2-bedroom flat · DY13 9EJ
Let agreedListed 24 days
Opportunity summary
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About
A furnished two-bedroom second-floor apartment situated within the popular Waters Edge development, overlooking Stourport Basin.
The property benefits from stunning waterside views, a private balcony and an allocated parking space, with Stourport town centre and its amenities within easy walking distance.
The apartment offers well-presented accommodation with double glazing throughout.
EPC=TBC The accommodation briefly comprises a hallway; open-plan kitchen/dining/living room with integrated appliances and double doors to the balcony overlooking the water; two bedrooms; and a bathroom with shower over bath.
Location: Based in the Wyre Forest District of North Worcestershire, Stourport-on-Severn has been a popular day-trip and holiday destination for over a century.
The River Severn and the historic canal basins combine to provide a perfect backdrop for all sorts of family activities, with the atmosphere of a true maritime holiday resort.
The town itself offers a wide variety of independent shops and large supermarkets, together with pubs, cafes and restaurants, and family attractions, such as the riverside meadows and playing fields, boat trips, amusement arcades and a traditional fairground.
The larger town of Kidderminster is just over 4 miles away, whilst Birmingham and Worcester are approximately 22 and 12 miles away respectively.
The M5 can be accessed easily from either Junctions 5 or 6 and the mainline train station in Kidderminster has direct services to Birmingham, Worcester and London.
Services: Mains water, electricity and drainage.
Electric heating Local Authority: Wyre Forest District Council Council Tax: Band B Permitted payments and tenant protection information As well as paying the rent, Eden Midcalf also require you to make the following permitted payments.
• A holding deposit (a maximum of 1 week's rent); • Security Deposit (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above); • Payments to change a tenancy agreement eg.
change of sharer (£50); • Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); • Utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence; • Council tax (payable to the billing authority); • Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate); • Reasonable costs for replacement of lost keys or other security devices; • Contractual damages in the event of the tenant's default of a tenancy agreement; and • Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.
Tenant protection In addition to publishing relevant fees, lettings agents are also required to publish details of the redress scheme and Client Money Protection scheme they are members of: • Eden Midcalf are members of the Property Redress Scheme • Eden Midcalf are members of Safeagent Client Money Protection Scheme
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Larch Way, Stourport-On-Severn
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