2 Bed Flat, Single Let, Worcester, WR4 9SD, £145,000

Tunnel Hill, Worcester, WR4 9SD - a month ago

Leasehold
BTL
ROI: 4%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£74.8K - £270K
Sold Prices/m²£1.5K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£152,663
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,450

Total Cash In

£44,700

 

 

Cash Out

 

Rent Range

£700 - £2,200

Rent Estimate

£800

Running Costs/mo

£633

Cashflow/mo

£167

Cashflow/yr

£2,003

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £74.8K to £270K, average is £142K. £1.5K/m² to £3.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£146K07/220.4 mi4, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH2
£135K07/220.41 mi6, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH2
£131.5K12/200.47 mi22, Lansdowne Rise, Worcester, Worcestershire WR3 8LN2
£120K06/210.59 miFlat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£88K05/230.59 miFlat 4, Quay House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£80K10/230.59 miWharf House, Flat 17, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£117.5K05/210.62 mi4, Hillside Close, Worcester, Worcestershire WR5 1HS2
£140K09/230.63 mi19, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£150K06/230.63 mi9, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£175K07/240.63 mi31, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£132K08/230.64 mi9, Ullswater Close, Worcester, Worcestershire WR4 9HN2
£127K07/220.64 mi20, Ullswater Close, Worcester, Worcestershire WR4 9HN2
£130K07/230.66 mi28, Ennerdale Close, Worcester, Worcestershire WR4 9DN2
£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
£148K07/210.71 mi77, Lion Court, Worcester, Worcestershire WR1 1UT2
£167.5K03/230.71 mi65, Lion Court, Worcester, Worcestershire WR1 1UT2
£145.8K07/210.71 mi61, Lion Court, Worcester, Worcestershire WR1 1UT2
£148K02/210.71 mi79, Lion Court, Worcester, Worcestershire WR1 1UT2
£180K11/230.71 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£155K07/230.73 mi37, Sansome Place, Worcester, Worcestershire WR1 1UA2
£137K11/210.75 miFlat 10, Amber Reach, Spring Lane, Worcester, Worcestershire WR5 1AU2
£128K06/210.75 mi21, Coleridge Close, Worcester, Worcestershire WR3 8EF2
£135K12/220.76 mi12, Vesta Tilley Court, Worcester, Worcestershire WR1 2BL2
£137.5K03/210.77 miFlat 16, St Marys Court, Sansome Walk, Worcester, Worcestershire WR1 1NU2
£120K03/210.77 mi46, Eliot Road, Worcester, Worcestershire WR3 8DP2
£182.5K08/230.82 mi7, Hardy Court, Worcester, Worcestershire WR3 8AT2
£168K08/220.82 mi37, Hardy Court, Worcester, Worcestershire WR3 8AT2
£182K08/230.82 mi67, Hardy Court, Worcester, Worcestershire WR3 8AT2
£240K08/230.82 mi45, Hardy Court, Worcester, Worcestershire WR3 8AT2
£150K09/210.82 miFlat 11, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£144K04/210.82 miFlat 2, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£155K12/200.82 miFlat 17, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£270K08/230.82 miApartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF2
£187.7K11/230.83 miFlat 24, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£160K07/230.83 miFlat 11, Gresham Court, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH2
£195K11/220.84 mi48, Addison Road, Worcester, Worcestershire WR3 8EA2
£182K10/200.85 mi70, Addison Road, Worcester, Worcestershire WR3 8EA2
£175K06/210.85 mi60, Addison Road, Worcester, Worcestershire WR3 8EA2
£190K05/210.85 mi68, Addison Road, Worcester, Worcestershire WR3 8EA2
£74.8K05/210.9 mi8, Sawmill Close, Worcester, Worcestershire WR5 1EU2
£138.8K06/210.92 mi7, Hock Coppice, Lyppard Bourne, Worcester, Worcestershire WR4 0PB2
£125K05/220.93 mi11, Windermere Drive, Worcester, Worcestershire WR4 9JJ2
£120K09/220.95 mi24, Gregorys Mill Street, Worcester, Worcestershire WR3 8AW2
£112K03/210.96 mi67, Winchcombe Drive, Worcester, Worcestershire WR4 9XA2
£130K08/220.96 mi57, Winchcombe Drive, Worcester, Worcestershire WR4 9XA2
£101K11/200.97 miFlat 43, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£89K06/210.97 miFlat 25, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£90K07/230.97 miFlat 26, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£85K11/230.97 miFlat 42, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2

Local Rents

15 rents from £700/mo to £2.2K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£97501/250.17 mi-2
£95011/240.17 miAlbany Road, Worcester2
£2,20003/250.21 mi-2
£99503/240.27 mi-2
£70011/240.28 miAshford House, Rainbow Hill, Worcester, WR32
£95011/240.31 mi-2
£90008/240.32 mi-2
£85007/230.34 mi-2
£92509/240.34 mi-2
£2,16711/240.35 mi-2
£80001/250.44 mi-2
£87503/250.52 mi-2
£85006/230.53 mi-2
£80011/240.56 miBlackpole, Worcester2
£99511/240.56 mi-2

Local Area Statistics

Population in WR4

26,127

Population in Worcester

142,140

Town centre distance

0.97 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £145,000

February 24, 2025

Floor Plans

Description

  • Two Bedroom Apartment +
  • No Chain +
  • Far Reaching Views Over City +
  • Convenient For City & Train +
  • Recently Redecorated +
  • Off Road Parking +

Contemporary two Bedroom apartment with far reaching views Over Worcester. A stylish and well-presented two-bedroom apartment set within a charming period conversion, offering far-reaching views over Worcester, including the iconic Cathedral and the Malvern hills. This property is offered for sale with no onward chain, making it an excellent opportunity for first-time buyers, downsizers, or investors. Recently redecorated and refreshed, the apartment is located on the first floor and is accessed via a communal reception hall with a secure video entry system. The private front door opens into a welcoming hallway, leading to the spacious open-plan lounge, kitchen, and dining area, as well as both double bedrooms and the bathroom. The bright and airy living space boasts picturesque views towards Worcester Cathedral and beyond. The modern kitchen is well-equipped with a range of base and wall units, a sink with a mixer tap, an integrated oven with a gas hob and extractor hood, a dishwasher, a fridge, and a freezer. The bathroom features a contemporary four-piece suite, including a W.C., pedestal wash basin, a separate shower cubicle, and a bath with a central tap. Additional highlights include stylish tiling, a heated towel rail, and recessed spotlights. Additional Features: • Allocated parking for convenience • Secure video entry system for added peace of mind • Excellent location within walking and driving distance to Worcester city centre • Easy access to amenities, including restaurants, bars, cafes, shops, supermarkets, and leisure facilities • Well-connected transport links, with two train stations offering services to London and cross-country destinations, plus quick access to the M5 The property is leasehold, with 118 years remaining on the lease. The annual service charge is £715, and the annual ground rent is £100 (as advised by the vendor). LEASEHOLD Council Tax Band A – Worcester City Council

Agent Details

Shelton & Lines, Worcester

01905 672222

Next Steps?

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