1-bedroom flat · WR3 8AN
Sold STCListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***OPEN HOUSE EVENTS FRIDAY 13TH MARCH AND SATURDAY 21ST MARCH, PLEASE CALL TO BOOK A VIEWING*** A well-presented one-bedroom ground floor apartment ideally located within close proximity to Barbourne, offering convenient access to local amenities and transport links.
This attractive property is perfectly suited to first-time buyers, downsizers, or investors, with an anticipated yield of approximately 7%.
The apartment offers stylish, contemporary living and has the added benefit of a private garden. The accommodation comprises an entrance hallway leading to a spacious lounge and double bedroom.
The lounge provides ample space for dining, and flows through to the kitchen. The kitchen offers space for appliances and provides access to the bathroom and the private rear garden.
The bedroom is generously sized and features a charming bay-fronted window, allowing plenty of natural light. Additional lower-ground private storage exclusive to the flat.
Outside, the private garden is accessed via the kitchen and features a patio area extending across the rear, ideal for outdoor seating or entertaining.
Front and side hardstanding, potential for off road parking for two cars, subject to the relevant permissions.
Location The property is located within close proximity to Barbourne, 1 mile from Worcester city centre, with easy access to Worcester Foregate Street train station and the M5 motorway.
Entrance Hall The property is accessed via a front door leading into the entrance hall, which has doors to the lounge and bedroom.
Lounge 4.72m x 3.4m Double glazed window to the rear aspect, door to cellar, door to kitchen, and radiator.
Kitchen 3.94m x 2.51m Double glazed window to the side aspect, part-glazed door leading to the garden, and door to the bathroom.
A range of base and wall-mounted units with work surfaces over, space for a fridge freezer, cooker, washing machine, and dishwasher, single bowl sink with mixer tap, and radiator.
Cellar Stairs leading down into the cellar. Bedroom 3.4m x 3.18m Double glazed bay window to the front aspect and radiator.
Bathroom 2.1m x 1.42m Opaque double glazed window to the side aspect, bath, wash hand basin, and fully tiled walls.
Separate WC 1.32m x 0.76m Opaque double glazed window to the rear aspect, WC, tiled walls, and radiator. Garden The garden is accessed via the kitchen.
There is a patio area extending across the rear of the property, ideal for outdoor seating; beyond this is a lawn. The garden is enclosed by panel fencing and shrubs, with side gated access.
Parking We have been advised by the current owner that there is opportunity to create off road parking for two vehicles subject to the relevant planning permissions from the local council to drop the kerb.
NB We have been advised there is 0 service charges and 0 Ground rent payable and any maintenance costs are invoiced and shared with Flat 1.
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 New Bank Street, Worcester, Worcestershire, WR3
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