2-bedroom bungalow · DY13 9FD
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Vastly cheaper than a bungalow, yet performing the same function!
A lovely GROUND FLOOR two-bedroom apartment just a few minutes’ walk from Stourport town centre and moments from the picturesque banks of the River Severn.
Ideal for both owner occupiers and those looking for a 'lock up and leave' bolthole! Priced to sell. Viewing highly recommended.
Energy Rating: D Description Flat 5, Waterfall House is an exemplary 2-bedroom ground floor apartment with all windows overlooking the attractive waterscape.
This lovely home is in the market to be sold straight away and priced to attract immediate interest from able buyers.
It has a prime corner position within the particularly attractive Waters Edge development, set within the historic, re-generated canal basin area, being right in the heart of Stourport, on the fringe of the town centre itself.
This said, it is the type of property which would easily lend itself to non-drivers albeit it does also have its own private allocated parking space.
Suffice to say that this is far from a typical apartment and is only truly fully appreciated by personal inspection.
The accommodation comprises:- Access is gained via door to: Reception Hall with built-in linen cupboard also with hot water cylinder, door to: Living Kitchen 5.51 x 5.06 - having lots of natural light with two windows and also French doors, all overlooking the water, three electric wall heaters, range of wall and base mounted kitchen units with complementary roll top surface over having inset stainless steel sink and inset electric hob, built-in electric oven.
NB: Unless not required by the purchaser(s), the washing machine, tumble drier and fridge/freezer will be included within the purchase price.
From the Reception Hall doors lead to: Bedroom One 3.66 x 2.62 - [min exclusing door recess] with electric wall heater and UPVC double glazed French doors overlooking the water, door to: En Suite Shower Room with electric towel radiator, low level flush wc, pedestal hand wash basin and over-sized shower cubicle with mixer shower.
Bedroom Two 3.30 x 2.79 - [min excluding door recess] with electric wall heater and window.
Shower Room with ladder style electric towel radiator, low level flush wc, pedestal hand wash basin and easy access over-sized shower enclosure with mixer shower.
Outside Allocated Marked Parking Space Tenure Leasehold. The property is held on a 150-year lease which commenced in 2005.
The ground rent is currently levied at £386.00 per annum. A service charge is currently levied at £1,652.00 per annum and is payable in two instalments, half yearly.
The Solicitor acting for any purchaser should be asked to confirm full details.
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
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FAQ
About Waters Edge, Stourport-on-Severn, Worcestershire
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