3 Bed Terraced House, Planning Permission, Worcester, WR2 4SA, £260,000

The Drive, Colletts Green, WR2 4SA - 6 months ago

Sold STC
Planning
~93 m²
+16 photos

ValuationUndervalued

Sold Prices£133.5K - £575K
Sold Prices/m²£1.7K/m² - £6.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£281,791
BMV8%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£14,700

Total Cash In

£79,700

 

 

Cash Out

 

Rent Range

£560 - £3,500

Rent Estimate

£676

Running Costs/mo

£968

Cashflow/mo

£-292

Cashflow/yr

£-3,500

Gross Yield

3%

Local Sold Prices

50 sold prices from £133.5K to £575K, average is £285K. £1.7K/m² to £6.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£282K06/210 mi45, The Drive, Powick, Worcester, Worcestershire WR2 4SA3
£265K08/210 mi3, The Drive, Powick, Worcester, Worcestershire WR2 4SA3
£280K12/200.17 mi12, Old Malvern Road, Powick, Worcester, Worcestershire WR2 4RX3
£311K12/220.26 mi4, King Charles Avenue, Powick, Worcester, Worcestershire WR2 4QF3
£480K08/230.26 miTanglewood, Colletts Green, Powick, Worcester, Worcestershire WR2 4RQ3
£250K04/230.34 mi9, Cromwell Road, Powick, Worcester, Worcestershire WR2 4QJ3
£300K07/230.34 mi15, Essex Close, Powick, Worcester, Worcestershire WR2 4PX3
£290K09/210.35 mi20, Hospital Lane, Powick, Worcester, Worcestershire WR2 4SQ3
£230K11/200.35 mi18, Hospital Lane, Powick, Worcester, Worcestershire WR2 4SQ3
£315K06/210.36 mi4, Fleetwood Avenue, Powick, Worcester, Worcestershire WR2 4PY3
£330K11/210.5 mi86, Malvern Road, Powick, Worcester, Worcestershire WR2 4RT3
£300K06/210.58 miJasmine Cottage, Bastonford, Powick, Worcester, Worcestershire WR2 4SL3
£285K03/210.76 mi8, Old Rectory Close, Worcester, Worcestershire WR2 4QU3
£370K06/210.81 mi46, Village, Powick, Worcester, Worcestershire WR2 4QT3
£360K01/231.06 mi44, Upton Road, Callow End, Worcester, Worcestershire WR2 4TZ3
£215K10/201.35 mi35, Columbia Drive, Lower Wick, Worcester, Worcestershire WR2 4DB3
£230K09/211.35 mi24, Columbia Drive, Lower Wick, Worcester, Worcestershire WR2 4DB3
£265K01/241.36 mi8, Montreal Close, Lower Wick, Worcester, Worcestershire WR2 4DZ3
£270K12/201.37 mi108, Christine Avenue, Rushwick, Worcester, Worcestershire WR2 5SR3
£265K03/211.39 mi133, Christine Avenue, Rushwick, Worcester, Worcestershire WR2 5ST3
£323K03/211.39 mi121, Christine Avenue, Rushwick, Worcester, Worcestershire WR2 5ST3
£380K01/231.39 mi117, Christine Avenue, Rushwick, Worcester, Worcestershire WR2 5ST3
£440K11/221.39 mi135, Columbia Drive, Lower Wick, Worcester, Worcestershire WR2 4XX3
£396K01/231.41 miThe Hollies, Upton Road, Callow End, Worcester, Worcestershire WR2 4TA3
£215K06/211.42 mi10, Westmount Close, Worcester, Worcestershire WR2 4EF3
£230K03/211.42 mi10, Nixon Court, Callow End, Worcester, Worcestershire WR2 4UU3
£245K07/231.44 mi8, Weyburn Close, Worcester, Worcestershire WR2 4EA3
£240K08/231.44 mi8, Oakville Close, Lower Wick, Worcester, Worcestershire WR2 4XL3
£217.5K02/211.45 mi1, Regina Close, Lower Wick, Worcester, Worcestershire WR2 4DA3
£247K11/201.45 mi32, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4ED3
£300K11/231.47 mi5, Orchard Close, Rushwick, Worcester, Worcestershire WR2 5TH3
£233.5K05/211.47 mi14, Christine Avenue, Rushwick, Worcester, Worcestershire WR2 5SP3
£340K09/211.47 mi1, Minett Avenue, Rushwick, Worcester, Worcestershire WR2 5TQ3
£297K09/211.47 mi13, Minett Avenue, Rushwick, Worcester, Worcestershire WR2 5TQ3
£575K02/231.47 miNursery Bungalow, Upper Wick Lane, Rushwick, Worcester, Worcestershire WR2 5SN3
£260K12/221.48 mi26, Bowhill, Callow End, Worcester, Worcestershire WR2 4TN3
£301.6K04/231.5 mi7, Baradene Lane, Rushwick, Worcester, Worcestershire WR2 5TL3
£335K08/231.51 mi146, Columbia Drive, Lower Wick, Worcester, Worcestershire WR2 4XH3
£228.5K05/211.51 mi93, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4XD3
£133.5K10/231.51 mi103, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4XD3
£340K07/231.52 mi14, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4DJ3
£200K05/211.52 mi22, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4DJ3
£285K02/231.52 mi14, Edmonton Close, Worcester, Worcestershire WR2 4DQ3
£280K08/211.54 miOrchard Dene, Bransford Road, Rushwick, Worcester, Worcestershire WR2 5TA3
£360K09/231.55 mi18, Highfield, Callow End, Worcester, Worcestershire WR2 4TP3
£350K06/211.59 mi14, Alton Park, Callow End, Worcester, Worcestershire WR2 4UJ3
£330K12/201.61 mi11, Charnwood Close, Worcester, Worcestershire WR2 4NZ3
£432K06/211.61 miMeadow Rise, Beauchamp Lane, Callow End, Worcester, Worcestershire WR2 4UQ3
£260K03/221.62 mi2, Jessamine Cottage, Bransford, Worcester, Worcestershire WR6 5JB3
£222.5K06/211.62 mi10, Hudson Close, Worcester, Worcestershire WR2 4DP3

Local Rents

51 rents from £560/mo to £3.5K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,45011/240.08 miThe Drive, Powick, Worcester, WR24
£1,45002/250.26 mi-3
£2,25011/241.28 miHawthorn Lane, Newland4
£1,25006/241.48 mi-3
£1,00011/241.54 miSnowdrop Way, Rushwick2
£1,54511/241.55 miFranklin Close, Worcester4
£1,80011/241.56 miMere Close, Rushwick, Worcester, WR24
£95011/241.61 miCider Mill Close, Rushwick, Worcester, WR22
£56006/231.86 mi-2
£1,79903/251.88 mi-4
£1,19511/241.88 miSentinel Close, Worcester WR23
£89511/241.94 miCordwainers Court, Willis Place, Worcester2
£3,50002/241.96 mi-7
£3,50002/241.96 mi-7
£99511/241.96 miLeigh - Between Worcester and Malvern3
£97511/241.98 miWillis Place, WORCESTER2
£68011/242.05 miFlat 7, Cinderella Court, Watery Lane, Worcester2
£87503/252.05 mi-2
£95011/242.06 mi-3
£1,10008/242.12 mi-2
£67511/242.21 mi7 Malvern Road, Worcester, Worcestershire, WR21
£85011/242.23 miHappy Land North1
£79511/242.24 mi**New Build **One Bedroom Flat, Bromyard Road, Worcester1
£97502/242.25 mi-1
£79511/242.26 miSwanpool Walk, Worcester St. Johns, Worcester1
£99511/242.29 miBasin Road, WORCESTER2
£80011/242.29 miLockwheel House, Diglis1
£1,32511/242.3 miPrimrose Crescent, Worcester3
£1,25011/242.3 miMillwright House, Basin Road, Worcester, Worcestershire, WR5 3GR2
£92511/242.3 miYarrow Close, WORCESTER2
£99511/242.3 miBakers Mews, St Johns, Worcester St. Johns, Worcester3
£1,10011/242.3 miLockwheel House, 4 Woodhouse Close, Worcester, WR52
£1,20011/242.31 miWoodhouse Close, Worcester, Worcestershire, WR52
£1,10002/242.31 mi-4
£97502/252.32 mi-2
£85011/242.33 miBozward Street, Worcester, Worcestershire, WR22
£1,15011/242.35 miWoodhouse Close, Riverbank Court, WR52
£97502/252.36 mi-2
£97511/242.39 miBromyard Terrace, Worcester St. Johns, Worcester3
£1,45011/242.4 miCrossley Road, Worcester, Worcestershire, WR54
£92511/242.4 miApartment2
£62511/242.41 miStudio Apartments, 32-34 St. Johns, Worcester1
£85011/242.43 miLapal Close, Worcester2
£1,30011/242.45 miCrossley Road, Worcester3
£95004/252.45 mi-2
£95011/242.46 miOrchard Street, WORCESTER3
£1,15009/242.46 mi-1
£95012/242.46 mi-1
£89511/242.47 miCavalier Crescent, Worcester, Worcestershire, WR52
£1,00011/242.47 mi-3
£99511/242.48 mi-3

Local Area Statistics

Population in WR2

29,799

Population in Worcester

142,140

Town centre distance

2.94 miles away

Nearest school

0.40 miles away

Nearest train station

3.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-23%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £260,000

October 3, 2024

Floor Plans

Description

  • EXTENDED MID TERRACE HOME +
  • ENTRANCE HALL, WC AND KITCHEN BREAKFAST ROOM +
  • TWO GOOD SIZE RECEPTION ROOMS AND UTILITY SPACE +
  • THREE BEDROOMS AND FAMILY BATHROOM +
  • GOOD SIZE REAR GARDEN +
  • GARAGE AND PARKING AT THE REAR +
  • POPULAR VILLAGE LOCATION +
  • EPC RATING - C +

A great opportunity to purchase this extended home occupying a lovely position within The Drive in Colletts Green. The property, which has been recently extended by the current owners comprises of entrance hallway, WC, kitchen breakfast room, living room, further reception room, utility/boot room, three bedrooms and family bathroom. The property benefits from having a good size rear garden, garage and off road parking. Area: The Drive, Colletts Green is situated in the popular area of Powick within walking distance of Powick Primary School. Powick is ideally located for easy access to both Malvern and Worcester, and the village itself benefits from three pubs; The Crown, The Red Lion and The Three Nuns. The property is also surrounded by beautiful countryside walks. 

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

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