2 Bed Flat, Single Let, Worcester, WR2 5NT, £275,000

Henwick Road, Worcester, WR2 5NT - 2 months ago

Leasehold
BTL
~103 m²
+15 photos

ValuationOvervalued

Sold Prices£76K - £285K
Sold Prices/m²£1.5K/m² - £11.5K/m²

 

 

Square Metres

~103 m²
Price/m²£2.7K/m²

Value Estimate

£258,650

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£87,450

 

 

Cash Out

 

Rent Range

£680 - £1,350

Rent Estimate

£786

Running Costs/mo

£1,037

Cashflow/mo

£-251

Cashflow/yr

£-3,007

Gross Yield

3%

Local Sold Prices

50 sold prices from £76K to £285K, average is £145.4K. £1.5K/m² to £11.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£105K02/230.22 mi22, Lapal Close, Worcester, Worcestershire WR2 5HT2
£145K04/230.22 mi28, Lapal Close, Worcester, Worcestershire WR2 5HT2
£120K03/210.35 mi3, King Charles Place, Worcester, Worcestershire WR2 5AJ2
£135K09/210.36 mi8, Bromwich Road, Worcester, Worcestershire WR2 4AA2
£140K12/200.37 miFlat 53, Newport House, Newport Street, Worcester, Worcestershire WR1 3NG2
£165K12/230.41 mi47, Magdala Court, Worcester, Worcestershire WR1 3PB2
£157.5K05/220.42 mi9, Hales Orchard, Worcester, Worcestershire WR2 4BY2
£155K06/230.46 mi16, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£145K06/230.46 mi14, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£130K04/210.5 mi29, Moor Street, Worcester, Worcestershire WR1 3DB2
£270K08/230.6 miApartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF2
£145K07/210.61 miFlat 3, Fairfax House, Fish Street, Worcester, Worcestershire WR1 2HN2
£150K09/210.62 miFlat 11, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£144K04/210.62 miFlat 2, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£155K12/200.62 miFlat 17, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£137.5K03/210.67 miFlat 16, St Marys Court, Sansome Walk, Worcester, Worcestershire WR1 1NU2
£180K11/230.71 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£150K01/230.71 miFlat 2, Wyatts Mews, Union Street, Worcester, Worcestershire WR1 2AS2
£97K02/210.72 mi75, Friar Street, Worcester, Worcestershire WR1 2NA2
£170K11/200.72 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£164K06/210.72 miApartment 1, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£155K07/230.72 mi37, Sansome Place, Worcester, Worcestershire WR1 1UA2
£148K07/210.73 mi77, Lion Court, Worcester, Worcestershire WR1 1UT2
£167.5K03/230.73 mi65, Lion Court, Worcester, Worcestershire WR1 1UT2
£145.8K07/210.73 mi61, Lion Court, Worcester, Worcestershire WR1 1UT2
£148K02/210.73 mi79, Lion Court, Worcester, Worcestershire WR1 1UT2
£98K09/230.74 mi93, Grenville Road, Worcester, Worcestershire WR2 5RN2
£183K03/230.81 miFlat 25, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£85K08/230.81 mi72, Portland Street, Diglis, Worcester, Worcestershire WR1 2NW2
£240K05/210.81 miFlat 54, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£210K07/230.81 miFlat 93, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£230K09/230.82 miAlbion Mill, Flat 32, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£76K06/230.82 miFlat 17, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£80.5K01/230.82 miFlat 29, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£209K12/200.83 miApartment 4, Stinton Court, Princes Drive, Worcester, Worcestershire WR1 2PE2
£187.7K11/230.84 miFlat 24, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£160K07/230.84 miFlat 11, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£242.5K03/230.84 miApartment 11, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£285K03/230.84 miApartment 4, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£240K12/200.84 miApartment 7, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£107K11/200.84 mi45, Grenville Road, Worcester, Worcestershire WR2 5RL2
£135K12/220.85 mi12, Vesta Tilley Court, Worcester, Worcestershire WR1 2BL2
£120K06/210.86 miFlat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£88K05/230.86 miFlat 4, Quay House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£80K10/230.86 miWharf House, Flat 17, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£137K11/210.93 miFlat 10, Amber Reach, Spring Lane, Worcester, Worcestershire WR5 1AU2
£101K11/200.94 miFlat 43, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£89K06/210.94 miFlat 25, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£90K07/230.94 miFlat 26, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£85K11/230.94 miFlat 42, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2

Local Rents

21 rents from £680/mo to £1.4K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£85011/240.01 miHenwick Road, WORCESTER2
£85011/240.01 miSt Johns, Worcester2
£92511/240.14 miIngles Drive, Worcester, Worcester2
£85011/240.2 miLapal Close, Worcester2
£95004/250.22 mi-2
£92511/240.27 miApartment2
£85011/240.31 miBozward Street, Worcester, Worcestershire, WR22
£90001/250.4 mi-2
£87511/240.41 miMagdala Court, The Butts, Worcester, Worcestershire, WR12
£1,10008/240.54 mi-2
£1,35004/250.55 mi-2
£1,10011/240.56 miThe Old Fire Station, Copenhagen Street2
£1,25011/240.57 miForegate Street, Worcester2
£89502/250.58 mi-2
£1,25004/250.58 mi-2
£90004/250.58 mi-2
£87503/250.6 mi-2
£1,09511/240.6 miSurman Street, Worcester, WR1 1HL2
£1,30011/240.6 miSurman Street, Worcester2
£68011/240.6 miFlat 7, Cinderella Court, Watery Lane, Worcester2
£85011/240.62 miHenwick Road, WORCESTER2

Local Area Statistics

Population in WR2

29,799

Population in Worcester

142,140

Town centre distance

0.84 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-23%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £275,000

March 28, 2025

Listed for £299,000

February 12, 2025

Floor Plans

Description

  • Two Reception Rooms +
  • Balcony +
  • Character Features +
  • Large Apartment +
  • Popular St Johns Location +
  • Two Double Bedrooms +

Finished to a modern standard throughout, this spacious apartment is perfect for those looking for charm and practicality. Featuring two reception rooms, two double bedrooms and a kitchen diner and located in the popular area of St Johns. Benefiting from its own balcony as well as a shared garden, this property ticks all the boxes for apartment living. The kitchen/diner has been tastefully decorated and is perfectly equipped for cooking and entertaining, with plenty of worktop space. The balcony provides lovely views of Worcester's cityscape whilst overlooking the shared garden. Adjacent to the kitchen is a sitting room, providing a cozy and welcoming space to relax. This floor also includes two generously sized bedrooms, including a main bedroom and a second bedroom that offers versatility for guests, family members, or as a home office, including built in wardrobes in both rooms. Completing this level is a modern bathroom, featuring both style and functionality. The second floor is a standout feature of this home, showcasing a lounge/cinema/family room with exposed beams that add a sense of warmth and character. This versatile space is perfect for entertaining, family movie nights, or simply enjoying its unique ambiance.  **Agent's Note: We have been made aware the property is Leasehold. The Service Charge is approx. £720 per year and Ground Rent is £0 per year. There is approximately 990 years remaining on the lease and there is a reserve fund in place for the managed areas of this property. All of this information would need to be confirmed by your solicitor. ** Location: St John’s, located just a mile from Worcester’s city centre, is often described as a ‘village in the city’ thanks to its strong sense of community. The area boasts a wide variety of shops, businesses, and eateries, alongside amenities such as a sports centre, a church, and the beautiful Cripplegate Park. Excellent transport links make St John’s even more appealing, with frequent buses providing easy access to the city centre and convenient road connections to Malvern, Hereford, and Leominster. Worcester’s two main train stations are also within reach, ensuring seamless travel further afield. Families will appreciate the proximity of local primary schools, making St John’s a fantastic location for residents of all ages. Please read the following: These particulars are for general guidance only and are based on information supplied and approved by the seller. Complete accuracy cannot be guaranteed and may be subject to errors and/or omissions. They do not constitute a contract or part of a contract in any way. We are not surveyors or conveyancing experts therefore we cannot and do not comment on the condition, issues relating to title or other legal issues that may affect this property. Interested parties should employ their own professionals to make enquiries before carrying out any transactional decisions. Photographs are provided for illustrative purposes only and the items shown in these are not necessarily included in the sale, unless specifically stated. The mention of any fixtures, fittings and/or appliances does not imply that they are in full efficient working order, and they have not been tested. All dimensions are approximate. We are not liable for any loss arising from the use of these details.  Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £30 (including VAT) per property. This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini. Rooms: Sitting Room - 6.1m x 3.76m (20'0" x 12'4") max Balcony - 2.2m x 1.01m (7'2" x 3'3") Kitchen/Diner - 3.71m x 4.39m (12'2" x 14'4") Main Bedroom - 4.9m x 3.15m (16'0" x 10'4") max Bedroom 2 - 4.36m x 2.76m (14'3" x 9'0") max Bathroom - 2.33m x 1.66m (7'7" x 5'5") Stairs To Floor 2 Lounge / Cinema / Family Room - 6.74m x 5.75m (22'1" x 18'10") max _Please read the following: These particulars are for general guidance only and are based on information supplied and approved by the seller. Complete accuracy cannot be guaranteed and may be subject to errors and/or omissions. They do not constitute a contract or part of a contract in any way. We are not surveyors or conveyancing experts therefore we cannot and do not comment on the condition, issues relating to title or other legal issues that may affect this property. Interested parties should employ their own professionals to make enquiries before carrying out any transactional decisions. Photographs are provided for illustrative purposes only and the items shown in these are not necessarily included in the sale, unless specifically stated. The mention of any fixtures, fittings and/or appliances does not imply that they are in full efficient working order, and they have not been tested. All dimensions are approximate. We are not liable for any loss arising from the use of these details. _ Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £30 (including VAT) per property. This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini.

Agent Details

Arden Estates, Worcester

01905 672319

Next Steps?

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