2 Bed Bungalow, Cash/Bridging Only, Worcester, WR2 6QS, £220,000





ValuationUndervalued
Sold Prices | £118.7K - £370K |
Sold Prices/m² | £2.9K/m² - £7.1K/m² |
| |
Square Metres | 61 m² |
Price/m² | £3.6K/m² |
Value Estimate | £226,290£226,290 |
BMV | 3% |
| |
End Value (After Refurb) | £220,328£220,328 |
Uplift in Value | +0%+0% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £55,000£55,000 |
Stamp Duty & Legal Fees | £7,800£7,800 |
Refurb Costs | £24,113£24,113 |
Bridging Loan Interest | £5,775£5,775 |
Total Cash In | £94,438£94,438 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £220,328£220,328 |
Mortgage (After Refinance) | £165,246£165,246 |
Mortgage LTV | 75%75% |
Cash Released | £246£246 |
Cash Left In | £94,192£94,192 |
Equity | £55,082£55,082 |
Rent Range | £450 - £3,000£450 - £3,000 |
Rent Estimate | £1,153 |
Running Costs/mo | £939£939 |
Cashflow/mo | £214£214 |
Cashflow/yr | £2,566£2,566 |
ROI | 3%3% |
Gross Yield | 6%6% |
Local Sold Prices
33 sold prices from £118.7K to £370K, average is £245K. £2.9K/m² to £7.1K/m², average is £3.8K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£225K | 05/21 | 0.03 mi | 25, Peachley Gardens, Lower Broadheath, Worcester, Worcestershire WR2 6QS | £3,918 | 57 | 2 | Semi-Detached House | |
£265K | 10/23 | 0.03 mi | 9, Peachley Gardens, Lower Broadheath, Worcester, Worcestershire WR2 6QS | - | - | 2 | Semi-Detached House | |
£265K | 08/23 | 0.1 mi | 34, Peachley Lane, Lower Broadheath, Worcester, Worcestershire WR2 6QR | - | - | 2 | Detached House | |
£192K | 03/21 | 0.19 mi | 57, Jacomb Road, Lower Broadheath, Worcester, Worcestershire WR2 6QW | £3,765 | 51 | 2 | Semi-Detached House | |
£252.5K | 01/23 | 0.23 mi | 26, Jacomb Close, Lower Broadheath, Worcester, Worcestershire WR2 6SQ | £4,591 | 55 | 2 | Semi-Detached House | |
£242K | 12/20 | 0.23 mi | 3, Crown Close, Lower Broadheath, Worcester, Worcestershire WR2 6RB | £3,612 | 67 | 2 | Detached House | |
£220K | 06/23 | 0.26 mi | 3, Green Lane, Lower Broadheath, Worcester, Worcestershire WR2 6QH | £3,793 | 58 | 2 | Semi-Detached House | |
£118.7K | 11/20 | 1.29 mi | 2, Greenhill Cottages, Hallow, Worcester, Worcestershire WR2 6LH | - | - | 2 | Terraced House | |
£204K | 12/20 | 1.29 mi | 1, Greenhill Cottages, Hallow, Worcester, Worcestershire WR2 6LH | - | - | 2 | Semi-Detached House | |
£230K | 03/21 | 1.41 mi | 29, Bramley Avenue, Worcester, Worcestershire WR2 6DQ | - | - | 2 | Detached House | |
£220K | 03/23 | 1.52 mi | 16, Ribston Close, Worcester, Worcestershire WR2 6EH | £3,607 | 61 | 2 | Semi-Detached House | |
£257K | 06/21 | 1.52 mi | 25, Beaconhill Drive, Worcester, Worcestershire WR2 6DR | £4,079 | 63 | 2 | Detached House | |
£215K | 05/21 | 1.63 mi | 3, Bracken Close, Worcester, Worcestershire WR2 6HN | - | - | 2 | Semi-Detached House | |
£256K | 07/21 | 1.64 mi | 16, The Spinney, Worcester, Worcestershire WR2 6HL | £4,414 | 58 | 2 | Detached House | |
£275K | 12/23 | 1.64 mi | 10, The Spinney, Worcester, Worcestershire WR2 6HL | £4,935 | 56 | 2 | Semi-Detached House | |
£225.3K | 03/23 | 1.66 mi | 21a, Hawkwood Crescent, Worcester, Worcestershire WR2 6BN | £3,575 | 63 | 2 | Terraced House | |
£250K | 06/21 | 1.69 mi | 207, Oldbury Road, Worcester, Worcestershire WR2 6JJ | £2,976 | 84 | 2 | Detached House | |
£160K | 09/21 | 1.72 mi | 60, Tudor Way, Worcester, Worcestershire WR2 5QU | £2,963 | 54 | 2 | Terraced House | |
£245K | 09/21 | 1.73 mi | 4, Martley Road, Worcester, Worcestershire WR2 6HG | £3,952 | 62 | 2 | Detached House | |
£195K | 04/21 | 1.77 mi | 15, Newbury Road, Worcester, Worcestershire WR2 5JF | £2,979 | 65 | 2 | Semi-Detached House | |
£370K | 06/23 | 1.83 mi | 39, Old Northwick Lane, Worcester, Worcestershire WR3 7NE | £4,568 | 81 | 2 | Detached House | |
£325K | 07/23 | 1.85 mi | 9, Emerald Road, Worcester, Worcestershire WR2 5QB | £5,159 | 63 | 2 | Detached House | |
£210K | 12/20 | 1.85 mi | 9, Emerald Road, Worcester, Worcestershire WR2 5QB | £3,333 | 63 | 2 | Terraced House | |
£350K | 02/24 | 1.89 mi | 2, Zermatt Close, Worcester, Worcestershire WR3 7NQ | £7,143 | 49 | 2 | Bungalow | |
£290K | 02/21 | 1.89 mi | 2, Zermatt Close, Worcester, Worcestershire WR3 7NQ | - | - | 2 | Detached House | |
£260K | 11/23 | 1.93 mi | 43, Sapphire Crescent, Worcester, Worcestershire WR2 5PT | £3,023 | 86 | 2 | Semi-Detached House | |
£360K | 07/22 | 1.94 mi | 40, Waterworks Road, Worcester, Worcestershire WR1 3EZ | - | - | 2 | Semi-Detached House | |
£325K | 07/23 | 1.95 mi | 42, Waterworks Road, Worcester, Worcestershire WR1 3EZ | £3,571 | 91 | 2 | Semi-Detached House | |
£230K | 06/21 | 1.96 mi | 177, Penhill Crescent, Worcester, Worcestershire WR2 5PZ | £3,710 | 62 | 2 | Semi-Detached House | |
£240K | 04/21 | 1.96 mi | 175, Penhill Crescent, Worcester, Worcestershire WR2 5PZ | £3,871 | 62 | 2 | Detached House | |
£262K | 08/23 | 1.96 mi | 128, Penhill Crescent, Worcester, Worcestershire WR2 5PZ | £2,879 | 91 | 2 | Semi-Detached House | |
£310K | 12/23 | 2 mi | 13, Hillcrest Rise, Worcester, Worcestershire WR3 7QY | - | - | 2 | Detached House | |
£220K | 07/21 | 2 mi | 13, Hillcrest Rise, Worcester, Worcestershire WR3 7QY | - | - | 2 | Detached House |
Local Rents
50 rents from £450/mo to £3K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£2,250 | 11/24 | 0.07 mi | Church Lane, Lower Broadheath, Worcester, Worcestershire, WR2 | 4 | Detached House | |
£850 | 11/24 | 0.15 mi | Jacomb Road, Lower Broadheath, WR2 | 2 | Detached House | |
£2,250 | 11/24 | 0.49 mi | Bell Lane, Broadheath, Worcester | 4 | Detached House | |
£2,450 | 03/25 | 1 mi | - | 3 | Semi-Detached House | |
£1,395 | 02/25 | 1.15 mi | - | 3 | Semi-Detached House | |
£2,250 | 11/24 | 1.18 mi | - | 3 | Semi-Detached House | |
£850 | 11/23 | 1.29 mi | - | 2 | Terraced House | |
£900 | 12/24 | 1.29 mi | - | 2 | Terraced House | |
£2,200 | 11/24 | 1.33 mi | Moseley Road, Hallow, Worcester, Worcestershire, WR2 | 4 | Detached House | |
£950 | 11/24 | 1.38 mi | **LET AGREED** Hallow, WR2 | 2 | Flat | |
£895 | 02/25 | 1.43 mi | - | 1 | Terraced House | |
£2,200 | 11/24 | 1.48 mi | 1 Greenhill Farm Barns, Hallow, Worcester | 3 | Flat | |
£1,250 | 11/24 | 1.49 mi | Ribston Close, St. Johns, Worcester, WR2 | 3 | Flat | |
£1,125 | 11/24 | 1.61 mi | Monarch Drive, Worcester, WR2 | 3 | Detached House | |
£995 | 09/24 | 1.63 mi | - | 2 | Terraced House | |
£1,100 | 11/24 | 1.64 mi | Hawkwood Crescent, St Johns, Worcester, WR2 | 3 | Detached House | |
£1,000 | 11/24 | 1.7 mi | - | 3 | Semi-Detached House | |
£450 | 11/24 | 1.73 mi | Himbleton Road, St Johns, Worcester, WR2 | 1 | Detached House | |
£1,050 | 11/24 | 1.87 mi | 3 Thorngrove Mews, Sinton Green, Hallow, Worcs. WR2 6NP | 2 | Flat | |
£1,250 | 11/24 | 1.88 mi | Oldbury Road, WORCESTER | 4 | Flat | |
£850 | 11/24 | 1.9 mi | Henwick Road, WORCESTER | 2 | Terraced House | |
£1,400 | 11/24 | 2.02 mi | Henwick Road, Worcester, WR2 | 4 | Detached House | |
£1,350 | 11/24 | 2.03 mi | Woodstock Road, Worcester, Worcestershire | 3 | Flat | |
£3,000 | 04/25 | 2.04 mi | - | 3 | Semi-Detached House | |
£1,750 | 11/24 | 2.06 mi | Broadwas-On-Teme, Worcestershire, WR6 | 3 | Flat | |
£1,200 | 12/24 | 2.08 mi | - | 3 | Terraced House | |
£850 | 11/24 | 2.09 mi | Barbourne Works, Northwick Avenue, Worcester, WR3 | 2 | Flat | |
£995 | 11/24 | 2.14 mi | - | 3 | Semi-Detached House | |
£1,250 | 11/24 | 2.17 mi | Barbourne Lane, Worcester | 3 | Detached House | |
£1,100 | 11/24 | 2.2 mi | Somers Road, Barbourne, Worcester, WR1 | 3 | Detached House | |
£750 | 11/24 | 2.21 mi | Tredennyke House, Barbourne Terrace | 1 | Flat | |
£1,900 | 12/24 | 2.21 mi | - | 4 | Terraced House | |
£860 | 11/24 | 2.22 mi | - | 2 | Flat | |
£550 | 11/24 | 2.22 mi | Ombersley Road, Barbourne, Worcester, WR3 | 1 | Flat | |
£625 | 11/24 | 2.24 mi | *LET AGREED*Barbourne, WR1 | 1 | Flat | |
£550 | 10/24 | 2.26 mi | - | 1 | Flat | |
£550 | 04/25 | 2.26 mi | - | 1 | Flat | |
£625 | 04/25 | 2.26 mi | - | 1 | Flat | |
£1,125 | 11/24 | 2.26 mi | Chalfont Close, Northwick, Worcester, WR3 | 3 | Terraced House | |
£795 | 11/24 | 2.27 mi | Barbourne Road, Worcester, Worcestershire, WR1 | 2 | Flat | |
£1,800 | 11/24 | 2.29 mi | Mere Close, Rushwick, Worcester, WR2 | 4 | Detached House | |
£895 | 11/24 | 2.29 mi | Perdiswell Street, Worcester, WR3 | 2 | Terraced House | |
£1,195 | 11/24 | 2.31 mi | Sentinel Close, Worcester WR2 | 3 | Detached House | |
£825 | 10/24 | 2.31 mi | - | 1 | Flat | |
£875 | 11/24 | 2.31 mi | - | 1 | Flat | |
£1,300 | 11/24 | 2.31 mi | Gregorys Mill Street, Worcester, Worcestershire, WR3 | 3 | Detached House | |
£1,500 | 02/25 | 2.32 mi | - | 3 | Semi-Detached House | |
£1,050 | 03/25 | 2.34 mi | - | 3 | Terraced House | |
£1,749 | 04/25 | 2.34 mi | - | 4 | Terraced House | |
£850 | 11/24 | 2.34 mi | Thorneloe Place, Thorneloe Walk, Worcester, Worcestershire, WR1 | 2 | Flat |
Local Area Statistics
Population in WR2 | 29,79929,799 |
Population in Worcester | 142,140142,140 |
Town centre distance | 3.21 miles away3.21 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 2.77 miles away2.77 miles away |
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Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -23%-23% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +19%+19% |
Property History
Listed for £220,000
November 22, 2024
Sold for £240,000
2012
Sold for £260,000
2010
Floor Plans

Description
- Charming bungalow in Lower Broadheath village +
- Two bedrooms including dual aspect windows +
- Generous gardens with extension potential +
- Private rear garden with raised decking +
- Driveway parking and secure garage included +
A delightful semi-detached bungalow set on a generous plot in the desirable Lower Broadheath village.
This semi-detached bungalow, located in the tranquil village of Lower Broadheath, offers a balance of spacious interiors and outdoor space. The property features a light-filled dual-aspect living room, a well-appointed Shaker-style kitchen, two generously sized bedrooms, a modern bathroom, and a versatile conservatory overlooking the garden. Externally, the property is surrounded by mature gardens and benefits from a private driveway and garage, enhancing its appeal as a practical and inviting home.
• A charming semi-detached bungalow situated in the sought-after village of Lower Broadheath.
• Two well-proportioned bedrooms, one with dual aspect windows.
• Generous front and side gardens with potential for extension (subject to necessary planning consents).
• A private rear garden featuring a raised decked area, ideal for alfresco dining and relaxation.
• Ample driveway parking for multiple vehicles and a secure garage, providing convenience and additional storage.
The kitchen
The Shaker-style kitchen features a range of wall and base units, providing ample storage and worktop space. It includes a sink with a mixer tap, extractor hood, and space for freestanding appliances such as a cooker, washing machine, and dishwasher. A window overlooks the conservatory, and a side door provides access to the lean-to.
The sitting room
At the end of the entrance hallway, the sitting room is a good sized space with French doors leading to the large conservatory to create a bright and open atmosphere.
The conservatory
The conservatory is a generous and versatile space, accessed via French doors from the second bedroom. This light-filled area offers stunning views of the garden and could serve a variety of purposes, including as an additional living or dining room, a home office, or a relaxation area. A door leads directly to the rear garden, enhancing the connection between indoor and outdoor spaces.
The primary bedroom
Positioned at the front of the property, the dual-aspect double bedroom is a spacious and light-filled area, offering flexible usage to suit the buyer’s needs. This large room accommodates a variety of furniture configurations with ease. Its generous proportions and front and side-facing windows allow for an abundance of natural light, creating a bright and inviting atmosphere.
Bedroom two
Bedroom two is a generously sized double room featuring a large front-facing window that fills the space with natural light and a practical built-in wardrobe.
The bathroom
The modern bathroom comprises a white suite, including a low-level WC, washbasin, and a bath with an overhead shower. Tiling throughout ensures a practical finish, while an obscure-glazed window provides privacy and natural light.
The garden
The private rear garden features low-maintenance gravelled areas and a raised decked section, ideal for outdoor dining. Gated side access connects the rear garden to the generous front and side gardens.
Lower Broadheath is a highly regarded village offering a blend of rural charm and accessibility. Local amenities include a village shop, post office, primary school, and welcoming pubs. The surrounding countryside provides excellent opportunities for walking and cycling, while Worcester city centre, with its shops, restaurants, and cultural attractions, is easily accessible. The M5 motorway and Worcester’s railway stations provide convenient links to Birmingham, Cheltenham, and beyond, making Lower Broadheath an attractive choice for a range of buyers.
Services to be confirmed.
Council tax band C
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.