3 Bed Bungalow, Cash/Bridging Only, Worcester, WR3 7QE, £450,000





ValuationOvervalued
Sold Prices | £191.8K - £555.6K |
Sold Prices/m² | £2.4K/m² - £4.8K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £4.8K/m² |
Value Estimate | £306,323£306,323 |
| |
End Value (After Refurb) | £415,000£415,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £112,500£112,500 |
Stamp Duty & Legal Fees | £33,700£33,700 |
Refurb Costs | £36,550£36,550 |
Bridging Loan Interest | £11,813£11,813 |
Total Cash In | £196,313£196,313 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £415,000£415,000 |
Mortgage (After Refinance) | £311,250£311,250 |
Mortgage LTV | 75%75% |
Cash Left In | £196,313£196,313 |
Equity | £103,750£103,750 |
Rent Range | £550 - £3,000£550 - £3,000 |
Rent Estimate | £1,019 |
Running Costs/mo | £1,521£1,521 |
Cashflow/mo | £-502£-502 |
Cashflow/yr | £-6,020£-6,020 |
Gross Yield | 3%3% |
Local Sold Prices
50 sold prices from £191.8K to £555.6K, average is £327.5K. £2.4K/m² to £4.8K/m², average is £3.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£555.6K | 06/21 | 0.04 mi | 8, Bevere Drive, Worcester, Worcestershire WR3 7QE | £4,177 | 133 | 3 | Detached House | |
£365K | 06/21 | 0.07 mi | 10, Grange Avenue, Worcester, Worcestershire WR3 7QA | £2,992 | 122 | 3 | Semi-Detached House | |
£350K | 09/23 | 0.07 mi | 35, Grange Avenue, Worcester, Worcestershire WR3 7QB | - | - | 3 | Detached House | |
£303.5K | 10/23 | 0.07 mi | 429, Ombersley Road, Worcester, Worcestershire WR3 7DQ | £3,350 | 91 | 3 | Semi-Detached House | |
£330K | 01/23 | 0.08 mi | 427, Ombersley Road, Worcester, Worcestershire WR3 7DQ | - | - | 3 | Semi-Detached House | |
£330K | 09/21 | 0.11 mi | 404, Ombersley Road, Worcester, Worcestershire WR3 7DH | £2,705 | 122 | 3 | Semi-Detached House | |
£197.6K | 06/21 | 0.12 mi | 15, Courtland Close, Worcester, Worcestershire WR3 7RB | £2,670 | 74 | 3 | Terraced House | |
£281K | 01/21 | 0.12 mi | 34, Willowslea Road, Worcester, Worcestershire WR3 7QP | £2,906 | 97 | 3 | Semi-Detached House | |
£226K | 10/21 | 0.12 mi | 45, Willowslea Road, Worcester, Worcestershire WR3 7QP | - | - | 3 | Terraced House | |
£335K | 09/23 | 0.14 mi | 19, Leabank Drive, Worcester, Worcestershire WR3 7RA | - | - | 3 | Semi-Detached House | |
£450K | 08/23 | 0.14 mi | 7, Green Lane, Bevere, Worcester, Worcestershire WR3 7QG | £3,600 | 125 | 3 | Detached House | |
£335K | 07/23 | 0.14 mi | 27, Bevere Close, Worcester, Worcestershire WR3 7QH | - | - | 3 | Detached House | |
£350K | 10/20 | 0.14 mi | 3, Bevere Close, Worcester, Worcestershire WR3 7QH | £3,302 | 106 | 3 | Detached House | |
£350K | 01/21 | 0.14 mi | 5, Bevere Close, Worcester, Worcestershire WR3 7QH | £3,271 | 107 | 3 | Detached House | |
£353K | 12/22 | 0.15 mi | 20, Leabank Drive, Worcester, Worcestershire WR3 7QZ | - | - | 3 | Semi-Detached House | |
£325K | 06/23 | 0.15 mi | 28, Leabank Drive, Worcester, Worcestershire WR3 7QZ | £3,824 | 85 | 3 | Semi-Detached House | |
£273K | 09/21 | 0.17 mi | 36, Colin Road, Worcester, Worcestershire WR3 7DB | £3,545 | 77 | 3 | Semi-Detached House | |
£362.5K | 03/23 | 0.18 mi | 33, Whinfield Road, Worcester, Worcestershire WR3 7HF | £3,856 | 94 | 3 | Semi-Detached House | |
£280K | 08/21 | 0.18 mi | 27, Whinfield Road, Worcester, Worcestershire WR3 7HF | - | - | 3 | Semi-Detached House | |
£305K | 12/20 | 0.18 mi | 33, Whinfield Road, Worcester, Worcestershire WR3 7HF | £3,245 | 94 | 3 | Semi-Detached House | |
£254K | 03/21 | 0.18 mi | 55, Whinfield Road, Worcester, Worcestershire WR3 7HF | - | - | 3 | Semi-Detached House | |
£375K | 10/23 | 0.21 mi | 6, Leslie Avenue, Worcester, Worcestershire WR3 7DF | £4,808 | 78 | 3 | Semi-Detached House | |
£420K | 03/23 | 0.22 mi | 17, Green Lane, Bevere, Worcester, Worcestershire WR3 7QQ | £3,962 | 106 | 3 | Semi-Detached House | |
£270K | 02/21 | 0.22 mi | 242, Northwick Road, Worcester, Worcestershire WR3 7QT | £3,253 | 83 | 3 | Detached House | |
£342K | 02/23 | 0.22 mi | 23, Meadow Road, Worcester, Worcestershire WR3 7PP | - | - | 3 | Semi-Detached House | |
£398K | 01/21 | 0.22 mi | 51, Meadow Road, Worcester, Worcestershire WR3 7PP | £3,289 | 121 | 3 | Detached House | |
£272K | 01/23 | 0.22 mi | 6, Meadow Road, Worcester, Worcestershire WR3 7PP | - | - | 3 | Semi-Detached House | |
£395K | 04/21 | 0.22 mi | 38, Meadow Road, Worcester, Worcestershire WR3 7PP | £3,713 | 106 | 3 | Detached House | |
£432K | 09/23 | 0.22 mi | 37, Meadow Road, Worcester, Worcestershire WR3 7PP | £3,927 | 110 | 3 | Detached House | |
£205K | 06/21 | 0.23 mi | 17, Colin Road, Worcester, Worcestershire WR3 7DE | - | - | 3 | Semi-Detached House | |
£257.5K | 01/21 | 0.23 mi | 9, Colin Road, Worcester, Worcestershire WR3 7DE | £3,259 | 79 | 3 | Semi-Detached House | |
£295K | 09/23 | 0.23 mi | 224, Northwick Road, Worcester, Worcestershire WR3 7EH | £3,734 | 79 | 3 | Semi-Detached House | |
£322.4K | 07/23 | 0.23 mi | 37, Dorothy Crescent, Worcester, Worcestershire WR3 7DD | £3,504 | 92 | 3 | Detached House | |
£310K | 04/21 | 0.23 mi | 13, Dorothy Crescent, Worcester, Worcestershire WR3 7DD | £3,039 | 102 | 3 | Semi-Detached House | |
£275K | 08/21 | 0.23 mi | 28, Dorothy Crescent, Worcester, Worcestershire WR3 7DD | £3,618 | 76 | 3 | Semi-Detached House | |
£213.5K | 04/21 | 0.25 mi | 173, Northwick Road, Worcester, Worcestershire WR3 7EJ | £2,426 | 88 | 3 | Semi-Detached House | |
£312K | 12/22 | 0.25 mi | 49, Dorothy Crescent, Worcester, Worcestershire WR3 7DD | - | - | 3 | Semi-Detached House | |
£385K | 11/22 | 0.26 mi | 8, Philip Road, Worcester, Worcestershire WR3 7HH | - | - | 3 | Detached House | |
£542K | 11/20 | 0.29 mi | 91, Cornmeadow Lane, Worcester, Worcestershire WR3 7PL | £4,371 | 124 | 3 | Detached House | |
£296.5K | 06/21 | 0.3 mi | 7, Lucerne Close, Worcester, Worcestershire WR3 7NA | £3,851 | 77 | 3 | Detached House | |
£349K | 06/21 | 0.3 mi | 20, The Grove, Worcester, Worcestershire WR3 7NZ | £3,233 | 108 | 3 | Semi-Detached House | |
£505K | 12/20 | 0.33 mi | 13, Beckett Road, Worcester, Worcestershire WR3 7NH | - | - | 3 | Detached House | |
£311K | 04/21 | 0.34 mi | 20, Cornmeadow Lane, Worcester, Worcestershire WR3 7NY | £3,298 | 94 | 3 | Semi-Detached House | |
£263.5K | 06/21 | 0.35 mi | 110, Cornmeadow Lane, Worcester, Worcestershire WR3 7PW | £2,878 | 92 | 3 | Semi-Detached House | |
£191.8K | 01/21 | 0.36 mi | 11a, St Annes Road, Worcester, Worcestershire WR3 7PE | - | - | 3 | Semi-Detached House | |
£260K | 06/21 | 0.37 mi | 10, Morrin Close, Worcester, Worcestershire WR3 7PF | £2,989 | 87 | 3 | Semi-Detached House | |
£367.5K | 02/21 | 0.39 mi | 162, Northwick Road, Worcester, Worcestershire WR3 7EG | £2,669 | 138 | 3 | Semi-Detached House | |
£352.5K | 11/20 | 0.39 mi | 164, Northwick Road, Worcester, Worcestershire WR3 7EG | £3,176 | 111 | 3 | Semi-Detached House | |
£310K | 11/22 | 0.4 mi | 15, Eltric Road, Worcester, Worcestershire WR3 7NU | - | - | 3 | Semi-Detached House | |
£455K | 03/23 | 0.4 mi | 6, St Moritz Close, Worcester, Worcestershire WR3 7ND | £4,292 | 106 | 3 | Detached House |
Local Rents
50 rents from £550/mo to £3K/mo, average is £900/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,200 | 12/24 | 0.09 mi | - | 3 | Terraced House | |
£1,500 | 02/25 | 0.19 mi | - | 3 | Semi-Detached House | |
£675 | 11/24 | 0.28 mi | Cornmeadow Lane, Worcester | 1 | Flat | |
£860 | 11/24 | 0.65 mi | - | 2 | Flat | |
£875 | 07/24 | 0.65 mi | - | 2 | Flat | |
£1,125 | 11/24 | 0.67 mi | Chalfont Close, Northwick, Worcester, WR3 | 3 | Terraced House | |
£850 | 11/24 | 0.87 mi | Barbourne Works, Northwick Avenue, Worcester, WR3 | 2 | Flat | |
£895 | 11/24 | 0.88 mi | Perdiswell Street, Worcester, WR3 | 2 | Terraced House | |
£550 | 11/24 | 0.95 mi | Ombersley Road, Barbourne, Worcester, WR3 | 1 | Flat | |
£2,200 | 11/24 | 0.99 mi | 1 Greenhill Farm Barns, Hallow, Worcester | 3 | Flat | |
£950 | 01/25 | 1.02 mi | - | 2 | Terraced House | |
£1,395 | 02/25 | 1.03 mi | - | 3 | Semi-Detached House | |
£550 | 10/24 | 1.09 mi | - | 1 | Flat | |
£550 | 04/25 | 1.09 mi | - | 1 | Flat | |
£850 | 11/23 | 1.11 mi | - | 2 | Terraced House | |
£900 | 12/24 | 1.11 mi | - | 2 | Terraced House | |
£950 | 02/25 | 1.12 mi | - | 2 | Terraced House | |
£925 | 04/25 | 1.14 mi | - | 2 | Semi-Detached House | |
£825 | 10/24 | 1.14 mi | - | 1 | Flat | |
£875 | 11/24 | 1.14 mi | - | 1 | Flat | |
£820 | 11/24 | 1.16 mi | - | 2 | Flat | |
£1,250 | 11/24 | 1.2 mi | Barbourne Lane, Worcester | 3 | Detached House | |
£3,000 | 04/25 | 1.21 mi | - | 3 | Semi-Detached House | |
£950 | 11/24 | 1.21 mi | **LET AGREED** Hallow, WR2 | 2 | Flat | |
£895 | 03/25 | 1.22 mi | - | 1 | Terraced House | |
£625 | 11/24 | 1.25 mi | *LET AGREED*Barbourne, WR1 | 1 | Flat | |
£795 | 11/24 | 1.25 mi | Barbourne Road, Worcester, Worcestershire, WR1 | 2 | Flat | |
£1,100 | 11/24 | 1.25 mi | Somers Road, Barbourne, Worcester, WR1 | 3 | Detached House | |
£925 | 03/25 | 1.27 mi | - | 2 | Semi-Detached House | |
£1,000 | 11/24 | 1.29 mi | The Lane, WORCESTER | 2 | Flat | |
£2,200 | 11/24 | 1.31 mi | Moseley Road, Hallow, Worcester, Worcestershire, WR2 | 4 | Detached House | |
£1,300 | 11/24 | 1.31 mi | - | 3 | Terraced House | |
£1,350 | 04/25 | 1.31 mi | - | 3 | Terraced House | |
£900 | 11/24 | 1.31 mi | Kiln Crescent, Worcester, Worcestershire, WR3 | 2 | Terraced House | |
£1,050 | 03/25 | 1.32 mi | - | 3 | Terraced House | |
£900 | 07/24 | 1.34 mi | - | 2 | Flat | |
£1,200 | 07/23 | 1.34 mi | - | 3 | Semi-Detached House | |
£975 | 11/24 | 1.36 mi | Gregorys Bank, Barbourne, Worcester, WR3 | 2 | Detached House | |
£750 | 11/24 | 1.38 mi | Tredennyke House, Barbourne Terrace | 1 | Flat | |
£900 | 11/24 | 1.38 mi | St. Georges Lane South, Barbourne, Worcester, WR1 | 2 | Flat | |
£1,250 | 11/24 | 1.41 mi | Ribston Close, St. Johns, Worcester, WR2 | 3 | Flat | |
£895 | 11/24 | 1.44 mi | Old Baskerville, Barbourne Road, Worcester | 2 | Flat | |
£750 | 11/24 | 1.46 mi | Flat 7, Old Baskerville, Barbourne Road, Worcester, Worcestershire, WR1 1RU | 2 | Flat | |
£850 | 11/24 | 1.46 mi | Thorneloe Place, Thorneloe Walk, Worcester, Worcestershire, WR1 | 2 | Flat | |
£1,125 | 11/24 | 1.5 mi | Monarch Drive, Worcester, WR2 | 3 | Detached House | |
£695 | 11/24 | 1.5 mi | Haydn House, Cumberland Street, Worcester | 1 | Flat | |
£1,790 | 04/25 | 1.51 mi | - | 3 | Semi-Detached House | |
£850 | 11/24 | 1.51 mi | Barbourne Road, Worcester, WR1 | 2 | Flat | |
£695 | 11/24 | 1.51 mi | - | 1 | Flat | |
£725 | 08/24 | 1.51 mi | - | 1 | Flat |
Local Area Statistics
Population in WR3 | 20,39720,397 |
Population in Worcester | 142,140142,140 |
Town centre distance | 2.45 miles away2.45 miles away |
Nearest school | 0.60 miles away0.60 miles away |
Nearest train station | 2 miles away2 miles away |
| |
Rental growth (12m) | +13%+13% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +25%+25% |
Property History
Listed for £450,000
March 17, 2025
Floor Plans

Description
- Well proportioned three bedroom detached family home +
- Spacious private garden ideal for outdoor activities +
- Generous living room and separate cosy snug +
- Well equipped kitchen with modern practical layout +
- Garage and driveway with ample off road parking +
- Peaceful Worcester location with great transport links +
- Close to schools shops and leisure facilities +
- Easy access to city centre and countryside +
Spacious and versatile, this bungalow with the addition of a first floor bedroom is ideal for those looking to personalise their home and make it truly their own.
• Well proportioned three bedroom detached home offering flexible living space.
• Large private garden, perfect for outdoor relaxation and activities.
• Generous living room and separate snug, ideal for family life and entertaining.
• Well equipped kitchen with modern fittings and a practical layout.
• Garage and driveway providing off road parking for multiple vehicles.
• Located in a desirable Worcester neighbourhood with excellent transport links and amenities.
The living room
This spacious living room offers plenty of room for both relaxation and entertaining. With an accent stone fireplace that creates a focal point for the room and allows the room to be centred around it.
The snug
A welcoming and cosy space, the snug is perfect for relaxed evenings or as an additional family area. Large windows flood the room with natural light, creating a bright and inviting atmosphere.
The kitchen
This well-appointed kitchen boasts a contemporary design with sleek cabinetry, modern appliances and generous worktop space. With ample storage and room for meal preparation, it is both functional and stylish. The room has space for a dining table and there's easy access to the rear garden and a cloakroom.
Bedroom one
The only room that occupies the first floor, this spacious double bedroom is a wonderfully tranquil part of the home. The two west facing windows let in ample light and allow for sunset views further adding to the relaxing allure of the room.
Bedroom two
A well sized bedroom situated on the ground floor, offers flexibility as a bedroom, home office or hobby space. Its practical layout and convenient positioning make it a valuable addition to the home.
Bedroom three
A substantial ground floor bedroom featuring ample space for a double bed and storage. Conveniently located near the main bathroom, it is ideal for guests or family members who prefer single-level living.
The bathroom
This home benefits from a well-appointed main bathroom and an additional cloakroom for convenience. The main bathroom features a bath, shower and essential fittings and with room for modernisation.
The garden
A generous and private rear garden offers an excellent outdoor space, perfect for summer entertaining, gardening or simply relaxing. With a mix of lawn and patio areas, it provides a versatile setting for a variety of outdoor activities.
Situated in a sought-after area of Worcester, this home benefits from a peaceful residential setting while remaining well-connected. The area offers excellent transport links, including easy access to the M5 and nearby train stations for convenient commuting.
A selection of highly regarded schools, local shops and leisure facilities are all within easy reach. The nearby River Severn and local green spaces provide wonderful opportunities for outdoor activities, while Worcester city centre is just a short drive away, offering a vibrant mix of restaurants, shopping and cultural attractions.
This property benefits from mains gas, electric and water.
Council tax band E
Reservation Fee - refundable on exchange
A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.
The fee will be retained by Andrew Grant in the event that you the buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:
1. Any significant material issues highlighted in a survey that were not evident or drawn to the attention of you the buyer prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.
The reservation fee will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over. This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and completion of an assessment of the buyer’s financial status and ability to proceed.
Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and/or the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property.
Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.
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