4 Bed Terraced House, Planning Permission, Worcester, WR2 5DJ, £300,000

Bromyard Road, St Johns, Worcester, WR2 5DJ - 2 views - 2 months ago

Sold STC
Planning
ROI: 1%
~129 m²
+23 photos

ValuationFair Value

Sold Prices£210K - £850K
Sold Prices/m²£1.8K/m² - £5.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.3K/m²

Value Estimate

£306,000

 

 

End Value (After Refurb)

£327,340

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£51,095

Bridging Loan Interest

£7,875

Total Cash In

£148,420

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£327,340

Mortgage (After Refinance)

£245,505

Mortgage LTV

75%

Cash Released

£20,505

Cash Left In

£127,915

Equity

£81,835

Rent Range

£950 - £3,500

Rent Estimate

£1,406

Running Costs/mo

£1,324

Cashflow/mo

£82

Cashflow/yr

£982

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £210K to £850K, average is £371.3K. £1.8K/m² to £5.1K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£585K02/230.01 mi112, Bromyard Road, Worcester, Worcestershire WR2 5DJ4
£220K02/230.05 mi14, Knight Street, Worcester, Worcestershire WR2 5DB4
£520K06/210.08 mi62, Bromyard Road, Worcester, Worcestershire WR2 5DA4
£350K05/230.09 mi21, Bromyard Road, Worcester, Worcestershire WR2 5BZ4
£432K12/220.13 mi79, Bransford Road, Worcester, Worcestershire WR2 4ER4
£482.5K12/200.15 mi107, Bransford Road, Worcester, Worcestershire WR2 4ET4
£330K05/210.15 miThe Old School House, Comer Road, Worcester, Worcestershire WR2 5HU4
£230K06/210.16 mi13, Mcintyre Road, Worcester, Worcestershire WR2 5LG4
£475K12/230.2 mi10, Palmers Green, Worcester, Worcestershire WR2 4JY4
£380K12/220.21 mi1, Boughton Street, Worcester, Worcestershire WR2 4HE4
£310K10/210.21 mi12a, Greathouse Road, Worcester, Worcestershire WR2 4HU4
£365K11/220.23 mi43, Boughton Street, Worcester, Worcestershire WR2 4HE4
£330K05/210.24 mi1, Boughton Street, Worcester, Worcestershire WR2 4HE4
£535K01/210.24 mi48, Boughton Street, Worcester, Worcestershire WR2 4HE4
£245K02/210.24 mi20, Willis Place, Worcester, Worcestershire WR2 4BJ4
£355K02/210.27 mi97, Comer Road, Worcester, Worcestershire WR2 5HY4
£290K04/230.27 mi187, Bromyard Road, Worcester, Worcestershire WR2 5EA4
£310K01/230.28 mi20, Willis Place, Worcester, Worcestershire WR2 4BJ4
£345K11/200.29 mi12, Swinton Close, Worcester, Worcestershire WR2 4HA4
£285K07/210.31 mi16, Sanctuary Close, Worcester, Worcestershire WR2 5PY4
£450K06/230.32 mi34, Laugherne Road, Worcester, Worcestershire WR2 5LS4
£411K05/210.34 mi9b, Swinton Lane, Worcester, Worcestershire WR2 4JT4
£382.5K05/230.38 mi79, Laugherne Road, Worcester, Worcestershire WR2 5LY4
£395K03/210.38 mi117, Laugherne Road, Worcester, Worcestershire WR2 5LY4
£310.1K07/210.38 mi16, Kingsbury Road, Worcester, Worcestershire WR2 4JH4
£335K01/210.38 mi38, Kingsbury Road, Worcester, Worcestershire WR2 4JH4
£255K08/230.41 mi45, Henwick Avenue, Worcester, Worcestershire WR2 5JB4
£210K05/230.42 mi58a, Henwick Road, Worcester, Worcestershire WR2 5NT4
£495K01/240.42 mi3, Ellis Road, Worcester, Worcestershire WR2 4AH4
£295K04/210.45 mi57, Woodstock Road, Worcester, Worcestershire WR2 5ND4
£410K09/230.46 mi46, Bloomfield Road, Worcester, Worcestershire WR2 4JN4
£355K11/230.49 mi33, Sentinel Close, Worcester, Worcestershire WR2 5FA4
£323K08/230.49 mi15, Sentinel Close, Worcester, Worcestershire WR2 5FA4
£305K10/230.49 mi45, Sentinel Close, Worcester, Worcestershire WR2 5FA4
£395K11/200.49 mi21, Claverham Close, Worcester, Worcestershire WR2 4NB4
£275K12/220.49 mi20, Hardwicke Close, Worcester, Worcestershire WR2 5NX4
£450K07/230.62 mi4, Margaret Road, St Johns, Worcester, Worcestershire WR2 4LR4
£280K02/210.62 mi7, Low Fold Close, Worcester, Worcestershire WR2 5UE4
£280K02/210.62 mi12, Low Fold Close, Worcester, Worcestershire WR2 5UE4
£377.5K02/230.62 mi9, Low Fold Close, Worcester, Worcestershire WR2 5UE4
£573K02/230.64 mi132, Henwick Road, Worcester, Worcestershire WR2 5PB4
£275K02/210.66 mi6, Hayfield Close, Worcester, Worcestershire WR2 5UQ4
£437.5K02/210.66 mi140, Henwick Road, Worcester, Worcestershire WR2 5PB4
£630K01/210.68 mi6, Croome Road, Worcester, Worcestershire WR2 4PL4
£592.5K02/210.69 mi20, Hill View Road, Worcester, Worcestershire WR2 4PJ4
£850K02/230.69 mi12, Hill View Road, Worcester, Worcestershire WR2 4PJ4
£387K02/230.7 mi78a, Oldbury Road, Worcester, Worcestershire WR2 6AR4
£585K06/210.72 mi8, Link Elm Close, Worcester, Worcestershire WR2 4NG4
£555K03/210.72 mi4, Link Elm Close, Worcester, Worcestershire WR2 4NG4
£463.5K12/220.72 miLaugherne Rise, Bransford Road, Rushwick, Worcester, Worcestershire WR2 5SJ4

Local Rents

12 rents from £950/mo to £3.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£99511/240.24 miBakers Mews, St Johns, Worcester St. Johns, Worcester3
£97511/240.28 miBromyard Terrace, Worcester St. Johns, Worcester3
£95011/240.28 mi-3
£99511/240.33 mi-3
£95011/240.35 miHenwick Road, St Johns, Worcester3
£1,35011/240.42 miWoodstock Road, Worcester, Worcestershire3
£1,90012/240.44 mi-4
£1,79903/250.45 mi-4
£3,50002/240.48 mi-7
£3,50002/240.48 mi-7
£1,19511/240.49 miSentinel Close, Worcester WR23
£1,25011/240.6 miOldbury Road, WORCESTER4

Local Area Statistics

Population in WR2

29,799

Population in Worcester

142,140

Town centre distance

1.10 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-23%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £300,000

February 7, 2025

Floor Plans

Description

  • DEVELOPMENT/BUILDING PLOT POTENTIAL (subject to PP) +
  • Substantial Victorian Three Storey Middle Terrace Property +
  • Flexible Accommodation Suitable for Numerous Uses +
  • Two Large Reception Rooms +
  • Breakfast Kitchen +
  • Cellar +
  • Off Road Parking Front & Rear +
  • Large Garden & Garage +
  • VIEWING ESSENTIAL +

An exciting opportunity to acquire a spacious period family home with a host of character features, situated in a sought after and convenient location within St Johns. EARLY VIEWING ESSENTIAL. EPC - D.

Location And Description - Situated in an extremely convenient location in a desirable area within St Johns which has excellent access to transport links and Worcester city centre. There are a variety of amenities locally including, shops, schools, the university and leisure facilities. The property is a substantial Victorian middle terrace home maintaining its original character and charm. Access is via a part opaque double glazed front door opening into:-

Reception Hall - An impressive and welcoming entrance to the property with two ceiling lights, radiator, stairs to first floor and doors to:-

Reception Room One - 3.91m x 3.68m (max) (12'10 x 12'1 (max)) - A good size versatile room which can be utilised as a lounge or dining room with celling light, front facing UPVC double glazed sash style window with original wooden shutters, radiator and feature fireplace with hearth, mantle over and gas fire inset.

Reception Room Two - 3.71m x 5.03m (max) (12'2 x 16'6 (max)) - Another light and airy reception room conveniently situated off the breakfast kitchen with ceiling light, radiator, UPVC double glazed French doors opening onto the garden, brick fireplace with hearth, mantle over and feature ornamental log burner insitu. Door to:-

Breakfast Kitchen - 5.41m x 2.57m (17'9 x 8'5) - A good size breakfast kitchen combining kitchen and dining areas. Two ceiling strip lights, two side facing double glazed windows, side facing UPVC part glazed door giving access to the rear of the property. There are a range of wall, drawer and base units, tiled floor, complimentary tiled splashback, stainless steel sink with matching drainer, freestanding four ring gas cooker with extractor fan over, useful pantry with shelving, space for appliances and door to:-

Inner Passageway - Cupboard offering storage facility and housing a wall mounted 'Potterton' boiler. Door to:-

Downstairs Bathroom - 2.29m x 1.78m (7'6 x 5'10) - Recessed ceiling spotlights, rear facing opaque UPVC double glazed window and radiator. There is a three piece white suite consisting of bath, wash hand basin with cupboard under and low level W.C.

Cellar - 5.05m (max) x 3.96m (16'7 (max) x 13'0) - Situated off the reception hall, steps lead down to a useful space offering the potential for conversion. There is light, power, consumer unit and meters. A front facing double glazed door offers a further exit which leads to the front of the property.

First Floor Landing - Ceiling light, storage cupboard housing the hot water tank, stairs to the second floor and doors to:-

Bedroom One - 4.50m x 3.63m (14'9 x 11'11) - A good size principal bedroom with ceiling light, rear facing double glazed window, radiator and built in cupboard offering useful storage space. Door to:-

Separate W.C - Ceiling light, wash hand basin with pedestal and low level W.C

Bedroom Two - 3.23m x 2.18m (10'7 x 7'2) - Ceiling light, front facing double glazed window, radiator and built in cupboard with hanging rail.

Bedroom Three - 3.91m x 2.18m (12'10 x 7'2) - Ceiling light, front facing double glazed window, radiator and two built in storage cupboards with hanging rail and shelving.

Bedroom 4 - 5.08m x 5.05m (both max) (16'8 x 16'7 (both max)) - Situated on the second floor a spacious double bedroom with ceiling light, dual aspect front double glazed 'Velux' window and rear double glazed window allowing plenty of natural light and radiator. There is ample storage created in the eaves together with loft access.

Separate W.C. - Ceiling light, wash hand basin with cupboard and low level W.C.

Outside - To the front of the property is a slabbed area offering parking for one vehicle and a pathway leads to the front door.

To the rear of the property is an attractive large garden with a slabbed seating area, ornamental well and feature brick pond. A wooden archway leads through to a lawned garden area with a selection of planted borders consisting of attractive mature shrubs and trees. There is wooden summer house, wooden bird Avery with a tiled roof and a pathway that leads to the garage via a wooden gate. There is a concrete driveway providing two additional parking spaces which are accessed from Happy Land North which is at the rear of the property.

PLEASE NOTE : The property offers great potential for a building plot where the existing garage is situated for the erection of one dwelling (subject to the necessary planning permission).

Detached Garage - A single garage with up and over door consisting of rear and side facing single glazed windows, a wooden side facing door gives direct access to the garden, light and power.

Services - We believe all mains services are connected to the property but have not been checked.

Agent Details

QualitySolicitors Parkinson Wright Estate Agents, Worcester

01905 675631

Next Steps?

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