1-bedroom flat · WR1 2EB
For saleListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GROUND FLOOR STUDIO APARTMENT ** Fantastic opportunity to buy in one of Worcester's premier developments, the period conversion of the historic Old Fire Station.
Located in the heart of the City Centre with it's array of shopping and wide variety of places to eat.
Riverside and canalside walks are also close at hand and the City is well served with rail links from Foregate Street and Shrub Hill, both of which are within walking distance and provide easy access to Malvern (8 mins), Cheltenham (25 mins), Birmingham (45 mins), Bromsgrove (25 mins), Oxford (1 hour 5 mins), Reading (1 hour 30 mins), Bristol (1 hour 30 mins), and London Paddington (2 hour 6 mins), Worcester Parkway is a short drive and provides further links to most London stations.
The M5 is also within easy reach and provides good access to the West Country to the south and The Midlands and the North West.
This fabulous apartment has double glazing a district gas-fired heating system and is offered with some furniture, having spacious accommodation of approx 400sqft, comprising: an entrance hall; open plan bed sitting room & fitted kitchen; and a shower room.
In addition the property has use of the communal bicycle store and communal terrace garden, but is sold without parking.
KEY FACTS Ground floor studio apartment Approx 400sqft accommodation 150 year lease with approx 145 years remaining Ground rent, Nil Service Charge, Approx £180pcm EPC rating band C Council tax band TBC Use of communal garden Use of communal bicycle store London 2 hrs 6 min by train INCLUSIONS Integrated dishwasher and fridge Built-in electric oven, induction hob & cookerhood Fitted washer dryer Some of the furniture GROUND FLOOR STUDIO APARTMENT HALL 2.65m x 1.09m (8'8" x 3'7") OPEN PLAN BED SITTING ROOM & FITTED KITCHEN 9.32m x 3.73m (30'7" x 12'3") (max) LIVING & KITCHEN AREA 5.61m x 3.73m (18'5" x 12'3") BEDROOM AREA 3.91m x 1.23m Plus a built-in cupboard/wardrobe SHOWER ROOM 2.67m 1.22m (8'9" x 4'0") OUTSIDE USE OF COMMUNAL TERRACE GARDEN USE OF COMMUNAL BICYCLE STORE NO OFF-ROAD PARKING
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 30 The Old Fire Station, Worcester, WR1 2EB
Explore nearby