4 Bed House, Single Let, Worcester, WR1 3BU, £700,000

Loves Grove, Worcester, Worcestershire, WR1 3BU - 13 days ago

BTL
~129 m²
+16 photos

ValuationOvervalued

Sold Prices£150K - £1.1M
Sold Prices/m²£1.8K/m² - £5.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.4K/m²

Value Estimate

£355,457

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£61,200

Total Cash In

£236,200

 

 

Cash Out

 

Rent Range

£825 - £3,060

Rent Estimate

£1,050

Running Costs/mo

£2,418

Cashflow/mo

£-1,367

Cashflow/yr

£-16,410

Gross Yield

2%

Local Sold Prices

49 sold prices from £150K to £1.1M, average is £370K. £1.8K/m² to £5.2K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£495K04/210.04 mi41, Moor Street, Worcester, Worcestershire WR1 3DB4
£710K11/220.07 mi15, Britannia Square, Worcester, Worcestershire WR1 3DG4
£905K08/230.07 mi4, Britannia Square, Worcester, Worcestershire WR1 3DG4
£457K03/210.11 miYork House, The Moors, Worcester, Worcestershire WR1 3EE4
£350K01/210.13 mi40, Severn Terrace, Worcester, Worcestershire WR1 3EH4
£300K05/210.13 mi21, Severn Terrace, Worcester, Worcestershire WR1 3EH4
£425K11/210.13 mi14, Severn Terrace, Worcester, Worcestershire WR1 3EH4
£750K01/210.14 mi22, Britannia Square, Worcester, Worcestershire WR1 3DH4
£1.1M05/230.17 mi43, Britannia Square, Worcester, Worcestershire WR1 3DN4
£325K06/210.17 mi1, The Lane, Worcester, Worcestershire WR1 1AE4
£675K12/200.21 mi9, Albany Terrace, Worcester, Worcestershire WR1 3DU4
£662K04/210.21 mi18, Albany Terrace, Worcester, Worcestershire WR1 3DU4
£283K09/210.21 mi20, Arboretum Road, Worcester, Worcestershire WR1 1NB4
£340K04/210.23 mi5, York Place, Worcester, Worcestershire WR1 3DR4
£260K12/200.26 mi10, Leicester Street, Worcester, Worcestershire WR1 3HU4
£710K10/220.31 mi23, Stephenson Road, Worcester, Worcestershire WR1 3EB4
£312.5K08/230.32 mi15, Lion Court, Worcester, Worcestershire WR1 1UT4
£340K10/220.32 mi55, Lion Court, Worcester, Worcestershire WR1 1UT4
£290.5K04/210.34 mi39, Sansome Place, Worcester, Worcestershire WR1 1UA4
£360K03/210.35 mi11, Fountain Place, Worcester, Worcestershire WR1 3HW4
£708K06/230.36 mi20, Shrubbery Avenue, Worcester, Worcestershire WR1 1QH4
£305K10/220.37 mi53, Lansdowne Road, Worcester, Worcestershire WR1 1SP4
£700K01/210.4 mi5, St Georges Square, Worcester, Worcestershire WR1 1HX4
£750K11/210.41 mi8, St Georges Square, Worcester, Worcestershire WR1 1HX4
£421K09/230.44 mi84, Shrubbery Avenue, Worcester, Worcestershire WR1 1QP4
£332.5K09/230.44 mi82, Shrubbery Avenue, Worcester, Worcestershire WR1 1QP4
£818K09/230.46 mi7, Barbourne Terrace, Worcester, Worcestershire WR1 3JS4
£670K10/230.46 mi9, Barbourne Terrace, Worcester, Worcestershire WR1 3JS4
£318K02/210.48 mi60, Shrubbery Road, Worcester, Worcestershire WR1 1QR4
£275K12/220.48 mi20, Hardwicke Close, Worcester, Worcestershire WR2 5NX4
£573K02/230.48 mi132, Henwick Road, Worcester, Worcestershire WR2 5PB4
£425K10/230.48 mi16, Woodbine Road, Worcester, Worcestershire WR1 3JB4
£437.5K02/210.49 mi140, Henwick Road, Worcester, Worcestershire WR2 5PB4
£405K04/210.53 mi80, Somers Road, Worcester, Worcestershire WR1 3JJ4
£210K05/230.54 mi58a, Henwick Road, Worcester, Worcestershire WR2 5NT4
£450K05/220.55 mi37, Somers Road, Worcester, Worcestershire WR1 3JJ4
£316K12/220.55 mi2, Bishops Avenue, Worcester, Worcestershire WR3 8XA4
£150K06/230.58 mi21, Pitchcroft Lane, Worcester, Worcestershire WR1 3JP4
£370K07/230.6 mi51, Rainbow Hill, Worcester, Worcestershire WR3 8NF4
£255K08/230.63 mi45, Henwick Avenue, Worcester, Worcestershire WR2 5JB4
£430K11/210.65 mi10, Waterworks Road, Worcester, Worcestershire WR1 3EX4
£271K04/210.68 mi187, Henwick Road, Worcester, Worcestershire WR2 5PG4
£325K12/230.68 mi69, Waterworks Road, Worcester, Worcestershire WR1 3EY4
£540K03/210.69 mi20, Droitwich Road, Worcester, Worcestershire WR3 7LJ4
£240K10/210.69 miLock Cottage, Lock Street, Worcester, Worcestershire WR5 1AL4
£250K06/230.71 mi23, Belmont Street, Worcester, Worcestershire WR3 8NN4
£355K02/210.72 mi97, Comer Road, Worcester, Worcestershire WR2 5HY4
£212K10/210.73 mi15, Astwood Road, Worcester, Worcestershire WR3 8ES4
£450K06/230.76 mi34, Laugherne Road, Worcester, Worcestershire WR2 5LS4

Local Rents

18 rents from £825/mo to £3.1K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20004/250.06 mi-4
£1,30011/240.08 miThe Tything, Worcester3
£1,30004/250.17 mi-3
£1,35011/240.23 miHebb Street, Worcester, Worcestershire, WR13
£3,06011/240.26 miChestnut Street, Worcester6
£1,75011/240.27 miMagdala Court, The Butts, Worcester, WR14
£89510/240.29 mi-3
£1,30011/240.3 miGregorys Mill Street, Worcester, Worcestershire, WR33
£1,35011/240.37 mi-3
£1,05011/240.37 miLowell Street, Worcester, Worcestershire, WR14
£82511/240.38 miLower Chestnut Street, Worcester, Worcestershire, WR13
£1,05003/250.48 mi-3
£1,10011/240.56 miSomers Road, Barbourne, Worcester, WR13
£1,40011/240.57 miHenwick Road, Worcester, WR24
£1,25011/240.61 miBarbourne Lane, Worcester3
£1,30011/240.61 mi-3
£1,35004/250.61 mi-3
£1,90012/240.62 mi-4

Local Area Statistics

Population in WR1

9,229

Population in Worcester

142,140

Town centre distance

0.71 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £700,000

April 1, 2025

Floor Plans

Description

  • Four Bedroom House +
  • Additional Annexe Space +
  • Off Road Parking For Three Vehicles +
  • Three Reception Rooms +
  • Kitchen-Diner +
  • Walking Distance To City Centre +
  • EPC Rating - D +
  • Ultrafast, Superfast & Standard Broadband +

This outstanding six bedroom property offers a rare blend of spacious family living and an income-generating annexe, all within the heart of the city. Boasting a beautifully extended main house alongside a self-contained two bedroom annexe, this home is ideal for multi-generational living or continued use as a successful Airbnb, currently yielding an impressive £23,000 per year.

The main house spanning over 1900 sqft features a thoughtfully designed layout, including an extended lounge, a formal dining room, and a dedicated family room/office space. The well-appointed kitchen-diner, complete with a utility room, serves as the heart of the home, while a modern family bathroom and a convenient downstairs WC cater to busy households. The annexe offers a stylish open-plan kitchen, dining, and living area with additional shower room ensuring privacy and independence for guests or relatives.

Externally, the property benefits from a private courtyard garden and a fore garden, creating a tranquil retreat in a vibrant urban setting. A single garage and off-road parking for three vehicles—an exceptional advantage in this sought-after location—enhance the home's practicality. With its prime city centre position and flexible living arrangements, this property presents an unparalleled opportunity for families seeking both space and investment potential.

Agent Details

Nicol & Co, Worcester

01905 975013

Next Steps?

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