7-bedroom property · WR1 3LR
For saleListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Prime City Centre Mixed-Use Investment - Broad Street, Worcester WR1* Positioned in the vibrant heart of Worcester city centre, this superb mixed-use property on Broad Street presents a rare and versatile investment opportunity.
Enjoying an enviable location among bustling retail, leisure and transport amenities, this property comprises a high-quality commercial space and two brand new, fully refurbished apartments, making it ideal for both residential and commercial investors.
*Property Summary:* - Prime city centre location - Impressive mixed-use freehold - Ground floor commercial unit set up for current barber use, with contemporary finish - Two newly created self-contained flats (1 and 2 bedrooms) - Five-bedroom HMO across upper floors, offering strong rental potential - Three modern bathrooms - Versatile layouts, all recently renovated and finished to a high standard - Total accommodation: 7 bedrooms and 3 bathrooms across the residential units *Commercial Unit:* The attractive street-level commercial unit is currently arranged as a stylish barber shop, benefitting from a broad shopfront, contemporary wood and tiled interiors, LED lighting, and an inviting client waiting area.
This prominent space enjoys constant foot traffic from Broad Street and remains highly visible to passing trade.
*Apartment & HMO Living:* Above and behind the shop, two apartments offer brand new accommodation finished to an excellent standard.
The first is a spacious one-bedroom flat; the second is a modern two-bedroom flat, both presenting sleek kitchens, comfortable living and dining zones, bright neutral décor, and stylish bathrooms with walk-in showers and modern tiling.
The upper floors form a five-bedroom HMO, each room furnished with quality beds, wardrobes, desks and soft furnishings.
The shared kitchen/living areas boast integrated appliances, smart cabinetry, chic exposed brick and ample space for communal dining and relaxation.
Bathrooms are well appointed, featuring large showers, mirrored vanities and contemporary tiling throughout.
*Location & Lifestyle:* Set on lively Broad Street, this property is surrounded by Worcester's best retail outlets, independent cafes, and eateries.
City shopping is quite literally on the doorstep, with the Crowngate Shopping Centre, M&S, Tesco Express, and a host of independent businesses all seconds away.
For leisure time, the Riverside walks, Worcester Cathedral, and Fort Royal Park are nearby.
Residents and tenants benefit from Worcester's outstanding rail and bus connections just minutes away, with Worcester Foregate Street and Shrub Hill stations both within an easy walk for direct services to Birmingham, London and beyond.
*Practicalities:* - Energy rating: Band D (potential to improve to C) - Recently completed upgrades ensure minimal immediate maintenance - Opportunity for attractive gross yields with commercial and residential income streams - A flexible asset for owner-occupiers, investors, or multi-generational living *A Rare City Centre Offering* With flexible use, immaculate interiors and a premium location, this Broad Street property is perfectly tailored for professionals, sharers, or those seeking an established commercial premises with additional secure income.
Opportunities like this are seldom available in the Worcester market. Arrange your private viewing today to appreciate all this versatile property has to offer.
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
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FAQ
About Broad Street, Worcester, Worcestershire, WR1
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