3 Bed Semi-Detached House, Single Let, Worcester, WR4 9PX, £200,000

Rose Avenue, Worcester, Worcestershire, WR4 9PX - 3 views - 7 months ago

Sold STC

BTL

ROI: 3%

~93 m²

+5 photos

ValuationUndervalued

Sold Prices	£135K - £330K
Sold Prices/m²	£1.4K/m² - £4.1K/m²

Square Metres	~93 m²
Price/m²	£2.2K/m²
Value Estimate	£224,459£224,459
BMV	12%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£50,000£50,000
Stamp Duty & Legal Fees	£7,200£7,200
Total Cash In	£57,200£57,200

Cash Out
Rent Range	£825 - £2,400£825 - £2,400
Rent Estimate	£963
Running Costs/mo	£838£838
Cashflow/mo	£125£125
Cashflow/yr	£1,505£1,505
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £135K to £330K, average is £194.8K. £1.4K/m² to £4.1K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£176K	03/21	0.07 mi	11, May Avenue, Worcester, Worcestershire WR4 9QP	£2,479	71	3	Semi-Detached House
£197.5K	12/21	0.14 mi	97, Rose Avenue, Worcester, Worcestershire WR4 9RB	£2,705	73	3	Semi-Detached House
£187.5K	01/21	0.14 mi	15, Oriel Close, Worcester, Worcestershire WR4 9QD	£2,568	73	3	Semi-Detached House
£175.5K	01/21	0.18 mi	123, Rose Avenue, Worcester, Worcestershire WR4 9QN	£2,411	73	3	Semi-Detached House
£168.3K	12/21	0.18 mi	100, Hollymount, Worcester, Worcestershire WR4 9SF	£2,214	76	3	Semi-Detached House
£156K	12/20	0.18 mi	45, Hollymount, Worcester, Worcestershire WR4 9SF	£2,053	76	3	Semi-Detached House
£217.5K	09/21	0.19 mi	42, Tunnel Hill, Worcester, Worcestershire WR4 9SD	-	-	3	Semi-Detached House
£165K	07/21	0.2 mi	169, Tolladine Road, Worcester, Worcestershire WR4 9QH	-	-	3	Semi-Detached House
£135K	12/20	0.2 mi	43, Tunnel Hill, Worcester, Worcestershire WR4 9RP	£1,875	72	3	Terraced House
£189.3K	01/21	0.2 mi	10, Wilson Street, Worcester, Worcestershire WR3 8NH	£2,783	68	3	Semi-Detached House
£235K	11/22	0.21 mi	2, Keble Close, Worcester, Worcestershire WR4 9QE	£2,938	80	3	Terraced House
£205K	09/23	0.21 mi	14, Keble Close, Worcester, Worcestershire WR4 9QE	£2,595	79	3	Terraced House
£182K	05/21	0.21 mi	17, Keble Close, Worcester, Worcestershire WR4 9QE	£2,416	75	3	Terraced House
£205K	12/20	0.21 mi	12, Merton Close, Worcester, Worcestershire WR4 9QF	£2,330	88	3	Semi-Detached House
£225K	08/21	0.22 mi	37, Albany Road, Worcester, Worcestershire WR3 8EY	£2,728	82	3	Semi-Detached House
£205K	07/21	0.23 mi	152, Holly Mount Road, Worcester, Worcestershire WR4 9SJ	£2,356	87	3	Semi-Detached House
£250K	12/22	0.23 mi	120, Holly Mount Road, Worcester, Worcestershire WR4 9SG	£3,731	67	3	Semi-Detached House
£227.5K	05/21	0.26 mi	31, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH	£1,625	140	3	Semi-Detached House
£152.5K	05/21	0.27 mi	10, Birch Avenue, Worcester, Worcestershire WR4 9SH	-	-	3	Semi-Detached House
£210K	12/22	0.29 mi	136, Lansdowne Road, Worcester, Worcestershire WR3 8JA	-	-	3	Terraced House
£165K	08/23	0.3 mi	8, Laurel Road, Worcester, Worcestershire WR4 9RT	£2,260	73	3	Semi-Detached House
£185K	05/23	0.3 mi	30, Wolsey Close, Worcester, Worcestershire WR4 9ES	-	-	3	Semi-Detached House
£215K	06/21	0.3 mi	8, Wolsey Close, Worcester, Worcestershire WR4 9ES	£3,246	66	3	Semi-Detached House
£198K	09/21	0.3 mi	13, Wolsey Close, Worcester, Worcestershire WR4 9ES	£2,386	83	3	Semi-Detached House
£250K	10/23	0.3 mi	9, Wolsey Close, Worcester, Worcestershire WR4 9ES	£2,941	85	3	Semi-Detached House
£245K	09/23	0.3 mi	7, Wolsey Close, Worcester, Worcestershire WR4 9ES	£3,101	79	3	Semi-Detached House
£180K	11/23	0.31 mi	35, Astwood Road, Worcester, Worcestershire WR3 8ER	£1,837	98	3	Semi-Detached House
£180K	06/23	0.31 mi	23c, Avon Road, Worcester, Worcestershire WR4 9AF	-	-	3	Semi-Detached House
£189K	10/21	0.32 mi	6, Portefields Road, Worcester, Worcestershire WR4 9RE	£2,487	76	3	Semi-Detached House
£157.5K	12/20	0.32 mi	29, Portefields Road, Worcester, Worcestershire WR4 9RE	£2,128	74	3	Semi-Detached House
£186K	06/23	0.33 mi	9, Belmont Street, Worcester, Worcestershire WR3 8NN	-	-	3	Terraced House
£266.5K	07/23	0.34 mi	11, Rogers Hill, Worcester, Worcestershire WR3 8JQ	£2,613	102	3	Terraced House
£185K	04/21	0.34 mi	26, Rogers Hill, Worcester, Worcestershire WR3 8JQ	£1,907	97	3	Terraced House
£215.6K	09/21	0.34 mi	29, Rogers Hill, Worcester, Worcestershire WR3 8JQ	£2,480	87	3	Terraced House
£285K	08/23	0.36 mi	71, Newtown Road, Worcester, Worcestershire WR5 1HH	£4,130	69	3	Semi-Detached House
£142K	01/21	0.36 mi	39, Sycamore Road, Worcester, Worcestershire WR4 9RU	£2,152	66	3	Terraced House
£138K	04/21	0.37 mi	7, Mayfield Road, Worcester, Worcestershire WR3 8NS	£1,423	97	3	Semi-Detached House
£192K	02/21	0.37 mi	18, Mayfield Road, Worcester, Worcestershire WR3 8NT	£1,548	124	3	Terraced House
£330K	04/23	0.37 mi	106, Astwood Road, Worcester, Worcestershire WR3 8EZ	£2,558	129	3	Terraced House
£242K	06/21	0.38 mi	5, Harvey Walk, Worcester, Worcestershire WR3 8JN	£3,299	73	3	Semi-Detached House
£140K	06/21	0.39 mi	35b, Teme Road, Worcester, Worcestershire WR4 9AW	£1,806	78	3	Semi-Detached House
£225K	03/21	0.39 mi	77, Astwood Road, Worcester, Worcestershire WR3 8EP	£2,473	91	3	Detached House
£185K	01/21	0.39 mi	93, Astwood Road, Worcester, Worcestershire WR3 8EP	£1,907	97	3	Semi-Detached House
£205K	07/21	0.4 mi	59, Astwood Road, Worcester, Worcestershire WR3 8EP	£1,847	111	3	Terraced House
£176K	05/21	0.4 mi	59, Vauxhall Street, Worcester, Worcestershire WR3 8PA	£2,200	80	3	Terraced House
£232.1K	11/22	0.4 mi	63, Vauxhall Street, Worcester, Worcestershire WR3 8PA	£2,901	80	3	Terraced House
£169K	03/21	0.4 mi	12, Vauxhall Street, Worcester, Worcestershire WR3 8PA	£2,315	73	3	Terraced House
£230K	12/22	0.41 mi	9, Chiltern Close, Worcester, Worcestershire WR4 9DY	£2,805	82	3	Semi-Detached House
£218K	02/24	0.41 mi	17, Humber Road, Worcester, Worcestershire WR5 1LY	£2,271	96	3	Semi-Detached House
£245K	05/23	0.42 mi	46, Newtown Road, Worcester, Worcestershire WR5 1HJ	-	-	3	Semi-Detached House

Local Rents

16 rents from £825/mo to £2.4K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£950	11/24	0.08 mi	Lilac Avenue, WORCESTER	3	Detached House
£1,153	03/25	0.21 mi	-	3	Terraced House
£1,050	10/24	0.23 mi	-	3	Bungalow
£1,150	11/24	0.26 mi	-	3	Terraced House
£1,400	11/24	0.31 mi	-	3	Semi-Detached House
£1,200	02/25	0.45 mi	-	3	Semi-Detached House
£1,000	02/24	0.48 mi	-	3	Semi-Detached House
£1,350	02/25	0.48 mi	-	3	Semi-Detached House
£1,200	11/24	0.49 mi	Mayfield Avenue, Worcester, Worcestershire, WR3	3	Detached House
£1,350	12/24	0.5 mi	-	3	Terraced House
£825	11/24	0.5 mi	Lower Chestnut Street, Worcester, Worcestershire, WR1	3	Flat
£2,400	04/25	0.5 mi	-	3	Semi-Detached House
£1,050	11/24	0.5 mi	Apartment 6, Autumn Terrace, Worcester	3	Flat
£1,250	11/24	0.5 mi	-	3	Semi-Detached House
£1,250	06/24	0.5 mi	-	3	Semi-Detached House
£1,200	03/25	0.53 mi	-	3	Semi-Detached House

Local Area Statistics

Population in WR4	26,12726,127
Population in Worcester	142,140142,140
Town centre distance	0.78 miles away0.78 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.30 miles away0.30 miles away

Rental growth (12m)	+38%+38%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+30%+30%

Property History

Listed for £200,000

September 24, 2024

Floor Plans

Description

Semi-Detached House +
Three Bedrooms +
Off Road Parking +
Kitchen-Diner +
Garden +
Easy Access Into City Centre +
EPC Rating - D +
Ultrafast, Superfast & Standard Broadband +

This three bedroom semi-detached house offers a perfect opportunity for first-time buyers or investors. The property boasts a layout with a lounge and a well-proportioned kitchen, perfect for everyday living.

Inside, you'll find a bright and airy lounge, leading through to the kitchen with plenty of storage space and room for dining. The upstairs features three comfortable bedrooms and a family bathroom. The layout is practical and ready for personalisation, making it a great project for anyone looking to add their own touch.

Outside, the property benefits from a lovely garden space, ideal for relaxing or entertaining. There’s also off-road parking available, providing convenience for busy lifestyles. Located close to local amenities, schools, and transport links, this property ticks all the boxes for a comfortable and convenient lifestyle.