We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · WR2 5AJ
Listing removedListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Presenting a fantastic investment opportunity in a sought-after residential area of Worcester, this 3 bedroom HMO on King Charles Place offers spacious accommodation.
Description Presenting a fantastic investment opportunity in a sought-after residential area of Worcester, this 3 bedroom HMO on King Charles Place offers spacious accommodation.
Fully licensed, the property is ideal for landlords seeking immediate rental income or growing families.
Situated on the second floor of a well-located development on King Charles Place in St John's, Worcester, this well-proportioned three-bedroom flat offers comfortable and practical living accommodation.
The property features a spacious living area with direct access to a balcony, providing a pleasant spot for fresh air.
The separate kitchen is functional and well laid out, offering ample storage and workspace.
There are three bedrooms, each offering good natural light and flexibility for use as sleeping accommodation, a home office, or guest space.
The property is completed by a family bathroom fitted with essential fixtures. Please note, the property does not include parking.
Conveniently positioned within easy reach of local amenities, transport links, and Worcester city centre, this flat presents a fantastic opportunity to enjoy city living in a popular residential area.
Ground Floor Communal Entrance Communal Entrance has stairs leading to the second floor, where the property is located. Second Floor Entrance Hall Two storage cupboards and laminate flooring.
Doors to all rooms. Living Area 13' 5" x 12' 10" ( 4.09m x 3.91m ) Side facing double glazed window, ceiling light, radiator and laminate flooring. Side door leading to the balcony.
Kitchen 9' 11" x 9' 10" ( 3.02m x 3.00m ) Side facing double glazed window, ceiling light, radiator, wall and base units, stainless steel sink and drainer unit, space for appliances, boiler part tiled walls and tiled flooring.
Bedroom One 13' 5" x 11' 3" ( 4.09m x 3.43m ) Side and rear facing double glazed window, ceiling light, radiator, Bedroom Two 12' 11" x 11' 3" ( 3.94m x 3.43m ) Side facing double glazed window, ceiling light, radiator and carpet flooring.
Bedroom Three 10' x 9' 7" ( 3.05m x 2.92m ) Side facing double glazed window, ceiling light, radiator and carpet flooring.
Bathroom Side facing double glazed window, ceiling light, W.C, wash hand basin, bath with shower, radiator and partly tiled walls. Outside There is on street parking.
Services All main services are connected to the property.
Leasehold: Length of Lease: 99 years from the 1st February 1986 Annual Ground Rent: £148 Annual Service Charges: £1048 We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 advisers 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 8, King Charles Place, Worcester
Explore nearby