2 Bed Flat, Single Let, Kidderminster, DY10 3DW, £125,000

Somerleyton Court, Kidderminster, DY10 3DW - 2 views - a month ago

Leasehold
BTL
ROI: 5%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£39.5K - £175K
Sold Prices/m²£1.4K/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£129,411
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Total Cash In

£38,700

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£725

Running Costs/mo

£556

Cashflow/mo

£169

Cashflow/yr

£2,033

ROI

5%

Gross Yield

7%

Local Sold Prices

37 sold prices from £39.5K to £175K, average is £105K. £1.4K/m² to £2.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£86K01/210 mi1, Somerleyton Court, Kidderminster, Worcestershire DY10 3DW2
£126K11/220 mi7, Somerleyton Court, Kidderminster, Worcestershire DY10 3DW2
£108.5K08/210 mi11, Somerleyton Court, Kidderminster, Worcestershire DY10 3DW2
£84.6K12/220.08 mi12a, Chaddesley Gardens, Kidderminster, Worcestershire DY10 3AJ2
£147.5K11/200.28 miFlat 11, Cypress Court, Oldnall Road, Kidderminster, Worcestershire DY10 3HN2
£170K09/220.28 miFlat 17, Fairways Court, Oldnall Road, Kidderminster, Worcestershire DY10 3HN2
£175K08/220.28 miFlat 7, Cypress Court, Oldnall Road, Kidderminster, Worcestershire DY10 3HN2
£165K10/200.33 miFlat 4, Silver Birch Court, Oldnall Road, Kidderminster, Worcestershire DY10 3HD2
£165K10/200.33 miFlat 4, Silver Birch Court, Oldnall Road, Kidderminster, Worcestershire DY10 3HD2
£105K10/200.38 mi5, Stewart Court, Kidderminster, Worcestershire DY10 1UR2
£150K06/210.54 mi43a, Linden Avenue, Kidderminster, Worcestershire DY10 3AA2
£106K10/220.58 mi192a, Offmore Road, Kidderminster, Worcestershire DY10 1SB2
£95K07/230.76 mi15, Baxter Gardens, Kidderminster, Worcestershire DY10 2HD2
£107K03/230.76 mi1, Baxter Gardens, Kidderminster, Worcestershire DY10 2HD2
£90K05/230.79 mi49, Skylark Way, Kidderminster, Worcestershire DY10 4EN2
£95K08/230.79 mi26, Skylark Way, Kidderminster, Worcestershire DY10 4EN2
£95K02/230.79 mi63, Skylark Way, Kidderminster, Worcestershire DY10 4EN2
£145K09/220.79 mi8, Skylark Way, Kidderminster, Worcestershire DY10 4EN2
£142.5K09/220.79 mi47, Skylark Way, Kidderminster, Worcestershire DY10 4EN2
£160K09/230.79 mi9, Skylark Way, Kidderminster, Worcestershire DY10 4EN2
£130K02/230.84 miFlat 21, Castle Locks, Castle Road, Kidderminster, Worcestershire DY11 6DX2
£72K02/210.85 miFlat 5, Silver Court, Silver Street, Kidderminster, Worcestershire DY10 2EH2
£65K03/210.85 miFlat 7, Silver Court, Silver Street, Kidderminster, Worcestershire DY10 2EH2
£117K07/220.86 miFlat 32, Castle Locks, Castle Road, Kidderminster, Worcestershire DY11 6DX2
£117K11/210.87 miFlat 34, Castle Locks, Castle Road, Kidderminster, Worcestershire DY11 6DX2
£112K11/200.87 miFlat 30, Castle Locks, Castle Road, Kidderminster, Worcestershire DY11 6DX2
£110K08/220.87 miFlat 2, Castle Locks, Castle Road, Kidderminster, Worcestershire DY11 6DX2
£85K05/230.94 mi96, Dunlin Drive, Kidderminster, Worcestershire DY10 4TA2
£39.5K12/220.96 miFlat 49, Courtney, St Cecilia Close, Hoobrook, Kidderminster, Worcestershire DY10 1LN2
£42K12/200.97 miFlat 21, Courtney, St Cecilia Close, Hoobrook, Kidderminster, Worcestershire DY10 1LN2
£48K04/230.97 miFlat 39, Courtney, St Cecilia Close, Hoobrook, Kidderminster, Worcestershire DY10 1LN2
£46.5K10/200.97 miFlat 9, Courtney, St Cecilia Close, Hoobrook, Kidderminster, Worcestershire DY10 1LN2
£48.5K12/210.97 miFlat 16, Courtney, St Cecilia Close, Hoobrook, Kidderminster, Worcestershire DY10 1LN2
£44K12/200.97 miFlat 39, Courtney, St Cecilia Close, Hoobrook, Kidderminster, Worcestershire DY10 1LN2
£40.5K03/210.97 miFlat 39, Courtney, St Cecilia Close, Hoobrook, Kidderminster, Worcestershire DY10 1LN2
£43.5K11/200.97 miFlat 31, Courtney, St Cecilia Close, Hoobrook, Kidderminster, Worcestershire DY10 1LN2
£55K04/230.97 miFlat 6, Courtney, St Cecilia Close, Hoobrook, Kidderminster, Worcestershire DY10 1LN2

Local Rents

19 rents from £700/mo to £1.1K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£77512/240.09 miComberton Court, Comberton Road, Kidderminster, Worcestershire2
£80012/240.28 mi-2
£80012/240.28 mi-2
£90008/240.28 mi-2
£79503/240.3 mi39 Farfield,Kidderminster,DY10 1UQ2
£79503/240.34 miLorne Street, Kidderminster, DY102
£85012/240.35 miLorne Grove, KIDDERMINSTER2
£89512/240.38 miLea Street, Kidderminster, Worcestershire, DY102
£80012/240.4 mi-2
£75012/240.48 miRay Mercer Way, Kidderminster, Worcestershire2
£82503/240.52 miTabbs Gardens, Kidderminster, Worcestershire2
£77503/240.52 miTabbs Gardens, Kidderminster, DY102
£1,10001/250.54 mi-2
£72503/240.55 miOffmore Road, KIDDERMINSTER2
£70003/230.56 mi-2
£72512/240.57 miEast Street, Kidderminster, Worcestershire, DY102
£91001/250.58 mi-2
£75003/230.59 mi-2
£72503/240.6 miSt Andrews Green, Kidderminster, Worcestershire, DY102

Local Area Statistics

Population in DY10

35,493

Population in Kidderminster

74,037

Town centre distance

0.43 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £125,000

February 28, 2025

Floor Plans

Description

  • TWO BEDROOM FIRST FLOOR FLAT IN IDEAL LOCATION +
  • SPACIOUS LOUNGE & FITTED KITCHEN +
  • TWO DOUBLE BEDROOMS +
  • COMMUNAL GARDENS & GARAGE EN BLOC +
  • DOUBLE GLAZING THROUGHOUT +

SUMMARY
Situated in a fantastic location for public transport links, with Kidderminster Train Station within walking distance, a bus routes running near-by regularly. Local schooling including King Charles High School and Comberton Primary School near-by.

DESCRIPTION
Two bedroom first floor flat with spacious rooms throughout! Stepping inside, a welcoming hallway branches off to a lounge, fitted kitchen, two double bedrooms and a bathroom. Double glazing throughout. Externally, Somerleyton Court benefits from communal gardens, a garage en bloc and private off-road parking spaces.

Entrance Hall 
Welcoming hallway boasting built-in storage, fitted carpet, ceiling light point and an electric storage heater.

Lounge 15' 7" x 10' 7" ( 4.75m x 3.23m )
Spacious living area offering a fireplace with surround, fitted carpet, ceiling light point, electric storage heater and a large floor-to-ceiling double glazed window to the side.

Kitchen 8' 11" max x 8' 10" ( 2.72m max x 2.69m )
Fitted kitchen offering a range of wall and base units and ample work surface space. Inset sink and drainer unit, plumbing for a washing machine and space for a cooker and fridge freezer. Tiled flooring, partially tiled walls, ceiling strip lighting and a double glazed window to the side.

Bedroom One 12' 3" x 10' 11" ( 3.73m x 3.33m )
Double bedroom offering fitted carpet, ceiling light point and a double glazed window to the side.

Bedroom Two 11' 9" x 10' 8" ( 3.58m x 3.25m )
Double bedroom offering fitted carpet, ceiling light point and a double glazed window to the side.

Bathroom 
Comprising a wash hand basin, WC and panelled bath with shower over. Partially tiled walls, ceiling light point and a heated towel rail. Double glazed frosted window to the side.

Outside  
Communal gardens wrap around the apartment block, with a garage en bloc and private off-road parking spaces.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Kidderminster

01562 541721

Next Steps?

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