We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NR2 4QU
For saleReduced £10k (−7.1%) on 30 SepListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this well-presented first-floor flat is an ideal option for first-time buyers seeking a comfortable and well-arranged space.
The accommodation flows from a central hallway with useful built-in storage, leading through to a spacious dual aspect lounge diner that feels bright and well-proportioned.
The kitchen is fitted with matching units, tiled flooring, and two generous built-in storage cupboards, while two well-proportioned double bedrooms offer flexibility for sleeping, working from home, or guests.
Completing the interior is a bathroom with a separate WC. Outside, the property benefits from an allocated permit parking space along with a visitor’s space.
The location provides convenient access to the city centre, with independent shops, cafés, pubs, and everyday amenities nearby, and is well served by local bus routes with Norwich train station within easy reach.
The Location Russell Street is located within the popular NR2 area of Norwich, an area well regarded for its period housing and strong local character.
The city centre is easily accessible on foot, offering a wide choice of independent shops, cafés, restaurants, and cultural attractions.
Everyday amenities, s including supermarkets, parks, and leisure facilities, are close at hand, making the location practical for day-to-day living.
Well-connectedd bus routes run nearby, providing straightforward travel across the city.
Norwich train station is also within easy reach, offering direct rail links to London and other regional centres.
The area is popular with professionals and residents who value convenience alongside an established neighbourhood feel.
Russel Street, Norwich Access is via a secure communal entrance, with stairs rising to the first floor where the private front door opens into a central hallway.
Finished with light-toned wood effect flooring, which continues through much of the flat, this space feels open and easy to maintain.
A generous storage cupboard is positioned off the hallway, with doors leading to all principal rooms.
Designed to accommodate both seating and dining furniture, the lounge diner offers a generous footprint and benefits from a dual aspect with two windows, allowing excellent natural light throughout the day.
Neutral décor and continued wood effect flooring give a clean and modern look, with the layout allowing flexibility in how the room is furnished without feeling crowded.
Positioned just off the hallway, the kitchen is fitted with a range of matching wall and base units with contrasting work surfaces.
A stainless steel sink sits below the window, and dark wall tiling adds definition to the space.
Two generously built-in storage cupboards provide valuable additional storage, alongside space for freestanding appliances. Practical tiled flooring completes the room.
Both bedrooms are comfortable doubles, finished with the same light wood effect flooring seen elsewhere in the flat.
The principal bedroom features a calm neutral finish with a feature wall, while the second bedroom offers flexibility for guests, home working, or additional storage.
Good natural light and straightforward layouts make both rooms easy to furnish.
Completing the interior, the bathroom is fitted with a white suite comprising a panelled bath with tiled surround and a pedestal wash basin, while a separate WC is located next door, offering a practical arrangement for shared living or visitors.
Frosted windows provide natural light and ventilation to both spaces. Outside, the property forms part of a well-maintained residential block with communal areas.
One allocated permit parking space is provided, along with one visitor’s space. The maintenance charge includes water and utilities, adding further simplicity to monthly outgoings.
Agent’s Note Sold leasehold, connected to main services: Water, electricity, gas and drainage Council Tax Band- A Approximately 88 years remaining on the lease Annual maintenance charge of £1,680, including water and electricity Some images used in this listing have been digitally staged to illustrate potential furnishing and layout options.
We recommend arranging a viewing to assess the space and features in person.
EPC Rating: C Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About 66 Russell Street, Norwich
Explore nearby