2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (98 years remaining)
- Guide Price of £150,000 £160,000
- High rental demand in the desirable NR2 postcode, making this apartment an attractive investment opportunity for potential landlords
- Easy access to public transport options, with Norwich Rail Station just 1 mile away, providing direct links to London and other major cities
- Requires updating throughout
- Convenient entrance hallway leading to all rooms, enhancing the flow and accessibility of the apartment
- Large lounge diner providing ample space for entertaining, with natural light streaming through generous windows
- Communal garden areas and On road permit parking (£50) per annum
- Chain Free
- Secure front door communication system
Guide Price of £150,000-£160,000 Positioned in Norwich, this chain-free two-bedroom apartment on Russell Street offers a fantastic opportunity for modernisation, making it an ideal project for investors or homeowners alike. With a well-designed layout featuring a spacious lounge diner, functional kitchen and two comfortable bedrooms, the property presents ample potential to create a stylish and contemporary living space. Just a short distance from the Chapelfield Shopping Centre and a variety of popular eateries, residents can enjoy the best of city living while benefiting from the tranquility of nearby parks. Given the high rental demand in the NR2 area, this apartment is a smart investment, poised to deliver both comfort and financial returns.
The Location
Located in the heart of Norwich, Russell Street benefits from its proximity to a vibrant array of amenities and attractions. Just a short 0.5 miles away, you’ll find the bustling Chapelfield Shopping Centre, home to popular retailers such as John Lewis, Next, and H&M, perfect for all your shopping needs. Food lovers will appreciate the selection of eateries nearby, including the acclaimed Bill's Restaurant & Bar, only 0.3 miles away, and the trendy Coffee House on St. Benedict's Street, just a 0.6-mile stroll from your doorstep. For those who enjoy the outdoors, the picturesque Eaton Park, with its expansive green spaces and beautiful gardens, is a mere 1.2 miles away, providing an escape from the city bustle. The location is also well-served by public transport, with Norwich Rail Station just 1 mile away, offering direct links to London and beyond.
Russell Street
The apartment layout includes an entrance hallway with rooms branching off, leading to a large lounge diner, a functional kitchen, two comfortable bedrooms and a bathroom—each with the potential to be transformed into a modern and stylish living space.
Though well-maintained, this apartment presents a unique canvas for those interested in a modernisation project. With thoughtful updates and improvements, this property could be turned into a contemporary home or lucrative rental. The generous lounge diner provides ample space for entertaining, while the kitchen could be redesigned to maximise functionality and style.
The two well-proportioned bedrooms offer room for storage and versatility, catering to various preferences. Given the high rental demand in Norwich's NR2 area, especially for properties within walking distance to the city centre, this apartment stands out as a smart investment. Don’t miss the chance to unlock the full potential of this ideally situated property and create a modern, desirable rental home.
Agents Note
Sold Leasehold.
Connected to all mains services and the boiler is covered under the maintenance charge.
Maintenance:£840p/a
98 years remaining on the leasehold. This is to be fully confirmed.
EPC Rating: C
Disclaimer
Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 82934ad8-f4bc-4466-a436-1dca6ab0c541. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Minors & Brady - Norwich.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 24, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 1, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 13, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.