2 Bed Flat, Single Let, Worcester, WR1 2PE, £210,000

Princes Drive, Worcester, WR1 2PE - 4 months ago

Leasehold
BTL
~60 m²
+9 photos

ValuationOvervalued

Sold Prices£74.8K - £290K
Sold Prices/m²£1.5K/m² - £11.5K/m²

 

 

Square Metres

~59.83 m²
Price/m²£3.5K/m²

Value Estimate

£143,802

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£750 - £1,350

Rent Estimate

£750

Running Costs/mo

£826

Cashflow/mo

£-76

Cashflow/yr

£-915

Gross Yield

4%

Local Sold Prices

50 sold prices from £74.8K to £290K, average is £148K. £1.5K/m² to £11.5K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£209K12/200 miApartment 4, Stinton Court, Princes Drive, Worcester, Worcestershire WR1 2PE2
£183K03/230.11 miFlat 25, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£230K09/230.12 miAlbion Mill, Flat 32, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£76K06/230.12 miFlat 17, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£80.5K01/230.12 miFlat 29, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£85K08/230.15 mi72, Portland Street, Diglis, Worcester, Worcestershire WR1 2NW2
£207.5K10/200.19 miPlot 17, Diglis Road, Worcester, Worcestershire WR5 3BW2
£97K02/210.2 mi75, Friar Street, Worcester, Worcestershire WR1 2NA2
£179K03/240.2 miThe Loft, Battenhall Place, Worcester, Worcestershire WR5 2DT2
£150K01/230.24 miFlat 2, Wyatts Mews, Union Street, Worcester, Worcestershire WR1 2AS2
£240K05/210.25 miFlat 54, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£242.5K03/230.25 miApartment 11, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£285K03/230.25 miApartment 4, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£240K12/200.25 miApartment 7, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£210K07/230.26 miFlat 93, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£145K07/210.28 miFlat 3, Fairfax House, Fish Street, Worcester, Worcestershire WR1 2HN2
£137.5K11/230.39 mi48, Albert Road, Worcester, Worcestershire WR5 1EB2
£100K10/200.41 mi41, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£151K04/230.42 mi53, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£135K08/230.42 mi1, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£115K12/200.42 mi11, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£137K11/230.42 mi6, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£100K10/200.42 mi41, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£137K04/230.42 mi12, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£137K11/210.43 miFlat 10, Amber Reach, Spring Lane, Worcester, Worcestershire WR5 1AU2
£130K10/200.43 mi29, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£135K12/220.44 mi12, Vesta Tilley Court, Worcester, Worcestershire WR1 2BL2
£290K10/230.46 miApartment 19, Aston Court, Basin Road, Worcester, Worcestershire WR5 3FR2
£74.8K05/210.5 mi8, Sawmill Close, Worcester, Worcestershire WR5 1EU2
£140K12/200.53 miFlat 53, Newport House, Newport Street, Worcester, Worcestershire WR1 3NG2
£165K12/230.59 mi47, Magdala Court, Worcester, Worcestershire WR1 3PB2
£135K09/210.6 mi8, Bromwich Road, Worcester, Worcestershire WR2 4AA2
£155K07/230.61 mi37, Sansome Place, Worcester, Worcestershire WR1 1UA2
£157.5K05/220.62 mi9, Hales Orchard, Worcester, Worcestershire WR2 4BY2
£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
£148K07/210.64 mi77, Lion Court, Worcester, Worcestershire WR1 1UT2
£167.5K03/230.64 mi65, Lion Court, Worcester, Worcestershire WR1 1UT2
£145.8K07/210.64 mi61, Lion Court, Worcester, Worcestershire WR1 1UT2
£148K02/210.64 mi79, Lion Court, Worcester, Worcestershire WR1 1UT2
£120K06/210.69 miFlat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£88K05/230.69 miFlat 4, Quay House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£80K10/230.69 miWharf House, Flat 17, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£270K08/230.7 miApartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF2
£170K11/200.71 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£164K06/210.71 miApartment 1, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£180K11/230.71 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£120K03/210.75 mi3, King Charles Place, Worcester, Worcestershire WR2 5AJ2
£155K12/200.78 miFlat 17, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2

Local Rents

43 rents from £750/mo to £1.4K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,05002/240 mi-2
£95011/240.02 mi-2
£95001/250.02 mi-2
£89511/240.03 mi*LET AGREED* Bath Road, WR52
£95011/240.04 miBath Road, Worcester, WR52
£1,15012/240.06 mi-2
£1,05011/240.08 mi-2
£87511/240.09 miSevern Street, Worcester, Worcestershire2
£85011/240.09 miSt Wulstans Court, Bath Road, Worcester, WR52
£79511/240.15 miCollege Street, Worcester2
£89511/240.18 mi**LET AGREED** Diglis Road, WR52
£83011/240.18 mi-2
£99911/240.2 miFriar Street, Worcester, WR12
£99911/240.2 mi-2
£99903/250.2 mi-2
£1,25011/240.22 miApartment 21, Waters Reach, Armstrong Drive, Worcester, Worcestershire, WR1 2GH2
£75011/240.22 miWyatts Mews, Union Street, Worcester City Centre, WR12
£79511/240.3 miBattenhall Road, Worcestershire2
£75011/240.32 mi21 Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£75011/240.32 miWorcester, Worcestershire2
£1,10011/240.33 miThe Old Fire Station, Copenhagen Street2
£75011/240.34 miNicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£84003/250.39 mi-2
£97502/250.4 mi-2
£92511/240.43 miSpring Lane, WORCESTER2
£1,15011/240.46 miWoodhouse Close, Riverbank Court, WR52
£79511/240.48 miHill Street, Worcester2
£1,25011/240.48 miMillwright House, Basin Road, Worcester, Worcestershire, WR5 3GR2
£99511/240.49 miBasin Road, WORCESTER2
£89511/240.49 miCavalier Crescent, Worcester, Worcestershire, WR52
£1,20011/240.5 miWoodhouse Close, Worcester, Worcestershire, WR52
£1,10011/240.5 miLockwheel House, 4 Woodhouse Close, Worcester, WR52
£90001/250.51 mi-2
£99511/240.53 mi3 Orchard Mews, Orchard Street, Worcester, Worcestershire, WR52
£95011/240.53 miByfield Rise, Worcester, WR52
£1,10002/250.53 mi-2
£1,25011/240.56 miForegate Street, Worcester2
£1,35003/250.57 mi-2
£85002/240.58 mi-2
£85002/240.58 mi-2
£90001/250.58 mi-2
£87511/240.59 miMagdala Court, The Butts, Worcester, Worcestershire, WR12
£85011/240.59 miBath Road, Worcester, WR52

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.21 miles away

Nearest school

0.10 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £210,000

December 19, 2024

Floor Plans

Description

  • Views over canal +
  • South-easterly facing +
  • Walking distance to City centre +
  • Allocated parking space +
  • Underfloor heating throughout +
  • NO ONWARD CHAIN +

An immaculately presented first floor Apartment, offering canalside living in the heart of the City. Accommodation briefly comprises: Lift access to first floor, Entrance Hall with Laundry/Storage Cupboard and Cloaks Cupboard, open-plan Living/Dining Room with Juliet balcony overlooking canal, fully fitted Kitchen with integrated appliances, Master Bedroom with fitted wardrobes, Juliet balcony and En-Suite Bathroom with separate shower enclosure, Bedroom 2 with fitted wardrobes, Shower Room. Outside: The Apartment benefits from an allocated parking space. LOCATION: The Apartment is within easy walking distance to the City centre and all it’s amenities, together with local canal and riverside walks and easy access to major transport links. Agents Note: Photos taken previous to current tenancy LIVING / DINING AREA:
4.19m x 3.45m (13'9" x 11'4") KITCHEN:
2.67m x 1.93m (8'9" x 6'4") BEDROOM 1:
3.94m x 3.00m (12'11" x 9'10") EN-SUITE BATHROOM:
3.00m maximum x 1.80m (9'10" maximum x 5'11") BEDROOM 2:
2.84m x 2.72m (9'4" x 8'11") SHOWER ROOM:
1.73m x 1.70m (5'8" x 5'7")

Agent Details

Allan Morris Worcester, Worcester

01905 975078

Next Steps?

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