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Norton, Worcester, Worcestershire

West Midlands

£495,000
Listed on 11/04/2025

Property Details

Bedrooms
3
Type
Detached house
Area
975 sqft

Description

This property presents a unique opportunity for renovation and potential development in a desirable location just southeast of Worcester city center. The south-facing detached bungalow, while in need of modernization, offers a solid foundation for transforming it into a contemporary home. The interior features an 'L' shaped hallway that leads to a cozy sitting room with views of the front garden and a fireplace equipped with a stove. The dual-aspect kitchen includes fitted units and a separate pantry, ideal for culinary enthusiasts. This single-level living space also accommodates two double bedrooms and a smaller third bedroom, along with a family bathroom that retains its classic charm. The exterior boasts an enclosed private garden enriched with mature trees and shrubs, providing tranquility and privacy. A gated driveway offers off-road parking, enhancing convenience. Notably, the property includes adjoining land that has received Permission in Principle for the construction of up to four additional dwellings (W/22/01835/PIP), presenting significant investment potential. Situated within the vibrant village of Norton, residents have easy access to local amenities such as St Peters Garden Centre, eateries, and recreational options like the Worcestershire shooting club and croquet club. With excellent transport links to Junction 7 of the M5 motorway and Worcestershire Parkway train station—both less than five minutes away—commuting to Birmingham or London is straightforward. Additionally, families will appreciate the proximity to reputable state and private schools, including Nunnery Wood High School and The Royal Grammar School. The grounds extend to approximately 0.81 acres, providing ample space for both current use and future development possibilities. While the bungalow's fixtures and fittings are excluded from sale unless separately negotiated, this property represents an exceptional canvas for both personal habitation and investment growth in an area poised for further development. Interested parties are encouraged to conduct their own investigations regarding services; mains water, electricity, and private drainage are present on-site but have not been tested by the selling agents. This freehold property comes under the jurisdiction of Wychavon District Council with a Council Tax Band D designation. For those looking to explore renovation or investment opportunities in a promising locale, this property merits thorough consideration. Viewings can be arranged strictly by appointment through Fisher German LLP.

Investment Analysis

(WR5 area)

Above Market Value

This property is priced +63.7% above area average per sq ft

+63.7%
This Property
£508/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£332,529
10% above area average per sq ft
Potential ROI
-42.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (WR5)

Area prices are falling by +2.9% over the last 12 months
3 year growth: 0.9%
5 year growth: 11.3%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,813
Based on a loan of £371,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE