1-bedroom flat · WR1 1RG
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom first floor apartment is located in a retirement complex for the over 60's.
The complex is situated within the short distance of both the shops and facilities on Barbourne Road, and within a short distance of the city centre.
The apartment is offered with no onward chain and the accommodation consists of an entrance hall which leads through to the bathroom, lounge and bedroom.
The lounge has a feature fireplace and opening into the kitchen. The double bedroom has fitted wardrobes. There are communal gardens and a communal parking area.
Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Entrance Hall The property is accessed via a wooden door which leads through to the hallway.
The hallway has an airing cupboard housing the hot water tank and providing storage, doors leading through to the bathroom, bedroom and lounge.
Lounge (4.7m x 3.2m) Glazed window to the rear aspect, wall mounted heater, coving to the ceiling and opening into the kitchen.
Kitchen (2.24m x 1.65m) A range of base and wall mounted units with work surface over, space for fridge freezer, single sink unit with mixer tap and tiled splashback behind and coving to the ceiling.
Bedroom 3.68m to the wardrobe front x 2.64m - Window to the rear aspect, fitted wardrobe providing shelving and hanging space and wall mounted heater.
Bathroom Low level WC, wall mounted wash hand basin inset to vanity unit with tiled splashback behind, panelled bath with shower over and tiled splashback behind, coving to the ceiling and extractor fan.
Facilities Communal areas are situated within the development with facilities to include a laundry room, living room, parking and gardens.
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 Flat 41, Homenash House,, St. Georges Lane North, Worcestershire
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