2 Bed Terraced House, Single Let, Worcester, WR1 1PA, £220,000

Chestnut Street, Worcester, Worcestershire, WR1 1PA - 2 views - 2 months ago

Sold STC
BTL
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£140K - £301K
Sold Prices/m²£1.5K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£169,620

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£8,100

Total Cash In

£63,100

 

 

Cash Out

 

Rent Range

£650 - £2,200

Rent Estimate

£731

Running Costs/mo

£854

Cashflow/mo

£-123

Cashflow/yr

£-1,472

Gross Yield

4%

Local Sold Prices

50 sold prices from £140K to £301K, average is £185K. £1.5K/m² to £7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£180K06/210.04 mi72, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£161.1K05/210.04 mi1, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£160K05/210.04 mi5, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£175K03/210.04 mi31, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£200K07/230.06 mi18, Wood Terrace, Worcester, Worcestershire WR1 1NY2
£215K05/230.06 mi25, Wood Terrace, Worcester, Worcestershire WR1 1NY2
£210K04/240.08 mi4, Sansome Mews, Worcester, Worcestershire WR1 1PL2
£169K11/200.08 mi1, Sansome Mews, Worcester, Worcestershire WR1 1PL2
£203.3K10/220.09 mi6, Lower Chestnut Street, Worcester, Worcestershire WR1 1PB2
£142.5K01/210.11 mi20, Lower Chestnut Street, Worcester, Worcestershire WR1 1PB2
£195K07/210.11 mi45, Northfield Street, Worcester, Worcestershire WR1 1NS2
£168K01/210.11 mi22, Northfield Street, Worcester, Worcestershire WR1 1NS2
£150K04/210.11 mi17, Northfield Street, Worcester, Worcestershire WR1 1NS2
£168K05/210.11 mi11, Northfield Street, Worcester, Worcestershire WR1 1NS2
£180K09/210.11 mi67, Northfield Street, Worcester, Worcestershire WR1 1NT2
£155K07/210.11 mi69, Northfield Street, Worcester, Worcestershire WR1 1NT2
£140K03/210.11 mi58, Northfield Street, Worcester, Worcestershire WR1 1NT2
£185K09/230.11 mi75, Northfield Street, Worcester, Worcestershire WR1 1NT2
£195K03/230.11 mi65, Northfield Street, Worcester, Worcestershire WR1 1NT2
£232.5K10/220.13 mi36, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£140K05/210.14 mi2, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£185K02/240.14 mi5, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£185K11/230.14 mi2, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£145K03/210.14 mi14, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£185K10/200.14 mi1, White Ladies Walk, Worcester, Worcestershire WR1 1QB2
£301K03/210.14 mi25a, Arboretum Road, Worcester, Worcestershire WR1 1ND2
£185K03/210.15 mi9, Lansdowne Street, Worcester, Worcestershire WR1 1QD2
£270K01/210.15 mi43, Flag Meadow Walk, Worcester, Worcestershire WR1 1QG2
£280K11/220.16 mi23, Flag Meadow Walk, Worcester, Worcestershire WR1 1QG2
£180.5K09/210.16 mi33, Lansdowne Street, Worcester, Worcestershire WR1 1QF2
£185K12/200.16 mi37, Lansdowne Street, Worcester, Worcestershire WR1 1QF2
£160K08/210.17 mi16, Lansdowne Terrace, Worcester, Worcestershire WR1 1SR2
£222K11/230.17 mi12, Lansdowne Terrace, Worcester, Worcestershire WR1 1SR2
£185.8K10/220.17 mi10, Lansdowne Terrace, Worcester, Worcestershire WR1 1SR2
£187.5K11/210.18 mi10, Barry Street, Worcester, Worcestershire WR1 1NR2
£195.1K10/220.18 mi11, White Ladies Close, Worcester, Worcestershire WR1 1PZ2
£205K08/230.18 mi8, White Ladies Close, Worcester, Worcestershire WR1 1PZ2
£180K11/230.18 mi5, White Ladies Close, Worcester, Worcestershire WR1 1PZ2
£187.5K06/210.18 mi27, Flag Meadow Walk, Worcester, Worcestershire WR1 1QG2
£180K10/230.19 mi18, Washington Street, Worcester, Worcestershire WR1 1NL2
£215K12/200.19 mi12, Wolverton Road, Worcester, Worcestershire WR1 1PE2
£170K01/210.2 mi43, Southfield Street, Worcester, Worcestershire WR1 1NJ2
£165K09/210.2 mi27, Middle Street, Worcester, Worcestershire WR1 1NQ2
£192K01/210.21 mi16, Cumberland Street, Worcester, Worcestershire WR1 1QE2
£219.5K11/230.21 mi14, Cumberland Street, Worcester, Worcestershire WR1 1QE2
£178.5K02/210.21 mi3, Cumberland Street, Worcester, Worcestershire WR1 1QE2
£207K10/230.21 mi27, Cumberland Street, Worcester, Worcestershire WR1 1QE2
£155.5K04/230.21 mi12, Lowell Street, Worcester, Worcestershire WR1 1NP2
£205K04/240.21 mi41, Lowell Street, Worcester, Worcestershire WR1 1NP2
£220K11/210.21 mi28, Cumberland Street, Worcester, Worcestershire WR1 1QE2

Local Rents

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

RentDateDistanceAddressBeds 
£65002/240.05 mi-2
£82511/240.07 miChestnut Street, Arboretum, Worcester, WR12
£95002/250.11 mi-2
£99511/240.11 miNorthfield Street, Worcester, Worcestershire, WR12
£1,30011/240.13 miSurman Street, Worcester2
£1,09511/240.13 miSurman Street, Worcester, WR1 1HL2
£89502/250.15 mi-2
£90004/250.16 mi-2
£67511/240.16 miArboretum Road, Worcester2
£92503/250.22 mi-2
£97509/240.22 mi-2
£90011/240.22 miSouthfield Street, WORCESTER2
£85011/240.23 mi-2
£85011/240.23 miBarbourne Road, Worcester, WR12
£1,25004/250.28 mi-2
£82511/240.28 miPOPULAR CITY CENTRE LOCATION - Lion Court, Worcester, WR12
£89511/240.3 miOld Baskerville, Barbourne Road, Worcester2
£75011/240.31 miFlat 7, Old Baskerville, Barbourne Road, Worcester, Worcestershire, WR1 1RU2
£90011/240.32 miSt. Georges Lane South, Barbourne, Worcester, WR12
£85011/240.32 miThorneloe Place, Thorneloe Walk, Worcester, Worcestershire, WR12
£1,35004/250.35 mi-2
£1,25011/240.36 miForegate Street, Worcester2
£90007/240.36 mi-2
£97511/240.38 miGregorys Bank, Barbourne, Worcester, WR32
£1,00011/240.42 miThe Lane, WORCESTER2
£87511/240.42 miMagdala Court, The Butts, Worcester, Worcestershire, WR12
£90011/240.44 miKiln Crescent, Worcester, Worcestershire, WR32
£2,16710/240.45 mi-2
£85007/230.46 mi-2
£92509/240.46 mi-2
£70011/240.47 miAshford House, Rainbow Hill, Worcester, WR32
£79511/240.48 miBarbourne Road, Worcester, Worcestershire, WR12
£99511/240.5 mi-2
£90001/250.51 mi-2
£99503/240.54 mi-2
£75011/240.57 miNicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£95004/250.58 mi-2
£95011/240.58 miAlbany Road, Worcester2
£97512/240.58 mi-2
£75011/240.58 miWorcester, Worcestershire2
£95002/250.59 mi-2
£75011/240.59 mi21 Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£1,10011/240.61 miThe Old Fire Station, Copenhagen Street2
£2,20002/250.61 mi-2

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.75 miles away

Nearest school

0.20 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £220,000

February 16, 2025

Listed for £230,000

February 3, 2025

Floor Plans

Description

  • Terraced House +
  • Two Bedrooms +
  • No Onward Chain +
  • Off Road Parking +
  • Renovated Kitchen & Bathroom +
  • Two Reception Rooms +
  • EPC Rating - D +
  • Ultrafast, Superfast & Standard Broadband +

A charming double-fronted terrace house in the heart of the city centre, perfect for first-time buyers seeking convenience and comfort and is being offered with NO ONWARD CHAIN!

Inside, you are welcomed into a spacious lounge and a separate dining room ideal for entertaining. The recently renovated kitchen boasts modern fittings and ample storage, making it a delightful space for culinary adventures. Upstairs, the property features two generously sized bedrooms and a family bathroom, complete with a separate roll top bath and shower, providing a touch of luxury.

Externally, the property benefits from off-road parking, a rarity in this central location. The proximity to the city centre allows for easy access to shops, restaurants, and public transport, making everyday living exceptionally convenient.

Agent Details

Nicol & Co, Worcester

01905 975013

Next Steps?

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