2 Bed Terraced House, Planning Permission, Worcester, WR3 7EA, £225,000

Northwick Road, Worcester, WR3 7EA - 3 months ago

Sold STC
Planning
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£78K - £775K
Sold Prices/m²£1.2K/m² - £7.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£193,497

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£650 - £2,200

Rent Estimate

£694

Running Costs/mo

£862

Cashflow/mo

£-168

Cashflow/yr

£-2,015

Gross Yield

4%

Local Sold Prices

50 sold prices from £78K to £775K, average is £209K. £1.2K/m² to £7.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£215K10/200 mi90, Northwick Road, Worcester, Worcestershire WR3 7EA2
£210K07/230.06 mi46, Pinkett Street, Worcester, Worcestershire WR3 7EB2
£225K12/220.06 mi48, Pinkett Street, Worcester, Worcestershire WR3 7EB2
£208K06/210.09 mi48, Northwick Road, Worcester, Worcestershire WR3 7DT2
£265K11/230.1 mi110a, Northwick Road, Worcester, Worcestershire WR3 7EE2
£175K12/200.13 mi217, Ombersley Road, Worcester, Worcestershire WR3 7BX2
£235K02/240.13 mi4, Marion Close, Worcester, Worcestershire WR3 7LP2
£190K12/220.14 mi176, Ombersley Road, Worcester, Worcestershire WR3 7HA2
£172K03/210.15 mi69, Ombersley Road, Worcester, Worcestershire WR3 7BT2
£263K02/230.16 mi29, Northwick Road, Worcester, Worcestershire WR3 7DS2
£292K02/230.16 mi27, Northwick Road, Worcester, Worcestershire WR3 7DS2
£78K03/210.2 miFlat 41, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£78K03/210.2 miFlat 41, Barbourne Works, Northwick Avenue, Worcester, Worcestershire WR3 7AT2
£215K05/230.21 mi14, Coombs Road, Worcester, Worcestershire WR3 7JG2
£345K09/230.22 mi16, Penbury Street, Worcester, Worcestershire WR3 7JD2
£175K10/200.24 mi7, Cove Gardens, Worcester, Worcestershire WR3 7DJ2
£202K02/230.24 mi26, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£177.5K08/210.24 mi41, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£196K11/210.24 mi39, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£140K02/210.24 mi21, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£188.5K07/210.24 mi29, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£165K11/200.24 mi15, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£210K10/220.24 mi13, Perdiswell Street, Worcester, Worcestershire WR3 7HZ2
£183K05/230.26 mi9, Belmont Walk, Worcester, Worcestershire WR3 7HY2
£192K11/220.26 mi4, Belmont Walk, Worcester, Worcestershire WR3 7HY2
£219K01/210.27 mi12, Sabrina Avenue, Worcester, Worcestershire WR3 7BB2
£217K08/210.27 mi2, Victoria Street, Worcester, Worcestershire WR3 7BD2
£250K07/230.29 mi21, Victoria Street, Worcester, Worcestershire WR3 7BE2
£190K06/210.37 mi5a, Alma Street, Worcester, Worcestershire WR3 8BW2
£172K12/200.37 mi5, Alma Street, Worcester, Worcestershire WR3 8BW2
£218K04/210.39 mi1, Ivy Street, Worcester, Worcestershire WR3 7AB2
£253K10/200.4 mi18, Lavender Road, Worcester, Worcestershire WR3 7AE2
£257K12/200.4 mi30, Lavender Road, Worcester, Worcestershire WR3 7AE2
£215.5K09/220.41 mi12, Bromsgrove Street, Worcester, Worcestershire WR3 8AR2
£350K02/240.41 mi2, Zermatt Close, Worcester, Worcestershire WR3 7NQ2
£290K02/210.41 mi2, Zermatt Close, Worcester, Worcestershire WR3 7NQ2
£250K09/230.42 mi16, Summer Street, Worcester, Worcestershire WR3 8BL2
£165.5K10/200.43 mi46, Bromsgrove Street, Worcester, Worcestershire WR3 8AR2
£205K11/200.44 mi32, Melbourne Street, Worcester, Worcestershire WR3 8AX2
£192K01/210.44 mi38, Melbourne Street, Worcester, Worcestershire WR3 8AX2
£775K08/230.44 mi6, Droitwich Road, Worcester, Worcestershire WR3 7LJ2
£317.5K03/230.44 mi331, Ombersley Road, Worcester, Worcestershire WR3 7DA2
£205.5K03/210.45 mi15, Blanquettes Street, Worcester, Worcestershire WR3 8BN2
£179K10/200.46 mi66, Crown Street, Worcester, Worcestershire WR3 8BJ2
£235K10/230.46 mi78, Crown Street, Worcester, Worcestershire WR3 8BJ2
£200K04/210.47 mi23, Wakeman Street, Worcester, Worcestershire WR3 8BQ2
£370K06/230.47 mi39, Old Northwick Lane, Worcester, Worcestershire WR3 7NE2
£200K10/200.47 mi34, Wakeman Street, Worcester, Worcestershire WR3 8BQ2
£135K07/210.47 mi24, New Bank Street, Worcester, Worcestershire WR3 8AN2
£278.5K10/220.47 mi27, New Bank Street, Worcester, Worcestershire WR3 8AN2

Local Rents

40 rents from £650/mo to £2.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£86011/240.12 mi-2
£85011/240.2 miBarbourne Works, Northwick Avenue, Worcester, WR32
£89511/240.24 miPerdiswell Street, Worcester, WR32
£87507/240.32 mi-2
£95001/250.38 mi-2
£95002/250.48 mi-2
£79511/240.58 miBarbourne Road, Worcester, Worcestershire, WR12
£82011/240.64 mi-2
£1,00011/240.65 miThe Lane, WORCESTER2
£90007/240.68 mi-2
£90011/240.69 miKiln Crescent, Worcester, Worcestershire, WR32
£90011/240.71 miSt. Georges Lane South, Barbourne, Worcester, WR12
£97511/240.72 miGregorys Bank, Barbourne, Worcester, WR32
£89511/240.77 miOld Baskerville, Barbourne Road, Worcester2
£75011/240.79 miFlat 7, Old Baskerville, Barbourne Road, Worcester, Worcestershire, WR1 1RU2
£85011/240.79 miThorneloe Place, Thorneloe Walk, Worcester, Worcestershire, WR12
£85011/240.84 miBarbourne Road, Worcester, WR12
£85011/240.84 mi-2
£85011/240.98 miHenwick Road, WORCESTER2
£82511/241.03 miChestnut Street, Arboretum, Worcester, WR12
£65002/241.04 mi-2
£90008/241.05 mi-2
£2,16710/241.05 mi-2
£85007/231.05 mi-2
£92509/241.05 mi-2
£95011/241.06 mi-2
£89502/251.09 mi-2
£1,30011/241.09 miSurman Street, Worcester2
£99503/241.09 mi-2
£1,09511/241.09 miSurman Street, Worcester, WR1 1HL2
£95002/251.14 mi-2
£99511/241.14 miNorthfield Street, Worcester, Worcestershire, WR12
£90004/251.14 mi-2
£2,20002/251.15 mi-2
£70011/241.18 miAshford House, Rainbow Hill, Worcester, WR32
£67511/241.19 miArboretum Road, Worcester2
£95011/241.21 miAlbany Road, Worcester2
£97512/241.21 mi-2
£92503/251.23 mi-2
£90011/241.24 miSouthfield Street, WORCESTER2

Local Area Statistics

Population in WR3

20,397

Population in Worcester

142,140

Town centre distance

1.78 miles away

Nearest school

0.10 miles away

Nearest train station

1.33 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £225,000

January 6, 2025

Sold for £145,000

2012

Floor Plans

Description

  • A GREAT OPPORTUNITY TO BUY A TWO BEDROOMED HOME IN THE POPULAR LOCATION OF NORTHWICK +
  • SITTING ROOM, DINING ROOM, CELLAR, KITCHEN, BATHROOM +
  • TWO BEDROOMS +
  • LOFT ROOM +
  • GOOD SIZED FRONT GARDEN WITH POTENTIAL TO CREATE OFF ROAD PARKING SPACE +
  • REAR COURTYARD GARDEN +
  • GAS CENTRAL HEATING AND DOUBLE GLAZING +
  • EPC - D +
  • NO ONWARD CHAIN +

The Property A great opportunity to purchase this period property with NO ONWARD CHAIN in a fantastic location. The property comprises to the ground floor sitting room, dining room, kitchen, and bathroom. There is a cellar which offers good storage space and benefits from power and lighting. To the first floor there are two double bedrooms. A staircase leads to a loft room which has a Velux window. Outside To the front of the property there is a good sized front garden which is predominantly laid to lawn, with some mature borders and a path that leads to the front door. There is space and potential to create off road parking which a number of the neighbouring properties have taken advantage of. To the rear of the property there is a courtyard garden. The Location Northwick Road is a sought after and popular location within striking distance of Worcester City Centre. The property is situated near to Gheluvelt Park, giving access to the new Kepax bridge, plus river and canal walks. The property has good access to the City Centre, Droitwich and motorway links. Close by are a range of shops and takeaway restaurants. Room Measurements can be found on the floorplan. Tenure - FREEHOLD Council Tax band - B EPC - D DISCLAIMER- APPLIANCES SUCH AS RADIATORS, HEATERS, BOILERS, FIXTURES OR UTILITIES (GAS, WATER, ELECTRICITY) WHICH MAY HAVE BEEN MENTIONED IN THESE DETAILS HAVE NOT BEEN TESTED AND NO GUARANTEE CAN BE GIVEN THAT THEY ARE SUITABLE OR IN WORKING ORDER. WE CANNOT GUARANTEE THAT BUILDING REGULATIONS OR PLANNING PERMISSION HAS BEEN APPROVED AND WOULD RECOMMEND THAT PROSPECTIVE PURCHASERS SHOULD MAKE THEIR OWN INDEPENDENT ENQUIRIES ON THESE MATTERS. ALL MEASUREMENTS ARE APPROXIMATE.

Agent Details

Emdot Property Consultants Ltd, Worcester

01905 672219

Next Steps?

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