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4 bed terraced house for sale

£250,000

Mcintyre Road, Worcester WR2

4 6 1
Interested in this property? Call +44 1926 267659 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Outstanding Portfolio Available
  • 59 Units Across 12 Properties
  • Currently Yielding 10%
  • Scope To Increase Returns
  • High Spec Units Requiring Minimal Upkeep
  • Company With Outstanding History And Reputation
  • Possibility To Extend Some Properties
  • Area Of Increasing Demand

Property description

Calling serious investors!

Purplebricks are pleased to offer to market a fantastic portfolio of 12 student hmo’s within a 5 minutes’ walk of the Saint John’s university campus. With the local council no longer granting student hmo’s licenses and a growing student community this portfolio offers a great opportunity for an investor looking to acquire significant high yielding properties with the potential for extensive growth.

The popularity of the university means the properties are already fully booked for the 2017-18 academic year the company has seen 100% occupancy rates since 2014.

Given that the companies rental rates are significantly below the university’s own properties there is scope for increasing returns beyond the 10% projected in 2017.

The business is being offered for sale due to the owner’s retiring.

For more information please contact or call

Property info

Market activity
Average price paid £233,655 Sales 378 Current average value £250,142 (Zoopla Zed-Index) Value change £800 ▲ 0.32%

Property value data/graphs for WR2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £353,445 £236 3.7 £334,395
Semi-detached £212,576 £216 3.1 £202,694
Terraced £182,715 £208 2.9 £171,560
Flats £141,737 £179 2.0 £116,026

Current asking prices in WR2

Average: £296,964
Avg. current asking prices in WR2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £210,995
(10)
£243,660
(15)
£349,783
(23)
£581,667
(3)
Flats £122,500
(2)
£147,999
(5)
- - -
All £122,500
(2)
£189,996
(15)
£243,660
(15)
£349,783
(23)
£581,667
(3)

Current asking rents in WR2

Average: £595 pcm
Avg. current asking prices in WR2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £406 pcm
(9)
£795 pcm
(2)
£779 pcm
(3)
£727 pcm
(7)
£900 pcm
(3)
Flats £425 pcm
(14)
£734 pcm
(3)
- £412 pcm
(1)
-
All £417 pcm
(23)
£758 pcm
(5)
£779 pcm
(3)
£688 pcm
(8)
£900 pcm
(3)

Fun facts for WR2

Highest value in WR2
Highest value streets Zed-Index
Grimley, Worcester WR2 £554,220
Peachley Lane £548,357
Broadheath Common £543,733
Bell Lane £535,091
Hill View Road £529,116
Highest turnover in WR2
Highest turnover streets Turnover
Blakefield Gardens 63.6%
Maund Street 50.0%
Essex Close 46.2%
Coronation Avenue 46.2%
Manitoba Close 45.5%

What Zoopla users think of Worcester

Overall rating:

  • currently 4 stars
Very good - 80% (128 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Worcester:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Worcester Foregate Street (0.9 miles)
  • Worcester Shrub Hill (1.4 miles)
  • Malvern Link (5.6 miles)
  • Birmingham International Airport (27.7 miles)
  • Coventry Airport (34.5 miles)
  • East Midlands Airport (58.7 miles)
  • Sharpness Old Docks (33.8 miles)
  • Lydney Harbour (35.1 miles)
  • Bristol Docks Ferry Landing (51.4 miles)

Nearby schools

View all schools in Worcester
  • St Clement's CofE Primary (0.2 miles)
  • Our Lady Queen of Peace Catholic Primary (0.3 miles)
  • Oldbury Park Primary School (0.5 miles)
  • New College Worcester (ISP) (2.3 miles)
  • Worcester Sixth Form College (2.3 miles)
  • Droitwich Spa High School and Sixth Form Centre (6.2 miles)
  • Christopher Whitehead Language College (0.4 miles)
  • The King's School (0.9 miles)
  • Royal Grammar School Worcester (1.0 mile)
Note: Distances are straight line measurements

Local info for Worcester

About the neighbours in WR2

AskMe Q&A for Worcester

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For more information about this property, please contact
Purplebricks, Head Office, B90 on +44 1926 267659 * (local rate)

Monthly running costs Beta

£1,044 Monthly total
Mortgage
Purchase price
Deposit (10%) 25,000
Repayment term 25
Interest rate 1.5
Your payment £899 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £11/mo (£137/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £41 Electricity £53 Estimated energy cost £94/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 16000 kWh/year
Electricity: 4500 kWh/year

Source: National Energy Efficiency Data Framework

Water Supply £23 Sewerage £17 Estimated water cost £40 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Purplebricks, Head Office about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Purplebricks, Head Office, and do not constitute property particulars. Please contact Purplebricks, Head Office for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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