2 Bed Terraced House, Single Let, Worcester, WR1 1NY, £240,000

Wood Terrace, Worcester, Worcestershire, WR1 1NY - 1 views - 2 months ago

Sold STC
BTL
~68 m²
+6 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£164,602

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£650 - £2,167

Rent Estimate

£700

Running Costs/mo

£910

Cashflow/mo

£-210

Cashflow/yr

£-2,520

Gross Yield

4%

Local Sold Prices

50 sold prices from £118K to £301K, average is £185K. £1.5K/m² to £7K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£200K07/230.02 mi18, Wood Terrace, Worcester, Worcestershire WR1 1NY2
£215K05/230.02 mi25, Wood Terrace, Worcester, Worcestershire WR1 1NY2
£180K09/210.05 mi67, Northfield Street, Worcester, Worcestershire WR1 1NT2
£155K07/210.05 mi69, Northfield Street, Worcester, Worcestershire WR1 1NT2
£140K03/210.05 mi58, Northfield Street, Worcester, Worcestershire WR1 1NT2
£185K09/230.05 mi75, Northfield Street, Worcester, Worcestershire WR1 1NT2
£195K03/230.05 mi65, Northfield Street, Worcester, Worcestershire WR1 1NT2
£210K04/240.06 mi4, Sansome Mews, Worcester, Worcestershire WR1 1PL2
£169K11/200.06 mi1, Sansome Mews, Worcester, Worcestershire WR1 1PL2
£180K06/210.07 mi72, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£161.1K05/210.07 mi1, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£160K05/210.07 mi5, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£175K03/210.07 mi31, Chestnut Street, Worcester, Worcestershire WR1 1PA2
£195K07/210.08 mi45, Northfield Street, Worcester, Worcestershire WR1 1NS2
£168K01/210.08 mi22, Northfield Street, Worcester, Worcestershire WR1 1NS2
£150K04/210.08 mi17, Northfield Street, Worcester, Worcestershire WR1 1NS2
£168K05/210.08 mi11, Northfield Street, Worcester, Worcestershire WR1 1NS2
£301K03/210.08 mi25a, Arboretum Road, Worcester, Worcestershire WR1 1ND2
£203.3K10/220.12 mi6, Lower Chestnut Street, Worcester, Worcestershire WR1 1PB2
£232.5K10/220.13 mi36, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£142.5K01/210.13 mi20, Lower Chestnut Street, Worcester, Worcestershire WR1 1PB2
£140K05/210.13 mi2, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£185K02/240.13 mi5, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£185K11/230.13 mi2, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£145K03/210.13 mi14, Little Chestnut Street, Worcester, Worcestershire WR1 1PG2
£165K09/210.14 mi27, Middle Street, Worcester, Worcestershire WR1 1NQ2
£170K01/210.15 mi43, Southfield Street, Worcester, Worcestershire WR1 1NJ2
£180K10/230.16 mi18, Washington Street, Worcester, Worcestershire WR1 1NL2
£187.5K11/210.16 mi10, Barry Street, Worcester, Worcestershire WR1 1NR2
£118K03/210.17 mi80, Southfield Street, Worcester, Worcestershire WR1 1NH2
£203K11/230.17 mi46, Southfield Street, Worcester, Worcestershire WR1 1NH2
£155.5K04/230.18 mi12, Lowell Street, Worcester, Worcestershire WR1 1NP2
£205K04/240.18 mi41, Lowell Street, Worcester, Worcestershire WR1 1NP2
£152.5K03/210.19 mi63, Southfield Street, Worcester, Worcestershire WR1 1NN2
£182K03/210.19 mi70, Southfield Street, Worcester, Worcestershire WR1 1NH2
£215K12/200.2 mi12, Wolverton Road, Worcester, Worcestershire WR1 1PE2
£185K10/200.2 mi1, White Ladies Walk, Worcester, Worcestershire WR1 1QB2
£185K03/210.21 mi9, Lansdowne Street, Worcester, Worcestershire WR1 1QD2
£270K01/210.22 mi43, Flag Meadow Walk, Worcester, Worcestershire WR1 1QG2
£280K11/220.22 mi23, Flag Meadow Walk, Worcester, Worcestershire WR1 1QG2
£160K08/210.23 mi16, Lansdowne Terrace, Worcester, Worcestershire WR1 1SR2
£222K11/230.23 mi12, Lansdowne Terrace, Worcester, Worcestershire WR1 1SR2
£185.8K10/220.23 mi10, Lansdowne Terrace, Worcester, Worcestershire WR1 1SR2
£180.5K09/210.23 mi33, Lansdowne Street, Worcester, Worcestershire WR1 1QF2
£185K12/200.23 mi37, Lansdowne Street, Worcester, Worcestershire WR1 1QF2
£195.1K10/220.24 mi11, White Ladies Close, Worcester, Worcestershire WR1 1PZ2
£205K08/230.24 mi8, White Ladies Close, Worcester, Worcestershire WR1 1PZ2
£180K11/230.24 mi5, White Ladies Close, Worcester, Worcestershire WR1 1PZ2
£187.5K06/210.25 mi27, Flag Meadow Walk, Worcester, Worcestershire WR1 1QG2
£192K01/210.27 mi16, Cumberland Street, Worcester, Worcestershire WR1 1QE2

Local Rents

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

RentDateDistanceAddressBeds 
£99511/240.06 miNorthfield Street, Worcester, Worcestershire, WR12
£95002/250.06 mi-2
£65002/240.08 mi-2
£67511/240.1 miArboretum Road, Worcester2
£82511/240.1 miChestnut Street, Arboretum, Worcester, WR12
£1,30011/240.12 miSurman Street, Worcester2
£1,09511/240.12 miSurman Street, Worcester, WR1 1HL2
£90004/250.13 mi-2
£89502/250.15 mi-2
£97509/240.16 mi-2
£92503/250.16 mi-2
£90011/240.17 miSouthfield Street, WORCESTER2
£82511/240.22 miPOPULAR CITY CENTRE LOCATION - Lion Court, Worcester, WR12
£1,25004/250.22 mi-2
£85011/240.29 mi-2
£1,35004/250.29 mi-2
£85011/240.29 miBarbourne Road, Worcester, WR12
£1,25011/240.29 miForegate Street, Worcester2
£89511/240.36 miOld Baskerville, Barbourne Road, Worcester2
£75011/240.36 miFlat 7, Old Baskerville, Barbourne Road, Worcester, Worcestershire, WR1 1RU2
£87511/240.37 miMagdala Court, The Butts, Worcester, Worcestershire, WR12
£85011/240.38 miThorneloe Place, Thorneloe Walk, Worcester, Worcestershire, WR12
£90011/240.39 miSt. Georges Lane South, Barbourne, Worcester, WR12
£90007/240.42 mi-2
£97511/240.44 miGregorys Bank, Barbourne, Worcester, WR32
£99511/240.45 mi-2
£90001/250.46 mi-2
£2,16710/240.47 mi-2
£70011/240.47 miAshford House, Rainbow Hill, Worcester, WR32
£85007/230.48 mi-2
£92509/240.48 mi-2
£1,00011/240.48 miThe Lane, WORCESTER2
£90011/240.5 miKiln Crescent, Worcester, Worcestershire, WR32
£75011/240.51 miNicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£75011/240.52 miWorcester, Worcestershire2
£75011/240.53 mi21 Nicol Court, Nashs Passage, Worcester, Worcestershire, WR1 2AN2
£1,10011/240.55 miThe Old Fire Station, Copenhagen Street2
£79511/240.55 miBarbourne Road, Worcester, Worcestershire, WR12
£99503/240.56 mi-2
£92511/240.57 miSpring Lane, WORCESTER2
£79511/240.58 miHill Street, Worcester2
£95004/250.58 mi-2
£95011/240.58 miAlbany Road, Worcester2
£97512/240.58 mi-2
£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

0.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £240,000

February 18, 2025

Floor Plans

Description

  • Terraced House +
  • Two Bedrooms +
  • No Onward Chain +
  • Renovated Kitchen & Bathroom +
  • Off Road Parking +
  • Walking Distance To City Centre +
  • EPC Rating - D +
  • Ultrafast, Superfast & Standard Broadband +

This well-presented two bedroom terraced house offers a fantastic opportunity for first-time buyers, benefiting from a prime location within walking distance of the city centre. With no onward chain, this home is ready for its new owners to move straight in.

Inside, the property boasts a spacious lounge and a stylish kitchen-diner, modernised in the past 12 months to provide a contemporary and practical space for cooking and entertaining. Upstairs, two well-proportioned bedrooms are complemented by a sleek family bathroom, which has also been recently updated to a high standard.

Externally, off-road parking adds convenience, a rare advantage in such a central location. With easy access to local shops, restaurants, and transport links, this home combines modern comfort with city-centre convenience. Viewing is highly recommended.

Agent Details

Nicol & Co, Worcester

01905 975013

Next Steps?

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