3 Bed Flat, Single Let, Worcester, WR1 2BX, £425,000

Apartment 43, Austin Court, 2 Mill Street, Diglis, Worcester. WR1 2BX - 3 months ago

Leasehold
BTL
~114 m²
+12 photos

ValuationOvervalued

Sold Prices£89K - £289K
Sold Prices/m²£1.9K/m² - £1.9K/m²

 

 

Square Metres

~114.30 m²
Price/m²£3.7K/m²

Value Estimate

£235,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Rent Range

£825 - £1,500

Rent Estimate

£869

Running Costs/mo

£1,522

Cashflow/mo

£-653

Cashflow/yr

£-7,835

Gross Yield

2%

Local Sold Prices

5 sold prices from £89K to £289K, average is £163K.

PriceDateDistanceAddressBeds 
£163K09/230.52 mi29, Vesta Tilley Court, Worcester, Worcestershire WR1 2BL3
£218K12/230.62 mi67, Magdala Court, Worcester, Worcestershire WR1 3PB3
£150K08/221.54 mi54, Gresham Road, Worcester, Worcestershire WR2 5QR3
£89K07/221.84 mi32, Ullswater Close, Worcester, Worcestershire WR4 9HN3
£289K11/201.88 miFlat 1, Chacewater House, Chacewater Avenue, Worcester, Worcestershire WR3 7AW3

Local Rents

33 rents from £825/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,50004/250.17 mi-3
£1,30011/240.23 miCrossley Road, Worcester3
£1,25004/250.38 mi-3
£1,20001/250.56 mi-3
£95011/240.57 miOrchard Street, WORCESTER3
£1,05011/240.57 miApartment 6, Autumn Terrace, Worcester3
£1,50010/240.63 mi-3
£1,32507/240.63 mi-3
£1,40003/250.68 mi-3
£97511/240.7 miBromyard Terrace, Worcester St. Johns, Worcester3
£1,45012/240.7 mi-3
£99511/240.72 miBakers Mews, St Johns, Worcester St. Johns, Worcester3
£95011/240.72 miHenwick Road, St Johns, Worcester3
£1,20003/250.73 mi-3
£1,00002/240.79 mi-3
£95011/240.82 mi-3
£1,30011/240.86 miThe Tything, Worcester3
£99511/240.86 miRansome Avenue, Worcester, WR53
£1,35002/250.87 mi-3
£1,35011/241 mi-3
£1,20002/241.01 mi-3
£1,39504/251.01 mi-3
£82511/241.02 miLower Chestnut Street, Worcester, Worcestershire, WR13
£1,30004/251.04 mi-3
£95011/241.09 miLilac Avenue, WORCESTER3
£89510/241.09 mi-3
£1,40011/241.09 mi-3
£1,35011/241.1 miHebb Street, Worcester, Worcestershire, WR13
£1,25011/241.1 mi-3
£1,25006/241.1 mi-3
£99511/241.13 mi-3
£1,30011/241.17 miGregorys Mill Street, Worcester, Worcestershire, WR33
£1,25011/241.21 miLundy Row, WORCESTER3

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.29 miles away

Nearest school

0.10 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £425,000

January 16, 2025

Floor Plans

Description

  • Stunning spacious Penthouse Apartment +
  • 3 Double Bedrooms +
  • Accommodation totalling approx. 1,229 sq.ft. +
  • Stunning views towards Worcester Cathedral +
  • Building equipped with lifts to all floors +
  • Private communal garden +
  • Secure under cover parking space & bicycle store +
  • Ideal location for city centre +
  • Council Tax Band E +

A wonderful opportunity to acquire a most spacious three bedroom luxury Penthouse Apartment, located within easy walking distance of Worcester City centre, as well as glorious riverside walks. Accommodation briefly comprises:  Entrance Hall with Utility Cupboard, most generous open-plan Living/Dining/Kitchen Area with vaulted ceiling, Master Bedroom with walk-in wardrobe and En-Suite Shower Room, two further double Bedrooms and Bathroom. Outside:  The property benefits from private under cover secure parking space, bicycle store, as well as use of communal gardens. LOCATION: The Apartment is within easy walking distance to the city centre, offering a wide range of shops, cafes, public houses and restaurants, as well as Theatre, Museums, County Cricket Ground and Worcester Racecourse.  The city also boasts 2 Railway Stations, with mainline rail links to Birmingham and London. Open-plan Lounge/Diner/Kitchen: - 8.25m x 6.12m (27'1" max 21'8" min x 20'1") Bedroom 1: - 3.86m x 2.97m (12'8" x 9'9") Dressing Room: - 2.29m x 1.7m (7'6" x 5'7") En-Suite: - 2.29m x 1.57m (7'6" x 5'2") Bedroom 2: - 3.73m x 3.48m (12'3" max 10'0" min x 11'5") Bedroom 3: - 3.86m x 3.05m (12'8" max 9'5" min x 10'0") Bathroom: - 2.34m x 1.68m (7'8" x 5'6")

Agent Details

Allan Morris Worcester, Worcester

01905 975078

Next Steps?

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