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See how verdicts work2-bedroom flat · WR9 9AD
Listing removedListed 290 days
Opportunity summary
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About
Oulsnam proudly introduce this superbly presented first floor apartment with river views located within this desirable development of the Waterfront built by Laing Homes on the banks of the River Salwarpe & boasting two double bedrooms, master en-suite, dual aspect lounge diner with juliet balcony enjoying delightful river views, modern kitchen, garage & allocated parking.
Ep Rating C Situation Droitwich Spa is a historic town within the Wychavon district of northern Worcestershire which has become famous for its brine and salt production.
The town offers excellent everyday amenities which includes a Waitrose store.
There are an array of local pubs and an eclectic mix of traditional shops, a Farmers Market is also held regularly in Victoria Square.
St Peters fields provides excellent park land as well as the Droitwich Spa lido. There are numerous footpaths that provide access to the surrounding countryside that includes walks along the canal.
This location provides easy access into the Town Centre, local amenities, Train Station and is also convenient for easy access to motorway networks of the M5, M42 and M40 corridors.
The development known as The Waterfront was built by Laing Homes in 2004 and is an exclusive collection of houses and apartments built on the banks of the River Salwarpe, this apartment is The Malvern design offering generous apartment lifestyle living has been presented to a high standard.
* Secure communal entrance with individual letterboxes, provides access to two apartments * Welcoming entrance hallway with alarm panel, ample storage to include doors opening into the cloaks cupboard with hanging space and a door to the airing cupboard with shelving and houses the hot water tank * Dual aspect lounge diner with juliet balcony enjoying the outlook towards the River Salwarpe and embankments * Modern fitted kitchen with integral appliances to include: Dishwasher, fridge freezer, oven, four ring gas hob with extractor hood, space for a washing machine and a wall mounted boiler concealed behind matching units * Master bedroom with ample built in wardrobes and en-suite shower room * Further double bedroom with delightful views toward the River Salwarpe and embankment * Modern bathroom with white suite and shower screen * Garage with power and lighting and benefitting from direct access from the inner hallway, and allowcated parking in front of the garage * Viewing advised to appreciate the standard of accommodation on offer and the enviable situation within this development General information Services All mains services are available.
Gas central heating is provided by the boiler located in the cupboard in the kitchen.
Tenure the agent understands with information provided from the current vendor that the property is leasehold which commenced on the 01/05/04 for 150 years.
The ground rent is £150 per annum and service charge is £2,257.44 per annum.
Garage location Is the second garage in from the right and second one in from the right underneath the apartment block and there is a parking space in front of the garage for one vehicle.
Hallway Lounge Diner (5.6m x 4.5m (18' 4" x 14' 9")) Kitchen (3.1m x 2.6m (10' 2" x 8' 6")) Bedroom (3.5m x 3.1m (11' 6" x 10' 2")) Ensuite Shower Room (2.7m x 1.8m (8' 10" x 5' 11")) Bedroom (3.5m x 2.4m (11' 6" x 7' 10")) Shower Room (3m x 1.8m (9' 10" x 5' 11")) Garage (5.6m x 2.7m (18' 4" x 8' 10"))
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.
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FAQ
About 41, Honeymans Gardens, Worcestershire
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