2 Bed Flat, Single Let, Worcester, WR3 8NR, £160,000

Mayfield Road, Worcester, Worcestershire, WR3 8NR - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+16 photos

ValuationFair Value

Sold Prices£80K - £270K
Sold Prices/m²£1.4K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£158,913

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£650 - £2,200

Rent Estimate

£675

Running Costs/mo

£655

Cashflow/mo

£20

Cashflow/yr

£240

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £80K to £270K, average is £145.4K. £1.4K/m² to £3.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£131.5K12/200.26 mi22, Lansdowne Rise, Worcester, Worcestershire WR3 8LN2
£128K06/210.34 mi21, Coleridge Close, Worcester, Worcestershire WR3 8EF2
£120K03/210.37 mi46, Eliot Road, Worcester, Worcestershire WR3 8DP2
£182.5K08/230.4 mi7, Hardy Court, Worcester, Worcestershire WR3 8AT2
£168K08/220.4 mi37, Hardy Court, Worcester, Worcestershire WR3 8AT2
£182K08/230.4 mi67, Hardy Court, Worcester, Worcestershire WR3 8AT2
£240K08/230.4 mi45, Hardy Court, Worcester, Worcestershire WR3 8AT2
£195K11/220.43 mi48, Addison Road, Worcester, Worcestershire WR3 8EA2
£182K10/200.43 mi70, Addison Road, Worcester, Worcestershire WR3 8EA2
£175K06/210.43 mi60, Addison Road, Worcester, Worcestershire WR3 8EA2
£190K05/210.43 mi68, Addison Road, Worcester, Worcestershire WR3 8EA2
£187.7K11/230.51 miFlat 24, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£160K07/230.51 miFlat 11, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£120K09/220.54 mi24, Gregorys Mill Street, Worcester, Worcestershire WR3 8AW2
£135K10/210.59 mi9, Turrall Street, Worcester, Worcestershire WR3 8AJ2
£101K11/200.6 miFlat 43, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£89K06/210.6 miFlat 25, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£90K07/230.6 miFlat 26, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£85K11/230.6 miFlat 42, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£120K06/210.61 miFlat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£88K05/230.61 miFlat 4, Quay House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£80K10/230.61 miWharf House, Flat 17, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£137.5K03/210.62 miFlat 16, St Marys Court, Sansome Walk, Worcester, Worcestershire WR1 1NU2
£137.5K10/230.63 miFlat 4, Arlington Court, Droitwich Road, Worcester, Worcestershire WR3 7LG2
£170K11/200.64 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£164K06/210.64 miApartment 1, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£180K11/230.64 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£150K09/210.68 miFlat 11, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£144K04/210.68 miFlat 2, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£155K12/200.68 miFlat 17, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£148K07/210.68 mi77, Lion Court, Worcester, Worcestershire WR1 1UT2
£167.5K03/230.68 mi65, Lion Court, Worcester, Worcestershire WR1 1UT2
£145.8K07/210.68 mi61, Lion Court, Worcester, Worcestershire WR1 1UT2
£148K02/210.68 mi79, Lion Court, Worcester, Worcestershire WR1 1UT2
£155K07/230.72 mi37, Sansome Place, Worcester, Worcestershire WR1 1UA2
£270K08/230.72 miApartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF2
£132K11/210.73 mi38, Penbury Street, Worcester, Worcestershire WR3 7JD2
£146K07/220.75 mi4, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH2
£135K07/220.76 mi6, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH2
£130K04/210.78 mi29, Moor Street, Worcester, Worcestershire WR1 3DB2
£155K07/230.8 miFlat 15, Pinewood House, Coombs Road, Worcester, Worcestershire WR3 7HW2
£91.1K12/220.81 mi8, Checketts Close, Worcester, Worcestershire WR3 7JZ2
£101K06/230.82 miFlat 28, Checketts Court, Droitwich Road, Worcester, Worcestershire WR3 7JU2
£123K10/210.82 miFlat 7, Checketts Court, Droitwich Road, Worcester, Worcestershire WR3 7JU2
£155K06/230.82 mi16, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£145K06/230.82 mi14, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£170K01/230.86 miFlat 40, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£135K08/210.86 miFlat 44, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£140K05/210.86 miFlat 12, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£127.5K12/200.86 miFlat 28, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2

Local Rents

29 rents from £650/mo to £2.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£90008/240.13 mi-2
£95011/240.15 mi-2
£85007/230.15 mi-2
£92509/240.15 mi-2
£99503/240.16 mi-2
£2,16710/240.16 mi-2
£2,20002/250.21 mi-2
£95011/240.28 miAlbany Road, Worcester2
£97512/240.28 mi-2
£70011/240.29 miAshford House, Rainbow Hill, Worcester, WR32
£90011/240.31 miKiln Crescent, Worcester, Worcestershire, WR32
£97511/240.33 miGregorys Bank, Barbourne, Worcester, WR32
£82011/240.33 mi-2
£1,00011/240.41 miThe Lane, WORCESTER2
£82511/240.48 miChestnut Street, Arboretum, Worcester, WR12
£95002/250.49 mi-2
£90007/240.5 mi-2
£90011/240.5 miSt. Georges Lane South, Barbourne, Worcester, WR12
£65002/240.51 mi-2
£95002/250.56 mi-2
£99511/240.56 miNorthfield Street, Worcester, Worcestershire, WR12
£95001/250.58 mi-2
£92503/250.59 mi-2
£80011/240.59 miBlackpole, Worcester2
£90011/240.59 miSouthfield Street, WORCESTER2
£67511/240.6 miArboretum Road, Worcester2
£85011/240.6 mi-2
£85011/240.6 miBarbourne Road, Worcester, WR12
£89511/240.62 miOld Baskerville, Barbourne Road, Worcester2

Local Area Statistics

Population in WR3

20,397

Population in Worcester

142,140

Town centre distance

1.10 miles away

Nearest school

0.10 miles away

Nearest train station

0.70 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £160,000

January 31, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • 1 Reception Room +
  • 1 Bathroom +
  • Flat/Apartment +
  • Upper Floor +
  • Resident Parking +
  • Modern +
  • Good Decoration +
  • Leasehold +

This beautifully presented two bedroom, upper floor flat is joining the market for £160,000.

This great sized property offers buyers a bright entrance hall, spacious open plan living room leading to the kitchen with ample space for a dining table. Two double bedrooms both with fitted wardrobes, a modern family bathroom and fantastic storage throughout.

Further benefits include gas central heating, double-glazed windows, residential parking for one car, and a modern finish throughout. The flat is within walking distance of local amenities, parks, bus stops, and the city centre, with excellent access to M5 Junction 6 and Worcestershire Royal Hospital.

This property is a must-see – call on option 2 to view.

Agent Details

The Property Centre, Worcester

01905 917025

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪