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 %
- Est sale value
- 537,075.00 £Increased by 0.36 %
- Average area rental value
- 1,012.00 £/moIncreased by 13.33 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.97 %Decreased by 0.50 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Chancellors created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Sunflower Children'S Centre | Children's Centre Linked Site | 0.14 KM | |
| Saffron Children'S Centre | Children's Centre | 0.14 KM | |
| Newbridge School | Academy Alternative Provision Sponsor Led | 0.20 KM | |
| Stanley Road Primary School | Academy Converter | 0.21 KM | |
| Fort Royal | Community Special School | Good | 0.34 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Richmond Hill | £ 0 | 0 | 0.00 KM |
| St Paul's Street | £ 0 | 0 | 0.00 KM |
| Royal Albert Close | £ 0 | 0 | 0.00 KM |
| Saint Martin's Gate | £ 0 | 0 | 0.00 KM |
| Clare Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Worcester Shrub Hill | 4891 | WOS | 0.57 KM |
| Worcester Foregate Street | 4893 | WOF | 1.18 KM |
| Worcestershire Parkway | 6580 | WOP | 6.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Worcester, Worcestershire, WR5 | £ 300,000 | BUY | Unknown | 0.00 KM |
| Vincent Road, Worcester | £ 215,000 | BUY | 6 / 10 | 0.01 KM |
| Vincent Road, Worcester | £ 225,000 | BUY | 7 / 10 | 0.05 KM |
| Vincent Road, Worcester | £ 195,000 | BUY | Unknown | 0.05 KM |
| Vincent Road, Worcester, Worcestershire, WR5 1AY | £ 210,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Vincent Road | £ 119,000 | 0.01 KM |
| 42 Vincent Road | £ 147,000 | 0.01 KM |
| 60 Vincent Road | £ 157,500 | 0.01 KM |
| 96 Vincent Road | £ 88,000 | 0.01 KM |
| 34 Vincent Road | £ 161,000 | 0.01 KM |