2 Bed Terraced House, Single Let, Worcester, WR1 2NY, £200,000

12 Albion Mill, Portland Street, Diglis, Worcester. WR1 2NY - 5 views - 7 months ago

Leasehold
BTL
~71 m²
+7 photos

ValuationOvervalued

Sold Prices£130K - £467.5K
Sold Prices/m²£1.3K/m² - £4.1K/m²

 

 

Square Metres

~70.88 m²
Price/m²£2.8K/m²

Value Estimate

£192,932

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£750 - £1,250

Rent Estimate

£750

Running Costs/mo

£795

Cashflow/mo

£-45

Cashflow/yr

£-540

Gross Yield

5%

Local Sold Prices

51 sold prices from £130K to £467.5K, average is £216.5K. £1.3K/m² to £4.1K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£135K12/200.03 mi58, Portland Street, Worcester, Worcestershire WR1 2NW2
£198K05/230.03 mi56, Portland Street, Diglis, Worcester, Worcestershire WR1 2NW2
£193K04/210.07 mi11a, Diglis Road, Worcester, Worcestershire WR5 3BW2
£230K12/200.08 mi28, Portland Street, Worcester, Worcestershire WR1 2NL2
£199.5K03/230.1 mi18, Severn Street, Worcester, Worcestershire WR1 2ND2
£255K07/210.13 mi3, Diglis Avenue, Worcester, Worcestershire WR1 2NS2
£243K11/230.13 mi4, Diglis Avenue, Worcester, Worcestershire WR1 2NS2
£170K02/210.13 mi14, Severn Street, Worcester, Worcestershire WR1 2ND2
£205K02/210.17 mi5, Bolston Road, Worcester, Worcestershire WR5 2JE2
£245K07/230.17 mi8, Bolston Road, Worcester, Worcestershire WR5 2JE2
£275K12/220.2 mi108, Woolhope Road, Worcester, Worcestershire WR5 2AP2
£131K10/210.23 miMews 20, 3 Sidbury House, College Street, Worcester, Worcestershire WR1 2LT2
£180K01/210.28 mi29, Hamilton Road, Worcester, Worcestershire WR5 1AG2
£230K04/230.28 mi34, Hamilton Road, Worcester, Worcestershire WR5 1AG2
£270K08/240.28 mi10, Hamilton Road, Worcester, Worcestershire WR5 1AG2
£228K05/240.3 mi24, Derby Road, Worcester, Worcestershire WR5 1AE2
£250K08/230.32 mi140, Bath Road, Worcester, Worcestershire WR5 3EP2
£340K04/230.33 mi61, Diglis Lane, Worcester, Worcestershire WR5 3DQ2
£318K12/230.36 mi30, St Dunstans Close, Worcester, Worcestershire WR5 2AJ2
£216.5K12/200.37 mi110, London Road, Worcester, Worcestershire WR5 2DY2
£160K10/210.37 mi66, London Road, Worcester, Worcestershire WR5 2DY2
£303.4K11/210.37 mi112, London Road, Worcester, Worcestershire WR5 2DY2
£340K10/230.37 mi112, London Road, Worcester, Worcestershire WR5 2DY2
£217.5K10/210.39 mi3, Battenhall Walk, Worcester, Worcestershire WR5 2BN2
£162.5K04/210.39 mi31, Rose Hill, Worcester, Worcestershire WR5 1EY2
£467.5K07/230.39 miRose Hill Cottage, Rose Hill, Worcester, Worcestershire WR5 1EY2
£205K06/240.39 mi14, Richmond Road, Worcester, Worcestershire WR5 1DH2
£250K02/230.4 mi29, St Wulstans Crescent, Worcester, Worcestershire WR5 1DQ2
£276K03/230.4 mi12, St Wulstans Crescent, Worcester, Worcestershire WR5 1DQ2
£230K03/210.43 mi91, Diglis Lane, Worcester, Worcestershire WR5 3DQ2
£207K01/230.44 mi14, Berwick Street, Worcester, Worcestershire WR5 3EA2
£235.1K08/230.44 mi10, Berwick Street, Worcester, Worcestershire WR5 3EA2
£235.1K08/230.44 mi10, Berwick Street, Worcester, Worcestershire WR5 3EA2
£182K12/200.45 mi15, Vincent Road, Worcester, Worcestershire WR5 1AZ2
£210K03/230.45 mi13, Vincent Road, Worcester, Worcestershire WR5 1AZ2
£287.5K03/210.46 mi176, Wylds Lane, Worcester, Worcestershire WR5 1DN2
£165K11/200.49 mi94, Vincent Road, Worcester, Worcestershire WR5 1AY2
£160K02/210.49 mi32, Vincent Road, Worcester, Worcestershire WR5 1AY2
£175.5K05/210.49 mi62, Vincent Road, Worcester, Worcestershire WR5 1AY2
£168.5K10/210.49 mi92, Vincent Road, Worcester, Worcestershire WR5 1AY2
£165K06/210.49 mi56, Vincent Road, Worcester, Worcestershire WR5 1AY2
£168.5K10/210.49 mi92, Vincent Road, Worcester, Worcestershire WR5 1AY2
£168.5K10/210.49 mi92, Vincent Road, Worcester, Worcestershire WR5 1AY2
£180K03/210.51 mi13, Edward Close, Worcester, Worcestershire WR5 1DE2
£275K09/230.52 mi180, Bath Road, Worcester, Worcestershire WR5 3ER2
£250K07/240.52 mi214, Bath Road, Worcester, Worcestershire WR5 3ER2
£337K05/230.53 mi83, Sebright Avenue, Worcester, Worcestershire WR5 2HJ2
£253K08/240.55 mi10, Orchard Street, Worcester, Worcestershire WR5 3DY2
£130K03/230.55 mi22, Spring Lane, Worcester, Worcestershire WR5 1AU2
£188K09/230.55 mi18, Spring Lane, Worcester, Worcestershire WR5 1AU2
£165K04/230.56 mi81, Stanley Road, Worcester, Worcestershire WR5 1BE2

Local Rents

40 rents from £750/mo to £1.3K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£85011/240.04 miSt Wulstans Court, Bath Road, Worcester, WR52
£1,05011/240.05 mi-2
£1,15012/240.06 mi-2
£89511/240.07 mi**LET AGREED** Diglis Road, WR52
£83011/240.07 mi-2
£1,25011/240.1 miApartment 21, Waters Reach, Armstrong Drive, Worcester, Worcestershire, WR1 2GH2
£95011/240.11 mi-2
£95001/250.11 mi-2
£1,05002/240.12 mi-2
£89511/240.13 mi*LET AGREED* Bath Road, WR52
£95011/240.16 miBath Road, Worcester, WR52
£87511/240.16 miSevern Street, Worcester, Worcestershire2
£79511/240.23 miCollege Street, Worcester2
£97502/250.28 mi-2
£99911/240.3 mi-2
£99903/250.3 mi-2
£99911/240.3 miFriar Street, Worcester, WR12
£79511/240.32 miBattenhall Road, Worcestershire2
£75011/240.33 miWyatts Mews, Union Street, Worcester City Centre, WR12
£1,15011/240.35 miWoodhouse Close, Riverbank Court, WR52
£1,25011/240.36 miMillwright House, Basin Road, Worcester, Worcestershire, WR5 3GR2
£99511/240.37 miBasin Road, WORCESTER2
£1,20011/240.39 miWoodhouse Close, Worcester, Worcestershire, WR52
£1,10011/240.39 miThe Old Fire Station, Copenhagen Street2
£1,10011/240.39 miLockwheel House, 4 Woodhouse Close, Worcester, WR52
£89511/240.41 miCavalier Crescent, Worcester, Worcestershire, WR52
£75011/240.42 miWorcester, Worcestershire2
£75011/240.42 mi21 Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£75011/240.44 miNicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£99511/240.46 mi3 Orchard Mews, Orchard Street, Worcester, Worcestershire, WR52
£84003/250.46 mi-2
£1,10002/250.46 mi-2
£85002/240.52 mi-2
£85002/240.52 mi-2
£90001/250.52 mi-2
£85011/240.52 miBath Road, Worcester, WR52
£92511/240.55 miSpring Lane, WORCESTER2
£90001/250.56 mi-2
£92503/250.56 mi-2
£79511/240.6 miHill Street, Worcester2

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £200,000

September 19, 2024

Floor Plans

Description

A fabulous opportunity to acquire a 1/2 bedroom ground floor Apartment enjoying its own private garden overlooking the canal and benefiting from allocated parking space. NO ONWARD CHAIN. Accommodation briefly comprises: Entrance Hall, open-plan Kitchen/Living Room, bi-folding double doors to Dining Room/occasional Bedroom, Bedroom 1 with En-Suite Shower Room and further Bathroom. Outside: Private terrace garden and allocated parking space. From Communal Area door provides access into: ENTRANCE HALL With ceiling light point and double opening doors to: UTILITY CUPBOARD With space and plumbing for washing machine, hot water tank, useful lighting and shelving. OPEN-PLAN KITCHEN / LIVING ROOM
21'0" maximum x 14'4" maximum 21'1" minimum Initially into: Kitchen Area Fitted with matching base and wall mounted units, incorporating one and a half bowl stainless steel single drainer sink unit with mixer tap over, integral appliances to include oven with hob over, space for fridge/freezer, recessed ceiling light points, extractor fan, under lighting. Living Room Area With ceiling light points, double glazed door providing access out to the terrace garden and double opening bi-fold doors to: DINING ROOM / OCCASIONAL BEDROOM
14'1" x 9'9" With ceiling light point, window to front aspect overlooking canal, full height windows to the side and double glazed door providing access to garden area. BEDROOM 1
11'7" maximum 9'3" minimum x 10'2" With full height windows to front aspect, double glazed door providing access to garden, ceiling light point, double opening wardrobe, further useful cupboard space and door to: En-Suite Shower Room Fitted with low level W.C., wall mounted wash hand basin with mixer tap over, fully tiled shower cubicle, ceiling light point, extractor fan, inset shelving with further lighting, inset cupboard with mirrored door, shaver point. BATHROOM Fitted with low level W.C., wall mounted wash hand basin with mixer tap over, bath with shower over, part tiled walls, inset cupboard space with mirrored door, ceiling light point, shaver point, extractor fan, heated towel rail. OUTSIDE: A real benefit of the property is the private garden terrace, which is fully enclosed with a pleasant outlook over canal to the front. . The property benefits from private allocated parking space within the main carpark. AGENT'S NOTE: The property benefits from underfloor heating throughout.

Agent Details

Allan Morris Worcester, Worcester

01905 975078

Next Steps?

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