2-bedroom flat · WR10 1HF
Under offerListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two bedroom ground floor retirement apartment offers comfortable and secure living within a sought-after development for the over 60s.
The property is available on a 70% shared ownership basis (with no rent payable on the remaining 30%), and it will always be sold on this basis in the future, making it an attractive and affordable option for those seeking a peaceful retirement.
The apartment features a modern fitted kitchen, complete with integrated electric oven and hob, providing a practical and stylish area for meal preparation.
The inviting lounge diner enjoys pleasant views over the communal gardens, creating a relaxing space for entertaining or unwinding.
The spacious principal bedroom benefits from a French door to the rear low maintenance court yard garden with shed, allowing for plenty of natural light and easy access.
The flexible second bedroom can be used as a dining room, study, or hobby room, catering to a variety of lifestyle needs.
Residents enjoy peace of mind with an on-site Estate Manager (available part time) and a range of communal facilities, including a private courtyard, residents’ parking, and an on-site laundry room for added convenience.
This property is offered for sale with no onward chain, ensuring a straightforward and stress-free purchasing process.
The development is designed to provide a friendly and supportive community atmosphere, with the added reassurance of professional management and well-maintained communal areas.
This apartment represents an excellent opportunity for those looking to downsize or enjoy a low-maintenance home in a welcoming environment.
The following information should be verified by a purchaser's solicitor. It is understood: The property was built circa 1992. There is currently 58 years left on the lease.
But we are in the process of obtaining cost to extend the lease as an option for the new purchaser. The property is sold at 70% of full market value with no rent payable on the remaining 30%.
There is a monthly service charge of approximately £295.04 This covers maintenance of all communal areas including the gardens. Use of the laundry room (with washer and dryer). Window cleaning.
Maintenance of external of property (i.e. windows/external doors/guttering etc). Servicing and any repairs to boiler. There is emergency pull cords which go to a central help/support centre.
There is also an intercom in the inner hallway. There is a share laundry room for all residents. This is also covered by the monthly service charge.
Purchasers pay 1% per year of purchase price when they eventually sell. This goes into the reserve fund which is a fund to cover large future expenses. Purchasers must be over 60.
Once an offer has been accepted the purchaser's contact information will be passed to Anchor Housing Association who will arrange a pre-sales meeting and provide formal consent to sell the property.
Estate Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We have partnered with a third part supplier to undertake these to ensure checks are HMRC compliant. The cost of these checks is £60 including VAT and is non-refundable.
The charge covers the cost of obtaining relevant data, any manual checks and monitoring which may be required.
This fee will need to be paid, and checks completed in advance of the issuing of a memorandum of sale. All measurements are approximate and for general guidance only.
Whilst every attempt has been made to ensure accuracy, they must not be relied on.
The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given and that they are in working order.
Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property.
Whilst we carry out due diligence before launching a property to the market and endeavour to provide accurate information, buyers are advised to conduct their own due diligence.
Our information is presented to the best of our knowledge and should not solely be relied upon when making purchasing decisions.
The responsibility for verifying aspects such as flood risk, easements, covenants and other property related details rests with the buyer. EPC Rating: C
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs

FAQ
About Rushers Close, Pershore, WR10
Explore nearby