7 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Location
- Commercial
- 5 Bed HMO
- Two Flats! 1 & 2 bedrooms
- Brand new
- Call now to arrange a viewing
KCR Real Estate is excited to present a remarkable investment opportunity in the heart of Worcester’s vibrant city centre. This expansive property seamlessly combines a thriving commercial unit with high-quality residential accommodations, creating a versatile asset for discerning investors seeking stability and growth. With a strategic location on Broad Street, this property benefits from high visibility and significant foot traffic, making it attractive not only to tenants but also to potential customers of the commercial space. The ground floor features a well-established commercial unit that is currently tenanted with a secure lease for the next 9 years, generating a reliable income of £1,400 per month. This dependable revenue stream provides a solid foundation for your investment strategy, making it an ideal choice for both seasoned investors and those entering the market.
Above the commercial unit, the property boasts a brand new 5-bedroom House in Multiple Occupation (HMO), accessible via a private entrance. This thoughtfully designed residence caters to modern living, with spacious double bedrooms that offer ample room for comfort and personalization. The two shared bathrooms are conveniently located, ensuring that all residents have easy access without compromising privacy. The heart of the HMO is its expansive kitchen/diner reception room, which serves as a vibrant communal space for residents to gather, socialize, and enjoy meals together. Fully equipped with top-of-the-line appliances, including two new cookers, a refrigerator, and a washing machine, this kitchen is designed not just for functionality but also to foster a sense of community among tenants. The well-planned layout and modern finishes of the HMO make it particularly appealing to students and young professionals seeking a comfortable and stylish living environment.
At the rear of the property, you’ll find two newly constructed ground floor flats that enhance the investment's potential even further. One flat is a beautifully designed two-bedroom unit featuring skylight windows that fill the space with natural light, creating an uplifting and inviting atmosphere. The other is a sleek one-bedroom flat, equally well-finished and ready for immediate occupancy. Both flats are ideal for attracting a diverse range of tenants, from young professionals to couples looking for convenient living spaces in a central location. With modern finishes and thoughtful layouts, these flats not only provide comfortable living but also add significant value to the overall property.
This investment property not only promises a robust rental income but also offers a diverse portfolio of commercial and residential options, catering to the ever-growing demand in Worcester’s rental market. Its prime location ensures unparalleled access to local amenities, transport links, and a thriving community, making it a highly sought-after choice for both residential and commercial tenants. The combination of a secure commercial lease and attractive residential accommodations positions this property as a standout opportunity.
Don’t miss out on this unique chance to secure a prime investment in Worcester. Contact KCR Real Estate today for more information or to arrange a viewing!
Places of interest
See more properties like this:
*DISCLAIMER
Property reference ng6Ys9k-aS8. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by KCR Real Estate - Leicester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.