1-bedroom flat · WR1 2BX
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the ever popular Diglis area of Worcester, and within walking distance of the city centre, this well presented top floor apartment has been finished to a high specification and benefits from a secure car parking space and communal courtyard garden.
Situated in the ever popular Diglis area of Worcester, and within walking distance of the city centre, this well presented top floor apartment has been finished to a high specification and benefits from a secure car parking space and communal courtyard garden.
The property, with double glazing and electric heating, briefly comprises: Entrance hallway with intercom entry system, utility cupboard housing the hot water tank and also having space and plumbing for a washing machine; Open Plan Living Room/Kitchen enjoying roof top views, fitted with a range of wall and base units and integrated appliances to include electric oven, induction hob with extractor above, microwave, slimline dishwasher and fridge freezer; Double bedroom enjoying roof top views and benefitting from built in wardrobes; Shower room fitted with a white suite comprising a large walk in shower enclosure, concealed cistern WC and wash basin.
Communal Areas: A communal front door with intercom entry system opens to the entrance foyer with a lift providing access to all floors and the underground parking complex, a staircase also providing access to the floors above and a door leading out to a communal courtyard garden area with raised and planted borders and a selection of benches.
. Parking; The apartment benefits from an allocated parking space in a secure and gated underground car park accessed by infrared remote control.
A fob operated security door situated only a few steps from the parking space then provides lift access to the foyer and all floors above. Early viewing is recommended.
Permitted payments and tenant protection information As well as paying the rent, Eden Midcalf also require you to make the following permitted payments.
• A holding deposit (a maximum of 1 week's rent); • Security Deposit (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above); • Payments to change a tenancy agreement eg.
change of sharer (£50); • Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); • Utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence; • Council tax (payable to the billing authority); • Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate); • Reasonable costs for replacement of lost keys or other security devices; • Contractual damages in the event of the tenant's default of a tenancy agreement; and • Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.
Tenant protection In addition to publishing relevant fees, lettings agents are also required to publish details of the redress scheme and Client Money Protection scheme they are members of: • Eden Midcalf are members of the Property Redress Scheme • Eden Midcalf are members of Safeagent Client Money Protection Scheme Edit | DeleteEdit | Delete
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 24 Austin Court, 2 Mill Street
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