5 Bed Detached House, Planning Permission, Worcester, WR1 3DG, £1,500,000





ValuationOvervalued
Sold Prices | £185K - £1.6M |
Sold Prices/m² | £2.3K/m² - £5.1K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £8.4K/m² |
Value Estimate | £504,188 |
| |
End Value (After Refurb) | £485,500 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £375,000 |
Stamp Duty & Legal Fees | £137,450 |
Refurb Costs | £70,474 |
Bridging Loan Interest | £39,375 |
Total Cash In | £624,049 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £485,500 |
Mortgage (After Refinance) | £364,125 |
Mortgage LTV | 75% |
Cash Left In | £624,049 |
Equity | £121,375 |
Rent Range | £825 - £3,060 |
Rent Estimate | £1,489 |
Running Costs/mo | £1,835 |
Cashflow/mo | £-346 |
Cashflow/yr | £-4,152 |
Gross Yield | 1% |
Local Sold Prices
22 sold prices from £185K to £1.6M, average is £507K. £2.3K/m² to £5.1K/m², average is £2.8K/m².
Local Rents
19 rents from £825/mo to £3.1K/mo, average is £1.3K/mo.
Local Area Statistics
Population in WR1 | 9,229 |
Population in Worcester | 142,140 |
Town centre distance | 0.79 miles away |
Nearest school | 0.10 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
Listed for £1,500,000
February 4, 2025
Floor Plans

Description
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