1-bedroom flat · WR3 8NF
Listing removedReduced £10k (−10%) on 14 OctListed 190 days
Opportunity summary
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About
***open house events Saturday 25th April and Saturday 2nd may, please call to book A viewing*** This one bedroom first floor apartment is located within walking distance of the City Centre.
The property has been refurbished and comprises of an entrance hallway giving access through to the kitchen, bathroom, lounge and bedroom. The kitchen has been refitted and has space for a cooker.
The lounge has a dining area and dual aspect windows. There is a double bedroom with fitted cupboard and a replaced bathroom. There is a communal parking area to the rear of the property.
The property is offered with no onward chain and an internal viewing is recommended. Hall The property is accessed via a wooden door which leads into the entrance hallway.
The hallway has a wall mounted heater, glazed door through to the kitchen and wooden doors through to the bathroom, bedroom and lounge.
Kitchen (3.15m x 2.29m) Double glazed window to the side aspect, range of base and wall mounted units with work surface over, one and half bowl sink unit with mixer tap and tiled splash backs, space for cooker, plumbing for washing machine and part tiled walls to dado level.
Lounge With Dining Area (3.15m x 4.98m) Double glazed window to the side and rear aspect, wall mounted heater and feature electric fire with surround.
Bathroom (1.7m x 2.18m) Opaque double glazed window to the side aspect, panelled bath with shower over, low level WC, pedestal wash hand basin with tiled splash backs behind, part tiled walls to dado level and wall mounted radiator.
Bedroom (2.72m x 4.04m) Double glazed window to the rear aspect, fitted cupboard providing shelving and hanging space and wall mounted heater.
Parking There is a communal parking area to the rear of the property. Nb We have been advised by the current vendor that the service charges and ground rent are currently £259.91 every three months.
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
Agent & docs
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FAQ
About 30, Elgar Court, Worcester
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