Terraced house for sale in Upper Tything, Worcester WR1

£750,000 (£289/sq. ft)
Terraced house for sale - 10 bedrooms 10 10 1 2,591 sq. ft*
Interested in this property? Call +44 20 8115 4124 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Fully tenanted investment property
  • Fully licenced HMO
  • Commercial unit on the ground floor
  • £75,120 rent per annum
  • 10.0% Gross Rental Yield
  • 17.3% hpi (last five years)

Property description

This is an investment opportunity to purchase a HMO property with a commercial unit in Worcester generating £75,120 rent pa & gross yield of 10%.

Property information

  • Terraced block containing:
    • Commercial unit on the ground floor
    • HMO on the first and second floor

  • Fully licenced HMO for 10 occupants in 10 bedrooms
  • The property has been fully refurbished
  • Each bedroom has its own ensuite bathroom
  • Shared kitchen on the lower ground floor
  • Shared living room on the first floor
  • EPC rating C
  • The property is fully managed by a third party


Rental information

  • Room 1 - £550 pcm
  • Room 2 - £550 pcm
  • Room 3 - £550 pcm
  • Room 4 - £550 pcm
  • Room 5 - £595 pcm
  • Room 6 - £595 pcm
  • Room 7 - £550 pcm
  • Room 8 - £550 pcm
  • Room 9 - £550 pcm
  • Room 1- - £595 pcm
  • Commercial unit - £625 pcm - currently vacanct
  • Total rent pcm: £6,260
  • Total rent pa: £75,120


Running costs

The vendor provided us with the following running costs for this property:

  • Council tax: £121 pcm
  • Gas: £225 pcm
  • Water: £55 pcm
  • Electric: £200 pcm
  • Broadband: £33 pcm
  • Insurance: £76 pcm
  • Total cost pcm: £710
  • Total cost pa: £8,520


Location information

  • The property is in a great location less than 10-minute walk from the city centre
  • Many amenities and shops on the doorstep
  • Worcester Foregate Street railway station is half a mile from the property


Note

Please note that Vesta has not visited this property and that all material has been provided by the vendor.

Property info

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* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Vesta Property, N3 on +44 20 8115 4124 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vesta Property, and do not constitute property particulars. Please contact Vesta Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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