1-bedroom flat
For saleListed 7 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
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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
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FAQ
About 3 Gotland Road, Worcester
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