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5 Bed HMO, Worcester, WR4 0JF £315,000
5 Cover Green, Home Meadow, Worcester WR4 0JF - 2 views - 9 months ago
Sold STC
HMO
Inside Article 4
ROI: 6%
162 m²
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £78,750£78,750 |
Stamp Duty & Legal Fees | £22,700£22,700 |
Total Cash In | £101,450£101,450 |
| |
Cash Out | |
Room Rate | £529£529 |
Gross Rent | £2,645£2,645 |
Running Costs/mo | £2,110£2,110 |
Cashflow/mo | £535£535 |
Cashflow/yr | £6,423£6,423 |
ROI | 6%6% |
Gross Yield | 10%10% |
Local Sold Prices
49 sold prices from £275K to £1.6M, average is £510K. £1.5K/m² to £5K/m², average is £3.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £381K | 05/21 | 0.08 mi | 2, White Hill, Home Meadow, Worcester, Worcestershire WR4 0JG | £1,518 | 251 | 5 | Detached House | ||
| £455K | 11/24 | 0.29 mi | 18, Wood Leason Avenue, Worcester WR4 0EU | £3,138 | 145 | 5 | Detached House | ||
| £345K | 06/21 | 0.37 mi | 6, Stotfield Avenue, Worcester, Worcestershire WR4 0JJ | - | - | 5 | Detached House | ||
| £340K | 05/21 | 0.53 mi | 10, Barley Crescent, Long Meadow, Worcester, Worcestershire WR4 0HW | £2,537 | 134 | 5 | Detached House | ||
| £400K | 06/23 | 0.58 mi | 7, Hoskyns Avenue, Worcester, Worcestershire WR4 0LL | - | - | 5 | Detached House | ||
| £385K | 03/23 | 0.7 mi | 14, Hever Avenue, Worcester, Worcestershire WR4 0DQ | £2,696 | 143 | 5 | Detached House | ||
| £310K | 07/23 | 0.71 mi | 126, Tunnel Hill, Worcester, Worcestershire WR4 9SB | £2,697 | 115 | 5 | Detached House | ||
| £515K | 07/23 | 0.71 mi | 8, Bearcroft Avenue, Great Meadow, Worcester, Worcestershire WR4 0DR | £5,000 | 103 | 5 | Detached House | ||
| £415K | 06/21 | 0.77 mi | 7, Pembroke Place, Worcester, Worcestershire WR4 0SP | £3,374 | 123 | 5 | Detached House | ||
| £395K | 06/21 | 0.85 mi | 19, Grosmont Avenue, Worcester, Worcestershire WR4 0RD | £3,248 | 122 | 5 | Detached House | ||
| £540K | 11/22 | 0.93 mi | 6, Rockingham Lane, Worcester, Worcestershire WR4 0SN | £2,714 | 199 | 5 | Detached House | ||
| £487K | 10/22 | 0.93 mi | 9, Grosmont Avenue, Worcester, Worcestershire WR4 0RD | - | - | 5 | Detached House | ||
| £495K | 08/25 | 0.94 mi | 16, Stafford Avenue, Worcester WR4 0TA | - | - | 5 | Detached House | ||
| £391K | 06/21 | 0.97 mi | 8, Falmouth, Worcester, Worcestershire WR4 0TE | - | - | 5 | Detached House | ||
| £575K | 06/21 | 1.19 mi | 45, Spetchley Road, Worcester, Worcestershire WR5 2LR | £3,758 | 153 | 5 | Detached House | ||
| £625K | 04/25 | 1.23 mi | 45, Spetchley Road, Worcester WR5 2LR | £4,085 | 153 | 5 | Detached House | ||
| £625K | 04/25 | 1.23 mi | 45, Spetchley Road, Worcester WR5 2LR | - | - | 5 | Detached House | ||
| £468K | 06/21 | 1.24 mi | 74, Spetchley Road, Worcester, Worcestershire WR5 2NL | - | - | 5 | Detached House | ||
| £486.5K | 09/23 | 1.24 mi | 46, Spetchley Road, Worcester, Worcestershire WR5 2NL | - | - | 5 | Semi-Detached House | ||
| £620K | 06/21 | 1.43 mi | Oak House, Red Hill Lane, Worcester, Worcestershire WR5 2JL | £3,292 | 188 | 5 | Detached House | ||
| £275K | 09/24 | 1.53 mi | 16, Middle Street, Worcester WR1 1NQ | £2,068 | 133 | 5 | Terraced House | ||
| £750K | 10/22 | 1.69 mi | 38, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH | £3,261 | 230 | 5 | Semi-Detached House | ||
| £635K | 10/23 | 1.72 mi | 162, Battenhall Road, Worcester, Worcestershire WR5 2BT | - | - | 5 | Detached House | ||
| £550K | 12/23 | 1.72 mi | 33, Shrubbery Avenue, Worcester, Worcestershire WR1 1QN | £2,466 | 223 | 5 | Terraced House | ||
| £500K | 02/25 | 1.73 mi | 171, Battenhall Road, Worcester WR5 2BU | £3,378 | 148 | 5 | Semi-Detached House | ||
| £715K | 10/24 | 1.73 mi | Middle Battenhall Farm, The Moat House, Upper Battenhall, Worcester WR7 4RU | £3,492 | 205 | 5 | Semi-Detached House | ||
| £715K | 10/24 | 1.73 mi | The Moat House, Middle Battenhall Farm, Upper Battenhall, Worcester WR7 4RU | - | - | 5 | Terraced House | ||
| £887K | 02/22 | 1.75 mi | 52a, Britannia Square, Worcester, Worcestershire WR1 3HP | - | - | 5 | Semi-Detached House | ||
| £845K | 08/21 | 1.76 mi | 15, St Georges Square, Worcester, Worcestershire WR1 1HX | - | - | 5 | Semi-Detached House | ||
| £410K | 06/21 | 1.8 mi | 24, The Hill Avenue, Worcester, Worcestershire WR5 2AW | £2,697 | 152 | 5 | Semi-Detached House | ||
| £1.6M | 11/22 | 1.82 mi | 41, Britannia Square, Worcester, Worcestershire WR1 3DN | - | - | 5 | Detached House | ||
| £1.6M | 11/22 | 1.82 mi | 41, Britannia Square, Worcester WR1 3DN | - | - | 5 | Detached House | ||
| £1.6M | 11/22 | 1.82 mi | 41, Britannia Square, Worcester WR1 3DN | - | - | 5 | Detached House | ||
| £485K | 03/25 | 1.83 mi | 97, Bath Road, Worcester WR5 3AE | £2,756 | 176 | 5 | Terraced House | ||
| £1.5M | 07/25 | 1.83 mi | 39, Britannia Square, Worcester WR1 3DN | - | - | 5 | Detached House | ||
| £500K | 08/24 | 1.84 mi | 19, Albany Terrace, Worcester WR1 3DU | £2,427 | 206 | 5 | Semi-Detached House | ||
| £500K | 08/24 | 1.84 mi | 19, Albany Terrace, Worcester WR1 3DU | - | - | 5 | Semi-Detached House | ||
| £490K | 05/25 | 1.88 mi | 125, Droitwich Road, Worcester WR3 7JE | £2,678 | 183 | 5 | Terraced House | ||
| £490K | 05/25 | 1.88 mi | 125, Droitwich Road, Worcester WR3 7JE | - | - | 5 | Terraced House | ||
| £490K | 11/23 | 1.88 mi | 3, Fountain Place, Worcester, Worcestershire WR1 3HW | £4,336 | 113 | 5 | Terraced House | ||
| £514K | 10/22 | 1.88 mi | 96, Barbourne Road, Worcester WR1 1SE | - | - | 5 | Detached House | ||
| £514K | 10/22 | 1.88 mi | 96, Barbourne Road, Worcester WR1 1SE | £2,545 | 202 | 5 | Terraced House | ||
| £1.1M | 02/25 | 1.88 mi | 33, Britannia Square, Worcester WR1 3DH | £4,264 | 258 | 5 | Terraced House | ||
| £1.1M | 02/25 | 1.88 mi | 33, Britannia Square, Worcester WR1 3DH | - | - | 5 | Detached House | ||
| £514K | 10/22 | 1.89 mi | 96, Barbourne Road, Worcester, Worcestershire WR1 1SE | £2,545 | 202 | 5 | Detached House | ||
| £1.1M | 03/25 | 1.9 mi | Orchard House, Church Lane, Droitwich WR9 7NW | £3,967 | 271 | 5 | Detached House | ||
| £510K | 07/25 | 1.95 mi | 2, Fearnal Close, Worcester WR3 8RX | - | - | 5 | Detached House | ||
| £525K | 05/23 | 1.97 mi | 96, Ombersley Road, Worcester, Worcestershire WR3 7EY | - | - | 5 | Detached House | ||
| £450K | 07/23 | 2 mi | 18a, Berwick Street, Worcester, Worcestershire WR5 3EA | £5,000 | 90 | 5 | Detached House |
Property History
Listed for £315,000
February 12, 2025
Floor Plans
Description
- Four/Five Bedrooms +
- Currently Used As An HMO +
- Large Living Room +
- Kitchen/Dining Room +
- Three Ensuites +
- Family Bathroom +
- Conservatory +
- Detached Double Garage +
This home is currently being used as an HMO and was originally designed with four bedrooms. However, the study has been converted into a fifth bedroom with its own ensuite. At present, the property could greatly benefit from new windows, guttering, and soffits. Upon entering the property, you will find double doors leading to the Living Room, which features a large conservatory accessible through sliding doors. The Kitchen/Dining Room and Bedroom Number 5 with its own ensuite can also be found off the entrance hall. Moving up to the first floor, there are four additional bedrooms, two of which have ensuites, as well as a family bathroom. Outside, the front of the property offers ample off-road parking spaces and a detached double garage. The rear of the property features a lawned area. Council Tax Band F - Worcester Council.