1-bedroom house · WR5 2GN
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a 25% share (with option to staircase to full 75%) in a spacious one bedroom 3rd floor Apartment, forming part of the Crookbarrow View development, available for those over the age of 65 (or 55 with a care need).
Accommodation briefly comprises: Entrance Hall, spacious open-plan Lounge/Dining Room/Kitchen, double Bedroom and Jack-and-Jill Shower Room.
LOCATION: The property forms part of the popular Crookbarrow View development, offering a wide range of facilities to include Communal Lounge, Cafe/Bistro, Hair Salon, Laundry, residents communal gardens, lifts, assisted bathing suite, buggy store and car park.
The complex benefits from access to on-site care and is fully accessible.
The development is located to the East of Worcester city, providing easy access back to the city centre and transport links via Junction 7 of the M5 motorway and Worcestershire Parkway Railway Station.
Ongoing charges:- Shared ownership rent £426.31 per month Service Charge:- £330.84 per month or £247.51 per month (buyer has option to pay the sinking fund within the service charge or defer it to point of re-sale) Support Charge:- £18.48 per month 24/7 support charge:- £26.20 per week Ground rent: One peppercorn.
Lounge/Kitchen/Dining Room: - 7.39m x 4.52m (24'3" x 14'10") Bedroom: - 3.89m x 3.58m (12'9" x 11'9") Jack-and-Jill Shower Room: - 2.77m x 2.34m (9'1" x 7'8")
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 Apartment 58, Crookbarrow View, 3 Gotland Road, Worcester. WR5 2GN
Explore nearby
