2 Bed Terraced House, Planning Permission, Worcester, WR3 8AW, £250,000

Gregory's Mill Street, WR3 8AW - 2 views - 5 months ago

Sold STC
Planning
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£135K - £775K
Sold Prices/m²£1.6K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£181,883

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£650 - £2,167

Rent Estimate

£761

Running Costs/mo

£953

Cashflow/mo

£-192

Cashflow/yr

£-2,309

Gross Yield

4%

Local Sold Prices

50 sold prices from £135K to £775K, average is £201K. £1.6K/m² to £4.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£165.5K10/200.03 mi46, Bromsgrove Street, Worcester, Worcestershire WR3 8AR2
£195.3K02/230.04 mi14, New Bank Street, Worcester, Worcestershire WR3 8AN2
£135K07/210.04 mi24, New Bank Street, Worcester, Worcestershire WR3 8AN2
£278.5K10/220.04 mi27, New Bank Street, Worcester, Worcestershire WR3 8AN2
£200K04/210.04 mi1a, New Bank Street, Worcester, Worcestershire WR3 8AN2
£270.5K06/210.04 mi6, New Bank Street, Worcester, Worcestershire WR3 8AN2
£215.5K09/220.05 mi12, Bromsgrove Street, Worcester, Worcestershire WR3 8AR2
£205K11/200.05 mi32, Melbourne Street, Worcester, Worcestershire WR3 8AX2
£192K01/210.05 mi38, Melbourne Street, Worcester, Worcestershire WR3 8AX2
£200K10/200.06 mi34, Wakeman Street, Worcester, Worcestershire WR3 8BQ2
£200K04/210.08 mi23, Wakeman Street, Worcester, Worcestershire WR3 8BQ2
£775K08/230.09 mi6, Droitwich Road, Worcester, Worcestershire WR3 7LJ2
£221.5K09/230.1 mi25, Sydney Street, Worcester, Worcestershire WR3 8BG2
£146.8K01/210.11 mi3, Turrall Street, Worcester, Worcestershire WR3 8AJ2
£180K12/230.13 mi7, Adelaide Close, Worcester, Worcestershire WR3 8BD2
£179K10/200.13 mi66, Crown Street, Worcester, Worcestershire WR3 8BJ2
£235K10/230.13 mi78, Crown Street, Worcester, Worcestershire WR3 8BJ2
£190K06/210.14 mi5a, Alma Street, Worcester, Worcestershire WR3 8BW2
£172K12/200.14 mi5, Alma Street, Worcester, Worcestershire WR3 8BW2
£250K09/230.15 mi16, Summer Street, Worcester, Worcestershire WR3 8BL2
£182K07/210.17 mi20, St Georges Walk, Worcester, Worcestershire WR1 1QY2
£190K06/230.17 mi20, St Georges Walk, Worcester, Worcestershire WR1 1QY2
£205.5K03/210.18 mi15, Blanquettes Street, Worcester, Worcestershire WR3 8BN2
£190K05/230.18 mi29, Hardy Court, Worcester, Worcestershire WR3 8AT2
£156K03/230.19 mi18, Henry Street, Worcester, Worcestershire WR1 1RB2
£181K08/230.19 mi13, Henry Street, Worcester, Worcestershire WR1 1RB2
£218K04/210.2 mi1, Ivy Street, Worcester, Worcestershire WR3 7AB2
£183K05/230.21 mi9, Belmont Walk, Worcester, Worcestershire WR3 7HY2
£192K11/220.21 mi4, Belmont Walk, Worcester, Worcestershire WR3 7HY2
£200K12/220.23 mi33, St Georges Lane North, Worcester, Worcestershire WR1 1RD2
£253K10/200.23 mi18, Lavender Road, Worcester, Worcestershire WR3 7AE2
£257K12/200.23 mi30, Lavender Road, Worcester, Worcestershire WR3 7AE2
£250K07/230.23 mi21, Victoria Street, Worcester, Worcestershire WR3 7BE2
£177.5K08/210.24 mi41, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£196K11/210.24 mi39, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£140K02/210.24 mi21, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£188.5K07/210.24 mi29, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£165K11/200.24 mi15, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£262K05/230.24 mi27, Barbourne Lane, Worcester, Worcestershire WR1 3ET2
£240K03/210.24 mi35, Barbourne Lane, Worcester, Worcestershire WR1 3ET2
£210K10/220.24 mi13, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£202K02/230.24 mi26, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£217K08/210.24 mi2, Victoria Street, Worcester, Worcestershire WR3 7BD2
£305K01/240.27 mi78, Flag Meadow Walk, Worcester, Worcestershire WR1 1QU2
£240K08/210.28 mi1, Shrubbery Road, Worcester, Worcestershire WR1 1QR2
£280K05/230.29 mi34, Shrubbery Road, Worcester, Worcestershire WR1 1QR2
£235K04/210.29 mi17, Shrubbery Road, Worcester, Worcestershire WR1 1QR2
£292K02/230.3 mi27, Northwick Road, Worcester, Worcestershire WR3 7DS2
£219K01/210.3 mi12, Sabrina Avenue, Worcester, Worcestershire WR3 7BB2
£263K02/230.3 mi29, Northwick Road, Worcester, Worcestershire WR3 7DS2

Local Rents

23 rents from £650/mo to £2.2K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£95002/250.06 mi-2
£95001/250.1 mi-2
£1,00011/240.19 miThe Lane, WORCESTER2
£79511/240.22 miBarbourne Road, Worcester, Worcestershire, WR12
£90007/240.23 mi-2
£89511/240.24 miPerdiswell Street, Worcester, WR32
£90011/240.25 miKiln Crescent, Worcester, Worcestershire, WR32
£97511/240.27 miGregorys Bank, Barbourne, Worcester, WR32
£90011/240.27 miSt. Georges Lane South, Barbourne, Worcester, WR12
£85011/240.33 miBarbourne Works, Northwick Avenue, Worcester, WR32
£82011/240.36 mi-2
£89511/240.37 miOld Baskerville, Barbourne Road, Worcester2
£75011/240.39 miFlat 7, Old Baskerville, Barbourne Road, Worcester, Worcestershire, WR1 1RU2
£85011/240.41 miThorneloe Place, Thorneloe Walk, Worcester, Worcestershire, WR12
£85011/240.42 miBarbourne Road, Worcester, WR12
£85011/240.42 mi-2
£86011/240.46 mi-2
£87507/240.54 mi-2
£82511/240.57 miChestnut Street, Arboretum, Worcester, WR12
£65002/240.59 mi-2
£2,16710/240.62 mi-2
£85007/230.62 mi-2
£92509/240.62 mi-2

Local Area Statistics

Population in WR3

20,397

Population in Worcester

142,140

Town centre distance

1.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.89 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £250,000

November 12, 2024

Sold for £250,500

2022

Sold for £175,000

2019

Floor Plans

Description

  • TRADITIONAL END OF TERRACE HOME +
  • POPULAR AREA CLOSE TO WORCESTER CITY +
  • LIVING ROOM, RE-FITTED KITCHEN AND CELLAR +
  • FIRST FLOOR WITH TWO BEDROOMS AND RE-FITTED SHOWER ROOM +
  • LOFT ROOM CURRENTLY USED AS A DOUBLE BEDROOM +
  • REAR GARDEN +
  • TWO PARKING SPACES +
  • EPC RATING - D +

This well presented property is situated in a popular location within WR3 and has been much improved by the current owner. The property in brief comprises of living room, re-fitted kitchen breakfast room with door to the rear garden and cellar. To the first floor there is a master bedroom, bedroom two and re-fitted shower room, there is a loft room which is currently used as a double bedroom. There is a good size rear garden with open summer house, a parking space to the front and one to the rear. This property must be viewed.

Room Measurements can be found on the floorplan

Area: Gregory's Mill Street is in a much sought after and quite location within striking distance of Worcester City Centre. The property is situated very close to Gheluvelt Park, river and canal walks, has good access to the City Centre, Droitwich and motorway links. Close by are a range of shops and takeaway restaurants.

Tenure - FREEHOLD

Council Tax band - B

EPC - D

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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