3 Bed Detached House, Refurb/BRRR, Kidderminster, DY10 2RQ, £395,000

Hurcott Road, Kidderminster, DY10 2RQ - 9 months ago

Sold STC
Refurb/BRRR
~112 m²
+12 photos

ValuationOvervalued

Sold Prices£135K - £389K
Sold Prices/m²£1.6K/m² - £3.6K/m²

 

 

Square Metres

~112.40 m²
Price/m²£3.5K/m²

Value Estimate

£264,720

 

 

End Value (After Refurb)

£326,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£98,750

Stamp Duty & Legal Fees

£28,200

Refurb Costs

£44,536

Bridging Loan Interest

£10,369

Total Cash In

£183,605

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£326,500

Mortgage (After Refinance)

£244,875

Mortgage LTV

75%

Cash Left In

£183,605

Equity

£81,625

Rent Range

£850 - £1,650

Rent Estimate

£1,023

Running Costs/mo

£1,245

Cashflow/mo

£-222

Cashflow/yr

£-2,663

Gross Yield

3%

Local Sold Prices

50 sold prices from £135K to £389K, average is £216K. £1.6K/m² to £3.6K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£208K11/200.08 mi31, Vine Street, Kidderminster, Worcestershire DY10 2TS3
£250K06/230.09 mi300, Hurcott Road, Kidderminster, Worcestershire DY10 2RQ3
£325K03/210.09 mi305, Hurcott Road, Kidderminster, Worcestershire DY10 2RQ3
£177K01/210.09 mi312, Hurcott Road, Kidderminster, Worcestershire DY10 2RQ3
£167.5K01/210.09 mi38, Batham Road, Kidderminster, Worcestershire DY10 2TW3
£163.5K04/210.1 mi58, Land Oak Drive, Kidderminster, Worcestershire DY10 2SY3
£246K11/200.1 mi36, Land Oak Drive, Kidderminster, Worcestershire DY10 2SY3
£362K09/230.11 mi52, James Road, Kidderminster, Worcestershire DY10 2TR3
£225K08/210.16 mi43, Turton Street, Kidderminster, Worcestershire DY10 2TH3
£282K02/210.16 mi27, Batham Road, Kidderminster, Worcestershire DY10 2TN3
£240K01/210.16 mi45, Bruce Road, Kidderminster, Worcestershire DY10 2TX3
£150K11/220.18 mi56, Cairndhu Drive, Kidderminster, Worcestershire DY10 2TA3
£210K11/200.18 mi8, Cairndhu Drive, Kidderminster, Worcestershire DY10 2TA3
£210K05/230.18 mi14, Land Oak Drive, Kidderminster, Worcestershire DY10 2ST3
£258K11/200.18 mi26, Land Oak Drive, Kidderminster, Worcestershire DY10 2ST3
£220K02/210.18 mi1, Land Oak Drive, Kidderminster, Worcestershire DY10 2ST3
£250K06/210.18 mi3, Cavendish Drive, Kidderminster, Worcestershire DY10 2SX3
£210K12/200.19 mi26, Baldwin Road, Kidderminster, Worcestershire DY10 2UA3
£310K03/230.19 mi68, Baldwin Road, Kidderminster, Worcestershire DY10 2UA3
£245K12/200.19 mi31, James Road, Kidderminster, Worcestershire DY10 2TP3
£220K12/220.21 mi70, Highfield Road, Kidderminster, Worcestershire DY10 2TJ3
£243.5K09/210.21 mi18, Highfield Road, Kidderminster, Worcestershire DY10 2TL3
£320K10/200.21 mi28, Highfield Road, Kidderminster, Worcestershire DY10 2TL3
£187K09/210.22 mi5, Adams Court, Kidderminster, Worcestershire DY10 2SF3
£147.5K07/210.22 mi43, The Oaklands, Kidderminster, Worcestershire DY10 2SB3
£170K07/210.22 mi13, The Oaklands, Kidderminster, Worcestershire DY10 2SB3
£168K06/210.24 mi69, Bruce Road, Kidderminster, Worcestershire DY10 2TY3
£285K12/220.24 mi380, Chester Road North, Kidderminster, Worcestershire DY10 2RS3
£255.5K11/220.25 mi345, Chester Road North, Kidderminster, Worcestershire DY10 2RU3
£217K10/210.25 mi350, Chester Road North, Kidderminster, Worcestershire DY10 2RU3
£240K11/210.26 mi5, Pear Tree Close, Kidderminster, Worcestershire DY10 2SU3
£275K04/230.26 mi10, Pear Tree Close, Kidderminster, Worcestershire DY10 2SU3
£340K07/210.26 mi286, Chester Road North, Kidderminster, Worcestershire DY10 2RR3
£173K12/200.28 mi17, Broadwaters Drive, Kidderminster, Worcestershire DY10 2RY3
£135K01/210.33 mi87, Hurcott Road, Kidderminster, Worcestershire DY10 2QT3
£215K10/210.35 mi186, Stourbridge Road, Kidderminster, Worcestershire DY10 2UX3
£389K12/200.35 miWhite Gates, 4, Linden Avenue, Kidderminster, Worcestershire DY10 3AA3
£212K07/210.35 mi50, Merton Close, Kidderminster, Worcestershire DY10 3AF3
£182K04/210.35 mi61, Merton Close, Kidderminster, Worcestershire DY10 3AF3
£208K06/230.35 mi62, Merton Close, Kidderminster, Worcestershire DY10 3AF3
£168K09/210.39 mi79, Shrubbery Street, Kidderminster, Worcestershire DY10 2QY3
£164.5K02/210.39 mi73, Shrubbery Street, Kidderminster, Worcestershire DY10 2QY3
£210K02/210.39 mi56, Shrubbery Street, Kidderminster, Worcestershire DY10 2QY3
£210K12/200.39 mi64, Kendlewood Road, Kidderminster, Worcestershire DY10 2XG3
£210K02/230.39 mi13, Rosemary Road, Kidderminster, Worcestershire DY10 2SW3
£175K10/200.4 mi31, Pitt Street, Kidderminster, Worcestershire DY10 2UN3
£160K01/210.4 mi36, Pitt Street, Kidderminster, Worcestershire DY10 2UN3
£310K10/230.4 mi5, Lyndholm Road, Kidderminster, Worcestershire DY10 1TJ3
£290K03/210.4 mi5, Lyndholm Road, Kidderminster, Worcestershire DY10 1TJ3
£251K02/230.4 mi104, Shakespeare Drive, Kidderminster, Worcestershire DY10 3QY3

Local Rents

13 rents from £850/mo to £1.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£90012/240.09 miHurcott Road, KIDDERMINSTER3
£99512/240.24 miChester Road North, KIDDERMINSTER3
£1,10012/240.3 miCoates Road, Kidderminster3
£1,65003/240.33 miBirmingham Road, KIDDERMINSTER3
£1,12512/240.34 miMerton Close, Kidderminster, Worcestershire3
£90012/240.35 mi-3
£90012/240.41 miLenchville, KIDDERMINSTER3
£90003/240.41 miLenchville, Kidderminster3
£87503/240.42 miPitt Street, Kidderminster, Worcestershire, DY103
£1,20009/240.53 mi-3
£95003/240.54 miUpton Road, Kidderminster3
£95012/240.54 miUpton Road, Kidderminster3
£85012/240.6 miAlbert Road, Kidderminster, DY103

Local Area Statistics

Population in DY10

35,493

Population in Kidderminster

74,037

Town centre distance

0.77 miles away

Nearest school

0.50 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Price changed to £395,000

February 28, 2025

Listed for £400,000

August 9, 2024

Floor Plans

Description

  • Presented 'As New' Throughout +
  • High Quality Specification +
  • New Carpets +
  • Within Easy Reach Of Hurcott Pool & Nature Reserve +
  • Electrics Certified/ Part Rewired +

Situated in the popular Greenhill area of town, this fine traditional bay-fronted detached house was originally built in the 1950s and has just been completely transformed by a comprehensive renovation project which includes a full width 4m rear extension to create a stunning 20' wide kitchen/ diner together with open plan family room.

The house features upvc double glazing and gas-fired central heating served by a Worcester combination boiler. The accommodation is presented to an 'as new' standard throughout, having been fully upgraded with new quality fixtures & fittings throughout, newly decorated with new flooring all through and electrics certified/ partly rewired.

Set back from the road behind a block paved driveway, the impressive reception hall measures over 16' in length with a wooden floor, oak staircase with glass balustrading and useful walk-in understairs store, plus guest cloakroom with wc & hand basin.

To the front of the house is a living room with bay window and slabbed plinth suitable for electric fire, whilst to the rear the fabulous open plan family room and kitchen diner forms the hub of ther home. The dining area and open plan family room extends to over 24' in length, with large roof lantern and bi-fold doors opening out to the south facing garden patio.

The kitchen area is fitted with a comprehensive range of light grey handleless cabinets complemented by a tiled floor and white quartz work surfaces to include inset sink with contoured drainer plus breakfast bar.

Integral appliances by Zanussi/ Lamona include an electric oven, microwave/ grill, induction hob, steel canopy hood, fridge, freezer & dishwasher.

Also off the kitchen is a utility room with matching base cabinet with white quartz work surface & sink, with space beneath for washing machine and door to side pathway.

To the first floor there are three bedrooms and bathroom with wc, two-drawer vanity unit with hand basin and panelled bath with screen and mixer shower above plus mixer screen. There is also a deep airing cupboard with Worcester gas combi-boiler.

Outside, the property benefits from a long and level lawned rear gardens with specimen magnolia tree. The lawn will be laid prior to completion (a computer generated image is shown here for illustrative purposes).

Tenure is freehold and council tax is payable to Wyre Forest District Council, rated as Band D.
Mains gas, electricity, water & drainage are connected.

Agent Details

The Property Experts, London

020 3906 1702

Next Steps?

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