2-bedroom flat · NR2 4QT
For saleListed 334 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated only a walk from the city this impressive 2 bedroom flat boasts a bright accommodation with lovey position opposite a church.
There is a modern bathroom and kitchen, UPVC double glazing and a communal heating system. The property is offered with NO CHAIN and we urge an early viewing.
Communal front entrance door with security entrance system giving access to:- COMMUNAL HALL With stairs to 1st floor PRIVATE ENTRANCE HALL With storage cupboard and immersion tank for hot water and further cupboard, ideal for coats and shoes.
BEDROOM A good size double bedroom with views overlooking the communal gardens to the rear.
BATHROOM Suite comprising panel bath, WC and wash basin with ceramic walls and flooring, electric shower above the bath.
BEDROOM A considerable double bedroom with view to the front towards the church and green area with ample space for wardrobes.
KITCHEN A selection of white units in base drawer and wall mounted style with ceramic tiled splashbacks.
Electric hob with extractor above and electric oven below, plumbing for automatic washing machine and dual storage cupboards.
LOUNGE Enjoying borrowed light from the kitchen, a well portioned room with door and windows giving access and view over the front balcony.
BALCONY With ample space for a small breakfast table, enjoying views towards the church and a distant view of City Hall.
OUTSIDE There are gardens as well as a brick storage unit in the main entrance hall offering excellent storage.
AGENTS NOTE Purchasers should be aware that this property is leasehold in nature with a remainder of 90 years on the lease.
There is a ground rent payable of £10 as well as a service charge of £1708.00 however this payment does include the communal heating bill and upkeep for the communal heating system.
Full details are available upon request.
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
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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

FAQ
About Russell Street, Norwich, Norfolk
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