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See how verdicts work1-bedroom flat · WR3 7EW
Sold STCListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one-bedroom, North-facing apartment on the ground floor. This apartment is centrally situated within the development, close to the restaurant, communal lounge and gardens.
Large square hallway currently set up as a home office, inclusive of an airing cupboard and storage cupboard.
The lounge diner is a good size opening on to a patio area, with access to a separate kitchen.
The kitchen has an integrated fridge/freezer, hob, eye level oven and Worcester Bosch boiler which operates the central heating and hot water. There are plenty of wall and floor units for storage.
The bedroom, a large double, has built-in mirrored wardrobes with long hanging, double hanging and shelving. The bathroom benefits from a bath, separate level access shower and white sanitary ware.
All rooms include emergency pull cords.
COUNCIL TAX BAND: D EPC RATING: B MONTHLY SERVICE CHARGE: £675.17 MONTHLY RESERVE FUND CONTRIBUTION: £54.17 SERVICE CHARGE AND RESERVE FUND CONTRIBUTION PERIOD: 1 April 2026 – 31 March 2027 12 MONTH GROUND RENT: £238.13 GROUND RENT DUE FOR REVIEW: 2032 LENGTH OF LEASE: 125 Years from 01/01/2012 RESALE FEES: N/A LOCATION OVERVIEW: Type: Independent Living.
Properties: Constructed by Aspen Retirement Limited.
Comprising of: Eastbank Court: (completed 2013) 22 x two bedroomed apartments 51 x one bedroomed apartments Eastbank Lodge: (completed 2018) 6 x two bedroomed apartments Services: Duty manager on site 24/7.
Emergency callouts between 10.30pm – 7.30am. One and half hours service time per week. Restaurant facility offering a choice of lunches every day. Licensed bar. Handyperson. Laundry service.
Facilities: Lift access to all levels, Owners’ lounge, Elgar’s Restaurant and Bar, Garden room and Conservatory, Hairdressing salon, treatment room, Library. Guest suite. Hobbies room.
Landscaped gardens. Buggy hire. Allocated car parking. Secure door entry system. Emergency alarm call system. Accessibility: Eastbank is a gated complex. All areas are wheelchair accessible.
Situated one and a half miles from Worcester City Centre and with good local amenities including a post office, chemist and supermarket.
Lifestyle: Eastbank has a great social programme including coffee mornings, afternoon tea, games afternoon, crafts, special events and regular trips to the theatre and places of interest.
New Owners are accepted over 60 years of age. Pets are welcome (subject to terms of the lease). Tenure: Leasehold 125 years from January 2012.
Eastbank Court & Lodge Court address: Eastbank Drive Off Northwick Road Worcester WR3 7EW Lodge address: Eastbank Drive Off Northwick Road Worcester WR3 7FB
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
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FAQ
About 24 Eastbank Court, Eastbank Drive, Off Northwick Road, Worcester, WR3 7EW
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