The Cross, Worcester, WR1
MC

The Cross, Worcester, WR1

By McGowan Housing

£ 530,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Multi-Unit Property | Buy-to-Let Opportunity | Tenants Currently Situated | Portfolio of Commercial Unit and 2 one-bedroom flats | Modern Kitchen & Bathroom | Allocated Parking Available | City Centre Location - Perfect for Renters!

Property Oracle says ..

This property at The Cross, Worcester, presents a mixed bag of opportunities and challenges. Its location in the Cathedral area of Worcester is undeniably attractive, offering easy access to the train station, various shops and businesses, and schools. However, its condition demands considerable attention. The property requires extensive renovation and refurbishment. The internal photos reveal unfinished rooms, exposed wood flooring, and walls and fixtures in disrepair. Potential buyers will need to factor in a substantial renovation budget. Given the central location and the potential for a well-renovated property, it has value in the long term for someone looking to complete a large renovation project. However, the lack of information on plot size, the current state of disrepair, and the limited nearby comparable sale prices make it difficult to decisively judge the value relative to cost. The absence of garden space is also a notable drawback. In summary, this property is well-located, but requires substantial investment and renovation. Prospective buyers should carefully assess the scope of necessary renovations and associated costs before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
3
Location
8
Land
1
Bedrooms
6
Bathrooms
2

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
306,076.00 £
Increased by 13.87 %
from 268,791.00 £
Average area rental value
1,012.00 £/mo
Increased by 13.33 %
from 893.00 £/mo
Est rental Yield
3.97 %
Decreased by 0.50 %
from 3.99 %
Crime Rate
93.00 %
Unchanged by 0.00 %
from 93.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
The King'S SchoolOther Independent School0.65 KM
Royal Grammar School WorcesterOther Independent School0.90 KM
St George'S Catholic Primary SchoolVoluntary Aided SchoolGood1.21 KM
Saffron Children'S CentreChildren's Centre1.24 KM
Sunflower Children'S CentreChildren's Centre Linked Site1.24 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hop Market £ 000.00 KM
St Swithin's Street £ 000.00 KM
Crowngate Chapel Walk £ 000.00 KM
Harrington Road £ 216,00000.00 KM
Netherton Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Worcester Foregate Street4893WOF0.20 KM
Worcester Shrub Hill4891WOS1.36 KM
Worcestershire Parkway6580WOP7.97 KM

Nearby Properties

AddressPriceDistance
6 Sansome Place £ 312,5000.21 KM
49 Broad Street £ 135,0000.23 KM
45 Broad Street £ 305,0000.24 KM
33 The Shambles £ 375,0000.27 KM
7 Pump Street £ 185,0000.33 KM