2-bedroom flat · WR3 7JD
Sold STCListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****two bedroom****top floor apartment**** ****one allocated parking space Leaders are proud to present this well presented 2-bedroom top floor apartment, conveniently situated in a quiet residential location in North Worcester.
Offering a bright and spacious layout, the property provides comfortable modern living with the added benefit of one allocated parking space.
At the heart of the apartment is an inviting open-plan kitchen and living area, creating a sociable and versatile space that is ideal for both everyday living and entertaining.
The kitchen offers a practical arrangement with plenty of workspace and storage, while the adjoining living area provides a light and relaxing environment.
The property features two well-proportioned bedrooms, offering flexibility for a couple, small family, home office or those looking for additional guest accommodation.
A well-appointed bathroom completes the accommodation.
The property enjoys a convenient position on Penbury Street, ideally located for a range of everyday amenities and excellent transport connections.
Local shopping is close at hand, with a Co-op supermarket and Post Office just a short walk away, making those essential day-to-day errands particularly convenient.
There are also a selection of cafés, pubs, restaurants and takeaways nearby, providing plenty of choice without having to travel far.
For families, the location is particularly appealing, with Northwick Manor Primary School approximately 0.2 miles away, while Bishop Perowne CofE College and Tudor Grange Academy Worcester are also within easy reach.
The area also benefits from a good selection of parks and leisure facilities, with Perdiswell Park and Perdiswell Leisure Centre nearby, while Gheluvelt Park offers attractive green space for walking, exercise and relaxation.
Tenure: Leasehold with a share of the freehold 999 years remaining on the lease Service charges £600.00 per annum. Don't miss out on the opportunity to make this delightful property your new home.
Value & comps
No previous sales on record.
Returns
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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 Flat 8, 44, Penbury Street, Worcester
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