2 Bed Detached House, Planning Permission, Worcester, WR5 1HJ, £240,000

Newtown Road, WR5 1HJ - 9 months ago

Planning
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£125K - £297.5K
Sold Prices/m²£1.3K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£189,374

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Total Cash In

£75,500

 

 

Cash Out

 

Rent Range

£795 - £1,050

Rent Estimate

£690

Running Costs/mo

£908

Cashflow/mo

£-218

Cashflow/yr

£-2,616

Gross Yield

3%

Local Sold Prices

50 sold prices from £125K to £297.5K, average is £180K. £1.3K/m² to £4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£175K03/210.01 mi36c, Newtown Road, Worcester, Worcestershire WR5 1HJ2
£208K02/230.09 mi2c, Ronkswood Hill, Worcester, Worcestershire WR4 9EP2
£218K05/230.18 mi8, Windrush Close, Worcester, Worcestershire WR5 1JZ2
£218K02/240.19 mi97, Medway Road, Ronkswood, Worcester, Worcestershire WR5 1SA2
£172.5K01/210.21 mi24, Newtown Road, Worcester, Worcestershire WR5 1HF2
£137.5K07/210.24 mi10, Christchurch Road, Worcester, Worcestershire WR4 9QA2
£162K06/210.24 mi2, Christchurch Road, Worcester, Worcestershire WR4 9QA2
£142.5K12/200.39 mi83, Portefields Road, Worcester, Worcestershire WR4 9RF2
£190K12/220.42 mi8, Mendip Close, Worcester, Worcestershire WR4 9DZ2
£137K12/230.42 mi173, Liverpool Road, Worcester, Worcestershire WR5 1QJ2
£214K05/240.46 mi32, Byfield Rise, Worcester, Worcestershire WR5 1BA2
£159K12/220.46 mi44, Byfield Rise, Worcester, Worcestershire WR5 1BA2
£185K09/210.46 mi54, Byfield Rise, Worcester, Worcestershire WR5 1BA2
£147K11/200.46 mi61, Byfield Rise, Worcester, Worcestershire WR5 1BA2
£160K06/210.46 mi18, Cheviot Close, Worcester, Worcestershire WR4 9EB2
£190K02/230.47 mi15, Cheviot Close, Worcester, Worcestershire WR4 9EB2
£166K03/210.49 mi2, Portsmouth Close, Worcester, Worcestershire WR5 1RX2
£210K05/240.49 mi9, Portsmouth Close, Worcester, Worcestershire WR5 1RX2
£187.5K08/210.5 mi44, Hollymount, Worcester, Worcestershire WR4 9SF2
£235K04/230.53 mi2, Devon Road, Worcester, Worcestershire WR5 1QQ2
£225K03/230.53 mi300, Wylds Lane, Worcester, Worcestershire WR5 1DZ2
£180K02/240.53 mi177, Wylds Lane, Worcester, Worcestershire WR5 1DZ2
£210K11/230.54 mi15, Hill Street, Worcester, Worcestershire WR5 1BQ2
£219K04/230.54 mi3, Hill Street, Worcester, Worcestershire WR5 1BQ2
£165K04/230.55 mi81, Stanley Road, Worcester, Worcestershire WR5 1BE2
£161K06/210.56 mi13, Spring Hill, Worcester, Worcestershire WR5 1BL2
£166K05/210.56 mi38, Chelmsford Drive, Worcester, Worcestershire WR5 1QX2
£160.5K01/210.56 mi7, Chelmsford Drive, Worcester, Worcestershire WR5 1QX2
£125K06/210.57 mi183, Tunnel Hill, Worcester, Worcestershire WR4 9SA2
£180K11/220.57 mi154, Tunnel Hill, Worcester, Worcestershire WR4 9SA2
£176.9K01/210.58 mi41, Tunnel Hill, Worcester, Worcestershire WR4 9RP2
£130K03/230.59 mi22, Spring Lane, Worcester, Worcestershire WR5 1AU2
£188K09/230.59 mi18, Spring Lane, Worcester, Worcestershire WR5 1AU2
£175.5K05/210.6 mi62, Vincent Road, Worcester, Worcestershire WR5 1AY2
£168.5K10/210.6 mi92, Vincent Road, Worcester, Worcestershire WR5 1AY2
£165K06/210.6 mi56, Vincent Road, Worcester, Worcestershire WR5 1AY2
£168.5K10/210.6 mi92, Vincent Road, Worcester, Worcestershire WR5 1AY2
£168.5K10/210.6 mi92, Vincent Road, Worcester, Worcestershire WR5 1AY2
£160K02/210.6 mi32, Vincent Road, Worcester, Worcestershire WR5 1AY2
£165K11/200.6 mi94, Vincent Road, Worcester, Worcestershire WR5 1AY2
£287.5K03/210.6 mi176, Wylds Lane, Worcester, Worcestershire WR5 1DN2
£210K04/230.6 mi26, Wilson Street, Worcester, Worcestershire WR3 8NH2
£297.5K06/230.61 mi79, Victoria Avenue, Worcester, Worcestershire WR5 1EE2
£180K03/210.62 mi13, Edward Close, Worcester, Worcestershire WR5 1DE2
£255K10/220.62 mi26, Albany Road, Worcester, Worcestershire WR3 8EY2
£210K07/230.63 mi5, Kirkstone Drive, Worcester, Worcestershire WR4 9BS2
£180K05/230.63 mi22, Kirkstone Drive, Worcester, Worcestershire WR4 9BS2
£220K01/210.63 mi26, Kirkstone Drive, Worcester, Worcestershire WR4 9BS2
£205K05/230.63 mi27, Kirkstone Drive, Worcester, Worcestershire WR4 9BS2
£192.5K03/210.63 mi28, Albany Road, Worcester, Worcestershire WR3 8EY2

Local Rents

10 rents from £795/mo to £1.1K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£85006/230.01 mi-2
£90004/250.01 mi-2
£80001/250.13 mi-2
£95011/240.44 miByfield Rise, Worcester, WR52
£87503/250.45 mi-2
£79511/240.54 miHill Street, Worcester2
£99511/240.54 mi-2
£92511/240.59 miSpring Lane, WORCESTER2
£95006/230.6 mi-2
£1,05002/250.6 mi-2

Local Area Statistics

Population in WR5

30,933

Population in Worcester

142,140

Town centre distance

0.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £240,000

August 13, 2024

Floor Plans

Description

  • OFFERED FOR SALE WITH NO ONWARD CHAIN +
  • DETACHED BUNGALOW IN ELEVATED POSITION +
  • OFF ROAD PARKING & GARAGE +
  • FRONT & REAR GARDEN +
  • TWO RECEPTION ROOMS, KITCHEN +
  • TWO BEDROOMS & BATHROOM +
  • GAS CENTRAL HEATING & DOUBLE GLAZING +
  • CALL NOW TO ARRANGE A VIEWING +
  • EPC -TBC +
  • EASY ACCESS TO WORCESTER ROYAL HOSPITAL +

Call now to arrange a viewing on this detached bungalow in a popular & convenient location. Easy access to Lidl supermarket, Worcester Royal Hospital, Shrub Hill station & Worcester City Centre.  The accommodation in brief comprises, two reception rooms, kitchen, two bedrooms & bathroom. There is a driveway to the front providing off road parking, a single garage & gardens to the side & front and rear courtyard. Further benefits include gas central heating, double glazing and is offered for sale with no onward chain. 

EPC- D Tenure- Freehold Council Tax Band- C Room Measurements can be found on the floorplan.

* details may be subject to change not verified by the owner.
DISCLAIMER- APPLIANCES SUCH AS RADIATORS, HEATERS, BOILERS, FIXTURES OR UTILITIES (GAS, WATER, ELECTRICITY) WHICH MAY HAVE BEEN MENTIONED IN THESE DETAILS HAVE NOT BEEN TESTED AND NO GUARANTEE CAN BE GIVEN THAT THEY ARE SUITABLE OR IN WORKING ORDER. WE CANNOT GUARANTEE THAT BUILDING REGULATIONS OR PLANNING PERMISSION HAS BEEN APPROVED AND WOULD RECOMMEND THAT PROSPECTIVE PURCHASERS SHOULD MAKE THEIR OWN INDEPENDENT ENQUIRIES ON THESE MATTERS. ALL MEASUREMENTS ARE APPROXIMATE.

Agent Details

Emdot Property Consultants Ltd, Worcester

01905 672219

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪