Russell Street, Norwich, Norfolk
MO

Russell Street, Norwich, Norfolk

By Morton Reeves Estate Agents

£ 150,000

Reviews

2 out of 5 stars

Morton Reeves Estate Agents says ..

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.

Property Oracle says ..

This two-bedroom apartment in Norwich offers a potentially appealing investment opportunity or starter home for buyers looking for a property that requires minimal immediate repairs but allows for customization. Situated on Russell Street in the Mancroft locality, the property is within reasonable proximity to schools, such as Notre Dame Preparatory School and Nelson Infant School. Public transportation to Norwich city centre is within reach. The apartment itself is presented in reasonably good condition; however, many aspects appear dated and may benefit from modernisation. The rooms are a good size but feel slightly cramped due to the choice of furniture, which appears a little cluttered. The kitchen and bathroom are functional, but could be updated to improve both aesthetic appeal and efficiency. The photographs reveal a small balcony providing some outdoor space, although there appears to be no additional land. While this apartment is presented as a chain-free property, potential buyers should obtain a full property survey before purchase to assess the overall condition and any potential underlying issues. Compared to other similar properties listed nearby, the price appears reasonable; however, without additional square footage data for comparable properties, it’s difficult to definitively determine its value. The lack of information on nearby properties’ conditions makes direct comparisons challenging, and potential buyers should factor this uncertainty into their decision-making process.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
6
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
640.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
171,667.00 £
Decreased by 35.22 %
from 265,001.00 £
Est sale value
174,080.00 £
Increased by 4.21 %
from 167,040.00 £
Average area rental value
1,085.00 £/mo
Decreased by 1.45 %
from 1,101.00 £/mo
Est letting value
640.00 £/mo
Unchanged by 0.00 %
from 640.00 £/mo
Est rental Yield
7.58 %
Increased by 51.90 %
from 4.99 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Morton Reeves Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Notre Dame Preparatory School (Norwich) LimitedOther Independent School0.51 KM
Red Balloon - NorwichOther Independent School0.88 KM
Nelson Infant SchoolAcademy Sponsor Led0.90 KM
City And Eaton Children'S CentreChildren's Centre0.95 KM
Sir Isaac Newton Sixth Form Free SchoolFree Schools 16 To 19Outstanding1.22 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Arderon Court £ 000.00 KM
Hawthorne Row £ 000.00 KM
Chester Place £ 1,250,00000.00 KM
Saint Martins Close £ 000.00 KM
Earlham Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW2.92 KM

Nearby Listings

AddressPriceTypeScoreDistance
Russell Street, Norwich, Norfolk £ 150,000BUY5 / 100.00 KM
Russell Street, Norwich £ 155,000BUY5 / 100.02 KM
Russell Street, Norwich £ 145,000BUY5 / 100.02 KM
Russell Street, Norwich £ 140,000BUY5 / 100.03 KM
Russell Street, Norwich, Norfolk, NR2 £ 140,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
50 Russell Street £ 72,5000.02 KM
49 Russell Street £ 120,0000.02 KM
44 Russell Street £ 140,0000.02 KM
47 Russell Street £ 140,0000.02 KM
8 Russell Street £ 125,0000.02 KM