3 Bed Semi-Detached House, Single Let, Worcester, WR4 9QG, £185,000

Somerville Road, Worcester, WR4 9QG - 4 months ago

Sold STC
BTL
ROI: 4%
~97 m²
+11 photos

ValuationUndervalued

Sold Prices£135K - £300K
Sold Prices/m²£1.6K/m² - £4.1K/m²

 

 

Square Metres

~97.27 m²
Price/m²£1.9K/m²

Value Estimate

£229,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£11,650

Total Cash In

£57,900

 

 

Cash Out

 

Rent Range

£825 - £1,450

Rent Estimate

£994

Running Costs/mo

£797

Cashflow/mo

£197

Cashflow/yr

£2,365

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £135K to £300K, average is £205K. £1.6K/m² to £4.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£187.5K01/210.03 mi15, Oriel Close, Worcester, Worcestershire WR4 9QD3
£235K11/220.07 mi2, Keble Close, Worcester, Worcestershire WR4 9QE3
£205K09/230.07 mi14, Keble Close, Worcester, Worcestershire WR4 9QE3
£182K05/210.07 mi17, Keble Close, Worcester, Worcestershire WR4 9QE3
£227.5K05/210.14 mi31, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH3
£205K12/200.15 mi12, Merton Close, Worcester, Worcestershire WR4 9QF3
£165K07/210.2 mi169, Tolladine Road, Worcester, Worcestershire WR4 9QH3
£176K03/210.2 mi11, May Avenue, Worcester, Worcestershire WR4 9QP3
£185K05/230.25 mi30, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£215K06/210.25 mi8, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£198K09/210.25 mi13, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£250K10/230.25 mi9, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£245K09/230.25 mi7, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£285K08/230.25 mi71, Newtown Road, Worcester, Worcestershire WR5 1HH3
£160K11/230.26 mi200, Medway Road, Ronkswood, Worcester, Worcestershire WR5 1LL3
£175.5K01/210.26 mi123, Rose Avenue, Worcester, Worcestershire WR4 9QN3
£218K02/240.28 mi17, Humber Road, Worcester, Worcestershire WR5 1LY3
£197.5K12/210.28 mi97, Rose Avenue, Worcester, Worcestershire WR4 9RB3
£180K06/230.29 mi23c, Avon Road, Worcester, Worcestershire WR4 9AF3
£205K07/210.3 mi152, Holly Mount Road, Worcester, Worcestershire WR4 9SJ3
£189.3K01/210.3 mi10, Wilson Street, Worcester, Worcestershire WR3 8NH3
£172K03/230.31 mi18, Mersey Road, Worcester, Worcestershire WR5 1LR3
£245K05/230.31 mi46, Newtown Road, Worcester, Worcestershire WR5 1HJ3
£210K08/230.34 mi11, Solent Road, Worcester, Worcestershire WR5 1LG3
£208K05/210.34 mi1, Helford Close, Worcester, Worcestershire WR5 1NB3
£240K01/230.34 mi11, Helford Close, Worcester, Worcestershire WR5 1NB3
£168.3K12/210.34 mi100, Hollymount, Worcester, Worcestershire WR4 9SF3
£156K12/200.34 mi45, Hollymount, Worcester, Worcestershire WR4 9SF3
£152K04/210.34 mi2, Solent Road, Worcester, Worcestershire WR5 1LD3
£235K03/230.35 mi132, Medway Road, Ronkswood, Worcester, Worcestershire WR5 1NA3
£250K12/220.35 mi120, Holly Mount Road, Worcester, Worcestershire WR4 9SG3
£217.5K09/210.36 mi42, Tunnel Hill, Worcester, Worcestershire WR4 9SD3
£235K01/230.36 mi3, Windrush Close, Worcester, Worcestershire WR5 1JZ3
£260K04/240.36 mi114, Medway Road, Ronkswood, Worcester, Worcestershire WR5 1LN3
£152.5K05/210.37 mi10, Birch Avenue, Worcester, Worcestershire WR4 9SH3
£140K06/210.37 mi35b, Teme Road, Worcester, Worcestershire WR4 9AW3
£135K12/200.37 mi43, Tunnel Hill, Worcester, Worcestershire WR4 9RP3
£225K08/210.39 mi37, Albany Road, Worcester, Worcestershire WR3 8EY3
£189K10/210.39 mi6, Portefields Road, Worcester, Worcestershire WR4 9RE3
£157.5K12/200.39 mi29, Portefields Road, Worcester, Worcestershire WR4 9RE3
£185K10/210.41 mi11, Trent Road, Worcester, Worcestershire WR5 1LA3
£210K12/220.43 mi136, Lansdowne Road, Worcester, Worcestershire WR3 8JA3
£235K07/240.43 mi16, Tweed Close, Worcester, Worcestershire WR5 1SD3
£250K06/230.43 mi68, Humber Road, Worcester, Worcestershire WR5 1LH3
£266.5K07/230.44 mi11, Rogers Hill, Worcester, Worcestershire WR3 8JQ3
£185K04/210.44 mi26, Rogers Hill, Worcester, Worcestershire WR3 8JQ3
£215.6K09/210.44 mi29, Rogers Hill, Worcester, Worcestershire WR3 8JQ3
£165K08/230.44 mi8, Laurel Road, Worcester, Worcestershire WR4 9RT3
£230K12/220.46 mi9, Chiltern Close, Worcester, Worcestershire WR4 9DY3
£300K07/230.46 mi16, Tyne Close, Worcester, Worcestershire WR5 1SE3

Local Rents

16 rents from £825/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95011/240.16 miLilac Avenue, WORCESTER3
£1,40011/240.25 mi-3
£1,00002/240.31 mi-3
£1,35002/250.33 mi-3
£1,05011/240.36 miApartment 6, Autumn Terrace, Worcester3
£1,20003/250.36 mi-3
£1,15303/250.38 mi-3
£1,05010/240.39 mi-3
£1,25011/240.4 mi-3
£1,25006/240.4 mi-3
£1,15011/240.43 mi-3
£1,20002/250.48 mi-3
£1,45012/240.55 mi-3
£1,35012/240.56 mi-3
£1,25003/250.56 mi-3
£82511/240.56 miLower Chestnut Street, Worcester, Worcestershire, WR13

Local Area Statistics

Population in WR4

26,127

Population in Worcester

142,140

Town centre distance

0.64 miles away

Nearest school

0.40 miles away

Nearest train station

0.16 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £185,000

December 4, 2024

Floor Plans

Description

  • Prime location close to Worcester City Centre +
  • Generous living space over three floors +
  • Opportunity to extend and modernise +
  • Peaceful cul-de-sac setting +
  • Captivating panoramic views of Worcester +
  • Private rear garden for relaxation and entertaining +

Nestled in a sought-after cul-de-sac near Worcester City Centre, this three-bedroom semi-detached townhouse combines location, space, and potential. Boasting breathtaking views over Worcester, the property presents an exceptional opportunity to create your dream home.

Upon entering, you are welcomed by an entrance hallway with practical under-stairs storage leading to a bright, airy kitchen/diner. This well-proportioned space offers picturesque views and flows seamlessly into the rear hallway, where you'll find a convenient downstairs WC, internal access to the garage, and a door to the patio and private rear garden—perfect for outdoor living.

The first floor features a versatile single bedroom and a spacious lounge/dining room that showcases stunning panoramic views, providing a warm and inviting atmosphere for relaxing or entertaining.

On the top floor, two double bedrooms offer tranquil retreats, both benefitting from charming rear-facing views. A traditional family bathroom completes the layout.

Additional highlights include gas central heating via a combination boiler and the potential to extend, allowing you to tailor the property to your lifestyle needs. With its unique combination of location, space, and opportunity, this home is a rare find, ready to be transformed into a contemporary family haven or an investment gem.

Explore the potential and make this house your own. EPC Band: D.

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You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.

The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.

The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.

Speak to one of our property specialists about our reservation deposit scheme to find out more.

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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate.

Agent Details

SmoothSale, Leeds

0117 463 2797

Next Steps?

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