3 Bed Semi-Detached House, Refurb/BRRR, Kidderminster, DY11 6LD, £175,000

Sutton Park Road, Kidderminster, DY11 6LD - 4 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+11 photos

ValuationFair Value

Sold Prices£110K - £560K
Sold Prices/m²£1.2K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£178,500

 

 

End Value (After Refurb)

£232,780

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Refurb Costs

£36,665

Bridging Loan Interest

£4,594

Total Cash In

£93,208

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£232,780

Mortgage (After Refinance)

£174,585

Mortgage LTV

75%

Cash Released

£43,335

Cash Left In

£49,873

Equity

£58,195

Rent Range

£775 - £1,699

Rent Estimate

£1,017

Running Costs/mo

£951

Cashflow/mo

£66

Cashflow/yr

£794

ROI

1%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110K to £560K, average is £182.5K. £1.2K/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£260K07/230.02 mi28, Sutton Park Road, Kidderminster, Worcestershire DY11 6LD3
£206K07/210.02 mi27, Sutton Park Road, Kidderminster, Worcestershire DY11 6LD3
£185K06/210.05 mi9, Sutton Park Grove, Kidderminster, Worcestershire DY11 6LP3
£295K03/230.05 mi9, Sutton Park Grove, Kidderminster, Worcestershire DY11 6LP3
£560K10/220.11 mi17, Reservoir Road, Kidderminster, Worcestershire DY11 7AP3
£205K01/210.12 mi31a, Woodward Road, Kidderminster, Worcestershire DY11 6NU3
£220K01/230.13 mi31, Godson Crescent, Kidderminster, Worcestershire DY11 7JT3
£168K12/220.14 mi32, Godson Crescent, Kidderminster, Worcestershire DY11 7JT3
£160K04/210.14 mi36, Godson Crescent, Kidderminster, Worcestershire DY11 7JT3
£280K09/220.15 mi44, Sutton Park Road, Kidderminster, Worcestershire DY11 6LE3
£278K06/210.15 mi11, Sutton Park Road, Kidderminster, Worcestershire DY11 6LB3
£176K03/210.16 mi21, Spring Grove Road, Kidderminster, Worcestershire DY11 7JA3
£224K12/200.16 mi190, Sutton Park Road, Kidderminster, Worcestershire DY11 6LE3
£385K06/210.16 mi49, Sutton Park Road, Kidderminster, Worcestershire DY11 6LE3
£147K06/210.17 mi72, Stourport Road, Kidderminster, Worcestershire DY11 7BQ3
£172K05/210.17 mi88, Stourport Road, Kidderminster, Worcestershire DY11 7BQ3
£167K05/230.17 mi86, Stourport Road, Kidderminster, Worcestershire DY11 7BQ3
£120K03/210.17 mi5, Summer Road, Kidderminster, Worcestershire DY11 7JR3
£215K01/230.18 mi121, Tomkinson Drive, Kidderminster, Worcestershire DY11 6NJ3
£110K01/210.19 mi391, Stourport Road, Kidderminster, Worcestershire DY11 7BG3
£158K11/220.2 mi8, Lister Road, Kidderminster, Worcestershire DY11 6NN3
£126K10/210.2 mi29, Avon Road, Kidderminster, Worcestershire DY11 7PE3
£160K01/230.21 mi11, Avon Road, Kidderminster, Worcestershire DY11 7PE3
£165K04/210.21 mi3, The Serpentine, Kidderminster, Worcestershire DY11 6NX3
£219K06/210.21 mi19, Larches Cottage Gardens, Kidderminster, Worcestershire DY11 7AZ3
£162K01/230.23 mi41, Poplar Road, Kidderminster, Worcestershire DY11 6NH3
£254.2K12/200.24 mi6, Sutton Park Gardens, Kidderminster, Worcestershire DY11 6LJ3
£198K12/200.24 mi64, Tomkinson Drive, Kidderminster, Worcestershire DY11 6NP3
£170K06/210.24 mi27, Tomkinson Drive, Kidderminster, Worcestershire DY11 6NW3
£266.5K02/210.27 mi24, Neville Avenue, Kidderminster, Worcestershire DY11 7AL3
£185K01/230.3 mi75, Sutton Road, Kidderminster, Worcestershire DY11 6QS3
£200K11/200.3 mi90, Spencer Street, Kidderminster, Worcestershire DY11 6NE3
£220K03/210.3 mi6a, Spencer Street, Kidderminster, Worcestershire DY11 6NE3
£235K11/200.32 mi34, Blount Terrace, Kidderminster, Worcestershire DY11 7AF3
£150K11/210.33 mi30, Woodbury Road, Kidderminster, Worcestershire DY11 7JL3
£116.5K11/200.33 mi30, Woodbury Road, Kidderminster, Worcestershire DY11 7JL3
£215K09/220.34 mi85, Hemming Street, Kidderminster, Worcestershire DY11 6NA3
£170K02/230.34 mi59, Blount Terrace, Kidderminster, Worcestershire DY11 7AE3
£180K08/210.35 mi27, Beauchamp Avenue, Kidderminster, Worcestershire DY11 7AG3
£170K11/200.38 mi12, Clee Avenue, Kidderminster, Worcestershire DY11 7BS3
£255K03/210.39 mi18, Hazelwood Close, Kidderminster, Worcestershire DY11 6LN3
£235K02/230.39 mi21, Whitegate Drive, Kidderminster, Worcestershire DY11 6LG3
£175K11/220.43 mi4, Highley Close, Kidderminster, Worcestershire DY11 7NZ3
£195K04/210.44 mi110, Greatfield Road, Kidderminster, Worcestershire DY11 6PH3
£210K05/210.44 mi112, Greatfield Road, Kidderminster, Worcestershire DY11 6PH3
£161K11/220.45 mi68, Woodbury Road, Kidderminster, Worcestershire DY11 7JJ3
£130K04/210.45 mi63, Woodbury Road, Kidderminster, Worcestershire DY11 7JJ3
£157K12/200.46 mi143, Sutton Road, Kidderminster, Worcestershire DY11 6QP3
£151K05/210.46 mi161, Sutton Road, Kidderminster, Worcestershire DY11 6QP3
£163K11/200.46 mi9, Claughton Street, Kidderminster, Worcestershire DY11 6PR3

Local Rents

13 rents from £775/mo to £1.7K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£77512/240.17 miStourport Road, Kidderminster, Worcestershire3
£1,40012/240.18 mi-3
£90012/240.23 mi-3
£90012/240.23 mi-3
£1,20012/240.28 miNaylor Close, KIDDERMINSTER3
£1,10002/240.35 mi-3
£1,10002/240.35 mi-3
£1,19902/250.45 mi-3
£1,69903/250.45 mi-3
£89512/240.52 miCorndon Close, KIDDERMINSTER3
£77512/240.52 miHolman Street, KIDDERMINSTER3
£97512/240.53 miSutton Road, Kidderminster, Worcestershire3
£95012/240.57 miLansdown Green, Kidderminster, Worcestershire, DY113

Local Area Statistics

Population in DY11

30,309

Population in Kidderminster

74,037

Town centre distance

1.29 miles away

Nearest school

0.30 miles away

Nearest train station

1.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £175,000

February 25, 2025

Floor Plans

Description

  • Semi-Detached Home +
  • In Need of Complete Renovation +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Garaged Off Road Parking to Rear +
  • No Onward Chain +
  • Ultrafast, Superfast and Standard Broadband Available +
  • EPC Rating - D +

Coral Walrond and Tom Jackson - The Property Duo are pleased to offer to the market this three bedroom semi detached home, in need of complete modernisation but offering a wealth of potential while being situated on a popular and prominent road in Kidderminster.

This bay fronted period property has not been upgraded for a large number of years but offers a fantastic amount of space and an opportunity to be brought upto modern day standards to then offer a great family home. The property briefly compromises of; spacious entrance hall, two well proportioned reception rooms with a garden room added onto the rear, separate kitchen, three bedrooms to the first floor and a bathroom.

Externally, there are front and rear gardens which are tiered and to the rear is a large garage space, which although is in need of attention, offers great potential and off road parking accessed via private road to the side.

Kidderminster itself is a vibrant town that offers a wide range of amenities and attractions. The DY10 postcode is known for its excellent schools, making it an appealing choice for families seeking quality education for their children. The town boasts a variety of shops, restaurants, and entertainment options, ensuring that there is always something to do.

For nature enthusiasts, the surrounding countryside offers stunning landscapes and picturesque walking trails, allowing you to immerse yourself in the beauty of Worcestershire. The area also benefits from convenient transport links, with easy access to major roads and public transportation, making commuting a breeze.

Don't miss out on the opportunity to view, please contact Coral and Tom at TAUK to book a viewing!

Agent Details

TAUK, Covering Nationwide

020 3910 6171

Next Steps?

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