3 Bed Terraced House, Single Let, Worcester, WR5 1LE, £200,000

1 Solent Road, Worcestershire, WR5 1LE - 3 views - 4 months ago

Sold STC

BTL

ROI: 4%

85 m²

+7 photos

ValuationFair Value

Sold Prices	£123K - £302K
Sold Prices/m²	£1K/m² - £4.1K/m²

Square Metres	85 m²
Price/m²	£2.4K/m²
Value Estimate	£203,841£203,841

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	£950 - £1,450£950 - £1,450
Rent Estimate	£1,019
Running Costs/mo	£849£849
Cashflow/mo	£170£170
Cashflow/yr	£2,042£2,042
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £123K to £302K, average is £205K. £1K/m² to £4.1K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£185K	10/21	0.04 mi	11, Trent Road, Worcester, Worcestershire WR5 1LA	£2,284	81	3	Semi-Detached House
£152K	04/21	0.04 mi	2, Solent Road, Worcester, Worcestershire WR5 1LD	£1,974	77	3	Semi-Detached House
£210K	08/23	0.06 mi	11, Solent Road, Worcester, Worcestershire WR5 1LG	-	-	3	Semi-Detached House
£245K	05/23	0.07 mi	46, Newtown Road, Worcester, Worcestershire WR5 1HJ	-	-	3	Semi-Detached House
£250K	06/23	0.11 mi	68, Humber Road, Worcester, Worcestershire WR5 1LH	£1,880	133	3	Semi-Detached House
£218K	02/24	0.11 mi	17, Humber Road, Worcester, Worcestershire WR5 1LY	£2,271	96	3	Semi-Detached House
£285K	08/23	0.13 mi	71, Newtown Road, Worcester, Worcestershire WR5 1HH	£4,130	69	3	Semi-Detached House
£206K	11/23	0.14 mi	102, Newtown Road, Worcester, Worcestershire WR5 1JL	£3,075	67	3	Terraced House
£172K	03/23	0.14 mi	18, Mersey Road, Worcester, Worcestershire WR5 1LR	-	-	3	Semi-Detached House
£235K	01/23	0.18 mi	3, Windrush Close, Worcester, Worcestershire WR5 1JZ	£3,092	76	3	Semi-Detached House
£212K	11/21	0.19 mi	4, Peterborough Close, Worcester, Worcestershire WR5 1PW	£3,118	68	3	Semi-Detached House
£248K	10/23	0.19 mi	26, Peterborough Close, Worcester, Worcestershire WR5 1PW	£2,583	96	3	Semi-Detached House
£185K	05/23	0.2 mi	30, Wolsey Close, Worcester, Worcestershire WR4 9ES	-	-	3	Semi-Detached House
£215K	06/21	0.2 mi	8, Wolsey Close, Worcester, Worcestershire WR4 9ES	£3,246	66	3	Semi-Detached House
£198K	09/21	0.2 mi	13, Wolsey Close, Worcester, Worcestershire WR4 9ES	£2,386	83	3	Semi-Detached House
£250K	10/23	0.2 mi	9, Wolsey Close, Worcester, Worcestershire WR4 9ES	£2,941	85	3	Semi-Detached House
£245K	09/23	0.2 mi	7, Wolsey Close, Worcester, Worcestershire WR4 9ES	£3,101	79	3	Semi-Detached House
£186K	03/21	0.22 mi	31, Canterbury Road, Worcester, Worcestershire WR5 1NU	-	-	3	Semi-Detached House
£260K	04/24	0.22 mi	114, Medway Road, Ronkswood, Worcester, Worcestershire WR5 1LN	-	-	3	Semi-Detached House
£180K	06/23	0.23 mi	23c, Avon Road, Worcester, Worcestershire WR4 9AF	-	-	3	Semi-Detached House
£140K	06/21	0.24 mi	35b, Teme Road, Worcester, Worcestershire WR4 9AW	£1,806	78	3	Semi-Detached House
£208K	05/21	0.24 mi	1, Helford Close, Worcester, Worcestershire WR5 1NB	£2,364	88	3	Semi-Detached House
£240K	01/23	0.24 mi	11, Helford Close, Worcester, Worcestershire WR5 1NB	£3,288	73	3	Semi-Detached House
£227.5K	05/21	0.24 mi	31, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH	£1,625	140	3	Semi-Detached House
£240K	12/23	0.26 mi	40, Norwich Road, Worcester, Worcestershire WR5 1NX	£2,526	95	3	Semi-Detached House
£160K	11/23	0.26 mi	200, Medway Road, Ronkswood, Worcester, Worcestershire WR5 1LL	-	-	3	Semi-Detached House
£202K	06/21	0.27 mi	98, Canterbury Road, Worcester, Worcestershire WR5 1PL	-	-	3	Semi-Detached House
£152K	01/21	0.27 mi	101, Avon Road, Worcester, Worcestershire WR4 9AQ	£1,788	85	3	Semi-Detached House
£160K	04/21	0.27 mi	99, Avon Road, Worcester, Worcestershire WR4 9AQ	£1,739	92	3	Semi-Detached House
£205K	12/20	0.27 mi	12, Merton Close, Worcester, Worcestershire WR4 9QF	£2,330	88	3	Semi-Detached House
£155K	08/21	0.28 mi	45, Norwich Road, Worcester, Worcestershire WR5 1NY	£1,396	111	3	Semi-Detached House
£235K	07/24	0.28 mi	16, Tweed Close, Worcester, Worcestershire WR5 1SD	£4,052	58	3	Semi-Detached House
£123K	04/21	0.29 mi	1, Canterbury Road, Worcester, Worcestershire WR5 1NG	£1,352	91	3	Semi-Detached House
£235K	11/22	0.3 mi	2, Keble Close, Worcester, Worcestershire WR4 9QE	£2,938	80	3	Terraced House
£205K	09/23	0.3 mi	14, Keble Close, Worcester, Worcestershire WR4 9QE	£2,595	79	3	Terraced House
£182K	05/21	0.3 mi	17, Keble Close, Worcester, Worcestershire WR4 9QE	£2,416	75	3	Terraced House
£165K	07/21	0.3 mi	169, Tolladine Road, Worcester, Worcestershire WR4 9QH	-	-	3	Semi-Detached House
£300K	07/23	0.32 mi	16, Tyne Close, Worcester, Worcestershire WR5 1SE	£3,764	80	3	Semi-Detached House
£302K	12/23	0.35 mi	60, Popert Drive, Worcester, Worcestershire WR5 1SY	£3,471	87	3	Semi-Detached House
£233K	01/21	0.35 mi	86, Popert Drive, Worcester, Worcestershire WR5 1SY	£3,026	77	3	Semi-Detached House
£235K	03/23	0.35 mi	132, Medway Road, Ronkswood, Worcester, Worcestershire WR5 1NA	£3,364	70	3	Semi-Detached House
£183K	01/21	0.36 mi	121, Canterbury Road, Worcester, Worcestershire WR5 1PD	£1,947	94	3	Semi-Detached House
£196.5K	03/21	0.37 mi	14, Liverpool Road, Worcester, Worcestershire WR5 1QW	£2,367	83	3	Semi-Detached House
£143K	10/20	0.37 mi	172, Canterbury Road, Worcester, Worcestershire WR5 1PH	£1,744	82	3	Semi-Detached House
£187.5K	01/21	0.38 mi	15, Oriel Close, Worcester, Worcestershire WR4 9QD	£2,568	73	3	Semi-Detached House
£125K	05/21	0.38 mi	133, Liverpool Road, Worcester, Worcestershire WR5 1QJ	£1,116	112	3	Semi-Detached House
£205K	07/21	0.39 mi	152, Holly Mount Road, Worcester, Worcestershire WR4 9SJ	£2,356	87	3	Semi-Detached House
£135K	11/20	0.39 mi	159, Canterbury Road, Worcester, Worcestershire WR5 1PF	£1,023	132	3	Semi-Detached House
£175.5K	01/21	0.4 mi	123, Rose Avenue, Worcester, Worcestershire WR4 9QN	£2,411	73	3	Semi-Detached House
£157.5K	12/20	0.4 mi	29, Portefields Road, Worcester, Worcestershire WR4 9RE	£2,128	74	3	Semi-Detached House

Local Rents

15 rents from £950/mo to £1.4K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,250	11/24	0.03 mi	-	3	Semi-Detached House
£1,250	06/24	0.03 mi	-	3	Semi-Detached House
£1,400	11/24	0.18 mi	-	3	Semi-Detached House
£1,350	02/25	0.2 mi	-	3	Semi-Detached House
£1,350	11/24	0.27 mi	-	3	Semi-Detached House
£1,000	02/24	0.28 mi	-	3	Semi-Detached House
£1,200	03/25	0.33 mi	-	3	Semi-Detached House
£1,200	02/25	0.35 mi	-	3	Semi-Detached House
£950	11/24	0.42 mi	Lilac Avenue, WORCESTER	3	Detached House
£1,450	12/24	0.43 mi	-	3	Detached House
£1,350	04/24	0.44 mi	-	3	Semi-Detached House
£1,050	11/24	0.57 mi	Apartment 6, Autumn Terrace, Worcester	3	Flat
£1,050	10/24	0.6 mi	-	3	Bungalow
£1,325	08/24	0.61 mi	-	3	Semi-Detached House
£1,400	03/25	0.62 mi	-	3	Semi-Detached House

Local Area Statistics

Population in WR5	30,93330,933
Population in Worcester	142,140142,140
Town centre distance	0.81 miles away0.81 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.48 miles away0.48 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+32%+32%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+18%+18%

Property History

Listed for £200,000

November 26, 2024

Sold for £145,000

2007

Sold for £127,500

2005

Floor Plans

Description

Mid-terrace home +
Three bedrooms +
Good access to City Centre, Worcestershire Royal Hospital and Worcester Shrub Hill Train Station +
Low maintenance garden to rear +

Positioned offering good access to Worcestershire Royal Hospital, Worcester Shrub Hill and the City Centre is this three bedroom mid-terrace home. The property comprises entrance hall, spacious sitting room and kitchen with three bedrooms and family bathroom to the first floor. The property further benefits from front and rear gardens.

Agent Details

Hills Estate Agents, Worcester

01905 975042

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationFair Value

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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