2 Bed Flat, Motivated Seller, Worcester, WR1 2HN, £170,000

19, Fish Street, Worcester, Hereford and Worcester, WR1 2HN - 1 views - 6 months ago

Leasehold
Motivated
BTL
ROI: 1%
~57 m²
+10 photos

ValuationOvervalued

Sold Prices£74.8K - £285K
Sold Prices/m²£1.5K/m² - £11.5K/m²

 

 

Square Metres

~57.20 m²
Price/m²£3K/m²

Value Estimate

£145,959

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£675 - £1,350

Rent Estimate

£750

Running Costs/mo

£701

Cashflow/mo

£49

Cashflow/yr

£585

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £74.8K to £285K, average is £148K. £1.5K/m² to £11.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£145K07/210 miFlat 3, Fairfax House, Fish Street, Worcester, Worcestershire WR1 2HN2
£97K02/210.11 mi75, Friar Street, Worcester, Worcestershire WR1 2NA2
£150K01/230.11 miFlat 2, Wyatts Mews, Union Street, Worcester, Worcestershire WR1 2AS2
£140K12/200.26 miFlat 53, Newport House, Newport Street, Worcester, Worcestershire WR1 3NG2
£209K12/200.28 miApartment 4, Stinton Court, Princes Drive, Worcester, Worcestershire WR1 2PE2
£165K12/230.31 mi47, Magdala Court, Worcester, Worcestershire WR1 3PB2
£135K12/220.32 mi12, Vesta Tilley Court, Worcester, Worcestershire WR1 2BL2
£183K03/230.33 miFlat 25, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£230K09/230.35 miAlbion Mill, Flat 32, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£76K06/230.35 miFlat 17, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£80.5K01/230.35 miFlat 29, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£85K08/230.36 mi72, Portland Street, Diglis, Worcester, Worcestershire WR1 2NW2
£137K11/210.37 miFlat 10, Amber Reach, Spring Lane, Worcester, Worcestershire WR5 1AU2
£155K07/230.38 mi37, Sansome Place, Worcester, Worcestershire WR1 1UA2
£148K07/210.41 mi77, Lion Court, Worcester, Worcestershire WR1 1UT2
£167.5K03/230.41 mi65, Lion Court, Worcester, Worcestershire WR1 1UT2
£145.8K07/210.41 mi61, Lion Court, Worcester, Worcestershire WR1 1UT2
£148K02/210.41 mi79, Lion Court, Worcester, Worcestershire WR1 1UT2
£207.5K10/200.43 miPlot 17, Diglis Road, Worcester, Worcestershire WR5 3BW2
£240K05/210.43 miFlat 54, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£270K08/230.44 miApartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF2
£210K07/230.44 miFlat 93, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£242.5K03/230.45 miApartment 11, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£285K03/230.45 miApartment 4, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£240K12/200.45 miApartment 7, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£179K03/240.46 miThe Loft, Battenhall Place, Worcester, Worcestershire WR5 2DT2
£180K11/230.47 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£170K11/200.47 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£164K06/210.47 miApartment 1, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£135K09/210.49 mi8, Bromwich Road, Worcester, Worcestershire WR2 4AA2
£120K06/210.5 miFlat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£88K05/230.5 miFlat 4, Quay House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£80K10/230.5 miWharf House, Flat 17, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£150K09/210.52 miFlat 11, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£144K04/210.52 miFlat 2, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£155K12/200.52 miFlat 17, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£157.5K05/220.54 mi9, Hales Orchard, Worcester, Worcestershire WR2 4BY2
£137.5K11/230.54 mi48, Albert Road, Worcester, Worcestershire WR5 1EB2
£155K06/230.55 mi16, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£145K06/230.55 mi14, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£137.5K03/210.55 miFlat 16, St Marys Court, Sansome Walk, Worcester, Worcestershire WR1 1NU2
£130K04/210.57 mi29, Moor Street, Worcester, Worcestershire WR1 3DB2
£100K10/200.63 mi41, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£74.8K05/210.63 mi8, Sawmill Close, Worcester, Worcestershire WR5 1EU2
£120K03/210.64 mi3, King Charles Place, Worcester, Worcestershire WR2 5AJ2
£140K09/230.64 mi19, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£150K06/230.64 mi9, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£175K07/240.64 mi31, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£115K12/200.65 mi11, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£100K10/200.65 mi41, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2

Local Rents

48 rents from £675/mo to £1.4K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£1,10011/240.05 miThe Old Fire Station, Copenhagen Street2
£75011/240.12 miWorcester, Worcestershire2
£99911/240.13 mi-2
£99903/250.13 mi-2
£99911/240.13 miFriar Street, Worcester, WR12
£75011/240.13 miWyatts Mews, Union Street, Worcester City Centre, WR12
£79511/240.13 miCollege Street, Worcester2
£75011/240.15 mi21 Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£75011/240.15 miNicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£87511/240.19 miSevern Street, Worcester, Worcestershire2
£90001/250.24 mi-2
£95011/240.27 mi-2
£95001/250.27 mi-2
£1,05002/240.28 mi-2
£1,25011/240.29 miForegate Street, Worcester2
£95011/240.29 miBath Road, Worcester, WR52
£1,15012/240.3 mi-2
£89511/240.3 mi*LET AGREED* Bath Road, WR52
£1,35003/250.3 mi-2
£87511/240.31 miMagdala Court, The Butts, Worcester, Worcestershire, WR12
£1,05011/240.34 mi-2
£85011/240.34 miSt Wulstans Court, Bath Road, Worcester, WR52
£1,25012/240.37 mi-2
£92511/240.37 miSpring Lane, WORCESTER2
£82511/240.41 miPOPULAR CITY CENTRE LOCATION - Lion Court, Worcester, WR12
£89511/240.42 mi**LET AGREED** Diglis Road, WR52
£83011/240.42 mi-2
£79511/240.43 miHill Street, Worcester2
£1,25011/240.43 miApartment 21, Waters Reach, Armstrong Drive, Worcester, Worcestershire, WR1 2GH2
£97510/240.46 mi-2
£90011/240.5 miSouthfield Street, WORCESTER2
£99511/240.51 mi-2
£92503/250.51 mi-2
£67511/240.52 miArboretum Road, Worcester2
£90003/250.52 mi-2
£95011/240.53 miByfield Rise, Worcester, WR52
£79511/240.56 miBattenhall Road, Worcestershire2
£99511/240.57 miNorthfield Street, Worcester, Worcestershire, WR12
£1,09511/240.57 miSurman Street, Worcester, WR1 1HL2
£95002/250.57 mi-2
£1,30011/240.57 miSurman Street, Worcester2
£89501/250.58 mi-2
£97502/250.59 mi-2
£92511/240.6 miApartment2
£92511/240.6 miIngles Drive, Worcester, Worcester2
£85011/240.61 miHenwick Road, WORCESTER2
£85011/240.61 miSt Johns, Worcester2
£84003/250.62 mi-2

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.24 miles away

Nearest school

0.20 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £170,000

November 1, 2024

Listed for £177,500

October 2, 2024

Floor Plans

Description

  • Leasehold 999 years from 25 December 2002 +
  • Share Of Freehold - Council Tax Band C Service Charge £850 P/Y +
  • Two Bedrooms, Apartment +
  • New Kitchen +
  • City Centre Location +
  • First Floor +
  • Outdoor Storage +
  • Close To Local Amenities +
  • Transport Links Locally and Further Afield +
  • Viewing Highly Recommended +

Located in the city centre, this first floor apartment is in a prime position for young professionals or first time buyers. Offering a modern interior and outdoor storage, this is not one to be missed.

This apartment is located in Worcester with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation briefly comprises a welcoming entrance way, a lounge/diner and a modern fitted kitchen.

Additionally, the apartment boasts two well-proportioned bedrooms and a three-piece bathroom with a tub-shower combination, a hand wash basin and a WC.

Externally, the property benefits from outdoor storage.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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