2-bedroom flat · WR3 7AW
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Situated within the highly desirable Barbourne area of Worcester, Chacewater House forms part of an attractive and characterful period conversion on the sought-after Chacewater Avenue.
The property enjoys a peaceful residential setting while remaining conveniently located for Worcester city centre.
DESCRIPTION Situated within the highly desirable Barbourne area of Worcester, Chacewater House forms part of an attractive and characterful period conversion with high Victorian ceilings on the sought-after Chacewater Avenue.
The property enjoys a peaceful residential setting while remaining conveniently located for Worcester city centre, local amenities, schools, and transport links.
This well-positioned apartment offers an excellent opportunity for owner-occupiers, downsizers, or investors seeking a home in one of Worcester's most established residential areas.
Chacewater House benefits from an attractive setting surrounded by similar quality homes, with easy access to nearby shops, parks, and Worcester Foregate Street railway station.
The property combines the charm and character associated with a period building with the original sash cord windows and practicality of modern apartment living.
Its location is particularly appealing, providing a balance of tranquillity and convenience, close to the River Severn and facing Malverns Hills, with excellent access to the city centre, major road networks, and a range of leisure and recreational facilities.
"Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead." Communal Entrance Hall Entrance Hall Kitchen Area Side facing single glazed window, rear facing single glazed window overlooking communal garden, wall and base units, pantry, radiator and carpet flooring.
Living Area Two side facing single glazed sash cord windows facing towards the River Severn and Malvern Hills, bay area, two radiators, open fireplace and carpet flooring.
Bedroom One Two side facing single glazed sash cord windows facing the River Severn and Malvern Hills, fitted wardrobes, radiator and carpet flooring.
Bedroom Two Two front facing single glazed sash windows, hand wash basin, walk in shower, radiator and carpet flooring.
Bathroom Rear facing single glazed window, bath, storage cupboard, storage cupboard, radiator and carpet flooring. W.C. Side facing single glazed window, hand wash basin and carpet flooring.
Outside Outside Front To the front of the property is a gravelled communal driveway with steps leading up to the entrance door. Allocated parking and garage are to right of the property.
Outside Rear To the rear of the property is a communal garden area. Garage In need of renovation and a new roof, but offers potential for extra storage or space for a vehicle.
Services All mains services are connected to the property.
Leasehold: Length of lease: 999 years remaining from 1974 Annual Ground Rent: TBC Annual Service Charge: TBC All owners of flats in the building are sharers of the freehold.
Each flat pays £75 per month into communal fund for maintenance/insurance. Lease details are currently being compiled. For further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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.
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About Chacewater Avenue, Worcester
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