1-bedroom flat · WR5 1AU
For saleReduced £5k (−4.2%) on 2 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
City centre - first floor flat overlooking the canal Leaders are pleased to present to market this One Bedroom first floor apartment situated within this sought after central location of Worcester.
Being within close proximity to many local amenities including retail shops and local supermarket, walking distance in Worcester town centre and great access to nearby Shrub hill train station this property would make the ideal first time buy or buy to let investment.
Property comprises in detail; Entrance hallway, open plan living/kitchen with views towards the Worcester canal, double bedroom with bathroom.
Further benefits to this property include electric heating and double glazing. Parking for one vehicle. This property is leasehold with 154 years remaining on the current lease term.
The annual service charge is approximately £100pcm there is no ground rent. The council tax is band B ***viewing highly advised not to miss out***
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 6, Amber Reach,, Spring Lane, Worcestershire
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