or database right 2026 (OGL v3.0). Flood Re eligibility based on floodre.co.uk criteria — indicative only; insurers make final decisions. Contains Mining Remediation Authority data © Mining Remediation Authority, licensed under the Open Government Licence v3.0. Contains British Geological Survey materials © UKRI 2026 (GeoClimate UKCP18 Open). Indicative Atlas of Radon — © Crown copyright UKHSA; contains British Geological Survey materials © UKRI. Open Government Licence v3.0.
Yield is indicative: an ONS local-authority mean rent against an HM Land Registry outcode median price. It is not an address-level or net figure and is not investment advice.