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Northwick Road, Worcester - Image 1
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Northwick Road, Worcester

West Midlands

£215,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1141 sqft

Description

This two-bedroom terraced house presents a promising opportunity for renovation in the popular WR3 area of Northwick. While the property is currently functional, it offers ample scope for modernisation to enhance its appeal and value. The location is beneficial, with various local amenities such as shops, schools, and parks within walking distance, while also providing convenient access to Worcester city centre and transport links. Inside, features include a lounge with an electric fireplace, a dining room that connects to the kitchen, which is equipped with basic units and appliances. The shower room could benefit from updating to meet contemporary standards. Additionally, the cellar provides extra storage or conversion potential. The property boasts an attic room, which could be transformed into a third bedroom with appropriate modifications. Outside, there's off-road parking available and a manageable rear courtyard garden. Overall, this residence holds great potential for first-time buyers or investors looking for a project in a sought-after area.

Investment Analysis

(WR3 area)

Below Market Value

This property is priced -36.8% below area average per sq ft

-36.8%
Potential saving
This Property
£188/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£374,396
10% above area average per sq ft
Potential ROI
+52.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (WR3)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 3.5%
5 year growth: 17.0%
Investment Disclaimer: Analysis based on WR3 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

Northwick Road, Worcester
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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
£788
Based on a loan of £161,250 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