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Bilford Road, Worcester WR3

West Midlands

£400,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1110 sqft

Description

This well-extended three-bedroom bungalow offers a unique opportunity for renovation and investment in a sought-after area of Worcester. With generous living spaces, the property features a bright lounge, modern kitchen diner, and both bathroom and en suite facilities. The extension has created an inviting interior ideal for family living as well as entertaining. The wraparound garden enhances the property's appeal, providing various outdoor spaces for potential landscaping or further development. Notably, there is approved planning permission (Ref: P14M0126) for constructing a double garage or outbuilding, allowing for additional versatility in use or rental potential. The property is equipped with ample off-road parking on a private driveway and benefits from its close proximity to local amenities and transport links. This combination of features presents an excellent canvas for future enhancements, whether to adapt current spaces or capitalize on the outer areas, making it attractive to buyers looking to invest in this growing region.

Investment Analysis

(WR3 area)

Above Market Value

This property is priced +21.0% above area average per sq ft

+21.0%
This Property
£360/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£363,614
10% above area average per sq ft
Potential ROI
-17.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WR3)

Area prices are falling by -3.5% over the last 12 months
3 year growth: +1.7%
5 year growth: +7.9%
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

Bilford Road, Worcester WR3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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