3 Bed Semi-Detached House, Refurb/BRRR, Kidderminster, DY10 1UF, £242,500

1 The Firs Close, Kidderminster, DY10 1UF - a month ago

Refurb/BRRR
ROI: 1%
90 m²
+9 photos

ValuationOvervalued

Sold Prices£110K - £450K
Sold Prices/m²£1.3K/m² - £4.3K/m²

 

 

Square Metres

90 m²
Price/m²£2.7K/m²

Value Estimate

£184,491

 

 

End Value (After Refurb)

£229,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,625

Stamp Duty & Legal Fees

£13,325

Refurb Costs

£35,660

Bridging Loan Interest

£6,366

Total Cash In

£117,726

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£229,000

Mortgage (After Refinance)

£171,750

Mortgage LTV

75%

Cash Left In

£117,726

Equity

£57,250

Rent Range

£750 - £1,650

Rent Estimate

£1,019

Running Costs/mo

£939

Cashflow/mo

£80

Cashflow/yr

£955

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £110K to £450K, average is £179.5K. £1.3K/m² to £4.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£265K06/210.09 mi154, Chester Road South, Kidderminster, Worcestershire DY10 1XB3
£156K01/210.09 mi25, Lorne Street, Kidderminster, Worcestershire DY10 1SY3
£205K12/200.1 mi464, Chester Road North, Kidderminster, Worcestershire DY10 1TP3
£218K06/230.1 mi177, Chester Road North, Kidderminster, Worcestershire DY10 1TP3
£128.1K10/210.15 mi1, Lea Street, Kidderminster, Worcestershire DY10 1SW3
£201.5K07/210.21 mi3, Stewart Court, Kidderminster, Worcestershire DY10 1UR3
£210K10/230.21 mi10, Stewart Court, Kidderminster, Worcestershire DY10 1UR3
£187.5K12/200.22 mi194, Chester Road North, Kidderminster, Worcestershire DY10 1TN3
£175K06/210.23 mi102, Lea Street, Kidderminster, Worcestershire DY10 1SN3
£110K03/210.23 mi105, Lea Street, Kidderminster, Worcestershire DY10 1SN3
£140K08/230.23 mi64, Lea Street, Kidderminster, Worcestershire DY10 1SN3
£300K08/230.24 mi106, Holmcroft Road, Kidderminster, Worcestershire DY10 3AG3
£261K01/210.27 mi44, Somerleyton Avenue, Kidderminster, Worcestershire DY10 3AS3
£162K05/230.27 mi110, Offmore Road, Kidderminster, Worcestershire DY10 1SL3
£255K12/220.28 mi25, St Georges Terrace, Kidderminster, Worcestershire DY10 1SQ3
£160K12/200.29 mi10, St Georges Terrace, Kidderminster, Worcestershire DY10 1SQ3
£145K05/230.29 mi13, St Georges Terrace, Kidderminster, Worcestershire DY10 1SQ3
£270K07/230.29 mi3, Belvedere Close, Kidderminster, Worcestershire DY10 3AT3
£135K07/230.31 mi20, Anchorfields, Kidderminster, Worcestershire DY10 1PZ3
£181K08/230.31 mi54, Albert Road, Kidderminster, Worcestershire DY10 1SP3
£113K01/210.32 mi41, Broom Crescent, Kidderminster, Worcestershire DY10 3BN3
£123K11/200.32 mi73, Broom Crescent, Kidderminster, Worcestershire DY10 3BN3
£170K12/220.32 mi55, East Street, Kidderminster, Worcestershire DY10 1SE3
£154.9K04/210.33 mi18, Hawford Avenue, Kidderminster, Worcestershire DY10 3BH3
£164K09/210.34 mi12, Clarence Street, Kidderminster, Worcestershire DY10 1RS3
£215K12/200.34 mi27, Clarence Street, Kidderminster, Worcestershire DY10 1RS3
£152K12/200.34 mi16, Clarence Street, Kidderminster, Worcestershire DY10 1RS3
£165K01/230.34 mi42, George Street, Kidderminster, Worcestershire DY10 1PY3
£178K01/230.36 mi73, George Street, Kidderminster, Worcestershire DY10 1PY3
£144K04/210.37 mi187, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£152K02/210.37 mi171, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£144K04/210.37 mi187, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£170K08/230.37 mi181, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£193K05/230.37 mi46, Coronation Way, Kidderminster, Worcestershire DY10 3AX3
£260K06/230.37 mi51, Hoo Road, Kidderminster, Worcestershire DY10 1NB3
£140K12/200.38 mi7, Norton Road, Kidderminster, Worcestershire DY10 3BJ3
£182.5K01/210.39 mi24a, Leswell Street, Kidderminster, Worcestershire DY10 1RP3
£385K09/230.4 mi5, Borrington Gardens, Kidderminster, Worcestershire DY10 3EW3
£380K09/210.42 mi520, Chester Road South, Kidderminster, Worcestershire DY10 1XH3
£350K06/230.43 mi15, Borrington Road, Kidderminster, Worcestershire DY10 3ED3
£145K04/230.43 mi17, Findon Street, Kidderminster, Worcestershire DY10 1PU3
£450K10/220.44 miTanglewood, Borrington Road, Kidderminster, Worcestershire DY10 3ED3
£130K08/210.45 mi14, Coronation Way, Kidderminster, Worcestershire DY10 3BA3
£197.5K03/230.45 mi6, Coronation Way, Kidderminster, Worcestershire DY10 3BA3
£310K10/230.47 mi5, Lyndholm Road, Kidderminster, Worcestershire DY10 1TJ3
£290K03/210.47 mi5, Lyndholm Road, Kidderminster, Worcestershire DY10 1TJ3
£129.9K10/200.48 mi25, Amblecote Road, Kidderminster, Worcestershire DY10 3BB3
£198K09/210.48 mi129, Comberton Road, Kidderminster, Worcestershire DY10 3DX3
£250K05/230.49 mi21, Granville Crest, Kidderminster, Worcestershire DY10 3QS3
£183.5K05/210.49 mi62, Primrose Way, Kidderminster, Worcestershire DY10 1NG3

Local Rents

52 rents from £750/mo to £1.6K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,00012/240.01 miThe Firs Close, Kidderminster, Worcestershire3
£87512/240.14 miLorne Street, Kidderminster3
£85012/240.31 miAlbert Road, Kidderminster, DY103
£90004/240.32 miEast Street, KIDDERMINSTER3
£95003/240.39 miLeswell Street, Kidderminster3
£95012/240.39 miLeswell Street, KIDDERMINSTER3
£1,65003/240.55 miBirmingham Road, KIDDERMINSTER3
£1,10003/240.62 miSycamore Close, KIDDERMINSTER3
£99512/240.64 miChester Road North, KIDDERMINSTER3
£90012/240.65 miRadford Avenue, KIDDERMINSTER3
£90003/240.65 miRadford Avenue, KIDDERMINSTER3
£1,12512/240.65 miMerton Close, Kidderminster, Worcestershire3
£1,00012/230.69 mi-3
£1,00012/230.69 mi-3
£1,10012/240.79 miCoates Road, Kidderminster3
£90012/240.81 miHurcott Road, KIDDERMINSTER3
£90012/240.82 mi-3
£90012/240.82 mi-3
£90012/240.89 mi-3
£97512/240.9 miWood Street, Worcestershire3
£85012/240.94 mi-3
£85012/240.94 mi-3
£90012/240.95 miSt. Cecilia Close, KIDDERMINSTER3
£75003/240.98 mi-3
£75003/240.98 mi-3
£85004/241.01 miWaterside Grange, KIDDERMINSTER3
£77512/241.01 miHolman Street, KIDDERMINSTER3
£1,10003/241.03 miWestcott Road, Kidderminster, DY103
£1,10012/241.03 miWestcott Road, Kidderminster, DY103
£1,15006/241.03 mi-3
£1,15006/241.03 mi-3
£1,15006/241.03 mi-3
£1,39512/241.06 mi-3
£1,39512/241.06 mi-3
£97512/241.07 miWoodfield Street, Kidderminster, Worcestershire, DY113
£1,10002/241.08 mi-3
£1,10002/241.08 mi-3
£1,10004/251.11 mi-3
£97512/241.12 miSutton Road, Kidderminster, Worcestershire3
£90012/241.13 miLenchville, KIDDERMINSTER3
£90003/241.13 miLenchville, Kidderminster3
£1,30012/241.14 mi-3
£1,30003/251.14 mi-3
£95003/241.17 miUpton Road, Kidderminster3
£95012/241.17 miUpton Road, Kidderminster3
£1,20009/241.17 mi-3
£1,40012/241.18 mi-3
£77512/241.19 miStourport Road, Kidderminster, Worcestershire3
£99507/231.22 mi-3
£99507/231.22 mi-3
£1,25004/251.22 mi-3
£87503/241.23 miPitt Street, Kidderminster, Worcestershire, DY103

Local Area Statistics

Population in DY10

35,493

Population in Kidderminster

74,037

Town centre distance

0.21 miles away

Nearest school

0.10 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £242,500

March 17, 2025

Floor Plans

Description

  • A Lovely, Extended Semi-Detached Family Home +
  • Quiet & Convenient Location +
  • 3 Generous Bedrooms +
  • 2 Shower Rooms (Ground & First Floors) +
  • Well Proportioned Kitchen Diner & Living Room +
  • Low Maintenance Private Gardens +
  • Garage & Parking – Viewing Essential +
  • Would Benefit from Some Modernisation +

A fabulous and rare opportunity to purchase this well proportioned 3 bedroom semi-detached home in this particularly convenient cul-de-sac location. The property offers plenty of space and further potential and would benefit from some modernisation. There are private gardens, off road parking to the front and a useful garage. Internal Inspection Essential. No Onward Chain

Directions - From the Railway Station in Kidderminster proceed up Comberton Hill, A448 a short distance and turn right onto The Firs Close where number 1 will be found on the right hand side as indicated by the agents For Sale board.

Location - The Firs Close is ideally placed to access many local shops and amenities along Comberton Hill, including the Railway Station and Kings Charles School and Sixth Form, Kidderminster Golf Club and a short walk form Kidderminster Town Centre. It also has particularly convenient road links through to the popular villages nearby, such as Chaddesley Corbett, Blakedown, Belbroughton and a little further afield to Bromsgrove, Birmingham and Stourbridge. Birmingham is approximately 18 miles and the cathedral city of Worcester approximately 15 miles distant which provides direct rail connections to London, Paddington and Birmingham. There is M5 motorway access via junction 5 at Wychbold and Junctions 6 & 7 to the north and south of Worcester.

Introduction - A fabulous and rare opportunity to purchase this well proportioned three bedroom semi-detached home in this particularly convenient cul-de-sac location. The property offers plenty of space and further potential and would benefit from some modernisation, with three bedrooms, two shower rooms, kitchen diner and living room. There are private gardens, off road parking to the front and a useful garage. Internal Inspection Essential

Full Details - Set in this quiet cul-de-sac in the convenient residential location close to the railway station, the property is accessed from The Firs Close via a pitched roof porch to a solid entrance door at the front of the property.

The reception hall has access to the living room and kitchen diner with understairs storage cupboard and staircase to the first floor accommodation.

The living room is well proportioned with dual aspect windows to both front and rear with access into the rear gardens via sliding patio doors. There is a living flame gas fire with brick surround and mantle over.

The kitchen diner is fitted with roll top work surfaces and matching base units and wall mounted gas boiler. There is plenty of dining space to the rear with dual aspect windows to side and rear overlooking the garden.

There is access into the ground floor shower room with tiled shower area and low level close coupled W.C and wall mounted wash hand basin. The shower room is very useful but also offers the potential to be converted into a utility room should it be preferred.

On the first floor there are three good sized bedrooms with UPVC double glazed windows, and a family shower room with matching white suit of glazed corner shower cubicle, a low level W.C and pedestal wash hand basin.

Outside - Outside to the front is a small lawned fore garden and a brick paved driveway to the front and side of the property. There is side gated access into the rear garden which has a patio laid mainly to lawn with mature hedge and wooden panel fenced borders and a useful garden shed.

There is also a useful garage a few yards away to the end of the cul-de-sac offering additional parking or storage space.

Services - Mains water, electricity, drainage and gas are understood to be connected. None of these services have been tested.

Fixtures & Fittings - Only those items described in these sale particulars are included in the sale.

Tenure - Freehold with Vacant Possession upon Completion.

Agent Details

Halls Estate Agents, Kidderminster

01562 543899

Next Steps?

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