2-bedroom flat · NR4 7ND
Listing removedListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £160,000 - £170,000.
Tucked away to the west of Norwich, this well-presented two-bedroom first floor flat enjoys a highly convenient position close to both the University of East Anglia and the Norfolk & Norwich University Hospital.
Set within a well-maintained residential development, the property offers well-balanced accommodation suited to a range of buyers.
Beyond the entrance hall, the flat opens into a spacious lounge/diner, providing a comfortable and light-filled living space.
Complementing the living area is a fitted kitchen with ample storage and space for appliances. Elsewhere, two well-proportioned bedrooms are served by a neatly appointed bathroom.
Throughout, the property benefits from double glazing and gas central heating. Outside, residents have access to communal gardens along with a useful storage shed.
The Location Russet Grove, Norwich sits in a leafy, well-established residential part of the city’s west side, blending quiet suburban living with easy access to urban conveniences.
Within a short stroll you’ll find small convenience stores, a Co-op, and independent takeaways and cafés serving the West Earlham and Bowthorpe Road community.
Larger supermarkets and retail options are only a few minutes’ drive away, while the city centre itself is roughly ten minutes by car or regular bus.
Families benefit from several good schools close at hand, including Henderson Green Primary Academy, West Earlham Infant and Junior Schools, and City Academy Norwich, all within comfortable walking or cycling distance.
For higher education, the University of East Anglia (UEA) is just a short journey south, making the area popular with staff and students alike.
Healthcare is well covered too, with local GP surgeries, dental practices, and the Norfolk and Norwich University Hospital less than ten minutes away by road.
Public transport links are excellent: frequent bus services run along Bowthorpe Road and Earlham Road, connecting to the city centre, UEA, and the hospital, while Norwich Train Station is easily reached for commuters heading to London or the coast.
Walking and cycling are both practical, thanks to safe paths and traffic-calmed streets. Lifestyle-wise, Russet Grove offers a comfortable balance between city convenience and neighbourly calm.
Green spaces like Earlham Park and Heigham Park are nearby for weekend strolls or picnics, and there’s a genuine sense of community, helped by local pubs, schools, and the nearby community hub.
It’s an area that suits families, professionals, and students equally well: settled, practical, and only a short hop from everything Norwich has to offer.
Russet Grove, Norwich This well-presented two-bedroom first floor flat is ideally located to the west of Norwich, offering convenient access to the University of East Anglia and the Norfolk & Norwich University Hospital.
The property would make an excellent purchase for owner-occupiers or investors seeking a well-located home close to key amenities.
The accommodation comprises a welcoming entrance hall leading to a spacious lounge/diner, a well-proportioned kitchen, two bedrooms and a bathroom.
The lounge/diner is a bright and comfortable living space, while the kitchen is fitted with a range of wall and base units with work surfaces over, along with space for essential appliances.
Both bedrooms are generously sized, with the main bedroom benefiting from built-in wardrobes and the second bedroom offering additional storage.
The bathroom is fitted with a panelled bath with shower over, low level WC and hand wash basin, and is completed with a frosted double glazed window.
Further benefits include double glazing and gas central heating throughout. Externally, the property enjoys access to well-maintained communal gardens and a useful storage shed.
Russet Grove is well positioned close to a wide range of local amenities, including the University of East Anglia and the Norfolk & Norwich University Hospital.
The area also benefits from nearby schools, shops, pubs, restaurants and supermarkets, along with excellent public transport links to and from Norwich city centre.
Agents Note This property is sold leasehold with 92 years remaining. Connected to mains water, electricity, gas and drainage.
The vendors have noted that several nearby car parks do not require a permit. This residential property is located within the BB controlled parking zone.
You can apply for two residents’ and visitor scheme on-street parking permits (One 4 hr permit with clock & x60 one day permits; these may be used in any combination).
Ground Rent: £10 paid annually Maintenance: £370 paid annually EPC Rating: B 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
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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.
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