Studio · WR9 7RX
For saleListed 407 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** PROPERTY IS BEING SOLD TO LANDLORDS ONLY WITH TENANT IN SITU - APPROXIMATE YIELD OF 6.9%*** *** NO ONWARD CHAIN - POPULAR LOCATION - STUDIO APARTMENT *** Leaders are pleased to present to market with no onward chain this contemporary styled ground floor studio apartment situated in the popular area of Henley Drive, Droitwich.
Being within close proximity to many amenities including local shops, great access into Droitwich Town Centre and convenient access to Worcester and links to the M5 this property would make the ideal first time buy or buy to let investment.
Property comprises in detail; Living area, separate kitchen, dressing area and a shower room.
Further benefits include communal parking for the block located to the side, electric heating and double glazing throughout.
This property is a leasehold property and the lease is currently being extended to 210 years from the orignal term date of 1981.
Meaning upon completion the lease will be approximately 166 years remaining on the term. The annaul service charge is £39 per annum and their is a separate insurance of £302.19 per annum.
Property is currently tenanted on a periodic tenancy and the current tenants pays £462.00 per calendar month. *** VIEWING HIGHLY ADVISED NOT TO MISS OUT ***
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
FAQ
About Henley Drive, Droitwich, Worcestershire
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