2-bedroom flat · WR1 1HL
For saleListed 1 day
Opportunity summary
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About
*** VACANT & NO ONWARD CHAIN *** This penthouse apartment is situated within walking distance of Foregate Street Rail Station and the facilities of the City Centre.
Enjoying secure direct lift access to the apartment, which offers spacious accommodation of approximately 950sqft (plus a good sized sun terrace and two smaller Juliette balconies with lovely rooftop views), comprising: a reception hall; lounge; fitted kitchen & dining room; two bedrooms; en suite shower room; bathroom; and a large store room.
In addition, the property benefits from secure gated parking for two cars, contemporary double glazing and gas-fired central heating.
KEY FACTS Third floor penthouse Share of freehold 125 year lease,100 years remaining Ground rent tbc Service charge £2,772pa Estate Management Charge £200pa Council tax band D EPC rating band C Secure gate parking Contemporary double glazing Gas-fired central heating Recently installed Worcester combi boiler INCLUSIONS Floor coverings as fitted Window dressings as fitted Integrated fridge & freezer Built-in oven, gas hob & cookerhood THIRD FLOOR APARTMENT SECURE DIRECT LIFT ACCESS TO PENTHOUSE RECEPTION HALL 5.35m FITTED KITCHEN & LIVING ROOM 5.84m x 3.86m ( 19'2" x 12'8") SUN TERRACE 6.89m x 1.75m & 5.82m x 2.88m (22'7" x 5'9" & 19'1" x 9'5") LIVING ROOM / POTENTIAL BEDROOM 5.61m x 3.34m BALCONY 1.92m x 0.85m (6'3" x 2'9") BEDROOM ONE 3.14m x 3.12m BALCONY 3.23m x 0.31m (10'7" x 1'0") EN SUITE SHOWER ROOM 1.95m x 1.67m (6'5" x 5'6") BEDROOM TWO / STUDY 2.94m x 1.90m BATHROOM 1.85m x 1.58m (6'1" x 5'2") STORE ROOM 3.03m x 1.55m (9'11" x 5'1") OUTSIDE PARKING The property benefits from a parking space for two cars in the secure gated courtyard.
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 Surman Street, Worcester
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