2 Bed Terraced House, Single Let, Worcester, WR5 2RH, £125,000

6 Church Terrace, Whittington, Worcester, WR5 2RH - 1 views - a month ago

Auction
BTL
ROI: 9%
64 m²
+6 photos

ValuationUndervalued

Sold Prices£115K - £271K
Sold Prices/m²£2.2K/m² - £4.5K/m²

 

 

Square Metres

64 m²
Price/m²£2K/m²

Value Estimate

£150,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£825 - £1,300

Rent Estimate

£850

Running Costs/mo

£581

Cashflow/mo

£269

Cashflow/yr

£3,233

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £115K to £271K, average is £206.5K. £2.2K/m² to £4.5K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£225K11/230.04 mi4, Grove Cottages, Whittington, Worcester, Worcestershire WR5 2RN2
£245K12/200.35 mi38, Berkeley Close, Whittington, Worcester, Worcestershire WR5 2RF2
£173K03/210.47 mi26, Whitewood Way, Worcester, Worcestershire WR5 2LN2
£215K01/240.47 mi6, Whitewood Way, Worcester, Worcestershire WR5 2LN2
£197K10/200.47 mi71, Whitewood Way, Worcester, Worcestershire WR5 2LN2
£205K07/230.47 mi34, Whitewood Way, Worcester, Worcestershire WR5 2LN2
£233.5K01/230.49 mi71, Whitewood Way, Worcester, Worcestershire WR5 2LN2
£237K01/230.51 mi50, Whitewood Way, Worcester, Worcestershire WR5 2LN2
£170K11/230.59 mi5, Dormouse Croft, Worcester, Worcestershire WR5 3TT2
£239K08/230.6 mi14, Otter Lane, Worcester, Worcestershire WR5 3PQ2
£230K04/230.6 mi6, Otter Lane, Worcester, Worcestershire WR5 3PQ2
£190K12/200.6 mi33, Otter Lane, Worcester, Worcestershire WR5 3PQ2
£206K02/230.61 mi19, Deer Avenue, Worcester, Worcestershire WR5 3TS2
£245K05/240.64 mi3, Torridon Walk, Worcester, Worcestershire WR5 3UJ2
£190K06/230.69 mi18, Caldy Avenue, Worcester, Worcestershire WR5 3UG2
£225K12/230.69 mi19, Caldy Avenue, Worcester, Worcestershire WR5 3UG2
£200K10/230.69 mi30, Blagdon Close, St Peters, Worcester, Worcestershire WR5 3PL2
£192.5K11/230.72 mi14, Fox Drive, Worcester, Worcestershire WR5 3TQ2
£185K12/230.74 mi15, Stroma Avenue, Worcester, Worcestershire WR5 3PJ2
£225K03/230.77 mi9, Badger Gardens, Worcester, Worcestershire WR5 3TG2
£271K03/230.77 mi18, Eastnor Close, Worcester, Worcestershire WR5 2BZ2
£180K11/200.78 mi2, Camberwell Drive, Worcester, Worcestershire WR5 3TN2
£222.5K10/230.79 mi3, Kinord Close, Worcester, Worcestershire WR5 3UU2
£247.5K10/200.79 mi7, Eastnor Close, Worcester, Worcestershire WR5 2BZ2
£260K10/210.79 mi14, Eastnor Close, Worcester, Worcestershire WR5 2BZ2
£245K06/210.79 mi9, Eastnor Close, Worcester, Worcestershire WR5 2BZ2
£225K07/240.8 mi10, Malham Place, Worcester, Worcestershire WR5 3UP2
£204K11/210.82 mi12, Peacock Close, Worcester, Worcestershire WR5 3TE2
£195K02/230.84 mi5, Waseley Close, Worcester, Worcestershire WR5 3RJ2
£227K04/230.85 mi11, Exbury Place, Worcester, Worcestershire WR5 3TP2
£115K12/200.85 mi25, Exbury Place, Worcester, Worcestershire WR5 3TP2
£215K02/230.86 mi6, Waseley Close, Worcester, Worcestershire WR5 3RJ2
£207K08/210.86 mi18, Westonbirt Close, Worcester, Worcestershire WR5 3RX2
£230K12/230.87 mi7, Bowood Lane, Worcester, Worcestershire WR5 3UT2
£183K03/210.87 mi8, Knapp Place, Worcester, Worcestershire WR5 3TR2
£230K12/220.89 mi66, Mandalay Drive, Brockhill Village, Worcester, Worcestershire WR5 2PL2
£235K12/220.9 mi48, Mandalay Drive, Brockhill Village, Worcester, Worcestershire WR5 2PL2
£201K10/200.9 mi58, Mandalay Drive, Brockhill Village, Worcester, Worcestershire WR5 2PL2
£185K06/210.9 mi56, Mandalay Drive, Brockhill Village, Worcester, Worcestershire WR5 2PL2
£183K06/210.9 mi57, Foxwell Street, Red Hill, Worcester, Worcestershire WR5 2ET2
£205K03/230.93 mi20, Livingstone Street, Worcester, Worcestershire WR5 2ES2
£217K04/230.94 mi11, Rosemoor Gardens, Worcester, Worcestershire WR5 3QS2
£200K02/230.96 mi16, Cannon Street, Worcester, Worcestershire WR5 2ER2
£233K11/230.97 mi5, Seine Close, Brockhill Village, Worcester, Worcestershire WR5 2GE2
£187K10/210.98 mi7, Ravenshill Close, Worcester, Worcestershire WR5 3SQ2
£204K01/240.98 mi2, Ravenshill Close, Worcester, Worcestershire WR5 3SQ2
£178K10/200.98 mi13, Ravenshill Close, Worcester, Worcestershire WR5 3SQ2
£196K10/200.98 mi25, Cannon Street, Worcester, Worcestershire WR5 2ER2
£230K12/220.98 mi13, Cannon Street, Worcester, Worcestershire WR5 2ER2
£205K02/230.98 mi4, Cannon Street, Worcester, Worcestershire WR5 2ER2

Local Rents

15 rents from £825/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£99507/240.65 mi-2
£95003/240.73 mi-2
£85011/240.73 miStroma Avenue, St Peters, Worcester2
£82511/240.76 miCamberwell Drive, St Peters2
£1,20007/230.78 mi-2
£1,30003/250.78 mi-2
£85011/240.81 miCrookbarrow Road, Norton2
£90011/240.86 miWaseley Close, WORCESTER2
£1,19503/250.87 mi-2
£90011/240.9 miMandalay Drive, Brockhill Village, WORCESTER2
£1,30003/250.9 mi-2
£1,25007/230.9 mi-2
£89511/241.07 miKingfisher Close, Worcester, Worcestershire, WR52
£1,05002/251.15 mi-2
£95006/231.15 mi-2

Local Area Statistics

Population in WR5

30,933

Population in Worcester

142,140

Town centre distance

1.77 miles away

Nearest school

0.10 miles away

Nearest train station

1.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £125,000

February 20, 2025

Floor Plans

Description

  • Freehold Vacant possession upon completion. +

For Sale By Public Auction on 27 March 2025 starting at 08:30 AM - A vacant freehold end terraced property

An end terraced property, which is approached via the side of number 1 Whittington Terrace and stands directly behind it.

Accommodation
Ground Floor: Lean to entrance, Kitchen, Reception Room, Bathroom/WC.
First Floor: Landing, Two Bedrooms.
Outside: Gardens.
The property benefits from having a gas fired central heating system and double glazing however, is in need of refurbishment works throughout.

Energy Performance Rating
C

Tenure
Freehold Vacant possession upon completion.

Pre-auction Offers
Please note that offers may be considered prior to the Auction Sale.

Viewings will be carried out on a block viewing basis. The times and dates will be available from Thursday 6th March, please revisit our website after this date.

Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.

Live-Streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.

Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. . If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information available on Bond Wolfe’s website), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’ on the Bond Wolfe website, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Bond Wolfe, Auctions

0121 387 6767

Next Steps?

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