1-bedroom flat · DY12 2DZ
Listing removedListed 220 days
Opportunity summary
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About
A generous second floor one bedroom apartment set within a wonderful Grade ll listed building in sought after Bewdley.
The apartment includes off-road parking for one car within a private resident’s car park and an attractive communal courtyard garden.
The property offers a spacious, well presented layout including a large lounge/dining room. Located within walking distance of town amenities and beautiful walks along the River Severn.
The Accommodation: Stairs in a communal ground floor lobby rise to the second floor, where a door opens to the reception hallway.
The reception hall is also used as a study area and includes a central heating radiator, a wooden floor, door to a built-in storage cupboard, and doors to the lounge/dining room, kitchen, bedroom and bathroom.
The lounge/dining room forms a fantastic large reception room, including a lovely high ceiling, two sash windows to the front elevation, a feature fireplace surround and a central heating radiator.
The kitchen is appointed with a range of light grey wooden units and incorporates a stainless-steel sink/drainer unit with a mixer tap, recess for an electric cooker, recess and plumbing for a washing machine, recess for a fridge freezer, base and wall mounted cupboards, wall mounted cupboards, Halstead combination central heating boiler, central heating radiator, part tiling to the walls and a window to the side elevation.
The bedroom is a double room with a window to the rear elevation (enjoying pleasant views towards the Severn Valley Railway and the River Severn), a central heating radiator and a wooden floor.
The bathroom is appointed with a white suite and includes a bath, with a fitted Triton electric shower and full height tiling to the surrounds; wall mounted wash basin, low-level flush WC, tiled floor, central heating radiator and a window to the rear elevation.
Outside: The apartment enjoys one allocated off-road parking space within a private resident’s car park, together with an attractive communal courtyard rear garden.
Location: Situated on the banks of the River Severn and the edge of the Wyre Forest, Bewdley has been described as “the most perfect small town in Worcestershire”.
The town enjoys a good choice of pubs, cafes and restaurants, along with small independent shops, craft studios, a brewery, a local museum, a selection of sports clubs, and a number of churches.
Being approximately 20 miles southwest of Birmingham and 15 miles north of Worcester, Bewdley is served by a good motorway network with excellent links to the M5, M6, M40, and M42.
Birmingham International Airport is approximately 45 minutes away and the mainline train station in Kidderminster has regular services to and from Worcester, Malvern, Birmingham, and London.
Schooling: The town is fortunate to benefit from two primary schools and a high school, all rated as Good by Ofsted in their most recent inspections.
The independent sector is also well catered for locally with a fine selection of schools available nearby in Kidderminster, Chaddesley Corbett, Abberley, Bromsgrove, and Worcester.
Tenure: Leasehold Approximately (85 years remaining on lease) Ground Rent/Service charge - Approximately £600 per annum Services: All mains services are connected Local Authority: Wyre Forest District Council Council Tax: Band B
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About Lax Lane, Bewdley
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