2-bedroom flat · WR1 2EB
For saleReduced £15k (−5.5%) on 11 JulListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning top floor two bedroom Apartment, forming part of the exclusive Old Fire Station development, located in the very centre of Worcester city, ideally placed for surrounding amenities and with fabulous views towards Worcester Cathedral.
Accommodation: Entrance Hall Area with Utility Cupboard off, open-plan Kitchen with a range of fitted appliances and Breakfast, Lounge/Dining Room, two double Bedrooms and Bathroom.
Outside: The property further benefits from private Store, suitable for parking of a small vehicle, use of communal balcony and stunning roof garden.
Agent's notes: (1) Some items of furniture may be available via separate negotiation. (2) Smart Car available via separate negotiation. (3) There is the benefit of generous private loft space.
Location: The Apartment forms part of the exclusive Old Fire Station development, which has been finished to an exceptional standard and boasts wonderful internal and external communal areas, located in the heart of Worcester city centre.
On your doorstep is a fantastic selection of shops, restaurants, bars, coffee shops, cinemas, 2 railway stations with direct access to Birmingham and London, Worcestershire County Cricket Club, Theatre, glorious riverside walks and the iconic Worcester Cathedral.
Lounge/Kitchen/Diner: - 6.1m x 4.83m (20'0" x 15'10") Bedroom 1: - 3.33m x 3.18m (10'11" x 10'5") Bedroom 2: - 3.53m x 3.51m (11'7" x 11'6") Bathroom: - 2.82m x 1.93m (9'3" x 6'4") Store: - 3.3m x 3.07m (10'10" x 10'1")
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 The Old Fire Station,Apartment 23, Copenhagen Street, Worcester
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