2 Bed Flat, Single Let, Worcester, WR3 7RE, £220,000

4 Severn Grange, Northwick Road, Bevere, Worcester WR3 7RE - 2 views - 6 months ago

Sold STC
BTL
70 m²
+18 photos

ValuationOvervalued

Sold Prices£75K - £180.1K
Sold Prices/m²£1.4K/m² - £2.7K/m²

 

 

Square Metres

70 m²
Price/m²£3.1K/m²

Value Estimate

£184,932

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£850 - £950

Rent Estimate

£851

Running Costs/mo

£878

Cashflow/mo

£-27

Cashflow/yr

£-320

Gross Yield

5%

Local Sold Prices

21 sold prices from £75K to £180.1K, average is £140K. £1.4K/m² to £2.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£153K09/220.45 miFlat 14, Pinewood House, Coombs Road, Worcester, Worcestershire WR3 7HW2
£140K03/230.46 miFlat 10, Bevere House, Bevere Green, Bevere, Worcester, Worcestershire WR3 7RG2
£168K05/220.74 miApartment 15, Weavers Court, Checketts Lane, Worcester, Worcestershire WR3 7NX2
£145.8K04/210.78 mi20, Sky Court, Worcester, Worcestershire WR3 7QJ2
£135K10/230.78 mi3, Sky Court, Worcester, Worcestershire WR3 7QJ2
£91.1K12/220.87 mi8, Checketts Close, Worcester, Worcestershire WR3 7JZ2
£101K06/230.88 miFlat 28, Checketts Court, Droitwich Road, Worcester, Worcestershire WR3 7JU2
£123K10/210.88 miFlat 7, Checketts Court, Droitwich Road, Worcester, Worcestershire WR3 7JU2
£155K07/230.89 miFlat 15, Pinewood House, Coombs Road, Worcester, Worcestershire WR3 7HW2
£132K11/210.97 mi38, Penbury Street, Worcester, Worcestershire WR3 7JD2
£170K01/230.97 miFlat 40, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£75K12/210.97 miApartment 6, Oakleigh Court, Moseley Road, Hallow, Worcester, Worcestershire WR2 6NH2
£135K08/210.98 miFlat 44, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£157K09/210.98 miFlat 30, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£140K05/210.98 miFlat 12, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£180.1K11/230.98 miBarbourne Works, Flat 31, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£156K06/230.98 miFlat 22, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£127.5K12/200.98 miFlat 28, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£162K04/230.98 miFlat 38, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£117K02/221 miApartment 10, Oakleigh Court, Moseley Road, Hallow, Worcester, Worcestershire WR2 6NH2
£80K02/221 miApartment 3, Oakleigh Court, Moseley Road, Hallow, Worcester, Worcestershire WR2 6NH2

Local Rents

10 rents from £850/mo to £950/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£86011/240.8 mi-2
£87507/240.84 mi-2
£85011/230.9 mi-2
£90012/240.9 mi-2
£85011/240.98 miBarbourne Works, Northwick Avenue, Worcester, WR32
£95011/240.99 mi**LET AGREED** Hallow, WR22
£89511/241.02 miPerdiswell Street, Worcester, WR32
£92504/251.1 mi-2
£95001/251.17 mi-2
£92503/251.23 mi-2

Local Area Statistics

Population in WR3

20,397

Population in Worcester

142,140

Town centre distance

2.58 miles away

Nearest school

0.70 miles away

Nearest train station

2.12 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Price changed to £220,000

November 15, 2024

Listed for £235,000

October 3, 2024

Floor Plans

Description

  • A Duplex Apartment +
  • Ground And First Floors +
  • Two Bedrooms +
  • Living/Dining Room +
  • Kitchen +
  • Cloakroom +
  • Bathroom Suite with Bath and Shower +
  • Communal Gardens +
  • 31 Foot Tandem Garage +
  • Allocated Car Parking Space +

Experience the charm of this well-presented two double bedroom duplex apartment, perfectly positioned in the serene Bevere area on the Northern outskirts of the City, that is offered with NO ONWARD CHAIN. Step into the main building and make your way to the lower ground floor, although in reality the accommodation is on the ground and first floors, there you'll find the spacious sitting room which also has a dining area, ideal for relaxation and entertaining. The sliding patio doors seamlessly connect the indoor and outdoor living spaces allowing you to enjoy the communal grounds, while the kitchen and cloakroom provide the practicality you need. Ascend the stairs to discover two bedrooms and a bathroom suite, all boasting views over the communal gardens. Furthermore, this property offers a tandem garage en bloc and an additional allocated parking space. Don't miss the opportunity to make this apartment your own! SHARE OF FREEHOLD Council Tax Band C - Wychavon Council. Lease 982years remaining Ground Rent £5 per year Annual Service Charge - £1,800

Agent Details

Shelton & Lines, Worcester

01905 672222

Next Steps?

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