3 Bed Semi-Detached House, Planning Permission, Worcester, WR2 4AT, £270,000

Brown Street, Worcester, Worcestershire, WR2 4AT - 2 months ago

Sold STC
Planning
~93 m²
+10 photos

ValuationFair Value

Sold Prices£190K - £510K
Sold Prices/m²£2K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£272,700

 

 

End Value (After Refurb)

£272,398

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Refurb Costs

£36,762

Bridging Loan Interest

£7,088

Total Cash In

£123,400

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£272,398

Mortgage (After Refinance)

£204,299

Mortgage LTV

75%

Cash Released

£1,799

Cash Left In

£121,601

Equity

£68,100

Rent Range

£950 - £1,500

Rent Estimate

£1,129

Running Costs/mo

£1,097

Cashflow/mo

£32

Cashflow/yr

£383

ROI

0%

Gross Yield

5%

Local Sold Prices

51 sold prices from £190K to £510K, average is £268K. £2K/m² to £4.8K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£233.5K05/230.02 mi140, Bromwich Road, Worcester, Worcestershire WR2 4AS3
£255K12/200.09 mi18, Margaret Road, Worcester, Worcestershire WR2 4LR3
£280K05/230.09 mi30, Margaret Road, St Johns, Worcester, Worcestershire WR2 4LR3
£253.5K09/230.09 mi53, Margaret Road, St Johns, Worcester, Worcestershire WR2 4LX3
£288K12/230.12 mi19, Whites Road, Worcester, Worcestershire WR2 4BG3
£245K12/230.13 mi17, Jubilee Road, Worcester, Worcestershire WR2 4LY3
£230K01/210.17 mi189, Bromwich Road, Worcester, Worcestershire WR2 4AU3
£225K02/210.17 mi175, Bromwich Road, Worcester, Worcestershire WR2 4AU3
£271K03/230.17 mi229, Bromwich Road, Worcester, Worcestershire WR2 4AU3
£302K08/230.17 mi3, Georgina Avenue, Worcester, Worcestershire WR2 4LZ3
£302K08/230.17 mi3, Georgina Avenue, Worcester, Worcestershire WR2 4LZ3
£230K11/200.22 mi232, Bromwich Road, Worcester, Worcestershire WR2 4BE3
£198.5K03/210.22 mi224, Bromwich Road, Worcester, Worcestershire WR2 4BE3
£390K02/210.24 mi204, Malvern Road, Worcester, Worcestershire WR2 4LL3
£255K04/210.24 mi6, Claverham Close, Worcester, Worcestershire WR2 4NB3
£210K04/210.24 mi13, Claverham Close, Worcester, Worcestershire WR2 4NB3
£245K11/210.24 mi4, Claverham Close, Worcester, Worcestershire WR2 4NB3
£275K07/230.24 mi22, Claverham Close, Worcester, Worcestershire WR2 4NB3
£510K11/220.26 mi16, Manor Road, Worcester, Worcestershire WR2 4PD3
£190K01/210.31 mi118, Foley Road, Worcester, Worcestershire WR2 4NE3
£425K09/210.31 mi58, Foley Road, Worcester, Worcestershire WR2 4NE3
£250K08/230.31 mi112, Foley Road, Worcester, Worcestershire WR2 4NE3
£435K08/230.31 mi94, Foley Road, Worcester, Worcestershire WR2 4NE3
£250K02/210.31 mi8, Sherwood Lane, Worcester, Worcestershire WR2 4NY3
£315K03/210.31 mi16, Sherwood Lane, Worcester, Worcestershire WR2 4NY3
£266.5K06/210.31 mi12, Sherwood Lane, Worcester, Worcestershire WR2 4NY3
£335K01/240.31 mi32, Sherwood Lane, Worcester, Worcestershire WR2 4NY3
£218K04/210.31 mi23, Mallard Close, Worcester, Worcestershire WR2 4BB3
£225K09/210.31 mi6, Mallard Close, Worcester, Worcestershire WR2 4BB3
£480K12/230.34 mi10, Earlsdon Road, Worcester, Worcestershire WR2 4PF3
£500K08/230.35 mi29, Hanbury Park Road, Worcester, Worcestershire WR2 4PG3
£330K12/200.35 mi11, Charnwood Close, Worcester, Worcestershire WR2 4NZ3
£222.5K06/210.36 mi10, Hudson Close, Worcester, Worcestershire WR2 4DP3
£325K02/210.36 mi9, Kielder Rise, Worcester, Worcestershire WR2 4HN3
£228.5K05/210.36 mi29, Winchester Avenue, Worcester, Worcestershire WR2 4JF3
£290K06/210.36 mi27, Winchester Avenue, Worcester, Worcestershire WR2 4JF3
£340K09/230.36 mi9, Winchester Avenue, Worcester, Worcestershire WR2 4JF3
£325K02/210.37 mi2, Homefield Road, Worcester, Worcestershire WR2 4AQ3
£415K09/210.37 mi3, Homefield Road, Worcester, Worcestershire WR2 4AQ3
£285K01/230.38 mi31, Winchester Avenue, Worcester, Worcestershire WR2 4JF3
£255K11/200.38 mi32, Winchester Avenue, Worcester, Worcestershire WR2 4JE3
£268K05/210.38 mi2, Winchester Avenue, Worcester, Worcestershire WR2 4JE3
£315K09/230.38 mi8, Winchester Avenue, Worcester, Worcestershire WR2 4JE3
£290K11/200.4 mi10, Withers Road, Worcester, Worcestershire WR2 4AG3
£363K08/230.4 mi3, Hanbury Avenue, Worcester, Worcestershire WR2 4JW3
£263K10/220.4 mi14, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£310K02/230.41 mi44, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£260K11/200.41 mi44, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£195K08/210.41 mi3, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£235K12/210.41 mi8, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£220K01/210.41 mi3, Kingsbury Road, Worcester, Worcestershire WR2 4JH3

Local Rents

14 rents from £950/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95011/240.42 mi-3
£1,30011/240.52 miCrossley Road, Worcester3
£99511/240.57 miBakers Mews, St Johns, Worcester St. Johns, Worcester3
£97511/240.64 miBromyard Terrace, Worcester St. Johns, Worcester3
£95011/240.74 miOrchard Street, WORCESTER3
£95011/240.76 miHenwick Road, St Johns, Worcester3
£1,19511/240.93 miSentinel Close, Worcester WR23
£99511/241.01 mi-3
£99511/241.06 miRansome Avenue, Worcester, WR53
£1,25003/251.09 mi-3
£1,35011/241.11 miWoodstock Road, Worcester, Worcestershire3
£1,50010/241.14 mi-3
£1,20001/251.16 mi-3
£1,32511/241.23 miPrimrose Crescent, Worcester3

Local Area Statistics

Population in WR2

29,799

Population in Worcester

142,140

Town centre distance

0.98 miles away

Nearest school

0.30 miles away

Nearest train station

1.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-23%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £270,000

February 10, 2025

Floor Plans

Description

  • St Johns, Worcester +
  • Three Bedrooms +
  • Semi Detached +
  • Kitchen / Breakfast Room +
  • Two Reception Rooms +
  • Garden +
  • Driveway & Garage +
  • Previously Has Had Full Planning Permission for Substantial Extension +
  • No Onward Chain +

Introducing a remarkable opportunity to own a charming semi-detached house in the sought-after St Johns area of Worcester. This deceptively spacious property boasts three bedrooms, bathroom, living room and generous kitchen/dining room. The living areas are well-proportioned, with a cosy reception room ideal for relaxation and entertaining guests. The stunning kitchen and breakfast room features ample storage space, modern appliances, and a breakfast area which them open plans in to a dining room creating a great family area. Easy access to the garden, allowing you to enjoy al-fresco dining on warm summer days. The luxury bathroom has also been refitted to include a separate shower cubicle in addition to the bath. Upstairs, you'll discover three bedrooms, comprising of two double rooms and one single bedroom. One of the standout features of this property is the garden, a private stone slabbed patio perfect for outdoor activities and entertaining with feature pond and pergola over. The remainder of the garden is predominantly lawned with a large timber shed/workshop. In addition to the garden, this exceptional house benefits from a driveway and a garage, ensuring ample parking space as well as secure storage for your belongings. It is also worth mentioning that this property has previously been granted full planning permission for a substantial extension, allowing you the opportunity to further enhance and customize this already fantastic home to your exact specifications. Located in St Johns, one of Worcester's most sought-after areas, this property offers easy access to a range of amenities, the area is also well-served by excellent schools, making it an excellent choice for families. Furthermore, this property is available with no onward chain, allowing for a smooth and hassle-free purchasing process. Don't miss out on the chance to make this stunning semi-detached house your forever home. Schedule a viewing today and envision your future in this remarkable property!

Agent Details

Price Estate Agents, Malvern

01684 215932

Next Steps?

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