2-bedroom flat · WR2 5AT
For saleListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY An immaculately presented two bedroom first floor apartment offering open plan living/dining/kitchen, allocated parking and communal garden situated within a popular area of St John's.
DESCRIPTION An immaculately presented two bedroom first floor apartment offering open plan living/dining/kitchen, allocated parking and communal garden situated within a popular area of St John's.
Viewings are highly recommended for this property. Don't miss out!! Ground Floor Communal Entrance Hall Double doors leading to communal entrance hall, stairs and lift to first floor.
First Floor Entrance Hall Three wall lights and an electric radiator. Cloakroom Shelving and an water heater.
Living Area 10' 8" x 15' 7" ( 3.25m x 4.75m ) Rear facing double glazed window, five wall lights, two electric radiators and carpet flooring.
Kitchen 6' 7" x 9' 6" ( 2.01m x 2.90m ) Wall and base units, stainless steel sink and drainer unit, built in fridge/freezer, oven, hob, cooker-hood, and a washing machine.
Bedroom One 8' 8" x 15' 4" ( 2.64m x 4.67m ) Rear facing double glazed window, three wall lights, electric radiator and carpet flooring.
En-Suite W.C, wash hand basin, mixer shower, extractor, part tiled walls, towel radiator and a ceiling light.
Bedroom Two 8' 8" x 11' 7" ( 2.64m x 3.53m ) Rear facing double glazed window, three wall lights, electric radiator and carpet flooring.
Bathroom W.C, wash hand basin, part tiled walls, bath, towel radiator, extractor and a ceiling light. Outside Communal Garden Lawned area with inset shrubs and trees.
Parking There is allocated parking and also visitor spaces. Services All mains services connected with the exception of gas.
Leasehold: Annual Ground Rent- £250 Annual Service Charge- £1,800 Length of Lease- 155 years from 1st December 2011 We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Watery Lane, Worcester
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