Summary - 34 Russell Street NR2 4QT
2 bed 1 bath Flat
Budget-friendly buy for hands-on first-timers or investors seeking uplift potential.
- Chain free two-bedroom flat with vacant possession
- Approximately 603 sq ft; compact urban layout
- Large double-aspect living room with good natural light
- Requires full modernisation throughout; renovation opportunity
- 100 years remaining on the lease; leasehold tenure
- Mains gas community heating; double glazing (unknown age)
- Communal garden and mature trees provide outdoor space
- Local area has high crime and significant deprivation
A chain-free two-bedroom flat in NR2, offered with a 100-year lease and immediate vacant possession. The apartment has a large double-aspect lounge, a functional kitchen and two practical bedrooms across about 603 sq ft — a compact, city-centre footprint ideal for first-time buyers or landlords seeking a straightforward let.
The property needs modernisation throughout, which is reflected in the asking price. Investors and buyers comfortable with renovation can add value by updating the kitchen, bathroom and finishes. The block offers a communal garden and mature trees, providing useful outside space uncommon for city flats.
Practical points: the building dates from the mid-20th century, has cavity-filled walls, double glazing (installation date unknown) and uses a mains gas community heating scheme. Council tax is very low, broadband and mobile signals are good, and the flood risk is very low.
Be realistic about location factors: the immediate neighbourhood is described as hard-pressed with higher crime and significant area deprivation. Buyers should budget for renovation costs, confirm service and lease details, and factor potential additional leasehold-related fees into purchase costs.
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