Potential 4-Bed HMO, Worcester, WR2 5DR, £230,000

Blakefield Road, Worcester, Worcestershire, WR2 5DR - 2 views - 2 months ago

HMO
ROI: 10%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£152K - £425K
Sold Prices/m²£1.5K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£243,698
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,400

Total Cash In

£65,900

 

 

Cash Out

 

Room Rate

£555

Gross Rent

£2,220

Running Costs/mo

£1,639

Cashflow/mo

£581

Cashflow/yr

£6,972

ROI

11%

Gross Yield

12%

Local Sold Prices

50 sold prices from £152K to £425K, average is £261.5K. £1.5K/m² to £4.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£170K12/200.01 mi11, Blakefield Road, Worcester, Worcestershire WR2 5DR3
£370K01/210.04 mi21a, Bromyard Road, Worcester, Worcestershire WR2 5BZ3
£330K08/230.04 mi71, Bromyard Road, Worcester, Worcestershire WR2 5BZ3
£355K02/230.05 mi4, Blakefield Gardens, Worcester, Worcestershire WR2 5DS3
£169K11/200.06 mi3, Blakefield Walk, Worcester, Worcestershire WR2 5DW3
£250K03/230.08 mi13, Graham Road, Worcester, Worcestershire WR2 5AW3
£265K10/220.08 mi23, Graham Road, Worcester, Worcestershire WR2 5AW3
£258K01/230.08 mi8, Graham Road, Worcester, Worcestershire WR2 5AW3
£152K01/210.09 mi29, Bransford Road, Worcester, Worcestershire WR2 4EW3
£197K07/210.1 mi4, Abbey Close, St Johns, Worcester, Worcestershire WR2 4HR3
£220K01/240.1 mi67, Blakefield Road, Worcester, Worcestershire WR2 5DP3
£227.5K12/230.1 mi5, Sinton Terrace, Worcester, Worcestershire WR2 5JZ3
£220K03/210.1 mi15, Sinton Terrace, Worcester, Worcestershire WR2 5JZ3
£276K05/210.13 mi60, Greathouse Road, Worcester, Worcestershire WR2 4HU3
£210K03/210.13 mi13, Greathouse Road, Worcester, Worcestershire WR2 4HU3
£325K08/230.15 mi9, Bromyard Road, Worcester, Worcestershire WR2 5BS3
£245K06/230.15 mi11, Bromyard Road, Worcester, Worcestershire WR2 5BS3
£255K02/210.17 mi115, Bransford Road, Worcester, Worcestershire WR2 4ET3
£167K02/210.18 mi69, Nelson Road, Worcester, Worcestershire WR2 5BL3
£215.5K09/230.18 mi11, Happy Land West, Worcester, Worcestershire WR2 5DQ3
£212K10/210.19 mi24, Middle Road, Worcester, Worcestershire WR2 4HT3
£340K11/200.19 miThe Cottage, 19, Bedwardine Road, Worcester, Worcestershire WR2 4HZ3
£275K12/200.2 mi17, Boughton Street, Worcester, Worcestershire WR2 4HE3
£295K03/210.21 mi77, Mcintyre Road, Worcester, Worcestershire WR2 5LQ3
£310K04/230.21 mi4, Mcintyre Road, Worcester, Worcestershire WR2 5LG3
£208.5K01/210.21 mi21, Mcintyre Road, Worcester, Worcestershire WR2 5LG3
£250K03/210.21 mi2, Mcintyre Road, Worcester, Worcestershire WR2 5LG3
£216K11/200.24 mi7, Buck Street, Worcester, Worcestershire WR2 5LL3
£315K09/230.25 mi8, Winchester Avenue, Worcester, Worcestershire WR2 4JE3
£268K05/210.25 mi2, Winchester Avenue, Worcester, Worcestershire WR2 4JE3
£255K11/200.25 mi32, Winchester Avenue, Worcester, Worcestershire WR2 4JE3
£206K03/210.25 mi78, Comer Road, Worcester, Worcestershire WR2 5HY3
£197K02/210.26 mi70, Winchester Avenue, Worcester, Worcestershire WR2 4JQ3
£285K01/230.26 mi31, Winchester Avenue, Worcester, Worcestershire WR2 4JF3
£290K06/210.27 mi27, Winchester Avenue, Worcester, Worcestershire WR2 4JF3
£228.5K05/210.27 mi29, Winchester Avenue, Worcester, Worcestershire WR2 4JF3
£340K09/230.27 mi9, Winchester Avenue, Worcester, Worcestershire WR2 4JF3
£275K12/220.27 mi61, Winchester Avenue, Worcester, Worcestershire WR2 4JG3
£265K06/210.27 mi57, Winchester Avenue, Worcester, Worcestershire WR2 4JG3
£189K02/210.28 mi192, Bransford Road, Worcester, Worcestershire WR2 4EX3
£415K09/210.29 mi3, Homefield Road, Worcester, Worcestershire WR2 4AQ3
£325K02/210.29 mi2, Homefield Road, Worcester, Worcestershire WR2 4AQ3
£322K08/210.3 mi90, Comer Road, Worcester, Worcestershire WR2 5HY3
£295.3K11/210.3 mi94, Comer Road, Worcester, Worcestershire WR2 5HY3
£378K05/230.3 mi63, Comer Road, Worcester, Worcestershire WR2 5HY3
£395K03/210.3 mi19, Swinton Close, Worcester, Worcestershire WR2 4HA3
£390K02/230.3 mi12, Bromwich Lane, Worcester, Worcestershire WR2 4BH3
£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

Local Area Statistics

Population in WR2

29,799

Population in Worcester

142,140

Town centre distance

1.01 miles away

Nearest school

0.10 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-23%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £230,000

March 8, 2025

Listed for £240,000

February 13, 2025

Floor Plans

Description

  • 3 Bedrooms +
  • 2 Reception Rooms +
  • 1 Bathroom +
  • House +
  • Terraced, HMO +
  • Garden +

We are pleased to bring to the market this well-proportioned three-bedroom terraced family home in the heart of St Johns.
As you enter the property, the entrance hall leads to the two large reception rooms, perfect for entertaining guests or relaxing with family and then onto the kitchen and family bathroom.
Upstairs to the first floor you will find 2 double bedrooms and a further large attic room to the second floor.

Outside, the private rear garden beckons, providing a peaceful place to enjoy the outdoors. Offered with no chain, this home is ready for you to make your mark.

Situated in an ideal location, amenities are just a 5-minute walk away, whilst Worcester city centre is just a 15 minute stroll.

Agent Details

The Property Centre, St Johns

01905 675412

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪