1-bedroom flat · WR1 1AG
For saleReduced £1k (−0.7%) on 16 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to purchase this first floor one bedroom apartment situated within the sought after location of Old Canal End and offered with no chain.
The apartment offers spacious well planned accommodation being ideal for either first time buyers or Investors. Flat 3, is approached via a spacious communal hallway with stairs to the first floor.
Front door into entrance hallway with doors off: Light and airy Sitting room with open plan fitted kitchen, double bedroom with Juliette balcony and modern fitted bathroom.
The apartment benefits from gas central heating and double glazing throughout. There is an allocated parking space for one vehicle and a bike store.
The apartment is leasehold with approximately 114 years remaining on the current term, the annual service charge is £981.50 per annum and the ground rent is £200 per year.
Situated close to amenities including local shops and restaurants, Worcester city centre being just a short distance away.
Both Gheluvelt Park and Worcester racecourse/River Severn provide lovely walks, together with the Worcester canal leading to the city centre or north to Perdiswell Leisure centre.
For commuting to most parts of the country the apartment offers good access via Junction 6 of the M5 motorway network or Foregate Street station. Perfect for first-time buyers or investors.
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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 Flat 3, Old Canal End, 33, The Lane, Worcestershire
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