3 Bed Bungalow, Planning Permission, Worcester, WR5 3JZ, £500,000

Old Road North, Kempsey, Worcester, WR5 3JZ - 23 days ago

Sold STC
Planning
~93 m²
+26 photos

ValuationOvervalued

Sold Prices£230K - £465K
Sold Prices/m²£2.4K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£310,000

 

 

End Value (After Refurb)

£386,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£38,700

Refurb Costs

£36,762

Bridging Loan Interest

£13,125

Total Cash In

£215,337

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£386,000

Mortgage (After Refinance)

£289,500

Mortgage LTV

75%

Cash Left In

£215,337

Equity

£96,500

Rent Range

£695 - £1,650

Rent Estimate

£1,075

Running Costs/mo

£1,441

Cashflow/mo

£-366

Cashflow/yr

£-4,395

Gross Yield

3%

Local Sold Prices

25 sold prices from £230K to £465K, average is £299K. £2.4K/m² to £4.8K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£330K10/230.15 mi52, The Limes, Kempsey, Worcester, Worcestershire WR5 3LG3
£320K06/240.15 mi57, The Limes, Kempsey, Worcester, Worcestershire WR5 3LG3
£392K11/230.21 mi153, Main Road, Kempsey, Worcester, Worcestershire WR5 3LH3
£277.5K10/230.28 mi8, Ellsdon Rise, Kempsey, Worcester, Worcestershire WR5 3NU3
£270K04/230.28 mi40, Ellsdon, Kempsey, Worcester, Worcestershire WR5 3NT3
£335K12/220.3 mi23, Lyfs Lane, Kempsey, Worcester, Worcestershire WR5 3JN3
£245K07/230.31 mi40, St Marys Close, Kempsey, Worcester, Worcestershire WR5 3JX3
£293K05/230.31 mi44, St Marys Close, Kempsey, Worcester, Worcestershire WR5 3JX3
£272K07/240.31 mi29, St Marys Close, Kempsey, Worcester, Worcestershire WR5 3JX3
£310K04/230.33 miHampton Rise, Post Office Lane, Kempsey, Worcester, Worcestershire WR5 3NX3
£360K01/210.35 mi15, Church Street, Kempsey, Worcester, Worcestershire WR5 3JQ3
£465K06/210.35 miNailbourne, Church Street, Kempsey, Worcester, Worcestershire WR5 3JQ3
£280K05/230.35 mi83, Main Road, Kempsey, Worcester, Worcestershire WR5 3JA3
£250K11/210.37 mi12, Squires Walk, Kempsey, Worcester, Worcestershire WR5 3JB3
£280K01/210.37 mi4, Squires Walk, Kempsey, Worcester, Worcestershire WR5 3JB3
£265K03/210.37 mi8, Squires Walk, Kempsey, Worcester, Worcestershire WR5 3JB3
£335K06/210.49 mi1, Farlie Close, Kempsey, Worcester, Worcestershire WR5 3NW3
£299.9K07/210.52 miHolly Trees, Old Road South, Kempsey, Worcester, Worcestershire WR5 3NJ3
£354K08/230.52 mi9, Old Road South, Kempsey, Worcester, Worcestershire WR5 3NJ3
£278.8K02/210.52 mi17, Old Road South, Kempsey, Worcester, Worcestershire WR5 3NJ3
£297.5K04/240.53 mi36, Meadow Close, Kempsey, Worcester, Worcestershire WR5 3NL3
£380K09/210.55 mi12, Byefields, Kempsey, Worcester, Worcestershire WR5 3NN3
£299K01/210.61 mi7, Plovers Rise, Kempsey, Worcester, Worcestershire WR5 3SA3
£230K03/210.69 mi15, Bannut Hill, Kempsey, Worcester, Worcestershire WR5 3NG3
£432K06/210.74 miMeadow Rise, Beauchamp Lane, Callow End, Worcester, Worcestershire WR2 4UQ3

Local Rents

44 rents from £695/mo to £1.6K/mo, average is £997/mo.

RentDateDistanceAddressBeds 
£1,15011/240.28 miEllsdon Rise, Kempsey, WR53
£1,15008/240.32 mi-1
£95011/240.32 mi-1
£92511/241.47 miYarrow Close, WORCESTER2
£1,50008/231.48 mi-4
£1,32511/241.58 miPrimrose Crescent, Worcester3
£1,65011/241.58 miToulouse Drive, Norton, Worcester.4
£90011/241.59 miMandalay Drive, Brockhill Village, WORCESTER2
£1,19503/251.6 mi-2
£85011/241.66 miCrookbarrow Road, Norton2
£1,30011/241.68 miPeninsula Road, Norton, Worcester, WR53
£1,20007/231.7 mi-2
£1,30003/251.7 mi-2
£82511/241.87 miCamberwell Drive, St Peters2
£90011/241.88 miWaseley Close, WORCESTER2
£89511/241.91 miKingfisher Close, Worcester, Worcestershire, WR52
£1,20011/241.93 miGrasshopper Avenue, WORCESTER3
£69511/241.98 miDragonfly Green, WORCESTER1
£85011/242 miStroma Avenue, St Peters, Worcester2
£1,10002/242.08 mi-4
£97502/252.08 mi-2
£1,25011/242.11 miLundy Row, WORCESTER3
£1,40011/242.12 miTiree Avenue, Worcester, WR54
£75011/242.12 mi-1
£1,45003/252.15 mi-3
£99511/242.15 miRansome Avenue, Worcester, WR53
£99902/242.2 mi-2
£99902/252.2 mi-2
£99507/242.21 mi-2
£95011/242.33 miOrchard Street, WORCESTER3
£92503/252.33 mi-2
£1,54511/242.34 miFranklin Close, Worcester4
£85011/242.36 miBath Road, Worcester, WR52
£85002/242.38 mi-2
£85002/242.38 mi-2
£90001/252.38 mi-2
£1,10002/252.41 mi-2
£1,45011/242.41 miThe Drive, Powick, Worcester, WR24
£99511/242.41 mi3 Orchard Mews, Orchard Street, Worcester, Worcestershire, WR52
£1,20012/242.42 mi-1
£89511/242.45 miCavalier Crescent, Worcester, Worcestershire, WR52
£80011/242.47 miLockwheel House, Diglis1
£1,10011/242.48 miLockwheel House, 4 Woodhouse Close, Worcester, WR52
£1,20011/242.48 miWoodhouse Close, Worcester, Worcestershire, WR52

Local Area Statistics

Population in WR5

30,933

Population in Worcester

142,140

Town centre distance

3.12 miles away

Nearest school

0.30 miles away

Nearest train station

2.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £500,000

March 13, 2025

Floor Plans

Description

Charming Detached 2-Bedroom Dormer Bungalow in the Heart of Kempsey

Key Features:

- Potential to Re-instate to 3 Bedrooms: The property offers the flexibility to convert the existing layout, providing ample space for a third bedroom if desired.
- Sought-After Location: Situated on a prestigious street in the center of Kempsey, this bungalow enjoys a prime position with easy access to local amenities.
- Enviable Village Setting: Nestled in a peaceful village, you’ll enjoy the convenience of having shops, schools, and other essential services just a short walk away.
- Privacy & Security: The property benefits from a gated driveway and a wall surrounding the grounds, ensuring privacy and security for you and your family.
- Spacious & Well-Presented: Internally, the bungalow offers generous living space, with a bright and welcoming atmosphere throughout.
- Versatile Layout: With a thoughtful and adaptable layout, the home offers flexibility to suit your individual needs, whether it’s for relaxing or entertaining.
- Mature Garden: The large, well-maintained garden is beautifully cultivated and a haven for local wildlife, providing a serene outdoor space to enjoy the changing seasons.

This detached dormer bungalow presents an exceptional opportunity to enjoy both a quiet and convenient lifestyle in a highly desirable village location. Whether you're seeking a peaceful retreat or a home with potential for growth, this property offers the best of both worlds.

This charming property is located on a quiet and highly sought-after street, just a short walk from the amenities of Kempsey. Accessed through a quaint wooden pedestrian gate, the property is complemented by a resin driveway featuring secure electric double gates, ensuring both privacy and convenience.

The driveway provides ample parking space for two vehicles, while the tandem garage offers room for an additional two cars, making this home ideal for families or those with multiple vehicles.

The front garden is a delightful space, with mature trees and varied planting that attracts a variety of local birds, providing a serene and pleasant outlook. As you approach the property, the smooth resin pathway guides you to the welcoming porch, where you’re invited into a bright and airy interior space.

The sitting room is a bright and inviting space, flooded with natural light from the bay window that frames lovely views of the front garden. A standout feature is the open oak staircase, added by the current owners, which enhances the room’s charm and character. There is plenty of space for furniture, creating a comfortable setting for both relaxation and entertaining. The room’s focal point is the electric fireplace, offering both warmth and an attractive feature for those cosy evenings in.

Leading off the sitting room and offering views over the front garden, the dining room provides ample space for a 6-8 seat dining table—perfect for family meals or entertaining guests. This room offers excellent versatility and could easily serve as a dual-purpose home office, with a hidden cupboard that cleverly houses a desk and chair. Additionally, a convenient serving hatch connects the dining room to the utility room for ease at mealtimes. With its adaptable layout, the room could also be repurposed as a downstairs bedroom, catering to the needs of the owners.

At the rear of the ground floor lies the family kitchen, offering lovely views over the rear garden. The kitchen features a sink beneath the window, making it a pleasant spot to overlook the outdoor space. There is also room for a small table for two, ideal for casual dining or a morning coffee. The kitchen is well-equipped with integrated appliances such a refrigerator, including a Teka hob and Neff oven, along with pebble-effect worktops that add a stylish touch. With ample cupboard space, there’s plenty of room for storage, including an integrated dishwasher, making it both functional and efficient.

The utility room offers additional workspace and is a practical extension of the kitchen. It provides convenient access to the garage, making it easy to store items or move between spaces. There is also a downstairs WC, adding to the home’s practicality, along with direct access to the rear garden, perfect for outdoor tasks or entertaining.

A fabulous snug provides the perfect space for reading or relaxing, offering a peaceful retreat within the home. It also benefits from access to the conservatory, which is a true extension of living space. Unlike typical conservatories, this one has a full roof, ensuring it stays warm and comfortable year-round, making it ideal for use as an additional living area.

French doors open to the resin-paved garden, featuring a spacious patio seating area for six, perfect for outdoor dining or entertaining. The garden itself is a secluded oasis, with a lawn, mature planting, a rockery, garden shed and greenhouse, it is frequented by visiting birds. Positioned south-west facing, the garden enjoys plenty of sunlight. Additionally, there is side access leading to the driveway, providing easy access to the front of the property.

The tandem garage offers generous space and features two windows, allowing natural light to flow into the area. Constructed with single brick, the garage is both sturdy and versatile. The electric garage doors provide added convenience. With potential for conversion (subject to planning permission), this space offers exciting possibilities to create additional living areas, a home office, or a workshop.

Upstairs, the master bedroom is located at the front of the property, offering a dual aspect that fills the room with natural light. It comfortably accommodates a king-sized bed and a dressing table, and benefits from an en-suite shower room featuring a WC, basin, and a heated towel rail for added comfort.

The second bedroom is a spacious double with eaves storage and a dual aspect, creating a bright and airy feel. This room offers the flexibility to be converted back into two separate rooms, as the original doors are still in place, providing a potential option for those seeking additional bedrooms.

The family bathroom is generously sized, featuring a full-size bath, a separate shower, WC, and a vanity basin. It offers ample space for both relaxation and convenience, making it a practical and comfortable family bathroom.

Nestled in the heart of Worcestershire, Kempsey is a sought-after village offering a perfect balance of rural charm and modern convenience. Situated just a few miles south of Worcester, the village enjoys excellent transport links, including easy access to the M5 motorway, making it ideal for commuters.

Kempsey boasts a strong community atmosphere with a range of local amenities, including shops, a post office, traditional pubs and well-regarded schools. The surrounding countryside provides plenty of opportunities for scenic walks, cycling and outdoor activities. With regular bus services and Worcester’s railway connections nearby, Kempsey is a well-connected yet tranquil place to call home.

Mains Water
Mains Electric
Mains Gas
Mains Drainage

Administrative deposit:
Fox Town and Country Homes requires a £1,000.00 deposit payable by the purchaser prior to issuing the Memorandum of Sale. This will be reimbursed at the point of completion. If you decide to withdraw from the purchase this deposit may not be reimbursed and the deposit collected either in part or in full and retained by Fox Town and Country Homes to cover administration and re-marketing costs of the property. THIS IS REFUNDABLE UPON COMPLETION

Should any structural defects be found following a survey of the property - a defective legal title, information gathered by usual searches that your solicitor orders that dramatically affect the value of the property and therefore you have no choice but to withdraw from the purchase, or should the sellers withdraw from the sale, you will be reimbursed the full deposit amount paid.

Agent Details

Fox Town and Country, Worcestershire

01905 674825

Next Steps?

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