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See how verdicts work1-bedroom flat · WR1 1RG
Under offerReduced £10k (−16.7%) on 26 OctListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One-bedroom second-floor retirement apartment Situated within the sought-after Homenash House development, this property forms part of a purpose-built retirement complex constructed by McCarthy & Stone, comprising 66 apartments arranged over four floors and serviced by a lift.
Designed with comfort and peace of mind in mind, the development benefits from an on-site Development Manager, as well as a 24-hour Appello emergency call system for periods when the manager is off duty.
Emergency assistance can be accessed from various points within the apartment.
The accommodation includes a welcoming entrance hall with useful storage and airing cupboard, leading through to a bright living room with a window, feature lighting, and access to the kitchen.
The kitchen is fitted with a range of wall and base units, work surfaces, and space for essential appliances. The bedroom is a good-sized double, featuring a built-in wardrobe and ample natural light.
Bathroom has a low level WC, vanity wash hand basin, low level bath with recently placed shower over the bath, and tiled walls.
Ground Floor has the Communal Entrance Hall with Stairs/lift to the first floor where the property is located. A Communal Conservatory with beautiful garden views.
Residents must be aged 60 or over, or in the case of a couple, one resident must be over 60 and the other over 55. EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 85 years 11 months,
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 Homenash House St Georges Lane North, Worcester, WR1
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