2 Bed Flat, Single Let, Worcester, WR2 5FU, £195,000

Hadley Place, Worcester, Worcestershire, WR2 5FU - 7 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~53 m²
+3 photos

ValuationOvervalued

Sold Prices£76K - £290K
Sold Prices/m²£1.6K/m² - £11.5K/m²

 

 

Square Metres

~52.78 m²
Price/m²£3.7K/m²

Value Estimate

£132,539

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£12,350

Total Cash In

£61,100

 

 

Cash Out

 

Rent Range

£680 - £1,100

Rent Estimate

£900

Running Costs/mo

£809

Cashflow/mo

£91

Cashflow/yr

£1,088

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £76K to £290K, average is £149K. £1.6K/m² to £11.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£98K09/230.32 mi93, Grenville Road, Worcester, Worcestershire WR2 5RN2
£107K11/200.38 mi45, Grenville Road, Worcester, Worcestershire WR2 5RL2
£145K04/230.63 mi28, Lapal Close, Worcester, Worcestershire WR2 5HT2
£105K02/230.63 mi22, Lapal Close, Worcester, Worcestershire WR2 5HT2
£120K03/210.66 mi3, King Charles Place, Worcester, Worcestershire WR2 5AJ2
£157.5K05/220.79 mi9, Hales Orchard, Worcester, Worcestershire WR2 4BY2
£135K09/210.81 mi8, Bromwich Road, Worcester, Worcestershire WR2 4AA2
£140K12/201.13 miFlat 53, Newport House, Newport Street, Worcester, Worcestershire WR1 3NG2
£165K12/231.2 mi47, Magdala Court, Worcester, Worcestershire WR1 3PB2
£210K07/231.25 miFlat 93, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£240K05/211.26 miFlat 54, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£155K06/231.26 mi16, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£145K06/231.26 mi14, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£290K10/231.26 miApartment 19, Aston Court, Basin Road, Worcester, Worcestershire WR5 3FR2
£242.5K03/231.28 miApartment 11, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£285K03/231.28 miApartment 4, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£240K12/201.28 miApartment 7, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£130K04/211.3 mi29, Moor Street, Worcester, Worcestershire WR1 3DB2
£145K07/211.3 miFlat 3, Fairfax House, Fish Street, Worcester, Worcestershire WR1 2HN2
£85K08/231.31 mi72, Portland Street, Diglis, Worcester, Worcestershire WR1 2NW2
£183K03/231.33 miFlat 25, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£230K09/231.34 miAlbion Mill, Flat 32, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£76K06/231.34 miFlat 17, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£80.5K01/231.34 miFlat 29, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£207.5K10/201.35 miPlot 17, Diglis Road, Worcester, Worcestershire WR5 3BW2
£97K02/211.39 mi75, Friar Street, Worcester, Worcestershire WR1 2NA2
£150K01/231.4 miFlat 2, Wyatts Mews, Union Street, Worcester, Worcestershire WR1 2AS2
£209K12/201.41 miApartment 4, Stinton Court, Princes Drive, Worcester, Worcestershire WR1 2PE2
£270K08/231.41 miApartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF2
£150K09/211.42 miFlat 11, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£144K04/211.42 miFlat 2, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£155K12/201.42 miFlat 17, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£137.5K03/211.48 miFlat 16, St Marys Court, Sansome Walk, Worcester, Worcestershire WR1 1NU2
£155K07/231.51 mi37, Sansome Place, Worcester, Worcestershire WR1 1UA2
£180K11/231.52 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£170K11/201.52 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£164K06/211.52 miApartment 1, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£148K07/211.53 mi77, Lion Court, Worcester, Worcestershire WR1 1UT2
£167.5K03/231.53 mi65, Lion Court, Worcester, Worcestershire WR1 1UT2
£145.8K07/211.53 mi61, Lion Court, Worcester, Worcestershire WR1 1UT2
£148K02/211.53 mi79, Lion Court, Worcester, Worcestershire WR1 1UT2
£179K03/241.6 miThe Loft, Battenhall Place, Worcester, Worcestershire WR5 2DT2
£135K12/221.6 mi12, Vesta Tilley Court, Worcester, Worcestershire WR1 2BL2
£187.7K11/231.6 miFlat 24, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£160K07/231.6 miFlat 11, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£101K11/201.65 miFlat 43, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£89K06/211.65 miFlat 25, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£90K07/231.65 miFlat 26, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£85K11/231.65 miFlat 42, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£120K06/211.66 miFlat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2

Local Rents

17 rents from £680/mo to £1.1K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£89511/240.24 miCordwainers Court, Willis Place, Worcester2
£97511/240.26 miWillis Place, WORCESTER2
£68011/240.3 miFlat 7, Cinderella Court, Watery Lane, Worcester2
£95011/240.47 miCider Mill Close, Rushwick, Worcester, WR22
£85011/240.52 miBozward Street, Worcester, Worcestershire, WR22
£1,00011/240.53 miSnowdrop Way, Rushwick2
£87503/250.56 mi-2
£1,10008/240.59 mi-2
£85011/240.66 miLapal Close, Worcester2
£92511/240.7 miApartment2
£92511/240.73 miIngles Drive, Worcester, Worcester2
£85011/240.8 miHenwick Road, WORCESTER2
£85011/240.8 miSt Johns, Worcester2
£99509/240.88 mi-2
£85011/241.09 miHenwick Road, WORCESTER2
£90001/251.16 mi-2
£87511/241.21 miMagdala Court, The Butts, Worcester, Worcestershire, WR12

Local Area Statistics

Population in WR2

29,799

Population in Worcester

142,140

Town centre distance

1.51 miles away

Nearest school

0.30 miles away

Nearest train station

1.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-23%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £195,000

February 28, 2025

Listed for £200,000

August 30, 2024

Floor Plans

Description

  • 2 Bedrooms +
  • 1 Reception Room +
  • 1 Bathroom +
  • Flat/Apartment +
  • Upper Floor +
  • Resident Parking +
  • Modern +
  • Very Good Decoration +
  • Leasehold +

Step into a world of sophistication and comfort with this exquisite luxury two-bedroom apartment in the heart of St. Johns, available for offers over £195,000.

The property comprises entrance hall, open plan kitchen/living area, two bedrooms and a bathroom.

Outside the building you will find an allocated parking space and ample visitor parking. With its prime location, you'll find yourself just moments away from vibrant local shops, dining options, and lush green parks. The property also benefits from a long remaining lease.

This property would be an ideal home or investment with an expected rental of £900pcm.

Agent Details

The Property Centre, St Johns

01905 675412

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪