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2 bed flat for sale Russell Road, NG7

Asking price
£125,000
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Added on 16/09/2026

Type
Flat
Bedrooms
2
Size
£198 per sq ft
Tenure
Leasehold
979 years left(from the agent's description)
Service charge £1,622 a year(from the agent's description)Ground rent £125 a year(from the agent's description) Council tax Band B £2,143 a year

* From the agent's description. Check it with them before you rely on it.

Key features

  • Two Bedroom, Third Floor Apartment
  • Spacious Interior
  • Ideal Investment Opportunity or First Time Purchase
  • Potential Yield Over 10%
  • Popular Development
  • Allocated Parking Space
  • Leasehold
  • Council Tax Band B

About this property

Situated in this popular development affording easy access to the City Centre and NET Tram Network stands this two bedroom, third floor apartment is being offered to the market with no onward chain and makes the perfect first time purchase or buy to let investment with a prospective yield over 10%. The accommodation comprises of an entrance hall leading through to a bright and spacious open plan living/dining/kitchen, two double bedrooms and a fitted bathroom. The apartment also benefits from a gated, allocated parking space.

Floorplan

Council tax

Band B £2,143 a year
Per year
  • Band A
    £1,837
  • Band B
    This home: £2,143
  • Band C
    £2,449
  • Band D
    £2,755
  • Band E
    £3,368
  • Band F
    £3,980
  • Band G
    £4,592
  • Band H
    £5,511

This home is in band B, which costs £2,143 a year in Nottingham for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Nottingham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

88 comparables · within 3 miles

Cheaper than 65% of the 2-bed flats for sale nearby right now.

This home, £125,000 Median £150,000 · £100,000 – £260,000
Per square foot
£198 3% under
2-bed flats nearby £204
Against sold prices
7% under
NG7 sold median £212 / sq ft, 581 sales

Compared with 88 2-bed flats for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in NG7 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in NG7 →

Location

Russell Road, NG7

Mortgage and stamp duty

Property price £125,000
£62k £188k
Deposit10% £13,000
£0 £125k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £112,000 mortgage. Most lenders would want a household income of about £25,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Apartment 30, The Pavilion, 3, Russell Road Flat / maisonetteAug 2025624 sq ft £195/sq ft£121,500
Apartment 19, The Pavilion, 3, Russell Road Flat / maisonetteMay 2025667 sq ft £172/sq ft£115,000
Apartment 25, The Pavilion, 3, Russell Road Flat / maisonetteApr 2024420 sq ft £226/sq ft£95,000
Apartment 8, The Pavilion, 3, Russell Road Flat / maisonetteFeb 2024936 sq ft £160/sq ft£150,000
Apartment 6, The Pavilion, 3, Russell Road Flat / maisonetteSept 2023452 sq ft £194/sq ft£87,500
Apartment 22, The Pavilion, 3, Russell Road Flat / maisonetteSept 2023646 sq ft £211/sq ft£136,000
Apartment 16, The Pavilion, 3, Russell Road Flat / maisonetteMar 2023657 sq ft £183/sq ft£120,000
Apartment 42, The Pavilion, 3, Russell Road Flat / maisonetteDec 2022678 sq ft £181/sq ft£123,000

All sold prices in Nottingham →

Area insights

The neighbourhood around this property.

Marketed by
Martin & Co, Nottingham City
1 Russell Place, Talbot Street, Nottingham, Nottinghamshire
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