3 Bed Detached House, Refurb/BRRR, Worcester, WR5 3DY, £180,000

82 Orchard Street, Worcester. WR5 3DY - 29 views - 5 months ago

Sold STC

Refurb/BRRR

~93 m²

+5 photos

ValuationFair Value

Sold Prices	£175K - £960K
Sold Prices/m²	£2.1K/m² - £4.1K/m²

Square Metres	~93 m²
Price/m²	£1.9K/m²
Value Estimate	£180,000£180,000

End Value (After Refurb)	£288,766£288,766
Uplift in Value	+60%+60%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£45,000£45,000
Stamp Duty & Legal Fees	£6,600£6,600
Refurb Costs	£36,762£36,762
Bridging Loan Interest	£4,725£4,725
Total Cash In	£94,837£94,837

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£288,766£288,766
Agent Fees (1%)	£2,888£2,888
Bridging Loan	£135,000£135,000
Bridging Loan Interest	£4,725£4,725
Flip Profit	£56,041£56,041

Local Sold Prices

49 sold prices from £175K to £960K, average is £280K. £2.1K/m² to £4.1K/m², average is £2.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£290K	12/23	0 mi	24, Orchard Street, Worcester, Worcestershire WR5 3DY	£3,085	94	3	Semi-Detached House
£216.5K	05/21	0 mi	88, Orchard Street, Worcester, Worcestershire WR5 3DY	£2,353	92	3	Terraced House
£310K	08/21	0.04 mi	240, Bath Road, Worcester, Worcestershire WR5 3ER	-	-	3	Semi-Detached House
£190K	09/21	0.04 mi	176, Bath Road, Worcester, Worcestershire WR5 3ER	-	-	3	Terraced House
£220K	08/21	0.08 mi	66, Cavendish Street, Worcester, Worcestershire WR5 3DX	£3,548	62	3	Semi-Detached House
£176K	11/23	0.08 mi	114, Cavendish Street, Worcester, Worcestershire WR5 3DX	£2,479	71	3	Terraced House
£300K	05/24	0.12 mi	118, Orchard Street, Worcester, Worcestershire WR5 3DW	£3,797	79	3	Semi-Detached House
£254K	06/21	0.17 mi	9, Osier Close, Worcester, Worcestershire WR5 3DN	£2,829	90	3	Semi-Detached House
£204K	01/21	0.19 mi	7, Ransome Avenue, Worcester, Worcestershire WR5 3AL	£2,957	69	3	Semi-Detached House
£175K	03/21	0.24 mi	52, Ransom Avenue, Worcester, Worcestershire WR5 3AL	£2,431	72	3	Semi-Detached House
£200K	02/24	0.24 mi	36, Ransom Avenue, Worcester, Worcestershire WR5 3AL	£2,740	73	3	Semi-Detached House
£280K	12/23	0.25 mi	18, St Marks Close, Worcester, Worcestershire WR5 3DJ	£2,828	99	3	Semi-Detached House
£292K	12/20	0.25 mi	31, St Marks Close, Worcester, Worcestershire WR5 3DJ	£3,140	93	3	Semi-Detached House
£227K	08/21	0.26 mi	20, Bunns Road, Worcester, Worcestershire WR5 3AS	£3,388	67	3	Semi-Detached House
£197K	04/21	0.26 mi	8, Bunns Road, Worcester, Worcestershire WR5 3AS	£2,662	74	3	Semi-Detached House
£360K	08/23	0.29 mi	19, St Audries Road, Worcester, Worcestershire WR5 2AL	£4,067	89	3	Semi-Detached House
£442.5K	11/20	0.3 mi	81, Timberdine Avenue, Worcester, Worcestershire WR5 2BG	£2,650	167	3	Detached House
£241.5K	09/21	0.32 mi	99, Ransome Avenue, Worcester, Worcestershire WR5 3AW	-	-	3	Semi-Detached House
£200K	02/21	0.32 mi	98, Ransome Avenue, Worcester, Worcestershire WR5 3AW	£2,778	72	3	Semi-Detached House
£302.5K	04/21	0.35 mi	113, Bath Road, Worcester, Worcestershire WR5 3AF	£2,401	126	3	Terraced House
£307K	11/20	0.35 mi	117, Bath Road, Worcester, Worcestershire WR5 3AF	£2,624	117	3	Semi-Detached House
£290K	02/23	0.36 mi	41, Springfield Road, Worcester, Worcestershire WR5 3AR	£3,816	76	3	Semi-Detached House
£238K	04/21	0.36 mi	63, Springfield Road, Worcester, Worcestershire WR5 3AR	£2,833	84	3	Semi-Detached House
£247K	04/21	0.36 mi	21, Springfield Road, Worcester, Worcestershire WR5 3AR	-	-	3	Detached House
£245K	06/23	0.38 mi	112, Woolhope Road, Worcester, Worcestershire WR5 2AP	£2,816	87	3	Semi-Detached House
£290K	04/24	0.39 mi	2, Bolston Road, Worcester, Worcestershire WR5 2JE	£3,222	90	3	Terraced House
£335K	02/24	0.39 mi	25, Bolston Road, Worcester, Worcestershire WR5 2JE	£2,913	115	3	Semi-Detached House
£260.5K	11/21	0.4 mi	64, St Dunstans Crescent, Worcester, Worcestershire WR5 2AQ	-	-	3	Terraced House
£370K	11/21	0.4 mi	71, St Dunstans Crescent, Worcester, Worcestershire WR5 2AQ	£2,721	136	3	Semi-Detached House
£430K	12/22	0.4 mi	12, Norton Close, Worcester, Worcestershire WR5 3EY	-	-	3	Semi-Detached House
£346K	10/23	0.41 mi	91, St Dunstans Crescent, Worcester, Worcestershire WR5 2AH	£4,071	85	3	Semi-Detached House
£960K	06/21	0.42 mi	57, Battenhall Road, Worcester, Worcestershire WR5 2BP	£3,114	308	3	Semi-Detached House
£350K	06/23	0.44 mi	45, St Dunstans Crescent, Worcester, Worcestershire WR5 2AF	£2,215	158	3	Semi-Detached House
£275K	05/24	0.45 mi	20, Sheringham Road, Worcester, Worcestershire WR5 3RA	£3,125	88	3	House
£278K	06/23	0.47 mi	12a, Woolhope Road, Worcester, Worcestershire WR5 2AR	-	-	3	Semi-Detached House
£210K	11/23	0.47 mi	3, Woolhope Road, Worcester, Worcestershire WR5 2AR	£2,308	91	3	Semi-Detached House
£295K	03/21	0.47 mi	24, Woodbridge Close, Worcester, Worcestershire WR5 3BJ	£3,391	87	3	Detached House
£260K	01/23	0.47 mi	17, Woodbridge Close, Worcester, Worcestershire WR5 3BJ	£3,421	76	3	Semi-Detached House
£225K	03/23	0.47 mi	33, Framlingham Close, Worcester, Worcestershire WR5 3RE	£3,261	69	3	Detached House
£300K	05/24	0.49 mi	90, Woolhope Road, Worcester, Worcestershire WR5 2AS	£3,333	90	3	Semi-Detached House
£298K	05/21	0.49 mi	52, Woolhope Road, Worcester, Worcestershire WR5 2AS	£3,425	87	3	Semi-Detached House
£352K	08/23	0.5 mi	10, Athelstan Road, Worcester, Worcestershire WR5 2BW	-	-	3	Semi-Detached House
£275K	09/21	0.5 mi	31, Athelstan Road, Worcester, Worcestershire WR5 2BW	-	-	3	Semi-Detached House
£266K	06/23	0.5 mi	20, Coltishall Close, Worcester, Worcestershire WR5 3RF	£3,931	68	3	Detached House
£312K	12/22	0.51 mi	30, Woodbridge Close, Worcester, Worcestershire WR5 3BJ	£2,708	115	3	Semi-Detached House
£315K	06/21	0.51 mi	11, Battenhall Avenue, Worcester, Worcestershire WR5 2HN	-	-	3	Detached House
£355K	12/20	0.51 mi	3, Battenhall Avenue, Worcester, Worcestershire WR5 2HN	£2,890	123	3	Detached House
£250K	05/21	0.52 mi	15, Woolhope Road, Worcester, Worcestershire WR5 2AR	£2,119	118	3	Semi-Detached House
£309K	05/21	0.52 mi	60, Sebright Avenue, Worcester, Worcestershire WR5 2HJ	£3,911	79	3	Semi-Detached House

Local Rents

23 rents from £950/mo to £1.5K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£950	11/24	0 mi	Orchard Street, WORCESTER	3	Flat
£995	11/24	0.35 mi	Ransome Avenue, Worcester, WR5	3	Detached House
£1,300	11/24	0.42 mi	Crossley Road, Worcester	3	Flat
£1,500	04/25	0.45 mi	-	3	Terraced House
£1,500	10/24	0.48 mi	-	3	Detached House
£1,200	12/24	0.58 mi	-	3	Terraced House
£1,325	07/24	0.74 mi	-	3	Semi-Detached House
£1,400	03/25	0.75 mi	-	3	Semi-Detached House
£1,250	11/24	0.76 mi	Lundy Row, WORCESTER	3	Detached House
£1,325	11/24	0.77 mi	Primrose Crescent, Worcester	3	Detached House
£1,250	04/25	0.8 mi	-	3	Terraced House
£1,200	11/24	0.9 mi	Grasshopper Avenue, WORCESTER	3	Detached House
£1,450	11/24	0.91 mi	-	3	Detached House
£1,200	02/24	0.98 mi	-	3	Semi-Detached House
£1,395	03/25	0.98 mi	-	3	Semi-Detached House
£1,050	11/24	1.02 mi	Apartment 6, Autumn Terrace, Worcester	3	Flat
£1,200	03/25	1.04 mi	-	3	Semi-Detached House
£950	11/24	1.07 mi	-	3	Terraced House
£995	11/24	1.09 mi	Bakers Mews, St Johns, Worcester St. Johns, Worcester	3	Flat
£1,000	02/24	1.1 mi	-	3	Semi-Detached House
£975	11/24	1.12 mi	Bromyard Terrace, Worcester St. Johns, Worcester	3	Flat
£1,350	02/25	1.16 mi	-	3	Semi-Detached House
£950	11/24	1.19 mi	Henwick Road, St Johns, Worcester	3	Flat

Local Area Statistics

Population in WR5	30,93330,933
Population in Worcester	142,140142,140
Town centre distance	0.79 miles away0.79 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.22 miles away1.22 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 £180,000

December 5, 2024

Floor Plans

Description

3 bedroom semi detached period property +
Huge potential & flexibility +
In need of complete renovation +
Downstairs Shower Room +
Sought after area +
Within easy reach of Worcester City & schooling +
No Onward Chain +
Council Tax Band B +

A traditional period property offering much potential, in need of full renovation throughout, situated in a sought after location with garden to the rear. Accommodation briefly comprising: Entrance into Sitting Room, 2nd Reception/Dining Room, Kitchen, downstairs Shower Room and Cellar. To the first floor: Three Bedrooms. Outside: To the front is a small foregarden and to the rear is a garden in need of work with delapidated shed to the far end. Living Room - 3.5m x 3.2m (11'5" x 10'5") Dining Room - 4m x 3.8m (13'1" x 12'5") Kitchen - 2.4m x 2.4m (7'10" x 7'10") Cellar - 4m x 3.4m (13'1" x 11'1") Shower Room - 2.9m x 1.8m (9'6" x 5'10") Bedroom 1 - 4.2m x 3.5m (13'9" x 11'5") Bedroom 2 - 3.9m x 3.2m (12'9" x 10'5") Bedroom 3 - 3.5m x 2.5m (11'5" x 8'2")

Agent Details

Allan Morris Worcester, Worcester

01905 975078

Next Steps?

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