Norton, Worcester, Worcestershire
FI

Norton, Worcester, Worcestershire

By Fisher German

£ 525,000

Reviews

3 out of 5 stars

Fisher German says ..

Exciting development opportunity in highly convenient location.

Property Oracle says ..

This three-bedroom bungalow in Norton, Worcestershire, presents a unique opportunity but requires careful consideration. Its significant selling point is the substantial 0.81-acre plot, offering ample space for renovation, extension, or landscaping. The location benefits from a blend of rural charm and good access to amenities and transport links, including proximity to well-regarded schools and the Worcestershire Parkway train station. However, the property is presented in a dated condition. The provided photographs reveal outdated interiors, from the pink bathroom and green carpets to the outdated kitchen. A complete renovation would be needed to enhance living standards. Outbuildings are present but appear dilapidated. The list price of £525,000 requires evaluation against the substantial renovation costs, although comparable nearby properties suggest pricing within the acceptable range for the area. Potential buyers should factor in a comprehensive budget for refurbishment and assess the potential return on investment after factoring in these considerable costs. Overall, it’s a property with considerable potential but needing substantial financial investment to reach its full value.

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
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
979.52

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
262,500.00 £
Decreased by 37.91 %
from 422,748.00 £
Est sale value
352,627.20 £
Decreased by 6.74 %
from 378,094.72 £
Average area rental value
1,000.00 £/mo
Decreased by 35.73 %
from 1,556.00 £/mo
Est letting value
979.52 £/mo
Unchanged by 0.00 %
from 979.52 £/mo
Est rental Yield
4.57 %
Increased by 3.39 %
from 4.42 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Fisher German created the listing.

Nearby Schools

NameTypeOfstedDistance
Whittington Cofe Primary SchoolVoluntary Controlled SchoolGood1.24 KM
New College Worcester (Nmss)Non-maintained Special SchoolGood1.86 KM
Norton Juxta Kempsey Cofe Primary SchoolAcademy Converter2.24 KM
Worcester Sixth Form CollegeAcademy 16-19 ConverterGood2.33 KM
Nunnery Wood High SchoolAcademy ConverterGood2.35 KM

Images

Hallway Bathroom Land Sitting Room Kitchen Land Land Land Driveway Sales Plan Aerial View Front Elevation Bedroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Old Road £ 000.00 KM
Crookbarrow Way £ 000.00 KM
Grasshopper Avenue £ 000.00 KM
Crookbarrow Way £ 260,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Worcestershire Parkway6580WOP3.12 KM
Worcester Shrub Hill4891WOS4.28 KM
Worcester Foregate Street4893WOF5.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norton, Worcester, Worcestershire £ 525,000BUY6 / 100.00 KM
Peninsula Road, Brockhill Village, Norton, Worcester, WR5 £ 295,000BUY6 / 100.29 KM
Dunkirk Drive, Norton, WR5 2SG £ 375,000BUY7 / 100.39 KM
Peninsula Road, Norton, Worcester, WR5 £ 375,000BUY7 / 100.39 KM
47 Peninsula Road, Norton, Worcester. WR5 2SE £ 500,000BUY7 / 100.39 KM

Nearby Properties

AddressPriceDistance
11 Dunkirk Drive £ 287,5000.39 KM
7 Dunkirk Drive £ 172,0000.39 KM
20 Dunkirk Drive £ 245,0000.39 KM
21 Dunkirk Drive £ 300,0000.39 KM
26 Dunkirk Drive £ 272,5000.39 KM