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6 Bed Semi-Detached House, Cash/Bridging Only, Worcester, WR6 6HR, £500,000





ValuationFair Value
Sold Prices | £332K - £725K |
Sold Prices/m² | £2.9K/m² - £5.4K/m² |
| |
Square Metres | ~186 m² |
Price/m² | £2.7K/m² |
Value Estimate | £505,000£505,000 |
| |
End Value (After Refurb) | £587,161£587,161 |
Uplift in Value | +17%+17% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £125,000£125,000 |
Stamp Duty & Legal Fees | £28,700£28,700 |
Refurb Costs | £73,200£73,200 |
Bridging Loan Interest | £13,125£13,125 |
Total Cash In | £241,775£241,775 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £587,161£587,161 |
Mortgage (After Refinance) | £440,371£440,371 |
Mortgage LTV | 75%75% |
Cash Released | £65,371£65,371 |
Cash Left In | £176,404£176,404 |
Equity | £146,790£146,790 |
Rent Range | £850 - £2,500£850 - £2,500 |
Rent Estimate | £1,331 |
Running Costs/mo | £2,121£2,121 |
Cashflow/mo | £-790£-790 |
Cashflow/yr | £-9,481£-9,481 |
Gross Yield | 3%3% |
Local Sold Prices
11 sold prices from £332K to £725K, average is £508.5K. £2.9K/m² to £5.4K/m², average is £3.7K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£725K | 05/23 | 0.13 mi | Robins Croft, Worcester Road, Great Witley, Worcester, Worcestershire WR6 6HR | £5,374 | 135 | 4 | Detached House | |
£355K | 05/21 | 0.31 mi | 1, Stanford Road, Great Witley, Worcester, Worcestershire WR6 6HT | £3,944 | 90 | 4 | Semi-Detached House | |
£495K | 03/21 | 0.46 mi | Baytree Cottage, Worcester Road, Great Witley, Worcester, Worcestershire WR6 6HX | £3,580 | 138 | 4 | Detached House | |
£425K | 11/22 | 1.06 mi | 2, Rosedale, Abberley, Worcester, Worcestershire WR6 6BA | £3,125 | 136 | 4 | Detached House | |
£508.5K | 11/22 | 1.16 mi | Quadrant Cottage, Structons Heath, Great Witley, Worcester, Worcestershire WR6 6JA | - | - | 4 | Detached House | |
£445K | 11/20 | 1.51 mi | Heathview Barn, Hillhampton, Great Witley, Worcester, Worcestershire WR6 6JU | £3,708 | 120 | 4 | Terraced House | |
£650K | 02/21 | 1.66 mi | Upper Crundle Farm, Elms Green, Abberley, Worcester, Worcestershire WR6 6AX | - | - | 4 | Semi-Detached House | |
£332K | 11/22 | 1.83 mi | 86, Stockton Road, Stockton, Worcester, Worcestershire WR6 6UY | - | - | 4 | Semi-Detached House | |
£550K | 03/21 | 2.21 mi | Main Barn, Bank Road, Little Witley, Worcester, Worcestershire WR6 6LR | £2,880 | 191 | 4 | Semi-Detached House | |
£587.5K | 12/21 | 2.5 mi | Poachers Barn, Well Lane, Little Witley, Worcester, Worcestershire WR6 6LN | £4,052 | 145 | 4 | Terraced House | |
£658.2K | 09/21 | 2.66 mi | Cherry Orchard, Well Lane, Little Witley, Worcester, Worcestershire WR6 6LN | - | - | 4 | Detached House |
Local Rents
8 rents from £850/mo to £2.5K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,100 | 11/24 | 0.12 mi | Old Hundred House Mews, Great Witley, WORCESTER | 2 | Flat | |
£1,100 | 11/24 | 0.15 mi | Worcester Road, Great Witley, WORCESTER | 2 | Flat | |
£1,100 | 11/24 | 0.15 mi | Worcester Road, Great Witley, WORCESTER | 2 | Flat | |
£1,100 | 11/24 | 0.15 mi | Worcester Road, Great Witley, WORCESTER | 2 | Flat | |
£2,500 | 11/24 | 1.13 mi | Near Great Witley | 5 | Detached House | |
£2,000 | 11/24 | 1.49 mi | New Haseland Farm, Abberley, Worcester | 4 | Flat | |
£850 | 11/24 | 1.51 mi | Hillhampton, Great Witley | 1 | Flat | |
£895 | 11/24 | 2.43 mi | Hillside, Martley | 2 | Flat |
Local Area Statistics
Population in WR6 | 12,21412,214 |
Population in Worcester | 142,140142,140 |
Town centre distance | 9.48 miles away9.48 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 6.70 miles away6.70 miles away |
| |
Rental growth (12m) | +35%+35% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +38%+38% |
Property History
Listed for £500,000
September 26, 2024
Sold for £295,000
2004
Floor Plans

Description
- The home benefits from six generously sized bedrooms with two bedrooms benefitting from their own luxurious en suite. +
- This property boasts over 3000 sq ft of living space. +
- An idyllic patio and garden area perfect for year-round enjoyment. +
- Private gated and gravelled driveway providing ample off road parking space for multiple vehicles. +
- Positioned in the sought after village of Great Witley benefitting from local amenities and great transport links to Worcester and Tenbury. +
“A wonderful period property boasting generous living space and limitless potential to transform into a remarkable family home, rich in charm and timeless character...”
The entrance hall
Upon entering through the front door, you are greeted by a porch leading into a grand entrance hall that provides direct access to all the downstairs living areas. At the rear, a curved staircase ascends to the first and second floors, adding character to the space. This expansive hallway also features a convenient cloakroom, a downstairs WC and ample room for additional seating, showcasing the versatility and grandeur of this entrance.
The kitchen
The kitchen is a generously sized and inviting space, offering direct access to the garden and patio. It features a Rangemaster cooker and hob, ample cabinetry and countertop space, along with a chrome sink basin, making it a practical space. As a kitchen diner, it provides plenty of room for an additional dining table, perfect for casual family meals or entertaining. A separate storage area adds further convenience, making this kitchen a functional hub of the home.
The dining room
The dining room offers an ideal setting for family dinners or entertaining guests. The space is bathed in natural light from its dual-aspect windows, while a striking statement fireplace set within a marble mantelpiece serves as the room’s focal point. Period cornicing further enhances the character and charm of this elegant period property, adding to the room’s timeless appeal.
The sitting room
Adjacent to the dining room, the sitting room is a cosy and inviting space, ideal for relaxing by the wood burner or entertaining guests. Featuring an exposed brick fireplace, wooden beamed ceiling, and a large sash window that fills the room with natural light, it exudes warmth and charm. A side door also offers convenient access to the garden and driveway.
The study
Completing the downstairs reception rooms is a versatile space, currently serving as a study. Bathed in natural light from a charming bay window, this room offers endless potential to be transformed into a snug, playroom or remain as a study, adaptable to suit any homeowner’s needs.
The principal bedroom
Situated on the first floor, the principal bedroom is a wonderful retreat that exudes tranquillity and timeless charm. Four large windows flood the space with natural light, highlighting the beautiful exposed wooden beams. A versatile cupboard offers ample storage and could easily be transformed into a built-in wardrobe, further enhancing the room’s functionality and appeal.
Bedroom two & en suite
Bedroom two is another well-appointed double bedroom on the first floor, which features its own stylish en suite all overlooking the front of the property. The en suite features a shower cubicle, a WC and a washbasin, creating a private and relaxing double bedroom.
The landing & bedroom three
The first-floor landing grants access to a well-appointed third double bedroom, which enjoys the added convenience of its own en suite. Overlooking the front of the property, this bedroom offers a peaceful retreat, while the en suite features a bath, WC, and washbasin for ultimate comfort. The landing also leads to a staircase ascending to the second floor, where two additional bedrooms and a generously sized family bathroom can be found.
Bedroom four
Bedroom four is a spacious and versatile room currently accommodating three single beds. Dual-aspect windows fill the space with abundant natural light while offering delightful views of the garden, making this a bright and inviting retreat.
The bathroom
The spacious family bathroom is conveniently located along the first floor landing, offering easy access from all bedrooms. It features a walk-in shower cubicle, a freestanding rolltop bath with a shower head, a WC and a washbasin, combining practicality with sophistication to create a spacious and well-appointed bathroom.
Bedroom five
Bedroom five is another generously sized room offering picturesque views of the surrounding countryside. The space is enhanced by exposed wooden beams, a feature fireplace and ample room to comfortably accommodate a double bed, creating a warm and inviting space.
Bedroom six
Completing the second-floor accommodation is bedroom six another double bedroom. This spacious accommodation commands stunning views over Walsgrove Hill, an abundance of space, as well as a large window brightening the bedroom.
Second floor bathroom
The second-floor bathroom is a well-appointed and conveniently located space, nestled between bedrooms four and five. It features a bath, shower cubicle, WC and washbasin, along with a practical built-in cupboard for additional storage, offering both comfort and functionality.
The garden
The garden is a tranquil, private oasis, featuring a spacious patio perfect for alfresco dining, along with a generously sized lawn to enjoy year-round. Enclosed by mature trees, shrubs and flower beds, it offers a beautifully landscaped setting that provides both privacy and a wonderful outdoor space for entertaining family and friends.
The Laurels is ideally situated in a prominent position in the heart of Great Witley, a sought-after village known for its rich amenities and community feel. The village offers a range of conveniences, including the well-regarded Great Witley CofE Primary School, a post office and general store, a garage with an Asda, a doctors’ surgery, an active village hall and the stunning Baroque Church at Witley Court.
For education, the property falls within the catchment area of the highly sought-after Chantry Senior School in nearby Martley. Just a short drive away is the luxurious Elms Hotel and Spa, and the nearby village of Abberley boasts the popular Manor Arms pub. For more comprehensive amenities, the towns of Kidderminster, Stourport and Bewdley in the Wyre Forest area are easily accessible. The historic cathedral city of Worcester, with its extensive shopping, dining and cultural attractions, is located just 10 miles away.
This property benefits from oil fired heating, mains electricity, water, drainage, broadband and a security alarm system.
Council tax band F
Reservation Fee - refundable on exchange
A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.
The fee will be retained by Andrew Grant in the event that you the buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:
1. Any significant material issues highlighted in a survey that were not evident or drawn to the attention of you the buyer prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.
The reservation fee will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over. This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and completion of an assessment of the buyer’s financial status and ability to proceed.
Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and/or the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property.
Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.