3 Bed Semi-Detached House, Planning Permission, Worcester, WR2 4DQ, £330,000

Edmonton Close, Worcester, WR2 4DQ - a month ago

Planning
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£133.5K - £510K
Sold Prices/m²£1.5K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£276,486

 

 

End Value (After Refurb)

£330,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£15,100

Refurb Costs

£36,762

Bridging Loan Interest

£8,663

Total Cash In

£144,775

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£330,000

Mortgage (After Refinance)

£247,500

Mortgage LTV

75%

Cash Left In

£144,775

Equity

£82,500

Rent Range

£625 - £3,500

Rent Estimate

£1,031

Running Costs/mo

£1,257

Cashflow/mo

£-226

Cashflow/yr

£-2,717

Gross Yield

4%

Local Sold Prices

51 sold prices from £133.5K to £510K, average is £255K. £1.5K/m² to £4.6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£285K02/230.01 mi14, Edmonton Close, Worcester, Worcestershire WR2 4DQ3
£200K05/210.03 mi22, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4DJ3
£340K07/230.03 mi14, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4DJ3
£217.5K02/210.08 mi1, Regina Close, Lower Wick, Worcester, Worcestershire WR2 4DA3
£325K02/210.09 mi9, Kielder Rise, Worcester, Worcestershire WR2 4HN3
£247K11/200.14 mi32, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4ED3
£250K02/210.15 mi8, Sherwood Lane, Worcester, Worcestershire WR2 4NY3
£315K03/210.15 mi16, Sherwood Lane, Worcester, Worcestershire WR2 4NY3
£266.5K06/210.15 mi12, Sherwood Lane, Worcester, Worcestershire WR2 4NY3
£335K01/240.15 mi32, Sherwood Lane, Worcester, Worcestershire WR2 4NY3
£330K12/200.17 mi11, Charnwood Close, Worcester, Worcestershire WR2 4NZ3
£215K10/200.18 mi35, Columbia Drive, Lower Wick, Worcester, Worcestershire WR2 4DB3
£230K09/210.18 mi24, Columbia Drive, Lower Wick, Worcester, Worcestershire WR2 4DB3
£265K01/240.19 mi8, Montreal Close, Lower Wick, Worcester, Worcestershire WR2 4DZ3
£215K06/210.19 mi10, Westmount Close, Worcester, Worcestershire WR2 4EF3
£218K04/210.21 mi23, Mallard Close, Worcester, Worcestershire WR2 4BB3
£225K09/210.21 mi6, Mallard Close, Worcester, Worcestershire WR2 4BB3
£245K07/230.23 mi8, Weyburn Close, Worcester, Worcestershire WR2 4EA3
£222.5K06/210.24 mi10, Hudson Close, Worcester, Worcestershire WR2 4DP3
£230K11/200.24 mi232, Bromwich Road, Worcester, Worcestershire WR2 4BE3
£198.5K03/210.24 mi224, Bromwich Road, Worcester, Worcestershire WR2 4BE3
£228.5K05/210.26 mi93, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4XD3
£133.5K10/230.26 mi103, Canada Way, Lower Wick, Worcester, Worcestershire WR2 4XD3
£335K08/230.29 mi146, Columbia Drive, Lower Wick, Worcester, Worcestershire WR2 4XH3
£230K01/210.31 mi189, Bromwich Road, Worcester, Worcestershire WR2 4AU3
£225K02/210.31 mi175, Bromwich Road, Worcester, Worcestershire WR2 4AU3
£271K03/230.31 mi229, Bromwich Road, Worcester, Worcestershire WR2 4AU3
£240K08/230.33 mi8, Oakville Close, Lower Wick, Worcester, Worcestershire WR2 4XL3
£288K12/230.34 mi19, Whites Road, Worcester, Worcestershire WR2 4BG3
£440K11/220.39 mi135, Columbia Drive, Lower Wick, Worcester, Worcestershire WR2 4XX3
£500K08/230.4 mi29, Hanbury Park Road, Worcester, Worcestershire WR2 4PG3
£480K12/230.45 mi10, Earlsdon Road, Worcester, Worcestershire WR2 4PF3
£233.5K05/230.45 mi140, Bromwich Road, Worcester, Worcestershire WR2 4AS3
£255K12/200.47 mi18, Margaret Road, Worcester, Worcestershire WR2 4LR3
£280K05/230.47 mi30, Margaret Road, St Johns, Worcester, Worcestershire WR2 4LR3
£363K08/230.47 mi3, Hanbury Avenue, Worcester, Worcestershire WR2 4JW3
£510K11/220.5 mi16, Manor Road, Worcester, Worcestershire WR2 4PD3
£253.5K09/230.5 mi53, Margaret Road, St Johns, Worcester, Worcestershire WR2 4LX3
£425K04/230.52 mi39, Swinton Lane, Worcester, Worcestershire WR2 4JP3
£390K02/210.53 mi204, Malvern Road, Worcester, Worcestershire WR2 4LL3
£310K02/230.55 mi44, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£260K11/200.55 mi44, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£195K08/210.55 mi3, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£235K12/210.55 mi8, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£263K10/220.55 mi14, Bloomfield Road, Worcester, Worcestershire WR2 4JN3
£245K12/230.57 mi17, Jubilee Road, Worcester, Worcestershire WR2 4LY3
£302K08/230.6 mi3, Georgina Avenue, Worcester, Worcestershire WR2 4LZ3
£302K08/230.6 mi3, Georgina Avenue, Worcester, Worcestershire WR2 4LZ3
£220K01/210.62 mi3, Kingsbury Road, Worcester, Worcestershire WR2 4JH3
£185K10/210.62 mi22, Kingsbury Road, Worcester, Worcestershire WR2 4JH3
£297.5K01/210.66 mi1, Boughton Park Close, Worcester, Worcestershire WR2 4HJ3

Local Rents

52 rents from £625/mo to £3.5K/mo, average is £963/mo.

RentDateDistanceAddressBeds 
£1,54511/240.09 miFranklin Close, Worcester4
£3,50002/240.55 mi-7
£3,50002/240.55 mi-7
£87503/250.73 mi-2
£95011/240.73 mi-3
£99511/240.76 miBasin Road, WORCESTER2
£1,25011/240.77 miMillwright House, Basin Road, Worcester, Worcestershire, WR5 3GR2
£80011/240.77 miLockwheel House, Diglis1
£1,10008/240.78 mi-2
£1,10011/240.78 miLockwheel House, 4 Woodhouse Close, Worcester, WR52
£1,20011/240.78 miWoodhouse Close, Worcester, Worcestershire, WR52
£1,15011/240.83 miWoodhouse Close, Riverbank Court, WR52
£97502/250.84 mi-2
£67511/240.85 mi7 Malvern Road, Worcester, Worcestershire, WR21
£89511/240.86 miCordwainers Court, Willis Place, Worcester2
£1,45011/240.87 miCrossley Road, Worcester, Worcestershire, WR54
£97511/240.87 miWillis Place, WORCESTER2
£79511/240.89 miSwanpool Walk, Worcester St. Johns, Worcester1
£68011/240.9 miFlat 7, Cinderella Court, Watery Lane, Worcester2
£1,10002/240.91 mi-4
£1,30011/240.92 miCrossley Road, Worcester3
£97502/250.92 mi-2
£99511/240.95 miBakers Mews, St Johns, Worcester St. Johns, Worcester3
£89511/240.96 miCavalier Crescent, Worcester, Worcestershire, WR52
£1,79903/250.98 mi-4
£79511/240.98 mi**New Build **One Bedroom Flat, Bromyard Road, Worcester1
£95011/240.98 miOrchard Street, WORCESTER3
£99511/240.99 mi3 Orchard Mews, Orchard Street, Worcester, Worcestershire, WR52
£1,10002/250.99 mi-2
£79511/240.99 miArmstrong Drive, Diglis, Worcester, WR11
£1,25011/241 miApartment 21, Waters Reach, Armstrong Drive, Worcester, Worcestershire, WR1 2GH2
£97502/241.01 mi-1
£85011/241.01 miBath Road, Worcester, WR52
£1,19511/241.01 miSentinel Close, Worcester WR23
£92503/251.02 mi-2
£97511/241.03 miBromyard Terrace, Worcester St. Johns, Worcester3
£85002/241.04 mi-2
£85002/241.04 mi-2
£90001/251.04 mi-2
£85011/241.04 miHappy Land North1
£62511/241.05 miStudio Apartments, 32-34 St. Johns, Worcester1
£92511/241.05 miApartment2
£83011/241.05 mi-2
£89511/241.06 mi**LET AGREED** Diglis Road, WR52
£1,20012/241.07 mi-1
£85011/241.07 miBozward Street, Worcester, Worcestershire, WR22
£1,00011/241.09 miSnowdrop Way, Rushwick2
£95011/241.12 miCider Mill Close, Rushwick, Worcester, WR22
£85011/241.12 miLapal Close, Worcester2
£85011/241.14 miSt Wulstans Court, Bath Road, Worcester, WR52
£79511/241.15 mi-1
£1,05011/241.15 mi-2

Local Area Statistics

Population in WR2

29,799

Population in Worcester

142,140

Town centre distance

1.42 miles away

Nearest school

0.60 miles away

Nearest train station

1.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-23%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £330,000

February 26, 2025

Floor Plans

Description

  • Popular Lower Wick Location +
  • Kitchen Diner & Downstairs WC +
  • Dual Aspect Lounge +
  • Scope to Extend (STPP) +
  • Three Bedrooms +
  • Garage +

Discover this spacious three-bedroom home in the sought-after Lower Wick area, offering a dual-aspect lounge, an open-plan kitchen/diner, and exciting potential to extend (STPP). With a garage, driveway, and a generous garden, this property is perfect for families or those looking for a home which can grow with them. Don't miss out on this fantastic opportunity—schedule your viewing today! Located in the highly sought-after area of Lower Wick, this spacious three-bedroom home offers a fantastic opportunity for families or those looking to add value with future extensions (subject to planning permission). The property boasts a well-proportioned dual-aspect lounge, providing a bright and airy living space with double doors leading to the rear garden. The L-shaped kitchen/diner serves as the heart of the home, offering ample storage, work surfaces, and a great space for entertaining or family meals. The built in appliances include a double oven at height, dishwasher and washing machine. If desired, the rear of the property could be further extended, subject to the necessary planning permissions. A convenient downstairs WC is located off the entrance hall, adding to the practicality of the home. Upstairs, the property features three bedrooms—two doubles and a well-sized single—alongside a family bathroom and an additional separate WC. Externally, the property benefits from a garage and driveway, providing secure parking and extra storage. Outside, the garden offers a large patio area perfect for outdoor dining and entertaining. The rest of the garden is laid to lawn with mature borders and a mature tree adding to the character of the space.  Location: Located in Lower Wick, on the outskirts of St John's and just a short distance from Worcester City Centre, this area offers a strong sense of community. Residents enjoy a variety of local shops, businesses, and eateries, all within walking distance, along with a nearby sports centre in St John's. Excellent transport links include frequent bus services from Columbia Drive into the city, as well as convenient road connections to Malvern, Hereford, and Leominster. The property is also within walking distance of well-regarded primary schools and Christopher Whitehead Language College. Please read the following: These particulars are for general guidance only and are based on information supplied and approved by the seller. Complete accuracy cannot be guaranteed and may be subject to errors and/or omissions. They do not constitute a contract or part of a contract in any way. We are not surveyors or conveyancing experts therefore we cannot and do not comment on the condition, issues relating to title or other legal issues that may affect this property. Interested parties should employ their own professionals to make enquiries before carrying out any transactional decisions. Photographs are provided for illustrative purposes only and the items shown in these are not necessarily included in the sale, unless specifically stated. The mention of any fixtures, fittings and/or appliances does not imply that they are in full efficient working order, and they have not been tested. All dimensions are approximate. We are not liable for any loss arising from the use of these details.  Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £30 (including VAT) per property. This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini. Rooms - Garage - 5.09m x 2.36m (16'8" x 7'8") WC - 1.59m x 1.37m (5'2" x 4'5") Lounge - 6.55m x 3.62m (21'5" x 11'10") Kitchen/Diner - 6m x 5.01m (19'8" x 16'5") max Stairs To First Floor Landing Main Bedroom - 3.66m x 3.56m (12'0" x 11'8") Bedroom 2 - 3.66m x 2.92m (12'0" x 9'6") Bedroom 3 - 2.73m x 2.28m (8'11" x 7'5") Bathroom - 1.8m x 1.69m (5'10" x 5'6") WC - 1.39m x 0.87m (4'6" x 2'10")

Agent Details

Arden Estates, Worcester

01905 672319

Next Steps?

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

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