Worcester, Worcestershire, WR5
CH

Worcester, Worcestershire, WR5

By Chancellors

£ 325,000

Reviews

2 out of 5 stars

Chancellors says ..

** Great investment opportunity awaits a buy to let purchaser looking to five apartments all with sitting tenants. For more information please call our Worcester branch. ** PLEASE NOTE THIS PROPERTY WILL BE GOING TO AUCTION. GUIDE PRICE £350,000-£375,000

Property Oracle says ..

This five-bedroom property in Worcester, Worcestershire, is presented as a potential investment opportunity. The location in the Cathedral area is potentially advantageous, close to transport links, schools (including primary schools), and amenities. However, the provided photographs reveal a mixed condition. Some areas, such as the modern kitchen, seem well-maintained, while others require renovation. The garden, though present, appears to be relatively small. The property’s list price of £325,000 requires careful consideration. While some nearby properties are listed at similar prices, the available data is limited and lacks crucial details about their condition and square footage. Therefore, a comprehensive survey is crucial to fully assess the property’s structural soundness and market value. The current state suggests the potential for rental income, particularly given the five bedrooms, but substantial renovation will be needed before commanding a higher price in the open market. Prospective buyers should factor in potential refurbishment costs when considering this property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
4
Bedrooms
5
Bathrooms
0
Sqft (est)
1,953.00

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 £
Est sale value
537,075.00 £
Increased by 0.36 %
from 535,122.00 £
Average area rental value
1,012.00 £/mo
Increased by 13.33 %
from 893.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.97 %
Decreased by 0.50 %
from 3.99 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Chancellors created the listing.

Nearby Schools

NameTypeOfstedDistance
Sunflower Children'S CentreChildren's Centre Linked Site0.14 KM
Saffron Children'S CentreChildren's Centre0.14 KM
Newbridge SchoolAcademy Alternative Provision Sponsor Led0.20 KM
Stanley Road Primary SchoolAcademy Converter0.21 KM
Fort RoyalCommunity Special SchoolGood0.34 KM

Images

Outside View Reception/Kitchen Outside View Kitchen Reception Bedroom Bedroom Reception/Kitchen Bathroom Outside View

Nearby Streets

NameAverage PriceAverage SqftDistance
Richmond Hill £ 000.00 KM
St Paul's Street £ 000.00 KM
Royal Albert Close £ 000.00 KM
Saint Martin's Gate £ 000.00 KM
Clare Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Worcester Shrub Hill4891WOS0.57 KM
Worcester Foregate Street4893WOF1.18 KM
Worcestershire Parkway6580WOP6.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Worcester, Worcestershire, WR5 £ 300,000BUYUnknown0.00 KM
Vincent Road, Worcester £ 215,000BUY6 / 100.01 KM
Vincent Road, Worcester £ 195,000BUYUnknown0.05 KM
Vincent Road, Worcester £ 225,000BUY7 / 100.05 KM
Vincent Road, Worcester, Worcestershire, WR5 1AY £ 210,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
56 Vincent Road £ 165,0000.01 KM
70 Vincent Road £ 160,0000.01 KM
98 Vincent Road £ 75,0000.01 KM
74 Vincent Road £ 93,0000.01 KM
28 Vincent Road £ 155,0000.01 KM