Henwick Road, Worcester
BL

Henwick Road, Worcester

By Black Pear Lettings Ltd

£ 435,000

Reviews

3 out of 5 stars

Black Pear Lettings Ltd says ..

A great opportunity to purchase this HMO student investment property situated within a 8 minute walk to the University. The property is set over 4 floors and boasts generous room sizes. The communal are comprises of a fully fitted kitchen with numerous additional appliances, and a lounge area. ...

Property Oracle says ..

This property on Henwick Road in Worcester presents a solid investment opportunity as a House of Multiple Occupation (HMO). Its location is advantageous, with close proximity to the University of Worcester, local schools, and transportation links. While the property requires some cosmetic improvements and modernisation, its existing features, such as the garden and off-street parking, add to its appeal. The asking price is justifiable given its potential rental income and HMO status. A strategic renovation could significantly increase its value and attractiveness to potential tenants. The property is located within a vibrant area of Worcester, offering a blend of residential comfort and urban convenience. The nearby schools and university make it an attractive location for families and students alike. The transportation links ensure easy access to other parts of the city and beyond. Overall, this property offers a promising investment with the potential for strong returns.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
6
Bedrooms
7
Bathrooms
3
Sqft (est)
415.49

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
403,000.00 £
Increased by 26.22 %
from 319,294.00 £
Est sale value
136,280.72 £
Decreased by 0.61 %
from 137,111.70 £
Average area rental value
1,667.00 £/mo
Increased by 74.74 %
from 954.00 £/mo
Est letting value
415.49 £/mo
from 0.00 £/mo
Est rental Yield
4.96 %
Increased by 38.16 %
from 3.59 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Black Pear Lettings Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Oldbury Park Primary Rsa AcademyAcademy Converter0.26 KM
University Of WorcesterHigher Education Institutions0.54 KM
St Clement'S Cofe PrimaryAcademy Converter0.90 KM
Perryfields Primary Pupil Referral UnitPupil Referral UnitOutstanding1.13 KM
Riversides SchoolAcademy Special Sponsor LedGood1.18 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Holywell Hill £ 000.00 KM
King Stephen's Mount £ 1,000,00000.00 KM
Horsford Road £ 000.00 KM
Gheluvet Mews £ 000.00 KM
Langdale Road £ 476,66700.00 KM

Nearby Transport

NameNLCTLCDistance
Worcester Foregate Street4893WOF1.92 KM
Worcester Shrub Hill4891WOS3.25 KM
Worcestershire Parkway6580WOP9.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Henwick Road, Worcester £ 435,000BUY6 / 100.00 KM
Worcester, Worcestershire £ 420,000BUY7 / 100.02 KM
Henwick Road, Worcester, Worcestershire, WR2 5PD £ 430,000BUYUnknown0.02 KM
Henwick Road, Worcester, WR2 £ 430,000BUY5 / 100.03 KM
Worcester, Worcestershire £ 550,000BUY7 / 100.05 KM

Nearby Properties

AddressPriceDistance
185 Henwick Road £ 405,0000.01 KM
183 Henwick Road £ 180,0000.01 KM
167 Henwick Road £ 235,0000.01 KM
163 Henwick Road £ 290,0000.01 KM
165 Henwick Road £ 400,0000.01 KM