3-bedroom terraced house · WR1 2NH
Sold STCListed 208 days
Opportunity summary
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About
KEY FACTS Converted from period mill in 2006 1,325sqft accommodation 999 year lease with 979 years remaining Ground rent £100pa Service charge £793.69 for 6 months to 30/06/2026 Council tax band D Energy Performance Certificate band D Gas-fired central heating Worcester boiler Wood framed double glazing Carport INCLUSIONS Floor coverings as fitted Blinds as fitted integrated dishwasher Built-in electric oven, induction hob & cookerhood Built-in wardrobes in all bedrooms GROUND FLOOR RECEPTION HALL 1.88m FITTED CLOAKROOM 1.70m x 1.00m (5'6" x 3'3") FITTED KITCHEN DINER 4.30m x 3.55m (14'1" x 11'7") BUILT-IN PANTRY 1.02m x 0.89m (3'4" x 2'11") LOUNGE 4.37m x 4.00m (14'4" x 13'1") LOWER GROUND FLOOR HALL 2.47m BUILT-IN UTILITY CUPBOARD 1.76m x 0.68m (5'6" x 2'3") BEDROOM ONE 4.05m x 3.22m EN SUITE SHOWER ROOM 2.07m x 1.21m (6'9" x 4'0") FIRST FLOOR LANDING 2.01m BEDROOM TWO 4.24m x 3.91 (13'11" x 12'10") BEDROOM THREE 4.56m x 2.38m (14'11" x 7'10") FAMILY BATHROOM 3.56m x 1.30m OUTSIDE CARPORT 4.64m x 3.54 With a built in store cupboard PARKING Residents' permits for on street parking are available to purchase from the local authority.
LEASE TERMS 999 year lease with an unexpired term of approximately 979 years at a ground rent, currently £100.00pa SERVICE CHARGE £793.69 for the 6 months to 30/06/2026.
The service charge includes an annual contribution to the reserve fund of £500; buildings insurance; general maintenance of the communal areas; and the annual management fee.
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
FAQ
About Mill Street, Diglis, Worcester, WR1 2NH
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