2 Bed Terraced House, Cash/Bridging Only, Kidderminster, DY10 3TB, £200,000





ValuationOvervalued
Sold Prices | £85K - £280K |
Sold Prices/m² | £1.3K/m² - £4.7K/m² |
| |
Square Metres | 70 m² |
Price/m² | £2.9K/m² |
Value Estimate | £174,493£174,493 |
| |
End Value (After Refurb) | £188,000£188,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £50,000£50,000 |
Stamp Duty & Legal Fees | £7,350£7,350 |
Refurb Costs | £27,736£27,736 |
Bridging Loan Interest | £5,250£5,250 |
Total Cash In | £92,086£92,086 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £188,000£188,000 |
Mortgage (After Refinance) | £141,000£141,000 |
Mortgage LTV | 75%75% |
Cash Left In | £92,086£92,086 |
Equity | £47,000£47,000 |
Rent Range | £575 - £2,500£575 - £2,500 |
Rent Estimate | £1,000 |
Running Costs/mo | £808£808 |
Cashflow/mo | £193£193 |
Cashflow/yr | £2,310£2,310 |
ROI | 3%3% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £85K to £280K, average is £171.5K. £1.3K/m² to £4.7K/m², average is £2.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£174.5K | 11/20 | 0.02 mi | 84, Castle Road, Cookley, Kidderminster, Worcestershire DY10 3TB | £2,458 | 71 | 2 | Terraced House | |
£188K | 01/21 | 0.02 mi | 102, Castle Road, Cookley, Kidderminster, Worcestershire DY10 3TB | £2,611 | 72 | 2 | Terraced House | |
£85K | 03/23 | 0.02 mi | 96, Castle Road, Cookley, Kidderminster, Worcestershire DY10 3TB | £1,263 | 67 | 2 | Terraced House | |
£168K | 06/21 | 0.03 mi | 2, Portway Place, Cookley, Kidderminster, Worcestershire DY10 3UJ | £2,276 | 74 | 2 | Terraced House | |
£182.5K | 02/21 | 0.12 mi | 11, Lionfields Road, Cookley, Kidderminster, Worcestershire DY10 3UG | £2,294 | 80 | 2 | Semi-Detached House | |
£89.5K | 09/23 | 0.21 mi | 6, Staite Drive, Cookley, Kidderminster, Worcestershire DY10 3UA | £1,790 | 50 | 2 | Terraced House | |
£160K | 02/21 | 0.21 mi | 14, Staite Drive, Cookley, Kidderminster, Worcestershire DY10 3UA | - | - | 2 | Terraced House | |
£165K | 01/21 | 0.21 mi | 16, Staite Drive, Cookley, Kidderminster, Worcestershire DY10 3UA | - | - | 2 | Terraced House | |
£122.1K | 08/23 | 0.21 mi | 18, Staite Drive, Cookley, Kidderminster, Worcestershire DY10 3UA | £1,938 | 63 | 2 | Semi-Detached House | |
£250K | 03/21 | 1.02 mi | 3, Brookside Cottages, Wolverley Village, Kidderminster, Worcestershire DY11 5XA | - | - | 2 | Terraced House | |
£195K | 12/22 | 1.02 mi | 9, Charles Avenue, Kidderminster, Worcestershire DY10 2YN | - | - | 2 | Semi-Detached House | |
£190K | 11/22 | 1.04 mi | 14, Dunnington Avenue, Kidderminster, Worcestershire DY10 2YR | £3,654 | 52 | 2 | Semi-Detached House | |
£226K | 12/20 | 1.12 mi | 243, Stourbridge Road, Kidderminster, Worcestershire DY10 2XB | £2,404 | 94 | 2 | Semi-Detached House | |
£172K | 08/23 | 1.12 mi | 93, Wolverhampton Road, Kidderminster, Worcestershire DY10 2UU | £2,493 | 69 | 2 | Semi-Detached House | |
£215K | 04/23 | 1.13 mi | 193, Sion Avenue, Kidderminster, Worcestershire DY10 2YJ | - | - | 2 | Semi-Detached House | |
£170K | 09/23 | 1.19 mi | 58, Pitt Street, Kidderminster, Worcestershire DY10 2UN | £2,833 | 60 | 2 | Semi-Detached House | |
£133K | 09/21 | 1.19 mi | 55, Pitt Street, Kidderminster, Worcestershire DY10 2UN | £2,714 | 49 | 2 | Terraced House | |
£134K | 06/21 | 1.2 mi | 2, Wolverhampton Road, Kidderminster, Worcestershire DY10 2UR | - | - | 2 | Terraced House | |
£155K | 01/21 | 1.2 mi | 3, Wolverhampton Road, Kidderminster, Worcestershire DY10 2UR | £2,067 | 75 | 2 | Terraced House | |
£107K | 11/21 | 1.25 mi | 11, Lenchville, Kidderminster, Worcestershire DY10 2YU | - | - | 2 | Terraced House | |
£275K | 03/23 | 1.33 mi | 53, Broadwaters Drive, Kidderminster, Worcestershire DY10 2RY | £4,661 | 59 | 2 | Detached House | |
£144K | 10/21 | 1.38 mi | 16, St Oswalds Close, Kidderminster, Worcestershire DY10 2QG | £2,939 | 49 | 2 | Terraced House | |
£145K | 12/20 | 1.38 mi | 11, St Oswalds Close, Kidderminster, Worcestershire DY10 2QG | £2,959 | 49 | 2 | Semi-Detached House | |
£144K | 04/21 | 1.41 mi | 9, Frank Freeman Court, Kidderminster, Worcestershire DY10 2QL | £2,323 | 62 | 2 | Terraced House | |
£167K | 04/21 | 1.47 mi | 80, Stourbridge Road, Kidderminster, Worcestershire DY10 2QB | £3,640 | 46 | 2 | Detached House | |
£140K | 08/23 | 1.47 mi | 114, Stourbridge Road, Kidderminster, Worcestershire DY10 2QB | £1,750 | 80 | 2 | Terraced House | |
£240K | 09/21 | 1.48 mi | 19, Turton Street, Kidderminster, Worcestershire DY10 2TH | - | - | 2 | Detached House | |
£195K | 12/22 | 1.49 mi | 2, Brookdale, Kidderminster, Worcestershire DY10 2PY | - | - | 2 | Semi-Detached House | |
£120K | 06/21 | 1.5 mi | 365, Stourbridge Road, Kidderminster, Worcestershire DY10 2QE | - | - | 2 | Semi-Detached House | |
£130K | 09/21 | 1.56 mi | 134, Hurcott Road, Kidderminster, Worcestershire DY10 2RG | £2,262 | 57 | 2 | Terraced House | |
£147K | 10/20 | 1.59 mi | 25, The Foxholes, Kidderminster, Worcestershire DY10 2QR | £1,934 | 76 | 2 | Terraced House | |
£175K | 07/23 | 1.63 mi | 34, Greenhill Avenue, Kidderminster, Worcestershire DY10 2QU | - | - | 2 | Semi-Detached House | |
£195K | 10/23 | 1.65 mi | 26, The Deansway, Kidderminster, Worcestershire DY10 2RH | - | - | 2 | Semi-Detached House | |
£260K | 01/23 | 1.65 mi | 98, Hurcott Road, Kidderminster, Worcestershire DY10 2QT | £3,210 | 81 | 2 | Detached House | |
£185K | 02/21 | 1.67 mi | 34, The Deansway, Kidderminster, Worcestershire DY10 2RJ | - | - | 2 | Semi-Detached House | |
£189K | 02/23 | 1.69 mi | 26, Waterside Grange, Kidderminster, Worcestershire DY10 2LA | £2,953 | 64 | 2 | Terraced House | |
£117K | 04/21 | 1.72 mi | 11, Larkhill, Kidderminster, Worcestershire DY10 2NN | £1,950 | 60 | 2 | Semi-Detached House | |
£260K | 06/21 | 1.73 mi | 28, Snowdon Close, Kidderminster, Worcestershire DY11 5JH | £3,790 | 69 | 2 | Semi-Detached House | |
£185K | 12/22 | 1.73 mi | 8, Meadow Sweet Place, Kidderminster, Worcestershire DY10 2HW | £3,304 | 56 | 2 | Terraced House | |
£166K | 03/23 | 1.74 mi | 63, Shrubbery Street, Kidderminster, Worcestershire DY10 2QY | £1,677 | 99 | 2 | Terraced House | |
£260K | 02/21 | 1.74 mi | 2, Somerset Drive, Kidderminster, Worcestershire DY11 5JG | £3,881 | 67 | 2 | Detached House | |
£280K | 11/21 | 1.74 mi | 11, Cornwall Avenue, Kidderminster, Worcestershire DY11 5JF | £3,733 | 75 | 2 | Semi-Detached House | |
£141K | 08/21 | 1.76 mi | 49, Adams Court, Kidderminster, Worcestershire DY10 2SF | - | - | 2 | Terraced House | |
£200K | 06/21 | 1.76 mi | 3, Holly Court, Kidderminster, Worcestershire DY10 2HP | £3,077 | 65 | 2 | Terraced House | |
£171K | 11/22 | 1.77 mi | 52, Hurcott Road, Kidderminster, Worcestershire DY10 2QJ | £2,476 | 69 | 2 | Terraced House | |
£223K | 11/21 | 1.77 mi | 116, Beeches Road, Kidderminster, Worcestershire DY11 5JB | - | - | 2 | Semi-Detached House | |
£245K | 06/21 | 1.78 mi | 11, Pinewood Close, Kidderminster, Worcestershire DY11 5JJ | - | - | 2 | Semi-Detached House | |
£265K | 11/22 | 1.82 mi | 15, Highlow Avenue, Kidderminster, Worcestershire DY11 5JD | - | - | 2 | Semi-Detached House | |
£165K | 11/20 | 1.83 mi | 82, Baxter Avenue, Kidderminster, Worcestershire DY10 2HB | £3,139 | 53 | 2 | Semi-Detached House | |
£130K | 08/23 | 1.84 mi | 7, Long Acre, Kidderminster, Worcestershire DY10 2HA | £1,857 | 70 | 2 | Semi-Detached House |
Local Rents
54 rents from £575/mo to £2.5K/mo, average is £950/mo.
Rent | Date | Distance | Address | Beds | Type | |
£650 | 04/23 | 0.02 mi | - | 1 | Flat | |
£1,250 | 03/24 | 0.1 mi | - | 3 | Terraced House | |
£1,200 | 03/24 | 0.14 mi | Shrubbery Close, Cookley, KIDDERMINSTER | 3 | Flat | |
£925 | 02/25 | 0.22 mi | - | 2 | Terraced House | |
£1,795 | 12/24 | 0.45 mi | Castle Barns, Cookley, Kidderminster, DY10 | 3 | Flat | |
£1,300 | 12/24 | 0.8 mi | Wolverley Road, Wolverley, Kidderminster | 3 | Bungalow | |
£1,450 | 12/24 | 0.85 mi | Wolverley Road, Wolverley | 4 | Detached House | |
£1,200 | 12/24 | 0.91 mi | Wolverley Village, Wolverley | 2 | Flat | |
£775 | 04/24 | 1.05 mi | - | 2 | Flat | |
£1,300 | 12/24 | 1.09 mi | Blakeshall, Wolverley, KIDDERMINSTER | 3 | Flat | |
£875 | 03/24 | 1.15 mi | Pitt Street, Kidderminster, Worcestershire, DY10 | 3 | Flat | |
£1,100 | 03/25 | 1.19 mi | - | 2 | Semi-Detached House | |
£1,100 | 03/25 | 1.19 mi | - | 2 | Semi-Detached House | |
£900 | 03/24 | 1.25 mi | Lenchville, Kidderminster | 3 | Terraced House | |
£900 | 12/24 | 1.25 mi | Lenchville, KIDDERMINSTER | 3 | Flat | |
£1,200 | 09/24 | 1.26 mi | - | 3 | Semi-Detached House | |
£950 | 03/24 | 1.28 mi | Upton Road, Kidderminster | 3 | Detached House | |
£950 | 12/24 | 1.28 mi | Upton Road, Kidderminster | 3 | Semi-Detached House | |
£925 | 04/24 | 1.28 mi | - | 2 | Terraced House | |
£925 | 12/24 | 1.28 mi | Stourbridge Road, Kidderminster, DY10 | 2 | Flat | |
£900 | 12/24 | 1.51 mi | - | 3 | Semi-Detached House | |
£850 | 04/25 | 1.51 mi | - | 2 | Flat | |
£2,500 | 12/24 | 1.53 mi | Pinewoods, Kingsford Lane, Wolverley, DY11 5SL | 4 | Detached House | |
£900 | 12/24 | 1.56 mi | Hurcott Road, KIDDERMINSTER | 3 | Flat | |
£900 | 12/24 | 1.66 mi | - | 3 | Semi-Detached House | |
£1,100 | 03/25 | 1.66 mi | - | 3 | Semi-Detached House | |
£1,350 | 04/25 | 1.67 mi | - | 1 | Flat | |
£1,395 | 12/24 | 1.68 mi | - | 3 | Terraced House | |
£1,395 | 12/24 | 1.68 mi | - | 3 | Terraced House | |
£825 | 03/24 | 1.72 mi | Waterside Grange, KIDDERMINSTER | 2 | Flat | |
£850 | 04/24 | 1.72 mi | Waterside Grange, KIDDERMINSTER | 3 | Flat | |
£995 | 12/24 | 1.73 mi | Chester Road North, KIDDERMINSTER | 3 | Flat | |
£795 | 12/24 | 1.73 mi | - | 2 | Flat | |
£795 | 03/24 | 1.73 mi | Baldwin Road, Worcestershire, DY10 | 2 | Flat | |
£850 | 12/24 | 1.74 mi | - | 3 | Terraced House | |
£850 | 12/24 | 1.74 mi | - | 3 | Terraced House | |
£1,100 | 12/24 | 1.75 mi | Coates Road, Kidderminster | 3 | Flat | |
£725 | 03/24 | 1.75 mi | Adams Court, Kidderminster, Worcestershire | 2 | Terraced House | |
£600 | 12/24 | 1.76 mi | Adams Court, KIDDERMINSTER | 2 | Flat | |
£1,100 | 03/24 | 1.76 mi | Westcott Road, Kidderminster, DY10 | 3 | Flat | |
£1,100 | 12/24 | 1.76 mi | Westcott Road, Kidderminster, DY10 | 3 | Terraced House | |
£1,150 | 06/24 | 1.76 mi | - | 3 | Terraced House | |
£1,150 | 06/24 | 1.76 mi | - | 3 | Terraced House | |
£1,150 | 06/24 | 1.76 mi | - | 3 | Terraced House | |
£625 | 04/23 | 1.77 mi | - | 2 | Terraced House | |
£625 | 04/23 | 1.77 mi | - | 2 | Terraced House | |
£825 | 12/24 | 1.79 mi | - | 2 | Flat | |
£950 | 12/24 | 1.82 mi | Court Close, Kidderminster, Worcestershire | 3 | Flat | |
£1,650 | 03/24 | 1.82 mi | Birmingham Road, KIDDERMINSTER | 3 | Flat | |
£575 | 12/24 | 1.84 mi | 6 Woodchester42 Broad StreetKidderminster | 1 | Flat | |
£850 | 12/24 | 1.84 mi | Long Acre, KIDDERMINSTER | 2 | Flat | |
£1,125 | 12/24 | 1.86 mi | Merton Close, Kidderminster, Worcestershire | 3 | Semi-Detached House | |
£800 | 09/24 | 1.89 mi | - | 2 | Terraced House | |
£1,200 | 03/24 | 1.9 mi | Baxter Avenue, KIDDERMINSTER | 4 | Flat |
Local Area Statistics
Population in DY10 | 35,49335,493 |
Population in Kidderminster | 74,03774,037 |
Town centre distance | 2.23 miles away2.23 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 2.40 miles away2.40 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +4%+4% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +38%+38% |
Property History
Price changed to £200,000
December 17, 2024
Listed for £205,000
August 2, 2024
Sold for £95,500
2003
Sold for £52,000
1999
Floor Plans

Description
- Characterful two bedroom home +
- Open plan living and dining area +
- Private patio and garden +
- Block paved frontage +
- In the charming village of Cookley +
A charming home with a private garden, in the peaceful Wyre Forest village of Cookley.
The kitchen
The kitchen is a bright and functional space featuring modern white cabinetry, wooden style countertops and ample natural light from a large window. A rear glass panelled door grants access to the garden and further enhances the flow through the property.
The living room
As you enter the property you are met with the open plan living and dining area. A large window floods the generous space with light, while a tiled fireplace is the focal point of the room, creating a warm and cosy ambience.
This spacious open plan area comfortably accommodates dining furniture, making it ideal for family gatherings, entertaining guests and everyday living. The seamless flow between the living and dining areas enhances the sense of space and functionality, creating a versatile and comfortable environment.
Steps lead down to a cellar equipped with a radiator, offering a flexible space suitable for various uses or additional storage.
The primary bedroom
The primary bedroom features generous floor space for furniture and storage. A charming, traditional wooden door adds character to this serene retreat.
The second bedroom
To the rear of the property the bright second bedroom looks out over the private garden. Currently utilised as a children’s bedroom, this space would also make a great home office.
The bathroom
Between the two bedrooms is the family bathroom, featuring a bath with shower, WC and basin. The room is completed with wooden panelling and functional tiling.
The garden
The private garden of this property features a stretch of lawn, making it ideal for families with children or pets. It includes a patio area perfect for alfresco dining. The combination of lawn space and functional features creates a versatile and enjoyable outdoor area for all family members.
Cookley, a picturesque village near Kidderminster in Worcestershire, is renowned for its scenic countryside and tranquil atmosphere. Surrounded by lush greenery and rolling hills, Cookley offers residents a peaceful rural lifestyle while still being within easy reach of urban conveniences. The village itself exudes a quaint charm, with traditional cottages, local shops and a close-knit community.
In terms of amenities, Cookley is well-equipped to cater to the needs of its residents. The village boasts a variety of local shops, a primary school and several recreational facilities, including parks and sports clubs. These amenities ensure that daily necessities and leisure activities are easily accessible without the need to travel far. For more extensive shopping, dining and entertainment options, the nearby town of Kidderminster provides a wider array of choices.
Transport links from Cookley are highly convenient, making it an ideal location for commuters and travellers. The village is well-connected by road, with easy access to the A449 and A442, leading to major routes such as the M5 and M42. This connectivity allows for straightforward commutes to Birmingham, Worcester and other significant towns and cities in the West Midlands. Additionally, Kidderminster railway station offers regular train services to Birmingham, London and other key destinations.
The property benefits from mains gas, water, electricity and drainage.
Council tax band B
Reservation Fee - refundable on exchange
A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.
The fee will be retained by Andrew Grant in the event that you the buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:
1. Any significant material issues highlighted in a survey that were not evident or drawn to the attention of you the buyer prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.
The reservation fee, equivalent to 0.5% of the accepted offer unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and a positive completion of an assessment of the buyer’s financial status and ability to proceed.
Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property.
Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.
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