2 Bed Flat, Single Let, Worcester, WR1 2NY, £250,000

ALBION MILL Portland Street, Worcestershire, WR1 2NY - 6 views - 5 years ago

Sold STC
Leasehold
BTL
53 m²
+6 photos

ValuationOvervalued

Sold Prices£74.8K - £290K
Sold Prices/m²£1.5K/m² - £11.5K/m²

 

 

Square Metres

52.90 m²
Price/m²£4.7K/m²

Value Estimate

£128,283

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£750 - £1,250

Rent Estimate

£750

Running Costs/mo

£951

Cashflow/mo

£-201

Cashflow/yr

£-2,415

Gross Yield

4%

Local Sold Prices

50 sold prices from £74.8K to £290K, average is £145.4K. £1.5K/m² to £11.5K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£230K09/230 miAlbion Mill, Flat 32, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£76K06/230 miFlat 17, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£80.5K01/230 miFlat 29, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£183K03/230.02 miFlat 25, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire WR1 2NY2
£85K08/230.03 mi72, Portland Street, Diglis, Worcester, Worcestershire WR1 2NW2
£209K12/200.12 miApartment 4, Stinton Court, Princes Drive, Worcester, Worcestershire WR1 2PE2
£240K05/210.13 miFlat 54, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£242.5K03/230.13 miApartment 11, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£285K03/230.13 miApartment 4, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£240K12/200.13 miApartment 7, Waters Edge, Armstrong Drive, Worcester, Worcestershire WR1 2GJ2
£210K07/230.14 miFlat 93, Harry Davis Court, Armstrong Drive, Worcester, Worcestershire WR1 2AJ2
£179K03/240.26 miThe Loft, Battenhall Place, Worcester, Worcestershire WR5 2DT2
£97K02/210.29 mi75, Friar Street, Worcester, Worcestershire WR1 2NA2
£290K10/230.34 miApartment 19, Aston Court, Basin Road, Worcester, Worcestershire WR5 3FR2
£150K01/230.34 miFlat 2, Wyatts Mews, Union Street, Worcester, Worcestershire WR1 2AS2
£145K07/210.35 miFlat 3, Fairfax House, Fish Street, Worcester, Worcestershire WR1 2HN2
£100K10/200.48 mi41, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£151K04/230.48 mi53, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£135K08/230.48 mi1, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£115K12/200.48 mi11, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£137K11/230.48 mi6, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£100K10/200.48 mi41, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£137K04/230.48 mi12, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£137.5K11/230.49 mi48, Albert Road, Worcester, Worcestershire WR5 1EB2
£130K10/200.5 mi29, Elmfield Gardens, Worcester, Worcestershire WR5 2HF2
£135K09/210.55 mi8, Bromwich Road, Worcester, Worcestershire WR2 4AA2
£135K12/220.55 mi12, Vesta Tilley Court, Worcester, Worcestershire WR1 2BL2
£157.5K05/220.55 mi9, Hales Orchard, Worcester, Worcestershire WR2 4BY2
£137K11/210.55 miFlat 10, Amber Reach, Spring Lane, Worcester, Worcestershire WR5 1AU2
£140K12/200.56 miFlat 53, Newport House, Newport Street, Worcester, Worcestershire WR1 3NG2
£74.8K05/210.61 mi8, Sawmill Close, Worcester, Worcestershire WR5 1EU2
£165K12/230.64 mi47, Magdala Court, Worcester, Worcestershire WR1 3PB2
£120K03/210.69 mi3, King Charles Place, Worcester, Worcestershire WR2 5AJ2
£155K07/230.7 mi37, Sansome Place, Worcester, Worcestershire WR1 1UA2
£148K07/210.74 mi77, Lion Court, Worcester, Worcestershire WR1 1UT2
£167.5K03/230.74 mi65, Lion Court, Worcester, Worcestershire WR1 1UT2
£145.8K07/210.74 mi61, Lion Court, Worcester, Worcestershire WR1 1UT2
£148K02/210.74 mi79, Lion Court, Worcester, Worcestershire WR1 1UT2
£140K09/230.76 mi19, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£150K06/230.76 mi9, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£175K07/240.76 mi31, Kennet Green, Worcester, Worcestershire WR5 1JQ2
£270K08/230.78 miApartment 2, Victoria Institute, Sansome Walk, Worcester, Worcestershire WR1 1DF2
£120K06/210.8 miFlat 22, Anchor House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£88K05/230.8 miFlat 4, Quay House, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£80K10/230.8 miWharf House, Flat 17, Lowesmoor Terrace, Worcester, Worcestershire WR1 2RX2
£105K02/230.8 mi22, Lapal Close, Worcester, Worcestershire WR2 5HT2
£145K04/230.8 mi28, Lapal Close, Worcester, Worcestershire WR2 5HT2
£180K11/230.81 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£170K11/200.81 miApartment 6, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2
£164K06/210.81 miApartment 1, The Hop House, Middle Street, Worcester, Worcestershire WR1 1NQ2

Local Rents

40 rents from £750/mo to £1.3K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£85011/240.05 miSt Wulstans Court, Bath Road, Worcester, WR52
£1,05011/240.05 mi-2
£1,15012/240.06 mi-2
£89511/240.07 mi**LET AGREED** Diglis Road, WR52
£83011/240.07 mi-2
£1,25011/240.1 miApartment 21, Waters Reach, Armstrong Drive, Worcester, Worcestershire, WR1 2GH2
£95011/240.11 mi-2
£95001/250.11 mi-2
£1,05002/240.12 mi-2
£89511/240.14 mi*LET AGREED* Bath Road, WR52
£95011/240.16 miBath Road, Worcester, WR52
£87511/240.16 miSevern Street, Worcester, Worcestershire2
£79511/240.23 miCollege Street, Worcester2
£97502/250.28 mi-2
£99911/240.3 mi-2
£99903/250.3 mi-2
£99911/240.3 miFriar Street, Worcester, WR12
£79511/240.32 miBattenhall Road, Worcestershire2
£75011/240.33 miWyatts Mews, Union Street, Worcester City Centre, WR12
£1,15011/240.35 miWoodhouse Close, Riverbank Court, WR52
£1,25011/240.36 miMillwright House, Basin Road, Worcester, Worcestershire, WR5 3GR2
£99511/240.37 miBasin Road, WORCESTER2
£1,20011/240.39 miWoodhouse Close, Worcester, Worcestershire, WR52
£1,10011/240.39 miLockwheel House, 4 Woodhouse Close, Worcester, WR52
£1,10011/240.39 miThe Old Fire Station, Copenhagen Street2
£89511/240.41 miCavalier Crescent, Worcester, Worcestershire, WR52
£75011/240.42 miWorcester, Worcestershire2
£75011/240.42 mi21 Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£75011/240.44 miNicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£99511/240.46 mi3 Orchard Mews, Orchard Street, Worcester, Worcestershire, WR52
£84003/250.46 mi-2
£1,10002/250.46 mi-2
£85002/240.51 mi-2
£85002/240.51 mi-2
£90001/250.51 mi-2
£85011/240.52 miBath Road, Worcester, WR52
£92511/240.55 miSpring Lane, WORCESTER2
£90001/250.56 mi-2
£92503/250.56 mi-2
£79511/240.6 miHill Street, Worcester2

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £250,000

November 19, 2019

Sold for £220,000

2007

Floor Plans

Description

  • Close proximity to the city centre +
  • Allocated parking +
  • Balcony with views +
  • Beautifully presented +
  • Open plan living area +
  • No chain +
  • DO YOU HAVE A PROPERTY TO SELL? Call us to discuss how we can get you moving! +
  • NEED A MORTGAGE? We have exclusive rates and could save you money! +

SUMMARY
A beautifully presented two bedroom, second floor apartment in the sought after location of Diglis, overlooking the Diglis Basin. The property also features high ceilings, sash windows and is spacious throughout.

DESCRIPTION
This stunning two bedroom, second floor apartment is situated in the sought after area of Diglis. The property comprises a spacious entrance hall, master bedroom with en-suite, second bedroom, bathroom and open plan kitchen/living area. The property is fully double glazed and is also offered with no onward chain.

Area Description 
Worcester City Centre is made up of a variety of large High Street brands, as well as lots of boutiques and independent retailers. Within the High Street there are many restaurants, pubs and wine bars. Just a stone's throw away from the south side of the City, is the sought after location of Diglis which has undergone major development in recent years and now has community of its own it benefits from having playing fields, gym, a hotel and pub.
Junction 7 of the M5 motorway is only a short drive away (approximately 3 miles) and the City also benefits from having two train stations at Foregate Street and Shrub Hill. These stations serve Birmingham and are also on a direct line to London Paddington.
Education within the City Centre comprises a variety of schools, including Stanley Road, St Georges RC, Cherry Orchard Primary School and Blessed Edward Secondary School to name a few. Worcester also boasts some well-regarded Private schools including Kings and Royal Grammar School as well as the University which is well known for its teaching and sporting degrees in addition to its research work.

Entrance Hall 
Three pendant ceiling lights, smoke detector, thermometer, carpet flooring. Further benefits from under floor heating throughout, storage cupboard with space for a washing machine to be plumbed in.

Kitchen/dining Room 25' 9" x 15' 7" ( 7.85m x 4.75m )
Two rear facing double glazed windows, fitted kitchen comprising range of wall and floor mounted units, stainless steel sink drainer unit, electric oven with electric hob featuring glass splashback, fridge/freezer, work surfaces, pendant ceiling light and a strip light, smoke detector, telephone point, TV point, carpet flooring, door leading onto balcony.

Bedroom One 9' 2" x 16' 3" ( 2.79m x 4.95m )
Side facing double glazed window, pendant ceiling light, built in wardrobe, telephone point, thermostat, carpet flooring.

En Suite 
Wall mounted wash hand basin, shower cubicle with shower overhead, low level WC, ceiling light, , extractor fan, shaver point, contemporary towel rail/radiator, part tiled walls, lino flooring.

Bedroom Two 13' 3" x 10' 11" ( 4.04m x 3.33m )
Rear facing double glazed window, pendant ceiling light, built in wardrobe, thermostat, telephone point, carpet flooring, door leading to patio.

Bathroom 
Wall mounted wash hand basin, bath with shower over and low level WC, ceiling light, extractor fan, shaver point, contemporary towel rail radiator, part tiled walls, lino flooring.

Outside 
The outside comprises of a decked balcony with glass surrounds.

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, Worcester

01905 917044

Next Steps?

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