2 Bed Flat, Single Let, Worcester, WR1 1UT, £160,000

Lion Court, Worcester, Worcestershire, WR1 1UT - 6 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£74.8K - £270K
Sold Prices/m²£1.5K/m² - £11.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£177,089
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£650 - £2,167

Rent Estimate

£706

Running Costs/mo

£661

Cashflow/mo

£45

Cashflow/yr

£538

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £74.8K to £270K, average is £145K. £1.5K/m² to £11.5K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£148K07/210.01 mi77, Lion Court, Worcester, Worcestershire WR1 1UT2
£167.5K03/230.01 mi65, Lion Court, Worcester, Worcestershire WR1 1UT2
£145.8K07/210.01 mi61, Lion Court, Worcester, Worcestershire WR1 1UT2
£148K02/210.01 mi79, Lion Court, Worcester, Worcestershire WR1 1UT2
£155K07/230.04 mi37, Sansome Place, Worcester, Worcestershire WR1 1UA2
£170K11/200.07 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£164K06/210.07 miApartment 1, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£180K11/230.08 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£120K06/210.13 miFlat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£88K05/230.13 miFlat 4, Quay House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£80K10/230.13 miWharf House, Flat 17, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£270K08/230.15 miApartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF2
£137.5K03/210.2 miFlat 16, St Marys Court, Sansome Walk, Worcester, Worcestershire WR1 1NU2
£150K09/210.21 miFlat 11, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£144K04/210.21 miFlat 2, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£155K12/200.21 miFlat 17, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£135K12/220.28 mi12, Vesta Tilley Court, Worcester, Worcestershire WR1 2BL2
£165K12/230.33 mi47, Magdala Court, Worcester, Worcestershire WR1 3PB2
£137K11/210.36 miFlat 10, Amber Reach, Spring Lane, Worcester, Worcestershire WR5 1AU2
£130K04/210.36 mi29, Moor Street, Worcester, Worcestershire WR1 3DB2
£155K06/230.37 mi16, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£145K06/230.37 mi14, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£150K01/230.41 miFlat 2, Wyatts Mews, Union Street, Worcester, Worcestershire WR1 2AS2
£140K12/200.41 miFlat 53, Newport House, Newport Street, Worcester, Worcestershire WR1 3NG2
£131.5K12/200.42 mi22, Lansdowne Rise, Worcester, Worcestershire WR3 8LN2
£145K07/210.42 miFlat 3, Fairfax House, Fish Street, Worcester, Worcestershire WR1 2HN2
£97K02/210.45 mi75, Friar Street, Worcester, Worcestershire WR1 2NA2
£187.7K11/230.53 miFlat 24, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£160K07/230.53 miFlat 11, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£140K09/230.56 mi19, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£150K06/230.56 mi9, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£175K07/240.56 mi31, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£146K07/220.65 mi4, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH2
£209K12/200.65 miApartment 4, Stinton Court, Princes Drive, Worcester, Worcestershire WR1 2PE2
£135K07/220.65 mi6, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH2
£137.5K11/230.7 mi48, Albert Road, Worcester, Worcestershire WR5 1EB2
£101K11/200.72 miFlat 43, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£89K06/210.72 miFlat 25, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£90K07/230.72 miFlat 26, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£85K11/230.72 miFlat 42, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£74.8K05/210.72 mi8, Sawmill Close, Worcester, Worcestershire WR5 1EU2
£183K03/230.73 miFlat 25, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£230K09/230.75 miAlbion Mill, Flat 32, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£76K06/230.75 miFlat 17, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£80.5K01/230.75 miFlat 29, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£179K03/240.76 miThe Loft, Battenhall Place, Worcester, Worcestershire WR5 2DT2
£85K08/230.77 mi72, Portland Street, Diglis, Worcester, Worcestershire WR1 2NW2
£135K10/210.8 mi9, Turrall Street, Worcester, Worcestershire WR3 8AJ2
£135K09/210.81 mi8, Bromwich Road, Worcester, Worcestershire WR2 4AA2
£240K05/210.85 miFlat 54, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2

Local Rents

45 rents from £650/mo to £2.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£82511/240.01 miPOPULAR CITY CENTRE LOCATION - Lion Court, Worcester, WR12
£97509/240.06 mi-2
£90011/240.08 miSouthfield Street, WORCESTER2
£92503/250.09 mi-2
£67511/240.12 miArboretum Road, Worcester2
£1,25004/250.15 mi-2
£99511/240.17 miNorthfield Street, Worcester, Worcestershire, WR12
£95002/250.17 mi-2
£1,25011/240.18 miForegate Street, Worcester2
£1,35004/250.19 mi-2
£90004/250.24 mi-2
£65002/240.27 mi-2
£99511/240.27 mi-2
£1,09511/240.28 miSurman Street, Worcester, WR1 1HL2
£1,30011/240.28 miSurman Street, Worcester2
£82511/240.28 miChestnut Street, Arboretum, Worcester, WR12
£89502/250.3 mi-2
£75011/240.31 miNicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£87511/240.33 miMagdala Court, The Butts, Worcester, Worcestershire, WR12
£75011/240.33 miWorcester, Worcestershire2
£75011/240.33 mi21 Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£92511/240.36 miSpring Lane, WORCESTER2
£79511/240.37 miHill Street, Worcester2
£90001/250.39 mi-2
£1,10011/240.4 miThe Old Fire Station, Copenhagen Street2
£75011/240.42 miWyatts Mews, Union Street, Worcester City Centre, WR12
£99911/240.45 mi-2
£99903/250.45 mi-2
£99911/240.45 miFriar Street, Worcester, WR12
£70011/240.47 miAshford House, Rainbow Hill, Worcester, WR32
£95011/240.47 miByfield Rise, Worcester, WR52
£85011/240.5 mi-2
£85011/240.5 miBarbourne Road, Worcester, WR12
£79511/240.51 miCollege Street, Worcester2
£2,16710/240.53 mi-2
£85007/230.54 mi-2
£92509/240.54 mi-2
£89511/240.57 miOld Baskerville, Barbourne Road, Worcester2
£75011/240.57 miFlat 7, Old Baskerville, Barbourne Road, Worcester, Worcestershire, WR1 1RU2
£97512/240.58 mi-2
£95011/240.58 miAlbany Road, Worcester2
£85011/240.59 miThorneloe Place, Thorneloe Walk, Worcester, Worcestershire, WR12
£87511/240.59 miSevern Street, Worcester, Worcestershire2
£90011/240.6 miSt. Georges Lane South, Barbourne, Worcester, WR12
£99503/240.6 mi-2

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.48 miles away

Nearest school

0.40 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £160,000

September 27, 2024

Sold for £60,000

2007

Sold for £121,500

2003

Sold for £65,500

2000

Floor Plans

Description

Situated in a sought-after area, this charming ground floor apartment offers a fantastic opportunity for comfortable living. Boasting two well-proportioned bedrooms, this property is perfect for a small family or professionals looking for a convenient and cosy home.

The spacious living room provides a welcoming atmosphere, ideal for relaxing or entertaining guests. The kitchen is equipped with fitted appliances, making cooking a delight. Additionally, the property benefits from off-street parking, ensuring convenience and security for residents.

Conveniently located near local amenities, shops, and public transport links, this apartment offers a desirable lifestyle for its occupants. With its contemporary design and convenient location, this property presents a fantastic opportunity for those seeking a comfortable and stylish living space. Don't miss the chance to make this apartment your new home. Contact us now to arrange a viewing.
Council Tax:
Band: B
Ground Rent - £75 PA

Agent Details

CJ Hole, Worcester

01905 975079

Next Steps?

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