2 Bed Flat, Single Let, Worcester, WR3 8DU, £140,000

226 Keats Avenue, Worcester, WR3 8DU - 19 days ago

Sold STC
Leasehold
BTL
ROI: 5%
~106 m²
+9 photos

ValuationUndervalued

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

 

 

Square Metres

~106.27 m²
Price/m²£1.3K/m²

Value Estimate

£170,800
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£750 - £2,200

Rent Estimate

£795

Running Costs/mo

£617

Cashflow/mo

£179

Cashflow/yr

£2,142

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £80K to £270K, average is £145.4K. £1.4K/m² to £3.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£128K06/210.03 mi21, Coleridge Close, Worcester, Worcestershire WR3 8EF2
£120K03/210.05 mi46, Eliot Road, Worcester, Worcestershire WR3 8DP2
£182K10/200.11 mi70, Addison Road, Worcester, Worcestershire WR3 8EA2
£175K06/210.11 mi60, Addison Road, Worcester, Worcestershire WR3 8EA2
£190K05/210.11 mi68, Addison Road, Worcester, Worcestershire WR3 8EA2
£195K11/220.12 mi48, Addison Road, Worcester, Worcestershire WR3 8EA2
£182.5K08/230.12 mi7, Hardy Court, Worcester, Worcestershire WR3 8AT2
£168K08/220.12 mi37, Hardy Court, Worcester, Worcestershire WR3 8AT2
£182K08/230.12 mi67, Hardy Court, Worcester, Worcestershire WR3 8AT2
£240K08/230.12 mi45, Hardy Court, Worcester, Worcestershire WR3 8AT2
£120K09/220.3 mi24, Gregorys Mill Street, Worcester, Worcestershire WR3 8AW2
£137.5K10/230.38 miFlat 4, Arlington Court, Droitwich Road, Worcester, Worcestershire WR3 7LG2
£132K11/210.38 mi38, Penbury Street, Worcester, Worcestershire WR3 7JD2
£135K10/210.4 mi9, Turrall Street, Worcester, Worcestershire WR3 8AJ2
£155K07/230.44 miFlat 15, Pinewood House, Coombs Road, Worcester, Worcestershire WR3 7HW2
£91.1K12/220.46 mi8, Checketts Close, Worcester, Worcestershire WR3 7JZ2
£101K11/200.46 miFlat 43, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£89K06/210.46 miFlat 25, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£90K07/230.46 miFlat 26, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£85K11/230.46 miFlat 42, Gheluvelt Court, Brook Street, Worcester, Worcestershire WR1 1JB2
£101K06/230.47 miFlat 28, Checketts Court, Droitwich Road, Worcester, Worcestershire WR3 7JU2
£123K10/210.47 miFlat 7, Checketts Court, Droitwich Road, Worcester, Worcestershire WR3 7JU2
£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
£131.5K12/200.52 mi22, Lansdowne Rise, Worcester, Worcestershire WR3 8LN2
£145.8K04/210.54 mi20, Sky Court, Worcester, Worcestershire WR3 7QJ2
£135K10/230.54 mi3, Sky Court, Worcester, Worcestershire WR3 7QJ2
£170K01/230.55 miFlat 40, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£135K08/210.56 miFlat 44, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£157K09/210.56 miFlat 30, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£140K05/210.56 miFlat 12, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£180.1K11/230.56 miBarbourne Works, Flat 31, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£156K06/230.56 miFlat 22, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£127.5K12/200.56 miFlat 28, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£162K04/230.56 miFlat 38, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£168K05/220.59 miApartment 15, Weavers Court, Checketts Lane, Worcester, Worcestershire WR3 7NX2
£137.5K03/210.78 miFlat 16, St Marys Court, Sansome Walk, Worcester, Worcestershire WR1 1NU2
£150K09/210.83 miFlat 11, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£144K04/210.83 miFlat 2, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£155K12/200.83 miFlat 17, Crown Green Court, St Marys Street, Worcester, Worcestershire WR1 1HA2
£170K11/200.85 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£164K06/210.85 miApartment 1, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£180K11/230.85 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£130K04/210.87 mi29, Moor Street, Worcester, Worcestershire WR1 3DB2
£120K06/210.88 miFlat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£88K05/230.88 miFlat 4, Quay House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£80K10/230.88 miWharf House, Flat 17, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£270K08/230.9 miApartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF2
£155K06/230.91 mi16, King Edmunds Square, Worcester, Worcestershire WR1 3NL2
£145K06/230.91 mi14, King Edmunds Square, Worcester, Worcestershire WR1 3NL2

Local Rents

24 rents from £750/mo to £2.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£82010/240.06 mi-2
£95002/250.24 mi-2
£90011/240.25 miKiln Crescent, Worcester, Worcestershire, WR32
£95001/250.28 mi-2
£97511/240.31 miGregorys Bank, Barbourne, Worcester, WR32
£1,00011/240.31 miThe Lane, WORCESTER2
£89511/240.36 miPerdiswell Street, Worcester, WR32
£90007/240.42 mi-2
£90007/240.45 mi-2
£90011/240.46 miSt. Georges Lane South, Barbourne, Worcester, WR12
£95011/240.47 mi-2
£87507/240.49 mi-2
£85007/230.49 mi-2
£92508/240.49 mi-2
£2,16710/240.5 mi-2
£79511/240.5 miBarbourne Road, Worcester, Worcestershire, WR12
£99503/240.52 mi-2
£86011/240.54 mi-2
£85011/240.56 miBarbourne Works, Northwick Avenue, Worcester, WR32
£2,20002/250.56 mi-2
£89511/240.58 miOld Baskerville, Barbourne Road, Worcester2
£85011/240.61 mi-2
£85011/240.61 miBarbourne Road, Worcester, WR12
£75011/240.62 miFlat 7, Old Baskerville, Barbourne Road, Worcester, Worcestershire, WR1 1RU2

Local Area Statistics

Population in WR3

20,397

Population in Worcester

142,140

Town centre distance

1.38 miles away

Nearest school

0.30 miles away

Nearest train station

1 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £140,000

March 11, 2025

Floor Plans

Description

  • Popular Residential Location North Of Worcester +
  • Two Bedroom Top Floor Apartment +
  • Inviting Cosmetic Improvements +
  • No Onward Chain +
  • Spacious And Light Living Room +
  • Double Glazing +
  • Gas Central Heating +
  • Well Maintained Communal Gardens +
  • Carport And Residents Parking +
  • EPC: C +

SOLD, SUBJECT TO CONTRACT - SIMILAR PROPERTIES REQUIRED. CALL PLJ WORCESTER TO ARRANGE A FREE NO OBLIGATION MARKET APPRAISAL
Philip Laney & Jolly Worcester welcome to the market 26 Keats Avenue. Located North of Worcester, this spacious and light apartment offers a perfect blend of comfort and potential. Enjoying two generously sized bedrooms, this property is ideal for individuals or small families seeking a spacious and inviting property. The apartment features a well-proportioned reception room that enjoys natural light, creating a warm and welcoming atmosphere.

The kitchen, while functional, presents an excellent opportunity for cosmetic improvements, allowing you to personalise the space to your taste. There is ample storage throughout the property whilst also benefitting from gas central heating and double glazing.

For those who value convenience, off-road parking is available with a carport. Additionally, the property is offered with no onward chain, allowing for a smooth and straightforward purchase process.

This apartment on Keats Avenue is not just a place to live; it is a canvas for your creativity and a chance to make it your own. With its spacious layout and inviting atmosphere, it is a wonderful opportunity for anyone looking to settle in the vibrant city of Worcester.

Communal Entrance - Having stairs up to the top floor landing with additional storage cupboard serving the apartment and a private front door opening to the entrance hall.

Entrance Hall - Access to all rooms and including ample practical storage cupboards.

Lounge/Dining Room - Light and spacious room with double glazed bay window to rear overlooking the communal gardens/grounds, separate double glazed window to side, ceiling light point, tv point radiator and two useful storage cupboards.

Kitchen - Double glazed window to the front aspect, matching wall and base units, gas hob with electric oven, space for fridge and freezer, space and plumbing for washing machine all of which can be negotiated to purchase, tiled floor. Worcester Bosch combination boiler, sink and draining board.

Bedroom One - Double glazed window to the rear aspect.

Bedroom Two - Double glazed window to the front aspect

Bathroom - Double glazed window to the front aspect. bath with shower over, low level WC and wash hand basin.

Carport - There is a carport and parking for residents to the property.

Communal Gardens/Grounds - Well maintained communal gardens/grounds surround the property and enjoyed from the rear aspect outlook.

Tenure Leasehold - We understand (subject to legal verification) that the property is Leasehold.
The currrent lease started 25/10/2016 and expires 15/03/2990. 965 years remaining with a service charge of £115pcm

Mobile Coverage - Mobile phone signal availability can be checked via Ofcom Mobile & Broadband checker on their website.

Council Tax Worcester - We understand the council tax band presently to be : A
Worcester Council

(Council Tax may be subject to alteration upon change of ownership and should be checked with the local authority).

Broadband - We understand currently Full Fibre Broadband is available at this property.

You can check and confirm the type of Broadband availability using the Openreach fibre checker:

Verifying Id - Under The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the Agent is legally obliged to verify the identity of all buyers and sellers. In the first instance, we will ask you to provide legally recognised photographic identification (Passport, photographic driver’s licence, etc.) and documentary proof of address (utility bill, bank/mortgage statement, council tax bill etc). We will also use a third party electronic verification system in addition to this having obtained your identity documents. This allows them to verify you from basic details using electronic data, however it is not a credit check and will have no effect on you or your credit history. They may also use your details in the future to assist other companies for verification purposes.

Property To Sell? - If you have a property to sell in Worcester and the surrounding areas then please let us know. We will be delighted to arrange a free, no obligation valuation and explain the benefits of using Philip Laney and Jolly to sell your home.
Philip Laney and Jolly are proud to have been selected as the representatives in the Worcester area for the Guild of Property Professionals, a network of around 800 independently owned Estate Agents across the U.K.

Parking - Parking for the property is via the carport and resident parking area

Services - Mains electricity, gas, water and drainage were laid on and connected at the time of our inspection. We have not carried out any tests on the services and cannot therefore confirm that these are in working order or free from any defects. We do hold on file gas and electric safety certificates.

Floor Plan - This plan is included as a service to our customers and is intended as a GUIDE TO LAYOUT only. Dimensions are approximate and not to scale.

Agent Details

Philip Laney & Jolly, Worcester

01905 975270

Next Steps?

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