2 Bed Terraced House, Single Let, Worcester, WR1 1NP, £120,000

AUCTION - Lowell Street, Worcester, WR1 1NP - 2 months ago

Sold STC
Auction
BTL
ROI: 7%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£118K - £301K
Sold Prices/m²£1.5K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£145,200
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£650 - £2,200

Rent Estimate

£744

Running Costs/mo

£544

Cashflow/mo

£200

Cashflow/yr

£2,402

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £118K to £301K, average is £183.5K. £1.5K/m² to £7K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£155.5K04/230.01 mi12, Lowell Street, Worcester, Worcestershire WR1 1NP2
£205K04/240.01 mi41, Lowell Street, Worcester, Worcestershire WR1 1NP2
£180K10/230.03 mi18, Washington Street, Worcester, Worcestershire WR1 1NL2
£187.5K11/210.04 mi10, Barry Street, Worcester, Worcestershire WR1 1NR2
£152.5K03/210.05 mi63, Southfield Street, Worcester, Worcestershire WR1 1NN2
£182K03/210.07 mi70, Southfield Street, Worcester, Worcestershire WR1 1NH2
£232.5K10/220.08 mi36, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£215K12/200.08 mi12, Wolverton Road, Worcester, Worcestershire WR1 1PE2
£140K05/210.08 mi2, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£185K02/240.08 mi5, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£185K11/230.08 mi2, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£145K03/210.08 mi14, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£170K01/210.09 mi43, Southfield Street, Worcester, Worcestershire WR1 1NJ2
£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
£118K03/210.12 mi80, Southfield Street, Worcester, Worcestershire WR1 1NH2
£203K11/230.12 mi46, Southfield Street, Worcester, Worcestershire WR1 1NH2
£142.5K01/210.13 mi20, Lower Chestnut Street, Worcester, Worcestershire WR1 1PB2
£203.3K10/220.14 mi6, Lower Chestnut Street, Worcester, Worcestershire WR1 1PB2
£301K03/210.14 mi25a, Arboretum Road, Worcester, Worcestershire WR1 1ND2
£180K09/210.16 mi67, Northfield Street, Worcester, Worcestershire WR1 1NT2
£155K07/210.16 mi69, Northfield Street, Worcester, Worcestershire WR1 1NT2
£140K03/210.16 mi58, Northfield Street, Worcester, Worcestershire WR1 1NT2
£185K09/230.16 mi75, Northfield Street, Worcester, Worcestershire WR1 1NT2
£195K03/230.16 mi65, Northfield Street, Worcester, Worcestershire WR1 1NT2
£200K07/230.16 mi18, Wood Terrace, Worcester, Worcestershire WR1 1NY2
£215K05/230.16 mi25, Wood Terrace, Worcester, Worcestershire WR1 1NY2
£165K09/210.17 mi27, Middle Street, Worcester, Worcestershire WR1 1NQ2
£180K06/210.17 mi72, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£161.1K05/210.17 mi1, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£160K05/210.17 mi5, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£175K03/210.17 mi31, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£232.5K11/230.23 mi22, Cyril Road, Worcester, Worcestershire WR3 8JP2
£222.5K02/230.23 mi4, Cyril Road, Worcester, Worcestershire WR3 8JP2
£246K04/230.23 mi6, Cyril Road, Worcester, Worcestershire WR3 8JP2
£160K08/210.24 mi16, Lansdowne Terrace, Worcester, Worcestershire WR1 1SR2
£222K11/230.24 mi12, Lansdowne Terrace, Worcester, Worcestershire WR1 1SR2
£185.8K10/220.24 mi10, Lansdowne Terrace, Worcester, Worcestershire WR1 1SR2
£210K04/240.24 mi4, Sansome Mews, Worcester, Worcestershire WR1 1PL2
£169K11/200.24 mi1, Sansome Mews, Worcester, Worcestershire WR1 1PL2
£210K04/230.26 mi26, Wilson Street, Worcester, Worcestershire WR3 8NH2
£270K01/210.28 mi43, Flag Meadow Walk, Worcester, Worcestershire WR1 1QG2
£170K02/210.29 mi143, Lansdowne Road, Worcester, Worcestershire WR3 8JA2
£180K02/210.29 mi138, Lansdowne Road, Worcester, Worcestershire WR3 8JA2
£178.5K04/210.29 mi142, Lansdowne Road, Worcester, Worcestershire WR3 8JA2
£280K11/220.3 mi23, Flag Meadow Walk, Worcester, Worcestershire WR1 1QG2
£220K10/220.3 mi138, Lansdowne Road, Worcester, Worcestershire WR3 8JA2
£185K10/200.32 mi1, White Ladies Walk, Worcester, Worcestershire WR1 1QB2

Local Rents

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

RentDateDistanceAddressBeds 
£92503/250.12 mi-2
£90011/240.12 miSouthfield Street, WORCESTER2
£95001/250.12 mi-2
£99511/240.13 miNorthfield Street, Worcester, Worcestershire, WR12
£67511/240.14 miArboretum Road, Worcester2
£82511/240.16 miChestnut Street, Arboretum, Worcester, WR12
£65002/240.16 mi-2
£97509/240.17 mi-2
£82511/240.21 miPOPULAR CITY CENTRE LOCATION - Lion Court, Worcester, WR12
£90003/250.3 mi-2
£70011/240.3 miAshford House, Rainbow Hill, Worcester, WR32
£1,30011/240.3 miSurman Street, Worcester2
£1,09511/240.3 miSurman Street, Worcester, WR1 1HL2
£1,25012/240.31 mi-2
£99511/240.32 mi-2
£2,16710/240.33 mi-2
£89502/250.33 mi-2
£85007/230.34 mi-2
£92508/240.34 mi-2
£1,25011/240.37 miForegate Street, Worcester2
£1,35003/250.37 mi-2
£99503/240.41 mi-2
£97512/240.41 mi-2
£95011/240.41 miAlbany Road, Worcester2
£85011/240.42 mi-2
£85011/240.42 miBarbourne Road, Worcester, WR12
£97511/240.45 miGregorys Bank, Barbourne, Worcester, WR32
£90011/240.47 miSt. Georges Lane South, Barbourne, Worcester, WR12
£2,20002/250.47 mi-2
£89511/240.48 miOld Baskerville, Barbourne Road, Worcester2
£79511/240.48 miHill Street, Worcester2
£90011/240.49 miKiln Crescent, Worcester, Worcestershire, WR32
£87511/240.49 miMagdala Court, The Butts, Worcester, Worcestershire, WR12
£92511/240.49 miSpring Lane, WORCESTER2
£90007/240.5 mi-2
£75011/240.5 miFlat 7, Old Baskerville, Barbourne Road, Worcester, Worcestershire, WR1 1RU2
£75011/240.51 miNicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£1,00011/240.51 miThe Lane, WORCESTER2
£85011/240.52 miThorneloe Place, Thorneloe Walk, Worcester, Worcestershire, WR12
£75011/240.53 mi21 Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£75011/240.53 miWorcester, Worcestershire2
£90007/240.54 mi-2
£95011/240.55 mi-2
£95011/240.57 miByfield Rise, Worcester, WR52
£90001/250.57 mi-2
£1,10011/240.6 miThe Old Fire Station, Copenhagen Street2
£75011/240.62 miWyatts Mews, Union Street, Worcester City Centre, WR12

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.66 miles away

Nearest school

0.40 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £120,000

February 7, 2025

Floor Plans

Description

  • For sale by TRADITIONAL AUCTION +
  • Auction held at The Graeme Hick Pavilion, Worcestershire County Cricket Club, New Road, Worcester, WR2 4RL +
  • Auction start time: 14:00 +
  • To complete within 28 days from auction date. +
  • Terrace house +
  • Two bedrooms +
  • On street permit parking +

For sale by auction held at The Graeme Hick Pavilion, Worcestershire County Cricket Club, New Road, Worcester, WR2 4RL. Wednesday 5th March Auction start time: 14:00.

Agent Details

Hills Estate Agents, Worcester

01905 975042

Next Steps?

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