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Norton, Worcester, Worcestershire

West Midlands

£480,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
975 sqft

Description

This south-facing detached bungalow presents a notable renovation and development opportunity, set on an expansive plot of 0.81 acres. The property requires modernisation, making it ideal for buyers looking to invest in a project with significant potential for enhancement. The existing bungalow features an L-shaped hallway, three bedrooms, a family bathroom, and a dual-aspect kitchen with ample storage space including a pantry. The living area overlooks the front garden and features a fireplace with a stove, adding character that could be further capitalised upon during renovations. Additionally, the property boasts adjoining land that has received Permission in Principle for the construction of up to four additional dwellings (W/22/01835/PIP). This aspect significantly increases the investment appeal by allowing for future development alongside the refurbishment of the existing dwelling. The enclosed garden offers privacy and is complemented by mature trees and shrubs. Located conveniently near Worcester city centre, this property benefits from excellent transport links, local amenities including schools, and community facilities like St Peters Garden Centre. Comprehensive planning will be necessary to navigate the development process for new builds; however, this site undoubtedly promises substantial returns on investment due to its strategic position and potential for modernisation.

Investment Analysis

(WR5 area)

Above Market Value

This property is priced +58.9% above area average per sq ft

+58.9%
This Property
£492/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£332,314
10% above area average per sq ft
Potential ROI
-40.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
70%
Properties sold annually

Local Market Trend (WR5)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -2.3%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on WR5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Norton, Worcester, Worcestershire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,731
Based on a loan of £360,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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