4 Bed Detached House, Single Let, Worcester, WR1 3NR, £240,000

440 Newport Street, Worcester, WR1 3NR - a year ago

BTL
~129 m²

ValuationUndervalued

Sold Prices£192.5K - £1.1M
Sold Prices/m²£1.8K/m² - £5.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.9K/m²

Value Estimate

£300,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Total Cash In

£75,500

 

 

Cash Out

 

Rent Range

£950 - £3,060

Rent Estimate

£988

Running Costs/mo

£968

Cashflow/mo

£20

Cashflow/yr

£245

ROI

0%

Gross Yield

5%

Local Sold Prices

49 sold prices from £192.5K to £1.1M, average is £350K. £1.8K/m² to £5.1K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£350K01/210.32 mi40, Severn Terrace, Worcester, Worcestershire WR1 3EH4
£300K05/210.32 mi21, Severn Terrace, Worcester, Worcestershire WR1 3EH4
£425K11/210.32 mi14, Severn Terrace, Worcester, Worcestershire WR1 3EH4
£457K03/210.38 miYork House, The Moors, Worcester, Worcestershire WR1 3EE4
£290.5K04/210.38 mi39, Sansome Place, Worcester, Worcestershire WR1 1UA4
£495K04/210.4 mi41, Moor Street, Worcester, Worcestershire WR1 3DB4
£210K05/230.4 mi58a, Henwick Road, Worcester, Worcestershire WR2 5NT4
£312.5K08/230.41 mi15, Lion Court, Worcester, Worcestershire WR1 1UT4
£340K10/220.41 mi55, Lion Court, Worcester, Worcestershire WR1 1UT4
£275K12/220.41 mi20, Hardwicke Close, Worcester, Worcestershire WR2 5NX4
£283K09/210.42 mi20, Arboretum Road, Worcester, Worcestershire WR1 1NB4
£710K11/220.44 mi15, Britannia Square, Worcester, Worcestershire WR1 3DG4
£905K08/230.44 mi4, Britannia Square, Worcester, Worcestershire WR1 3DG4
£240K10/210.47 miLock Cottage, Lock Street, Worcester, Worcestershire WR5 1AL4
£750K01/210.47 mi22, Britannia Square, Worcester, Worcestershire WR1 3DH4
£290K10/230.49 mi35, Wylds Lane, Worcester, Worcestershire WR5 1DA4
£325K06/210.51 mi1, The Lane, Worcester, Worcestershire WR1 1AE4
£317.5K12/200.53 mi13, Bath Road, Worcester, Worcestershire WR5 3AA4
£1.1M05/230.55 mi43, Britannia Square, Worcester, Worcestershire WR1 3DN4
£575K12/230.57 mi39, Fort Royal Hill, Worcester, Worcestershire WR5 1BT4
£255K08/230.58 mi45, Henwick Avenue, Worcester, Worcestershire WR2 5JB4
£573K02/230.58 mi132, Henwick Road, Worcester, Worcestershire WR2 5PB4
£675K12/200.58 mi9, Albany Terrace, Worcester, Worcestershire WR1 3DU4
£662K04/210.58 mi18, Albany Terrace, Worcester, Worcestershire WR1 3DU4
£355K02/210.59 mi97, Comer Road, Worcester, Worcestershire WR2 5HY4
£330K05/210.6 miThe Old School House, Comer Road, Worcester, Worcestershire WR2 5HU4
£340K04/210.6 mi5, York Place, Worcester, Worcestershire WR1 3DR4
£437.5K02/210.6 mi140, Henwick Road, Worcester, Worcestershire WR2 5PB4
£300.5K05/210.61 mi8, Woolhope Road, Worcester, Worcestershire WR5 2AS4
£325K06/210.62 mi61, Woolhope Road, Worcester, Worcestershire WR5 2AR4
£325K01/210.62 mi77, Woolhope Road, Worcester, Worcestershire WR5 2AR4
£495K01/240.63 mi3, Ellis Road, Worcester, Worcestershire WR2 4AH4
£260K12/200.64 mi10, Leicester Street, Worcester, Worcestershire WR1 3HU4
£520K06/210.65 mi62, Bromyard Road, Worcester, Worcestershire WR2 5DA4
£350K05/230.66 mi21, Bromyard Road, Worcester, Worcestershire WR2 5BZ4
£230K06/210.66 mi13, Mcintyre Road, Worcester, Worcestershire WR2 5LG4
£710K10/220.67 mi23, Stephenson Road, Worcester, Worcestershire WR1 3EB4
£450K06/230.67 mi34, Laugherne Road, Worcester, Worcestershire WR2 5LS4
£192.5K09/230.67 mi63, London Road, Worcester, Worcestershire WR5 2DU4
£700K08/210.68 mi1, Battenhall Place, Worcester, Worcestershire WR5 2DT4
£220K02/230.69 mi14, Knight Street, Worcester, Worcestershire WR2 5DB4
£305K10/220.7 mi53, Lansdowne Road, Worcester, Worcestershire WR1 1SP4
£395K11/200.7 mi21, Claverham Close, Worcester, Worcestershire WR2 4NB4
£310K10/210.7 mi12a, Greathouse Road, Worcester, Worcestershire WR2 4HU4
£382.5K05/230.71 mi79, Laugherne Road, Worcester, Worcestershire WR2 5LY4
£395K03/210.72 mi117, Laugherne Road, Worcester, Worcestershire WR2 5LY4
£470K05/210.72 mi92, Woolhope Road, Worcester, Worcestershire WR5 2AP4
£360K03/210.73 mi11, Fountain Place, Worcester, Worcestershire WR1 3HW4
£445K10/200.74 mi2, Rose Hill, Worcester, Worcestershire WR5 1EY4

Local Rents

14 rents from £950/mo to £3.1K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,75011/240.13 miMagdala Court, The Butts, Worcester, WR14
£1,20004/250.33 mi-4
£1,95011/240.38 miEdgar Street, Worcester, WR1 2LR4
£95011/240.39 miHenwick Road, St Johns, Worcester3
£1,30011/240.41 miThe Tything, Worcester3
£97511/240.47 miBromyard Terrace, Worcester St. Johns, Worcester3
£99511/240.54 miBakers Mews, St Johns, Worcester St. Johns, Worcester3
£1,30004/250.57 mi-3
£3,06011/240.58 miChestnut Street, Worcester6
£1,90012/240.59 mi-4
£1,25004/250.59 mi-3
£1,05011/240.59 miLowell Street, Worcester, Worcestershire, WR14
£1,35011/240.61 miHebb Street, Worcester, Worcestershire, WR13
£1,05011/240.61 miApartment 6, Autumn Terrace, Worcester3

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.46 miles away

Nearest school

0.40 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £240,000

April 5, 2025

Listed for £250,000

April 26, 2024

Floor Plans

Description

  • Development Opportunity with Planning Approved +
  • Application number is 23/00783/FUL +
  • City Centre +
  • Four One Bedroom Apartments +
  • Commercial Ground Floor +
  • Great Location +

An exciting opportunity in the heart of Worcester. Full planning approval for demolition of existing building and replace with a three storey detached development. Commercial space to the ground floor and four apartments to the two additional floors. Newport Street is on the outskirts of the town centre, close to Worcester Racecourse and Worcester County Cricket ground. The apartments look out on the the River Severn.  Application number is 23/00783/FUL worcester.gov.uk/Planning/Display/23/00783/FUL Please read the following: These particulars are for general guidance only and are based on information supplied and approved by the seller. Complete accuracy cannot be guaranteed and may be subject to errors and/or omissions. They do not constitute a contract or part of a contract in any way. We are not surveyors or conveyancing experts therefore we cannot and do not comment on the condition, issues relating to title or other legal issues that may affect this property. Interested parties should employ their own professionals to make enquiries before carrying out any transactional decisions. Photographs are provided for illustrative purposes only and the items shown in these are not necessarily included in the sale, unless specifically stated. The mention of any fixtures, fittings and/or appliances does not imply that they are in full efficient working order, and they have not been tested. All dimensions are approximate. We are not liable for any loss arising from the use of these details.  Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £30 (including VAT) per property. This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini.

Agent Details

Arden Estates, Worcester

01905 672319

Next Steps?

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