3 bedroom detached house

Looking for a profitable investment in Worcester? This well-maintained 3-bedroom terraced house in the desirable Broadway Grove is an excellent opportunity! Currently let for £1,610.72 per month, generating a gross annual rent of £19,328.64, this property offers strong rental returns.

• Spacious Living & Dining Area – A well-sized communal space ideal for relaxation and socializing.
• Three (3) Bedroom Terraced House - Small bedroom used as a storage facility
• Well-Maintained – Kept in excellent condition, ensuring a hassle-free investment.
• Modern Bathroom – A well-appointed bathroom for tenant convenience.
• Private Back Garden – A great outdoor space for tenants to enjoy.
• Off-Road Parking & Driveway – Convenient parking for residents.
• Prime Location – Close to local amenities, schools, transport links, and Worcester city centre.
• No Utilities, Council Tax, or Licence Fees – Enjoy reduced overhead costs, maximizing your net rental income.
• Unfurnished – A blank slate for tenants to personalize.
• EPC Rating - D

With a monthly rental income of £1,610.72 and a gross annual rent of £19,328.64, on a 5 year company agreement, this property offers a lucrative return. The property has HMO standard safety protection but an HMO licence is not required because only two bedrooms are used by the occupants. The company provides the furniture and appliances, and takes responsibility for minor repairs, however, the owner would be required to maintain the fabric of the building and safety equipment. Utilities and council tax are the responsibility of the company tenant.

With a rental yield of 7.4%, this compares favourably to a net yield from Student Letting without the additional work!

Worcester’s housing market has shown consistent growth, making this a solid long-term investment. Professional letting agents can manage the property for a hands-free experience.

Broadway Grove is a sought-after residential area in Worcester, known for its community atmosphere, excellent transport links, and local amenities. Shops, supermarkets, restaurants, and pubs are within easy reach, making it a desirable location for tenants. Well-regarded schools nearby also make it appealing for families.

This HMO standard unfurnished 3-bedroom terraced house in Broadway Grove is a fantastic investment opportunity. With no utilities, council tax, or licence fees, your overheads are significantly reduced, increasing your net income. Strong rental yields, a prime location, and long-term growth potential make this property a must-see.

Contact us today to arrange a viewing and secure your next investment!