3 Bed Semi-Detached House, Refurb/BRRR, Worcester, WR5 2AR, £250,000

17 Woolhope Road, Worcestershire, WR5 2AR - 9 views - 4 months ago

Refurb/BRRR
ROI: 1%
86 m²
+10 photos

ValuationOvervalued

Sold Prices£177K - £960K
Sold Prices/m²£1.9K/m² - £4.1K/m²

 

 

Square Metres

86 m²
Price/m²£2.9K/m²

Value Estimate

£228,946

 

 

End Value (After Refurb)

£257,875

Uplift in Value

+-3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£9,900

Refurb Costs

£33,995

Bridging Loan Interest

£6,563

Total Cash In

£114,708

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£257,875

Mortgage (After Refinance)

£193,406

Mortgage LTV

75%

Cash Released

£5,906

Cash Left In

£108,802

Equity

£64,469

Rent Range

£825 - £1,500

Rent Estimate

£1,155

Running Costs/mo

£1,057

Cashflow/mo

£98

Cashflow/yr

£1,178

ROI

1%

Gross Yield

6%

Local Sold Prices

49 sold prices from £177K to £960K, average is £276K. £1.9K/m² to £4.1K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£278K06/230 mi12a, Woolhope Road, Worcester, Worcestershire WR5 2AR3
£210K11/230 mi3, Woolhope Road, Worcester, Worcestershire WR5 2AR3
£300K05/240.03 mi90, Woolhope Road, Worcester, Worcestershire WR5 2AS3
£298K05/210.03 mi52, Woolhope Road, Worcester, Worcestershire WR5 2AS3
£250K05/210.06 mi15, Woolhope Road, Worcester, Worcestershire WR5 2AR3
£290K04/240.08 mi2, Bolston Road, Worcester, Worcestershire WR5 2JE3
£335K02/240.08 mi25, Bolston Road, Worcester, Worcestershire WR5 2JE3
£350K06/230.1 mi45, St Dunstans Crescent, Worcester, Worcestershire WR5 2AF3
£245K06/230.11 mi112, Woolhope Road, Worcester, Worcestershire WR5 2AP3
£225K11/220.11 mi86, Portland Street, Diglis, Worcester, Worcestershire WR1 2NW3
£302.5K04/210.12 mi113, Bath Road, Worcester, Worcestershire WR5 3AF3
£307K11/200.12 mi117, Bath Road, Worcester, Worcestershire WR5 3AF3
£264K10/230.16 mi3, Bath Road, Worcester, Worcestershire WR5 3AA3
£260.5K11/210.17 mi64, St Dunstans Crescent, Worcester, Worcestershire WR5 2AQ3
£370K11/210.17 mi71, St Dunstans Crescent, Worcester, Worcestershire WR5 2AQ3
£242.5K07/210.21 mi15, Diglis Avenue, Worcester, Worcestershire WR1 2NS3
£252.5K08/230.21 mi20, Diglis Avenue, Worcester, Worcestershire WR1 2NS3
£360K08/230.22 mi19, St Audries Road, Worcester, Worcestershire WR5 2AL3
£346K10/230.22 mi91, St Dunstans Crescent, Worcester, Worcestershire WR5 2AH3
£215K11/200.28 mi61, Fort Royal Hill, Worcester, Worcestershire WR5 1BY3
£330K12/220.29 mi1, Upper Park Street, Worcester, Worcestershire WR5 1EX3
£352K08/230.29 mi10, Athelstan Road, Worcester, Worcestershire WR5 2BW3
£275K09/210.29 mi31, Athelstan Road, Worcester, Worcestershire WR5 2BW3
£320K08/230.3 mi39, Hamilton Road, Worcester, Worcestershire WR5 1AG3
£442.5K11/200.3 mi81, Timberdine Avenue, Worcester, Worcestershire WR5 2BG3
£253K05/210.32 mi6, Fort Royal Lane, Worcester, Worcestershire WR5 1BX3
£375K02/210.35 mi8, Cole Hill, Worcester, Worcestershire WR5 1DG3
£289K10/200.38 mi1, Richmond Road, Worcester, Worcestershire WR5 1DH3
£255K03/210.38 mi16, Richmond Road, Worcester, Worcestershire WR5 1DH3
£295K03/230.39 mi108, Wylds Lane, Worcester, Worcestershire WR5 1DJ3
£237K04/230.39 mi120, Wylds Lane, Worcester, Worcestershire WR5 1DJ3
£960K06/210.41 mi57, Battenhall Road, Worcester, Worcestershire WR5 2BP3
£210K05/240.43 mi12, Dent Close, Worcester, Worcestershire WR5 1AH3
£210K08/230.43 mi2, Dent Close, Worcester, Worcestershire WR5 1AH3
£310K08/210.44 mi240, Bath Road, Worcester, Worcestershire WR5 3ER3
£190K09/210.44 mi176, Bath Road, Worcester, Worcestershire WR5 3ER3
£211K03/230.44 mi172, Wylds Lane, Worcester, Worcestershire WR5 1DN3
£309K05/210.45 mi60, Sebright Avenue, Worcester, Worcestershire WR5 2HJ3
£177K05/210.45 mi27, Vincent Road, Worcester, Worcestershire WR5 1AZ3
£290K12/230.47 mi24, Orchard Street, Worcester, Worcestershire WR5 3DY3
£216.5K05/210.47 mi88, Orchard Street, Worcester, Worcestershire WR5 3DY3
£270K06/230.48 mi86, Victoria Avenue, Worcester, Worcestershire WR5 1ED3
£276K02/240.48 mi64, Victoria Avenue, Worcester, Worcestershire WR5 1ED3
£290K11/230.48 mi24, Victoria Avenue, Worcester, Worcestershire WR5 1ED3
£257K02/230.48 mi20, Victoria Avenue, Worcester, Worcestershire WR5 1ED3
£290K01/230.5 mi11, Victoria Avenue, Worcester, Worcestershire WR5 1EE3
£267.5K11/230.5 mi122, London Road, Worcester, Worcestershire WR5 2EB3
£235K06/210.5 mi135, Victoria Avenue, Worcester, Worcestershire WR5 1EE3
£250K01/210.5 mi123, Victoria Avenue, Worcester, Worcestershire WR5 1EE3

Local Rents

33 rents from £825/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,50004/250.08 mi-3
£1,30011/240.2 miCrossley Road, Worcester3
£1,25004/250.41 mi-3
£95011/240.47 miOrchard Street, WORCESTER3
£1,20012/240.49 mi-3
£1,50010/240.54 mi-3
£1,32507/240.58 mi-3
£1,05011/240.62 miApartment 6, Autumn Terrace, Worcester3
£1,40003/250.63 mi-3
£1,45011/240.68 mi-3
£1,20003/250.74 mi-3
£99511/240.76 miRansome Avenue, Worcester, WR53
£97511/240.79 miBromyard Terrace, Worcester St. Johns, Worcester3
£99511/240.79 miBakers Mews, St Johns, Worcester St. Johns, Worcester3
£1,00002/240.8 mi-3
£95011/240.82 miHenwick Road, St Johns, Worcester3
£1,35002/250.87 mi-3
£95011/240.87 mi-3
£1,20002/240.95 mi-3
£1,39503/250.95 mi-3
£1,30011/240.96 miThe Tything, Worcester3
£1,35011/241.09 mi-3
£1,25011/241.1 mi-3
£1,25006/241.1 mi-3
£82511/241.1 miLower Chestnut Street, Worcester, Worcestershire, WR13
£1,25011/241.11 miLundy Row, WORCESTER3
£1,40011/241.11 mi-3
£95011/241.13 miLilac Avenue, WORCESTER3
£1,30004/251.14 mi-3
£89509/241.19 mi-3
£1,35011/241.2 miHebb Street, Worcester, Worcestershire, WR13
£99511/241.22 mi-3
£1,32511/241.24 miPrimrose Crescent, Worcester3

Local Area Statistics

Population in WR5

30,933

Population in Worcester

142,140

Town centre distance

0.35 miles away

Nearest school

0.30 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £250,000

February 12, 2025

Listed for £265,000

December 26, 2024

Sold for £51,950

1997

Sold for £45,000

1995

Floor Plans

Description

  • NO ONWARD CHAIN +
  • Traditional semi-detached house +
  • Popular Battenhall location +
  • Stunning views across Worcester City Centre & Cathedral +
  • Rear garden +
  • Requiring some modernisation in parts +
  • DO YOU HAVE A PROPERTY TO SELL? Talk to us about how we can get you moving! +
  • NEED A MORTGAGE? We have access to exclusive rates and could save you money! +

SUMMARY
A traditional bay fronted semi-detached home in the popular area of Battenhall with three bedrooms and fantastic views across Worcester city centre and the Cathedral. NO ONWARD CHAIN!

DESCRIPTION
Situated in the sought after location of Battenhall, this traditional style bay fronted semi-detached home has stunning views across Worcester Cathedral and the city and offers accommodation which comprises: entrance hall, large living / dining room, kitchen, three bedrooms, bathroom and garden.

The property further benefits from having gas central heating, double glazing and is being sold with no onward chain.

Ground Floor 
Original feature arch to the front with door leading to:

Entrance Hall 
Pendant ceiling light, radiator, doors leading to living / dining room and kitchen, stairs leading to the first floor.

Living Area 13' 4" x 10' 7" ( 4.06m x 3.23m )
Rear facing window, pendant ceiling light, radiator and laminate flooring.

Arch leading through to the Dining Room.

Dining Area 13' 4" x 10' 7" ( 4.06m x 3.23m )
Front facing bay window, pendant ceiling light and laminate flooring.

Kitchen 9' 2" min x 6' ( 2.79m min x 1.83m )
Rear facing window, wall and base units, integrated oven with gas hob and an extractor hood, sink and drainer unit and laminate flooring.

Side door leading to access of the rear garden.

First Floor 

Landing 
Side facing window and doors leading to all bedrooms and the bathroom.

Bedroom One 13' 3" x 10' 7" ( 4.04m x 3.23m )
Rear facing window, pendant ceiling light, radiator, built in wardrobe and laminate flooring.

Bedroom Two 13' 4" x 10' 7" ( 4.06m x 3.23m )
Front facing bay window, pendant ceiling light, fireplace surround and laminate flooring.

Bedroom Three 8' 2" x 6' 2" ( 2.49m x 1.88m )
Front facing window, pendant ceiling light and laminate flooring.

Bathroom 
Rear facing window, W.C, corner wash hand basin, bath, corner wall cabinets, tiled walls and tiled flooring.

Outside 

Outside Front 
To the front of the property there is on street parking.

Outside Rear 
To the rear of the properly is a garden which is split over multiple levels. There are steps that lead down to each level and a seating area. The lower garden is laid to lawn.

Services 
All main services are connected to the property.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Worcester

01905 917044

Next Steps?

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