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Caister-On-Sea

48  High Street
Caister-on-Sea
NR30 5EH

E: caister@minorsandbrady.co.uk
T: 01493 806188

Lettings

Station Road
Hoveton
NR12 8UR

E: lettings@minorsandbrady.co.uk
T: 01603 801844

Wroxham

6  Church Road
Wroxham
NR12 8UG

E: homes@minorsandbrady.co.uk
T: 01603 783088

Dereham

9a  Market Place
Dereham
NR19 2AW

E: dereham@minorsandbrady.co.uk
T: 01362 700820

Norwich

107  Unthank Road
Norwich
NR2 2PE

E: norwich@minorsandbrady.co.uk
T: 01603 365085

 

Diss

46-47 Mere St
Diss
IP22 4AG

E: diss@minorsandbrady.co.uk
T: 01379 771444

Oulton Broad

2a Ivy Lane
Oulton Broad
NR33 8QH

E: oultonbroad@minorsandbrady.co.uk
T: 01502 447788

Russell Street, Norwich

Guide Price £140,000Leasehold

211
Brochure

Key Information

Tenure:Leasehold
Service charge:£840 per year
Ground rent:Not available
Time remaining on lease:97 years
Council tax band:A
Broadband:up to 72Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Guide Price: £140,000-£150,000
Chain-Free
High rental demand in the desirable NR2 postcode, making this apartment an attractive investment opportunity for potential landlords
Secure front door communication system
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
Requires updating throughout
Easy access to public transport options, with Norwich Rail Station just 1 mile away, providing direct links to London and other major cities

Description

Guide Price: £140,000-£150,000. 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.

Guide Price: £140,000-£150,000. 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.

Arrange Viewing

Notre Dame Preparatory School (Norwich) Limited
(0.21 miles)
Number of pupils: 220
Age Range: 2 - 11
Nelson Infant School
(0.39 miles)
Good
Number of pupils: 161
Age Range: 5 - 7
Red Balloon - Norwich
(0.43 miles)
Outstanding
Number of pupils: 30
Age Range: 11 - 17
Jane Austen College
(0.53 miles)
Outstanding
Number of pupils: 1048
Age Range: 11 - 19
Wensum Junior School
(0.55 miles)
Requires improvement
Number of pupils: 189
Age Range: 7 - 11
Angel Road Junior School
(0.66 miles)
Requires improvement
Number of pupils: 321
Age Range: 7 - 11
Angel Road Infant School
(0.67 miles)
Requires improvement
Number of pupils: 269
Age Range: 2 - 7
Magdalen Gates Primary School
(0.7 miles)
Good
Number of pupils: 193
Age Range: 5 - 11
Recreation Road Infant School
(0.71 miles)
Outstanding
Number of pupils: 334
Age Range: 5 - 7
The Parkside School, Norwich
(0.71 miles)
Outstanding
Number of pupils: 172
Age Range: 7 - 17

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£700 /mo.25 Years, 4.5% Interest
Loan
£126,000
Total Repay
£210,105

Stamp Duty

You’ll have to pay the stamp duty of:
£300
0% up to £125,000
2% from £125,000 to £140,000
Your effective stamp duty rate is 0.21%

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