2 Bed Flat, Single Let, Worcester, WR3 7QJ, £140,000

Sky Court, Worcester, WR3 7QJ - 6 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£85K - £240K
Sold Prices/m²£1.4K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£147,167
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£650 - £2,200

Rent Estimate

£738

Running Costs/mo

£605

Cashflow/mo

£133

Cashflow/yr

£1,595

ROI

4%

Gross Yield

6%

Local Sold Prices

36 sold prices from £85K to £240K, average is £149.4K. £1.4K/m² to £3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£145.8K04/210.01 mi20, Sky Court, Worcester, Worcestershire WR3 7QJ2
£135K10/230.01 mi3, Sky Court, Worcester, Worcestershire WR3 7QJ2
£168K05/220.05 miApartment 15, Weavers Court, Checketts Lane, Worcester, Worcestershire WR3 7NX2
£91.1K12/220.09 mi8, Checketts Close, Worcester, Worcestershire WR3 7JZ2
£101K06/230.1 miFlat 28, Checketts Court, Droitwich Road, Worcester, Worcestershire WR3 7JU2
£123K10/210.1 miFlat 7, Checketts Court, Droitwich Road, Worcester, Worcestershire WR3 7JU2
£155K07/230.22 miFlat 15, Pinewood House, Coombs Road, Worcester, Worcestershire WR3 7HW2
£132K11/210.28 mi38, Penbury Street, Worcester, Worcestershire WR3 7JD2
£153K09/220.41 miFlat 14, Pinewood House, Coombs Road, Worcester, Worcestershire WR3 7HW2
£170K01/230.48 miFlat 40, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£135K08/210.48 miFlat 44, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£157K09/210.48 miFlat 30, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£140K05/210.48 miFlat 12, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£180.1K11/230.48 miBarbourne Works, Flat 31, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£156K06/230.48 miFlat 22, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£127.5K12/200.48 miFlat 28, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£162K04/230.48 miFlat 38, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£182K10/200.51 mi70, Addison Road, Worcester, Worcestershire WR3 8EA2
£175K06/210.51 mi60, Addison Road, Worcester, Worcestershire WR3 8EA2
£190K05/210.51 mi68, Addison Road, Worcester, Worcestershire WR3 8EA2
£195K11/220.53 mi48, Addison Road, Worcester, Worcestershire WR3 8EA2
£120K03/210.53 mi46, Eliot Road, Worcester, Worcestershire WR3 8DP2
£182.5K08/230.56 mi7, Hardy Court, Worcester, Worcestershire WR3 8AT2
£168K08/220.56 mi37, Hardy Court, Worcester, Worcestershire WR3 8AT2
£182K08/230.56 mi67, Hardy Court, Worcester, Worcestershire WR3 8AT2
£240K08/230.56 mi45, Hardy Court, Worcester, Worcestershire WR3 8AT2
£137.5K10/230.56 miFlat 4, Arlington Court, Droitwich Road, Worcester, Worcestershire WR3 7LG2
£128K06/210.57 mi21, Coleridge Close, Worcester, Worcestershire WR3 8EF2
£120K09/220.58 mi24, Gregorys Mill Street, Worcester, Worcestershire WR3 8AW2
£135K10/210.67 mi9, Turrall Street, Worcester, Worcestershire WR3 8AJ2
£101K11/200.77 miFlat 43, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£89K06/210.77 miFlat 25, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£90K07/230.77 miFlat 26, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£85K11/230.77 miFlat 42, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£187.7K11/230.93 miFlat 24, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£160K07/230.93 miFlat 11, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2

Local Rents

33 rents from £650/mo to £2.2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£87507/240.06 mi-2
£86011/240.21 mi-2
£89511/240.36 miPerdiswell Street, Worcester, WR32
£85011/240.48 miBarbourne Works, Northwick Avenue, Worcester, WR32
£95001/250.49 mi-2
£82011/240.57 mi-2
£95002/250.57 mi-2
£1,00011/240.74 miThe Lane, WORCESTER2
£90011/240.74 miKiln Crescent, Worcester, Worcestershire, WR32
£79511/240.77 miBarbourne Road, Worcester, Worcestershire, WR12
£97511/240.79 miGregorys Bank, Barbourne, Worcester, WR32
£90007/240.81 mi-2
£90011/240.85 miSt. Georges Lane South, Barbourne, Worcester, WR12
£89511/240.95 miOld Baskerville, Barbourne Road, Worcester2
£75011/240.97 miFlat 7, Old Baskerville, Barbourne Road, Worcester, Worcestershire, WR1 1RU2
£90008/240.98 mi-2
£85011/240.98 miThorneloe Place, Thorneloe Walk, Worcester, Worcestershire, WR12
£95011/240.98 mi-2
£85011/241 miBarbourne Road, Worcester, WR12
£85011/241 mi-2
£85007/231.04 mi-2
£92509/241.04 mi-2
£2,16710/241.04 mi-2
£99503/241.06 mi-2
£2,20002/251.1 mi-2
£80011/241.1 miBlackpole, Worcester2
£82511/241.13 miChestnut Street, Arboretum, Worcester, WR12
£65002/241.15 mi-2
£95011/241.18 miAlbany Road, Worcester2
£70011/241.18 miAshford House, Rainbow Hill, Worcester, WR32
£97512/241.18 mi-2
£87511/241.22 miWinchcombe Drive, Worcester2
£1,30011/241.24 miSurman Street, Worcester2

Local Area Statistics

Population in WR3

20,397

Population in Worcester

142,140

Town centre distance

1.89 miles away

Nearest school

0.30 miles away

Nearest train station

1.47 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £140,000

December 9, 2024

Sold for £124,000

2016

Sold for £149,500

2007

Floor Plans

Description

  • A first floor apartment +
  • Spacious & immaculately presented accommodation +
  • Ideal first time buyers property or investment property +
  • No onward chain +
  • Popular and sought after residential area +
  • Open plan lounge Dining Kitchen +
  • Two Bedrooms & Bathroom +
  • Off road parking +
  • Viewing highly recommended +

A first floor apartment offering well presented and well proportioned accommodation at the head of a private cul de sac within this popular and sought after residential area, the location provides easy access to the city centre, national road and rail networks.

Accommodation in brief comprises:

Reception Hall
Open Plan Lounge Dining Kitchen Room
Two Bedrooms
Bathroom

Outside, to the front of the property are communal gardens and an allocated car parking space.

Services: All mains services are connected. Central heating & double glazing is installed.

Leasehold: We are advised Lease is 125 years from May 2006. Ground Rent £160 per annum(TBC). Service Charge £1093.40 for the year 04/2024 to 04/2025, paid quarterly (£273.35). TO BE CONFIRMED VIA SOLICITORS.

Agent Details

Sheldon Bosley Knight, Pershore

01386 577344

Next Steps?

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