1-bedroom flat · DY12 2DN
Opportunity summary
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About
Offered with no upward chain, this charming ground-floor studio apartment forms part of a Grade II listed building, ideally positioned just off Bewdley’s High Street.
Despite its central setting, the property enjoys a wonderfully rural backdrop, with Park Alley lying directly on the Worcestershire Way trail, placing woodland walks and open countryside just moments from the doorstep.
With gas central heating, the layout is well thought out and finished to a high standard, including a versatile living area and separate contemporary kitchen.
Outside, the studio benefits from access to an attractive communal garden with a lawn, patio, and seating area, together with a private wooden shed allocated to each apartment.
Combining a secluded rural feel with the convenience of a town-centre location, 1 Park Alley presents an ideal opportunity for a first-time buyer or those seeking a peaceful retirement home and falls within Council Tax Band A.
Accommodation: Steps rise to the front entrance, which opens to a welcoming entrance hall forming a useful cloakroom area. There is a part-glazed inner door leading to the main living space.
Living Area: The characterful living area features a fireplace with log burner stove, wood-effect laminate flooring, radiator and a window to the front elevation.
There are doors to the kitchen, bathroom and to a useful store cupboard housing the combi boiler and offering hanging space.
To complete the space, there is a well-positioned sleeping nook, providing a cosy and partially enclosed area, which includes an ottoman double bed frame.
Kitchen: Fitted with a range of white, high-gloss base units complemented by wooden worktops, the kitchen incorporates an electric oven with four-ring hob, a black sink and drainer unit with mixer tap and space and plumbing for under-counter laundry and fridge appliances.
There is a window to the front, a radiator, wall shelving and a loft access hatch.
Bathroom: The neatly presented bathroom is appointed with a white suite comprising a bath and mixer tap with a fitted shower over, pedestal wash basin with waterfall mixer tap and push-button flush WC, along with complementary tiled surrounds, tiled flooring, a radiator, heated towel rail and a window to the front elevation.
Outside: The apartment is accessed via a passageway off the High Street and is part of a Grade II listed building divided into four apartments, with the studio itself separate from the other three on the ground floor.
Steps lead to the front door, where there are two outside wall lights and an external power point.
Residents benefit from access to a neatly landscaped communal garden featuring a patio seating area and lawn, along with a private wooden shed designated to each apartment.
While there is no allocated parking, there is ample on-street parking and several public car parks nearby and residents note how much they appreciate it’s quiet and secluded setting that is still conveniently close to the local amenities.
Location: Park Alley forms part of the Worcestershire Way trail and within moments of leaving the property you can enjoy beautiful woodland walks and open fields where cattle graze.
Despite its rural surroundings, the apartment offers excellent convenience, with Bewdley’s wide range of amenities just a short walk away.
The town offers an excellent choice of pubs, cafés, and restaurants, together with independent shops, craft studios, a brewery, a museum, various sports clubs, and a number of churches.
Nestled on the banks of the River Severn at the edge of the Wyre Forest, Bewdley has been described as “the most perfect small town in Worcestershire.
Ideally situated around 20 miles southwest of Birmingham and 15 miles north of Worcester, Bewdley enjoys superb transport links via the M5, M6, M40, and M42.
Birmingham International Airport is approximately 45 minutes away, while nearby Kidderminster station provides regular rail services to Worcester, Malvern, Birmingham, and London.
Tenure: Share of the freehold (a share of the freehold is currently being acquired.
If the purchase of the property completes before the freehold is acquired, the buyer will sign a deed of adherence to assume the share of the freehold) Services: All mains services are connected Local Authority: Wyre Forest District Council Council Tax: Band A
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Park Alley, High Street, Bewdley
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