3 Bed Terraced House, Single Let, Worcester, WR1 1PA, £270,000

322 Chestnut Street, Worcester, WR1 1PA - 8 months ago

Sold STC
BTL
~150 m²
+8 photos

ValuationUndervalued

Sold Prices£160.5K - £495K
Sold Prices/m²£1.1K/m² - £4.3K/m²

 

 

Square Metres

~149.60 m²
Price/m²£1.8K/m²

Value Estimate

£332,100
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£18,200

Total Cash In

£85,700

 

 

Cash Out

 

Rent Range

£825 - £1,350

Rent Estimate

£973

Running Costs/mo

£1,058

Cashflow/mo

£-85

Cashflow/yr

£-1,024

Gross Yield

4%

Local Sold Prices

50 sold prices from £160.5K to £495K, average is £260K. £1.1K/m² to £4.3K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£205K03/210.01 mi12, Chestnut Street, Worcester, Worcestershire WR1 1PA3
£220K11/230.05 mi20, Wood Terrace, Worcester, Worcestershire WR1 1NY3
£235K12/200.06 mi4, Chestnut Walk, Worcester, Worcestershire WR1 1PP3
£160.5K03/210.07 mi22, Lower Chestnut Street, Worcester, Worcestershire WR1 1PB3
£189K08/230.11 mi83, Northfield Street, Worcester, Worcestershire WR1 1NT3
£200K12/220.11 mi80, Northfield Street, Worcester, Worcestershire WR1 1NT3
£185K05/210.13 mi21, Lansdowne Road, Worcester, Worcestershire WR1 1SS3
£228.5K11/220.13 mi59, Lower Chestnut Street, Worcester, Worcestershire WR1 1PD3
£265K04/240.14 mi45, Lansdowne Road, Worcester, Worcestershire WR1 1SP3
£210K04/240.14 mi20, Barry Street, Worcester, Worcestershire WR1 1NR3
£171.3K11/200.17 mi17, Lowell Street, Worcester, Worcestershire WR1 1NP3
£232K10/220.17 mi13, Lowell Street, Worcester, Worcestershire WR1 1NP3
£253.5K12/220.18 mi17, Lowell Street, Worcester, Worcestershire WR1 1NP3
£233K02/220.18 mi23, Lowell Street, Worcester, Worcestershire WR1 1NP3
£204K02/240.19 mi51, Southfield Street, Worcester, Worcestershire WR1 1NN3
£271K10/210.19 mi19, Middle Street, Worcester, Worcestershire WR1 1NQ3
£205K03/210.24 mi26, Wilfred Close, Worcester, Worcestershire WR3 8XQ3
£235K11/200.27 mi37, Lion Court, Worcester, Worcestershire WR1 1UT3
£250K02/210.27 mi41, Lion Court, Worcester, Worcestershire WR1 1UT3
£280K08/230.27 mi33, Lion Court, Worcester, Worcestershire WR1 1UT3
£495K09/230.28 mi99, Lansdowne Road, Worcester, Worcestershire WR3 8JJ3
£289K11/200.29 mi11, Abberley View, Worcester, Worcestershire WR3 8LU3
£300K02/230.29 mi16, Abberley View, Worcester, Worcestershire WR3 8LU3
£350K12/220.29 mi45, Shrubbery Avenue, Worcester, Worcestershire WR1 1QP3
£305K10/200.29 mi86, Shrubbery Avenue, Worcester, Worcestershire WR1 1QP3
£322.5K08/210.29 mi55, Shrubbery Avenue, Worcester, Worcestershire WR1 1QP3
£322K06/210.29 mi65, Shrubbery Avenue, Worcester, Worcestershire WR1 1QP3
£285.3K07/230.29 mi63, Shrubbery Avenue, Worcester, Worcestershire WR1 1QP3
£392K11/230.29 mi73, Shrubbery Avenue, Worcester, Worcestershire WR1 1QP3
£280K04/220.29 mi34, Charter Place, Worcester, Worcestershire WR1 3BX3
£185K09/230.3 mi20, Ashcroft Road, Worcester, Worcestershire WR1 3HX3
£270K12/200.3 mi18, Charter Place, Worcester, Worcestershire WR1 3BX3
£275K01/210.3 mi7, Charter Place, Worcester, Worcestershire WR1 3BX3
£280K10/220.3 mi24, Charter Place, Worcester, Worcestershire WR1 3BX3
£285K08/230.3 mi18, Charter Place, Worcester, Worcestershire WR1 3BX3
£266K02/210.31 mi51, Sansome Place, Worcester, Worcestershire WR1 1UA3
£265K03/210.31 mi50, Sansome Place, Worcester, Worcestershire WR1 1UA3
£266.5K07/230.31 mi11, Rogers Hill, Worcester, Worcestershire WR3 8JQ3
£185K04/210.31 mi26, Rogers Hill, Worcester, Worcestershire WR3 8JQ3
£215.6K09/210.31 mi29, Rogers Hill, Worcester, Worcestershire WR3 8JQ3
£355K02/240.31 mi14, Shrubbery Road, Worcester, Worcestershire WR1 1QR3
£275K05/210.31 mi6, Shrubbery Road, Worcester, Worcestershire WR1 1QR3
£240K01/210.31 mi4, Shrubbery Road, Worcester, Worcestershire WR1 1QR3
£330K12/220.31 mi33, Shrubbery Road, Worcester, Worcestershire WR1 1QR3
£287.5K05/210.31 mi33, Shrubbery Road, Worcester, Worcestershire WR1 1QR3
£210K06/210.32 mi2, St Egwine Close, Worcester, Worcestershire WR3 8XB3
£255K09/230.32 mi10, Bishops Avenue, Worcester, Worcestershire WR3 8XA3
£180K10/200.32 mi55, Bishops Avenue, Worcester, Worcestershire WR3 8XA3
£325.1K03/240.32 mi75, Flag Meadow Walk, Worcester, Worcestershire WR1 1QU3
£200K01/210.33 mi1, Vigornia Avenue, Worcester, Worcestershire WR3 8JY3

Local Rents

14 rents from £825/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,35011/240.13 mi-3
£82511/240.14 miLower Chestnut Street, Worcester, Worcestershire, WR13
£89510/240.14 mi-3
£1,30011/240.18 miThe Tything, Worcester3
£1,30004/250.21 mi-3
£1,35011/240.28 miHebb Street, Worcester, Worcestershire, WR13
£1,30011/240.37 miGregorys Mill Street, Worcester, Worcestershire, WR33
£1,20011/240.39 miMayfield Avenue, Worcester, Worcestershire, WR33
£1,05003/250.42 mi-3
£1,30011/240.43 mi-3
£1,35004/250.43 mi-3
£1,10011/240.55 miSomers Road, Barbourne, Worcester, WR13
£1,15010/240.59 mi-3
£1,25011/240.59 miBarbourne Lane, Worcester3

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.74 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 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 £270,000

November 8, 2024

Listed for £290,000

August 8, 2024

Floor Plans

Description

  • Period Property +
  • City Centre Location +
  • Private Rear Garden +
  • Two Reception Rooms +
  • Cellar +
  • Utility +

** A charming double-front Edwardian house featuring three bedrooms, a gorgeous private rear garden, and off-street parking, located in the heart of Worcester.** Upon entering the property, the hallway provides access to the family room, the lounge/diner, and the stairs rising to the first floor. The family room is a bright space with gorgeous cornicing features, making it an ideal snug or home office if required. This room leads to the rear hallway, which provides access to the bathroom and kitchen and links back to the lounge/diner. The bathroom is well-appointed with a corner bath, sink, and WC, offering a comfortable and convenient space. The kitchen, with views of the rear garden, features a range of wall and base units in neutral tones and built-in appliances, including a sink and drainer, electric oven, four-ring gas hob, extractor fan, and microwave. The kitchen also provides convenient access to the utility room and the rear garden. The lounge/diner, an expansive area perfect for entertaining, features sliding doors opening to the garden, flooding the room with light and offering a tranquil outlook. The first floor comprises a master bedroom with built-in storage that provides a tranquil retreat, alongside two additional bedrooms, making it ideal for families or guests. A separate WC on this floor adds to the convenience. The lower ground floor boasts a generous cellar, perfect for additional storage or potential conversion. Outside, the garden is mainly laid to lawn with a patio area perfect for al-fresco dining. The garden is a private retreat, perfect for enjoying sunny days. Location: This location is just a short walk from the vibrant city centre, offering easy access to a variety of cosmopolitan bars, restaurants, cafes, and shops. It is also within walking distance of 24-hour gyms and Foregate Street station, which provides a direct line to London Paddington. Worcester is rich in culture, featuring art galleries, theatres, live music, Saturday street markets, and an annual Christmas Fayre. The city is steeped in history, with museums and historical walks to explore. The River Severn flows through Worcester, providing beautiful canal walks, which this property overlooks. This truly is the perfect base for enjoying city living! Rooms: Cellar - 3.83m x 4.1m (12'6" x 13'5") Stairs Lounge Diner - 4.64m x 9.97m (15'2" x 32'8") max Family Room - 4.1m x 3.8m (13'5" x 12'5") Bathroom - 2.42m x 2.32m (7'11" x 7'7") max Kitchen - 3.06m x 3m (10'0" x 9'10") Utility Room - 3.09m x 1.12m (10'1" x 3'8") Stairs Master Bedroom - 4.13m x 3.79m (13'6" x 12'5") Bedroom 2 - 3.73m x 4.09m (12'2" x 13'5") max Bedroom 3 - 3.61m x 2.46m (11'10" x 8'0") WC - 1.12m x 1.5m (3'8" x 4'11")

Agent Details

Arden Estates, Worcester

01905 672319

Next Steps?

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