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





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£145,959 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £42,500£42,500 |
Stamp Duty & Legal Fees | £9,700£9,700 |
Total Cash In | £52,200£52,200 |
| |
Cash Out | |
Rent Range | £675 - £1,350£675 - £1,350 |
Rent Estimate | £750 |
Running Costs/mo | £701£701 |
Cashflow/mo | £49£49 |
Cashflow/yr | £585£585 |
ROI | 1%1% |
Gross Yield | 5%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.
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£145K | 07/21 | 0 mi | Flat 3, Fairfax House, Fish Street, Worcester, Worcestershire WR1 2HN | - | - | 2 | Flat | |
£97K | 02/21 | 0.11 mi | 75, Friar Street, Worcester, Worcestershire WR1 2NA | £2,425 | 40 | 2 | Flat | |
£150K | 01/23 | 0.11 mi | Flat 2, Wyatts Mews, Union Street, Worcester, Worcestershire WR1 2AS | - | - | 2 | Flat | |
£140K | 12/20 | 0.26 mi | Flat 53, Newport House, Newport Street, Worcester, Worcestershire WR1 3NG | - | - | 2 | Flat | |
£209K | 12/20 | 0.28 mi | Apartment 4, Stinton Court, Princes Drive, Worcester, Worcestershire WR1 2PE | - | - | 2 | Flat | |
£165K | 12/23 | 0.31 mi | 47, Magdala Court, Worcester, Worcestershire WR1 3PB | £2,012 | 82 | 2 | Flat | |
£135K | 12/22 | 0.32 mi | 12, Vesta Tilley Court, Worcester, Worcestershire WR1 2BL | £1,744 | 77 | 2 | Flat | |
£183K | 03/23 | 0.33 mi | Flat 25, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY | - | - | 2 | Flat | |
£230K | 09/23 | 0.35 mi | Albion Mill, Flat 32, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY | £11,500 | 20 | 2 | Flat | |
£76K | 06/23 | 0.35 mi | Flat 17, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY | - | - | 2 | Flat | |
£80.5K | 01/23 | 0.35 mi | Flat 29, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY | - | - | 2 | Flat | |
£85K | 08/23 | 0.36 mi | 72, Portland Street, Diglis, Worcester, Worcestershire WR1 2NW | - | - | 2 | Flat | |
£137K | 11/21 | 0.37 mi | Flat 10, Amber Reach, Spring Lane, Worcester, Worcestershire WR5 1AU | - | - | 2 | Flat | |
£155K | 07/23 | 0.38 mi | 37, Sansome Place, Worcester, Worcestershire WR1 1UA | £2,990 | 52 | 2 | Flat | |
£148K | 07/21 | 0.41 mi | 77, Lion Court, Worcester, Worcestershire WR1 1UT | £2,681 | 55 | 2 | Flat | |
£167.5K | 03/23 | 0.41 mi | 65, Lion Court, Worcester, Worcestershire WR1 1UT | £3,045 | 55 | 2 | Flat | |
£145.8K | 07/21 | 0.41 mi | 61, Lion Court, Worcester, Worcestershire WR1 1UT | £2,650 | 55 | 2 | Flat | |
£148K | 02/21 | 0.41 mi | 79, Lion Court, Worcester, Worcestershire WR1 1UT | £2,552 | 58 | 2 | Flat | |
£207.5K | 10/20 | 0.43 mi | Plot 17, Diglis Road, Worcester, Worcestershire WR5 3BW | - | - | 2 | Flat | |
£240K | 05/21 | 0.43 mi | Flat 54, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ | - | - | 2 | Flat | |
£270K | 08/23 | 0.44 mi | Apartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF | - | - | 2 | Flat | |
£210K | 07/23 | 0.44 mi | Flat 93, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ | - | - | 2 | Flat | |
£242.5K | 03/23 | 0.45 mi | Apartment 11, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ | - | - | 2 | Flat | |
£285K | 03/23 | 0.45 mi | Apartment 4, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ | - | - | 2 | Flat | |
£240K | 12/20 | 0.45 mi | Apartment 7, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ | - | - | 2 | Flat | |
£179K | 03/24 | 0.46 mi | The Loft, Battenhall Place, Worcester, Worcestershire WR5 2DT | £2,131 | 84 | 2 | Flat | |
£180K | 11/23 | 0.47 mi | Apartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ | - | - | 2 | Flat | |
£170K | 11/20 | 0.47 mi | Apartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ | - | - | 2 | Flat | |
£164K | 06/21 | 0.47 mi | Apartment 1, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ | - | - | 2 | Flat | |
£135K | 09/21 | 0.49 mi | 8, Bromwich Road, Worcester, Worcestershire WR2 4AA | £2,288 | 59 | 2 | Flat | |
£120K | 06/21 | 0.5 mi | Flat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX | - | - | 2 | Flat | |
£88K | 05/23 | 0.5 mi | Flat 4, Quay House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX | - | - | 2 | Flat | |
£80K | 10/23 | 0.5 mi | Wharf House, Flat 17, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX | £1,481 | 54 | 2 | Flat | |
£150K | 09/21 | 0.52 mi | Flat 11, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA | - | - | 2 | Flat | |
£144K | 04/21 | 0.52 mi | Flat 2, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA | - | - | 2 | Flat | |
£155K | 12/20 | 0.52 mi | Flat 17, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA | - | - | 2 | Flat | |
£157.5K | 05/22 | 0.54 mi | 9, Hales Orchard, Worcester, Worcestershire WR2 4BY | £2,511 | 63 | 2 | Flat | |
£137.5K | 11/23 | 0.54 mi | 48, Albert Road, Worcester, Worcestershire WR5 1EB | £2,477 | 56 | 2 | Flat | |
£155K | 06/23 | 0.55 mi | 16, King Edmunds Square, Worcester, Worcestershire WR1 3NL | - | - | 2 | Flat | |
£145K | 06/23 | 0.55 mi | 14, King Edmunds Square, Worcester, Worcestershire WR1 3NL | £3,372 | 43 | 2 | Flat | |
£137.5K | 03/21 | 0.55 mi | Flat 16, St Marys Court, Sansome Walk, Worcester, Worcestershire WR1 1NU | - | - | 2 | Flat | |
£130K | 04/21 | 0.57 mi | 29, Moor Street, Worcester, Worcestershire WR1 3DB | £2,708 | 48 | 2 | Flat | |
£100K | 10/20 | 0.63 mi | 41, Elmfield Gardens, Worcester, Worcestershire WR5 2HF | £1,818 | 55 | 2 | Flat | |
£74.8K | 05/21 | 0.63 mi | 8, Sawmill Close, Worcester, Worcestershire WR5 1EU | £1,565 | 48 | 2 | Flat | |
£120K | 03/21 | 0.64 mi | 3, King Charles Place, Worcester, Worcestershire WR2 5AJ | - | - | 2 | Flat | |
£140K | 09/23 | 0.64 mi | 19, Kennet Green, Worcester, Worcestershire WR5 1JQ | £2,768 | 51 | 2 | Flat | |
£150K | 06/23 | 0.64 mi | 9, Kennet Green, Worcester, Worcestershire WR5 1JQ | £2,713 | 55 | 2 | Flat | |
£175K | 07/24 | 0.64 mi | 31, Kennet Green, Worcester, Worcestershire WR5 1JQ | £3,431 | 51 | 2 | Flat | |
£115K | 12/20 | 0.65 mi | 11, Elmfield Gardens, Worcester, Worcestershire WR5 2HF | £1,667 | 69 | 2 | Flat | |
£100K | 10/20 | 0.65 mi | 41, Elmfield Gardens, Worcester, Worcestershire WR5 2HF | £1,818 | 55 | 2 | Flat |
Local Rents
48 rents from £675/mo to £1.4K/mo, average is £925/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,100 | 11/24 | 0.05 mi | The Old Fire Station, Copenhagen Street | 2 | Flat | |
£750 | 11/24 | 0.12 mi | Worcester, Worcestershire | 2 | Flat | |
£999 | 11/24 | 0.13 mi | - | 2 | Flat | |
£999 | 03/25 | 0.13 mi | - | 2 | Flat | |
£999 | 11/24 | 0.13 mi | Friar Street, Worcester, WR1 | 2 | Flat | |
£750 | 11/24 | 0.13 mi | Wyatts Mews, Union Street, Worcester City Centre, WR1 | 2 | Flat | |
£795 | 11/24 | 0.13 mi | College Street, Worcester | 2 | Flat | |
£750 | 11/24 | 0.15 mi | 21 Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN | 2 | Flat | |
£750 | 11/24 | 0.15 mi | Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN | 2 | Flat | |
£875 | 11/24 | 0.19 mi | Severn Street, Worcester, Worcestershire | 2 | Terraced House | |
£900 | 01/25 | 0.24 mi | - | 2 | Flat | |
£950 | 11/24 | 0.27 mi | - | 2 | Flat | |
£950 | 01/25 | 0.27 mi | - | 2 | Flat | |
£1,050 | 02/24 | 0.28 mi | - | 2 | Flat | |
£1,250 | 11/24 | 0.29 mi | Foregate Street, Worcester | 2 | Flat | |
£950 | 11/24 | 0.29 mi | Bath Road, Worcester, WR5 | 2 | Flat | |
£1,150 | 12/24 | 0.3 mi | - | 2 | Flat | |
£895 | 11/24 | 0.3 mi | *LET AGREED* Bath Road, WR5 | 2 | Flat | |
£1,350 | 03/25 | 0.3 mi | - | 2 | Flat | |
£875 | 11/24 | 0.31 mi | Magdala Court, The Butts, Worcester, Worcestershire, WR1 | 2 | Flat | |
£1,050 | 11/24 | 0.34 mi | - | 2 | Flat | |
£850 | 11/24 | 0.34 mi | St Wulstans Court, Bath Road, Worcester, WR5 | 2 | Flat | |
£1,250 | 12/24 | 0.37 mi | - | 2 | Flat | |
£925 | 11/24 | 0.37 mi | Spring Lane, WORCESTER | 2 | Terraced House | |
£825 | 11/24 | 0.41 mi | POPULAR CITY CENTRE LOCATION - Lion Court, Worcester, WR1 | 2 | Flat | |
£895 | 11/24 | 0.42 mi | **LET AGREED** Diglis Road, WR5 | 2 | Flat | |
£830 | 11/24 | 0.42 mi | - | 2 | Terraced House | |
£795 | 11/24 | 0.43 mi | Hill Street, Worcester | 2 | Flat | |
£1,250 | 11/24 | 0.43 mi | Apartment 21, Waters Reach, Armstrong Drive, Worcester, Worcestershire, WR1 2GH | 2 | Flat | |
£975 | 10/24 | 0.46 mi | - | 2 | Terraced House | |
£900 | 11/24 | 0.5 mi | Southfield Street, WORCESTER | 2 | Terraced House | |
£995 | 11/24 | 0.51 mi | - | 2 | Flat | |
£925 | 03/25 | 0.51 mi | - | 2 | Terraced House | |
£675 | 11/24 | 0.52 mi | Arboretum Road, Worcester | 2 | Flat | |
£900 | 03/25 | 0.52 mi | - | 2 | Flat | |
£950 | 11/24 | 0.53 mi | Byfield Rise, Worcester, WR5 | 2 | Terraced House | |
£795 | 11/24 | 0.56 mi | Battenhall Road, Worcestershire | 2 | Flat | |
£995 | 11/24 | 0.57 mi | Northfield Street, Worcester, Worcestershire, WR1 | 2 | Flat | |
£1,095 | 11/24 | 0.57 mi | Surman Street, Worcester, WR1 1HL | 2 | Flat | |
£950 | 02/25 | 0.57 mi | - | 2 | Terraced House | |
£1,300 | 11/24 | 0.57 mi | Surman Street, Worcester | 2 | Flat | |
£895 | 01/25 | 0.58 mi | - | 2 | Flat | |
£975 | 02/25 | 0.59 mi | - | 2 | Flat | |
£925 | 11/24 | 0.6 mi | Apartment | 2 | Flat | |
£925 | 11/24 | 0.6 mi | Ingles Drive, Worcester, Worcester | 2 | Flat | |
£850 | 11/24 | 0.61 mi | Henwick Road, WORCESTER | 2 | Flat | |
£850 | 11/24 | 0.61 mi | St Johns, Worcester | 2 | Flat | |
£840 | 03/25 | 0.62 mi | - | 2 | Flat |
Local Area Statistics
Population in WR1 | 9,2299,229 |
Population in Worcester | 142,140142,140 |
Town centre distance | 0.24 miles away0.24 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.34 miles away0.34 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +25%+25% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +18%+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.
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