Norwich, Norfolk
Bridging Finance
in Norwich
Expert bridging finance for property developers in Norwich. We connect you with competitive funding from our panel of 100+ lenders.
Norwich, Norfolk
Bridging Finance
in Norwich.
Live market data
Norwich
market snapshot.
HM Land Registry sold-price data for Norwich over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £230,000
- Sales (12m)
- 2,201
- YoY change
- -1.3%
- Approved (recent)
- 322
- Pipeline units
- 612
- Pipeline GDV
- £136.5M
Planning pipeline
Planning activity
in Norwich.
322 approved (last 12 months)
·63 pending
·612 units in pipeline·£136.5M estimated GDV·96% approval rate (last 12 months)Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 25/01054/F | Addition of bakery to existing food retail shop. 59 Dereham Road Norwich NR2 4HU | - | - | Approved | |
| 25/01200/L | Repair and consolidation work to tower. New rainwater goods. 49 Elm Hill Norwich NR3 1HG | - | - | Approved | |
| 25/01193/F | Replacement shop front and proposed signage to ground floor. Ground Floor 14 Prince Of Wales Road Norwich NR1 1LB | - | - | Approved | |
| 25/01184/L | Installation of gas flue in roof on rear elevation. 39 Bracondale Norwich NR1 2AT | - | - | Approved | |
| 25/01176/L | Blue plaque, commemorating Louis Marchesi, to the right-hand pillar at the main … Cinema City St Andrews Street Norwich NR2 4AD | - | - | Approved |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 25/01187/F | Redevelopment of Victoria House, comprising the erection of up to 432 residentia… Victoria House Queens Road Norwich NR1 3QQ | 432 | £99.4M | Pending | |
| 25/01328/F | Conversion of vacant roof space to provide 4no. separate residential apartments … Legarda Court Pearcefield Norwich NR3 4JJ | 1 | £149,000 | Pending | |
| 25/01299/PIP | Permission in Principle for the sub-division of the plot to create 1no. self-bui… 29 Lintock Road Norwich NR3 3NU | - | - | Pending | |
| 25/01271/F | Demolition of existing public house and relocation of existing car sales to faci… 96 & 96A Angel Road Norwich NR3 3HT | 9 | £2.1M | Pending | |
| 25/01430/F | Subdivision of curtilage and conversion of existing outbuilding to create to 1no… 9 St Clements Hill Norwich NR3 4DE | 1 | £230,000 | Pending |
Deal intelligence
Key schemes
in Norwich.
Indicative appraisals of the largest residential schemes in the Norwich planning pipeline. These 3 schemes represent an estimated £118.0M in combined GDV across 489 units, with indicative capital stacks for each.
Major Residential Development Awaiting decision
Victoria House Queens Road Norwich NR1 3QQ
£104.2M
Estimated GDV
Units
432
GDV / Unit
£241k
Build Cost (Range)
£61.7M–£77.8M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £230,000 plus a 4.9% new-build premium (measured locally). At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £104.2M |
| Construction (29,376 sqm @ £2,380/sqm mid) | −£69.9M |
| Externals, fees & contingency | −£20.5M |
| Finance (65% LTGDV, 24m) & sales costs | −£12.0M |
| Developer profit target (17.5% on GDV) | −£18.2M |
| Implied residual land value | Marginal |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Residential Development Approved
Florida Shoe Factory (Norwich) Ltd Dibden Road Norwich NR3 4RR
£11.6M
Estimated GDV
Units
48
GDV / Unit
£241k
Build Cost (Range)
£6.9M–£8.7M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £230,000 plus a 4.9% new-build premium (measured locally). At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £11.6M |
| Construction (3,264 sqm @ £2,380/sqm mid) | −£7.8M |
| Externals, fees & contingency | −£2.1M |
| Finance (65% LTGDV, 18m) & sales costs | −£1.1M |
| Developer profit target (17.5% on GDV) | −£2.0M |
| Implied residual land value | Marginal |
Broker insight: For a 48-unit scheme in Norwich, we would typically structure senior debt at 60-65% LTGDV with mezzanine available to reduce equity to as little as 10%. Run an appraisal to model your returns.
Small-Scale Development Approved
Unit C Havers Road Norwich NR3 2DU
£2.2M
Estimated GDV
Units
9
GDV / Unit
£241k
Build Cost (Range)
£1.8M–£2.3M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £230,000 plus a 4.9% new-build premium (measured locally). At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £2.2M |
| Construction (855 sqm @ £2,380/sqm mid) | −£2.0M |
| Externals, fees & contingency | −£540k |
| Finance (65% LTGDV, 12m) & sales costs | −£180k |
| Developer profit target (17.5% on GDV) | −£380k |
| Implied residual land value | Marginal |
Broker insight: For a 9-unit scheme in Norwich, we would typically structure senior debt at 60-65% LTGDV with mezzanine available to reduce equity to as little as 10%. Run an appraisal to model your returns.
Appraisal assumptions
- GDV: HM Land Registry blended median of £230,000 plus a 4.9% new-build premium (measured locally).
- Build cost: £2,100-£2,650/sqm (new build, indicative range informed by BCIS regional tender-price data, 2025/26) × 68 sqm/unit (NDSS-derived).
- On-costs: externals 12.5%, professional fees 10%, contingency 5%, sales & legals 3.5000000000000004% of GDV. Excludes CIL/Section 106, which vary by charging schedule and scheme.
- Finance: senior facility at 65% LTGDV, 8.5% pa on an average 57.49999999999999% drawdown over 24 months, plus 2.5% arrangement and exit fees.
- Residual land value assumes the industry-standard 17.5% developer profit-on-GDV target. Indicative appraisal, not a valuation or lending offer.
Land Registry data
Recent property sales
in Norwich.
2,201 residential transactions in the last twelve months. Median sold price £230,000 (-1.3% YoY). 4 new-build transactions with a +4.9% premium over existing stock.
Detached
£391,250
Semi-Detached
£262,000
Terraced
£240,000
Flat
£149,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 30 Jul 2026 | 128, HEATHGATENR3 1PW | Flat | £150,000 | Leasehold |
| 27 Jul 2026 | 530, EARLHAM ROADNR4 7TF | Detached | £540,000 | Freehold |
| 24 Jul 2026 | 8 MARCHAUNTS PLACE, 41, ALL SAINTS GREENNR1 3LY | Flat | £177,500 | Leasehold |
| 24 Jul 2026 | 18, BECKHAM PLACENR3 3DZ | Flat | £141,000 | Leasehold |
| 24 Jul 2026 | 52, CAERNARVON ROADNR2 3HX | Terraced | £270,000 | Freehold |
| 24 Jul 2026 | 28, GROSVENOR ROADNR2 2PZ | Semi-Detached | £725,000 | Freehold |
| 24 Jul 2026 | 11, KIMBERLEY STREETNR2 2RJ | Terraced | £263,000 | Freehold |
| 24 Jul 2026 | 84, VINCENT ROADNR1 4HH | Terraced | £242,000 | Freehold |
| 23 Jul 2026 | 45, HOTBLACK ROADNR2 4HG | Terraced | £245,000 | Freehold |
| 23 Jul 2026 | 18, POPPYFIELDSNR5 9FB | Terraced | £345,000 | Freehold |
Source: HM Land Registry price paid data, 12 months to September 2026 · Norwich City Council planning register, retrieved September 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Indicative terms
Bridging Finance rates
for Norwich deals.
Typical pricing for bridging finance in Norwich. Actual terms depend on GDV, leverage, location and your experience — the numbers below are where most structured deals land.
Interest Rate
From 6.5% p.a.
Loan to Value
Up to 70% LTGDV
Typical Term
12-24 months
Arrangement Fee
1-2% of facility
Indicative only, subject to individual assessment. Actual terms issued against a completed Deal Room submission.
Representative deal
Example bridging finance
structure.
Illustrative 9-Unit Scheme, Norwich
An indicative appraisal for a nine-unit residential scheme priced at Norwich's own HM Land Registry medians with the locally measured new-build premium applied. Build costs use the regional £/sqm benchmark; every figure updates with the underlying market data.
GDV
£2,474,000
Loan Amount
£1,608,000
LTV
65% LTGDV
Loan Type
Bridging Finance
Representative only. Actual terms vary based on scheme specifics and are issued after underwriting.
Common questions
Bridging Finance in Norwich
— answered.
How active is the development pipeline in Norwich?
The Norwich City Council planning register currently shows 63 residential applications awaiting decision in Norwich, together proposing 460 units — the largest single scheme proposes 432 units. An active pipeline signals both developer confidence in local demand and lender familiarity with the market, which typically translates into more competitive finance terms.
Market intelligence
Local market
reports.
5 min read
Norwich Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition
Median price £230,000, 2,201 sales, -1.3% YoY. Norfolk county.
6 min read
Norfolk Property Market: Prices, Trends & Development Finance, Q3 2026 Edition
8 towns analysed. Median price £263,540, 12,576 transactions, -2.6% YoY.
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your Bridging Finance enquiry in Norwich and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.
Where we fund
Norwich,
Norfolk.
Adjacent products
Other services
in Norwich.
Development Finance
From 6.5% p.a. · Up to 65-70% LTGDV
Mezzanine Finance
From 12% p.a. · Up to 85-90% LTGDV
Bridging Loans
From 0.55% p.m. · Up to 75% LTV
Equity & Joint Ventures
Profit share from 40% · Up to 100% of costs
Refurbishment Finance
From 0.65% p.m. · Up to 75% LTV
Commercial Mortgages
From 5.5% p.a. · Up to 75% LTV
Development Exit Finance
From 0.55% p.m. · Up to 75% LTV
Nearby markets