3 Bed Semi-Detached House, Single Let, Worcester, WR4 9QU, £160,000

Lilac Avenue, Worcester, WR4 9QU - 4 views - 20 days ago

Auction
BTL
ROI: 7%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£135K - £285K
Sold Prices/m²£1.6K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£200,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£825 - £1,790

Rent Estimate

£988

Running Costs/mo

£718

Cashflow/mo

£270

Cashflow/yr

£3,245

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £135K to £285K, average is £189.1K. £1.6K/m² to £4.1K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£176K03/210.05 mi11, May Avenue, Worcester, Worcestershire WR4 9QP3
£175.5K01/210.11 mi123, Rose Avenue, Worcester, Worcestershire WR4 9QN3
£197.5K12/210.12 mi97, Rose Avenue, Worcester, Worcestershire WR4 9RB3
£165K07/210.12 mi169, Tolladine Road, Worcester, Worcestershire WR4 9QH3
£187.5K01/210.13 mi15, Oriel Close, Worcester, Worcestershire WR4 9QD3
£205K12/200.15 mi12, Merton Close, Worcester, Worcestershire WR4 9QF3
£205K07/210.16 mi152, Holly Mount Road, Worcester, Worcestershire WR4 9SJ3
£235K11/220.17 mi2, Keble Close, Worcester, Worcestershire WR4 9QE3
£205K09/230.17 mi14, Keble Close, Worcester, Worcestershire WR4 9QE3
£182K05/210.17 mi17, Keble Close, Worcester, Worcestershire WR4 9QE3
£168.3K12/210.18 mi100, Hollymount, Worcester, Worcestershire WR4 9SF3
£156K12/200.18 mi45, Hollymount, Worcester, Worcestershire WR4 9SF3
£250K12/220.19 mi120, Holly Mount Road, Worcester, Worcestershire WR4 9SG3
£217.5K09/210.2 mi42, Tunnel Hill, Worcester, Worcestershire WR4 9SD3
£227.5K05/210.21 mi31, Michael Tippet Drive, Worcester, Worcestershire WR4 9EH3
£152.5K05/210.21 mi10, Birch Avenue, Worcester, Worcestershire WR4 9SH3
£185K05/230.23 mi30, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£215K06/210.23 mi8, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£198K09/210.23 mi13, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£250K10/230.23 mi9, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£245K09/230.23 mi7, Wolsey Close, Worcester, Worcestershire WR4 9ES3
£180K06/230.24 mi23c, Avon Road, Worcester, Worcestershire WR4 9AF3
£135K12/200.24 mi43, Tunnel Hill, Worcester, Worcestershire WR4 9RP3
£189K10/210.25 mi6, Portefields Road, Worcester, Worcestershire WR4 9RE3
£157.5K12/200.25 mi29, Portefields Road, Worcester, Worcestershire WR4 9RE3
£165K08/230.28 mi8, Laurel Road, Worcester, Worcestershire WR4 9RT3
£225K08/210.28 mi37, Albany Road, Worcester, Worcestershire WR3 8EY3
£189.3K01/210.28 mi10, Wilson Street, Worcester, Worcestershire WR3 8NH3
£285K08/230.3 mi71, Newtown Road, Worcester, Worcestershire WR5 1HH3
£140K06/210.31 mi35b, Teme Road, Worcester, Worcestershire WR4 9AW3
£230K12/220.34 mi9, Chiltern Close, Worcester, Worcestershire WR4 9DY3
£142K01/210.34 mi39, Sycamore Road, Worcester, Worcestershire WR4 9RU3
£218K02/240.35 mi17, Humber Road, Worcester, Worcestershire WR5 1LY3
£245K05/230.36 mi46, Newtown Road, Worcester, Worcestershire WR5 1HJ3
£180K11/230.36 mi35, Astwood Road, Worcester, Worcestershire WR3 8ER3
£210K12/220.37 mi136, Lansdowne Road, Worcester, Worcestershire WR3 8JA3
£160K11/230.39 mi200, Medway Road, Ronkswood, Worcester, Worcestershire WR5 1LL3
£210K04/230.39 mi19, Lutterworth Close, Worcester, Worcestershire WR4 9AY3
£210K08/230.4 mi11, Solent Road, Worcester, Worcestershire WR5 1LG3
£152K04/210.4 mi2, Solent Road, Worcester, Worcestershire WR5 1LD3
£186K06/230.4 mi9, Belmont Street, Worcester, Worcestershire WR3 8NN3
£210K06/210.4 mi145, Tunnel Hill, Worcester, Worcestershire WR4 9SA3
£285K11/220.4 mi39, Kenwood Avenue, Worcester, Worcestershire WR4 9BL3
£172K03/230.4 mi18, Mersey Road, Worcester, Worcestershire WR5 1LR3
£160K01/210.41 mi53, Kenwood Avenue, Worcester, Worcestershire WR4 9BL3
£182K12/200.41 mi66, Kenwood Avenue, Worcester, Worcestershire WR4 9BL3
£192K12/200.41 mi74, Kenwood Avenue, Worcester, Worcestershire WR4 9BL3
£260K12/220.41 mi59, Kenwood Avenue, Worcester, Worcestershire WR4 9BL3
£152K01/210.41 mi101, Avon Road, Worcester, Worcestershire WR4 9AQ3
£160K04/210.41 mi99, Avon Road, Worcester, Worcestershire WR4 9AQ3

Local Rents

16 rents from £825/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95011/240 miLilac Avenue, WORCESTER3
£1,05010/240.23 mi-3
£1,15303/250.24 mi-3
£1,40011/240.24 mi-3
£1,15010/240.3 mi-3
£1,20002/250.38 mi-3
£1,25011/240.43 mi-3
£1,25006/240.43 mi-3
£1,35002/250.44 mi-3
£1,00002/240.45 mi-3
£1,20003/250.51 mi-3
£1,05011/240.52 miApartment 6, Autumn Terrace, Worcester3
£1,79004/250.55 mi-3
£1,20011/240.56 miMayfield Avenue, Worcester, Worcestershire, WR33
£1,35011/240.57 mi-3
£82511/240.58 miLower Chestnut Street, Worcester, Worcestershire, WR13

Local Area Statistics

Population in WR4

26,127

Population in Worcester

142,140

Town centre distance

0.80 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £160,000

March 26, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • THREE BEDROOMS +
  • SEMI DETACHED +
  • PARKING +
  • REAR GARDEN +
  • CLOSE TO CITY CENTRE +

SUMMARY
Connells are delighted to present this semi-detached home offering sitting room, dining kitchen, three bedrooms and driveway with off road parking situated in the popular location of Worcester.

DESCRIPTION
Connells are delighted to present this semi-detached home offering sitting room, dining kitchen, three bedrooms and driveway with off road parking situated in the popular location of Worcester.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Location 
This home is situated in the area of Tolladine, which offers a variety of amenities including shops, take aways and bus routes. It gives access to Worcester City Centre and rail links from Shrub Hill Station and Foregate Street Station. There are Primary Schools with Hollymount School within easy reach and secondary school being Tudor Grange Academy.
Junction 6 of the M5 is approximately 2miles away, giving access to the North and South. Also close to Blackpole industrial park with Mazak and Worcester Bosch within easy access.

Accommodation Details 
The property comprises of entrance hall, sitting room, dining kitchen, three bedrooms and bathroom.

The property further benefits from having driveway and enclosed rear garden.

Ground Floor 

Entrance Hall 
Door to sitting room, stairs to first floor, ceiling light, double panel radiator.

Sitting Room 13' 11" x 11' 5" ( 4.24m x 3.48m )
Front facing uPVC double glazed window, door to dining kitchen, ceiling light, two wall lights, double panel radiator, Adam style fireplace with gas fire.

Dining Kitchen 18' 5" x 9' 7" ( 5.61m x 2.92m )
Two rear facing uPVC double glazed windows, patio door to rear garden, cooker with cooker hood over, single bowl sink drainer unit, space and plumbing for washing machine, plumbing for dishwasher, spotlights, wooden laminate flooring.

First Floor Landing 
Doors to all bedrooms and bathroom, access to loft hatch, ceiling light.

Bedroom One 11' 3" x 9' 5" ( 3.43m x 2.87m )
Front facing uPVC double glazed window, ceiling light, single panel radiator.

Bedroom Two 11' 7" x 8' 7" ( 3.53m x 2.62m )
Rear facing uPVC double glazed window, ceiling light, single panel radiator.

Bedroom Three 9' 8" x 8' 5" ( 2.95m x 2.57m )
Rear facing uPVC double glazed window, ceiling light, single panel radiator.

Bathroom 
Side facing uPVC obscure double glazed window, bath with shower over, wash hand basin, WC, part tiled walls, shaver point, ceiling light, wooden laminate flooring.

Outside Front 
To the front of the property there is a lawned foregarden with paved driveway providing off road parking.

Outsde Rear 
To the rear of the property there is an enclosed garden which is mainly laid to lawn with established boundaries and mature shrubs.

Services 
All mains are connected to the property.

DIRECTIONS
From the Connells Warndon Villages branch turn left off Ankerage Green onto Mill Wood Drive, at the roundabout take the third exit onto Woodgreen Drive to the next roundabout. Take the first exit onto Middle Hollow Drive a follow the road joining onto Tolladine Road, follow the road for some time and take right turn onto Rose Avenue. Take the first left onto Lilac Avenue where the property will be on your left hand side.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Warndon Villages

01905 674628

Next Steps?

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