2-bedroom house · WR2 6GH
Listing removedListed 88 days
Opportunity summary
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About
Make your move to Worcester with Shared Ownership Elgar Park is located on the edge of the rural village of Lower Broadheath, close to the thriving Worcester city centre.
Built by 5* builders Bloor Homes our new energy efficient, 2 and 3-bedroom homes certainly offer the best of both worlds, with rolling Worcestershire countryside outstretching on your doorstep, but the excitement of the ever-growing amenities in the city centre only a short drive away.
The Sinclair home is a thoughtfully designed two-bedroom terraced home at Elgar Park, available through Shared Ownership from £70,000 for a 25% share.
With two double bedrooms, a private garden and driveway parking, it offers a practical and more affordable route into homeownership in a sought-after location in Worcester.
The full market value is £280,000.
At the front of this home sits a light and airy lounge that leads you through to a modern wrap-around kitchen and dining area complete with access to the rear garden; perfect for entertaining family and friends.
A downstairs cloakroom which is handy for visiting guests completes the ground floor.
Heading upstairs you will find two double bedrooms and a family bathroom with a useful storage cupboard to keep your beautiful home clutter-free.
Outside there is dedicated parking for two cars and a private turfed rear garden with a paved patio area. Could The Sinclair be the next step in your homeownership journey?
Register your interest to find out more. Disclaimer The advertised price represents a 25% share of the full market value.
Eligibility criteria, affordability assessments and terms and conditions apply. Rent and other charges are payable on this property and are reviewed periodically.
Images may be representative and could include features that vary from the property available.
Please speak to a Sales Consultant for the latest plot-specific information, specification, costs and availability.
Prices and charges were correct at the time of publication and may be subject to change.
Local Area Information Settled in between the quaint village of Lower Broadheath and the increasingly metropolitan city centre of Worcester, Elgar Park could be the perfect place to call home.
Put your feet up in one of the several local village pubs in Lower Broadheath within a short drive or celebrate special occasions with dinner at one of Worcester's many acclaimed restaurants.
For those day to day items, Elgar Park is conveniently located nearby to shops including Tesco Express and Sainsbury's.
The historical treasures are woven throughout the streets of Worcester, with the iconic skyline of the Cathedral overlooking the River Severn.
And the cultural delights simply keep increasing in this popular location as time goes on.
For those who may have recently started their family, or plan to, Elgar Park is located nearby several day nurseries, including Broadheath Day Nursery, Magic Moments Childcare and Victoria House Day Nursery.
The nearest primary school to home is Broadheath C of E Primary school, and rated "Good" by Ofsted. For secondary school education, you'll have quite a choice within the local area.
Schools include Christopher Whitehead Language College (Good), King's Worcester, rgs Worcester, and just slightly further afield you'll find The Chantry School (Outstanding) that can school bus routes to Lower Broadheath and St John's.
Lastly, Worcester's very own university has rapidly blossomed, with plentiful accommodation and wonderful academic centres, including fantastic midwifery and teaching degrees.
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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