This property has been taken off the market.
3 Bed End Terrace House For Sale Arboretum Road, Worcester, WR1
£225,000- End Terrace
1 of 7
- Description
- Floor Plan
- Street View
- Maps
Last Updated: 17th April 2024
Description
Are you looking to make a smart investment in the heart of Worcester? Then look no further than this superb three-bedroom HMO on Arboretum Road. Not only does this property offer a convenient location in Worcester City Centre, but it also boasts excellent rental potential as a fully let House in Multiple Occupation (HMO), currently generating £18,000 per annum.
Location, Location, Location
Situated in Worcester City Centre, this house is surrounded by amenities, shops, restaurants, and entertainment options. Everything you need is just a stone's throw away. Whether you are looking for convenience as an occupant or high rental demand as an investor, this prime location offers the best of both worlds.
Spacious and Versatile
Step inside this charming house, and you'll discover a spacious and well-laid-out interior. The ground floor features a reception room, perfect for lounging and entertaining guests. The fully equipped kitchen provides all the necessary appliances and plenty of counter space for culinary adventures. Additionally, there's a cellar, allowing for extra storage or conversion possibilities.
Investment Potential
With full occupancy and a significant annual rental income of £18,000, this house represents an excellent investment opportunity. The HMO status ensures a steady rental yield, making it an appealing choice for investors seeking to maximize their profits. Moreover, the property benefits from secure off-road parking, an attractive feature for tenants in Worcester City Centre.
Potential to Develop and Add Value
Looking to add your personal touch or increase the property's value? This house offers further scope for development. Whether it's expanding the living space, creating additional rooms, or enhancing the outdoor areas, the possibilities are endless. Don't miss the chance to turn this already fantastic property into your dream investment or forever home.
No Onward Chain
To make your purchasing process even smoother, this property comes with no onward chain. You can move forward with your plans without any delays or complications, allowing you to seize this excellent opportunity right away.
In conclusion, this charming three-bedroom house in Worcester City Centre is an exceptional investment opportunity for those seeking a prime rental location, secure off-road parking, and further scope to develop. Fully let at £18,000 per annum and with no onward chain, this property won't stay on the market for long. Don't miss out on making this your next successful investment or dream home. Book your viewing today.
Agent Details
Platinum Property Agents & Platinum Property Rentals
15-17, St. Johns, Worcester, WR2 5AE
Show Contact Number
01905 426 000
Investment Analysis
Annual Rent:
Annual Mortgage Interest:
Annual Costs:
Calculators
Mortgage Finder
Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required
Similar Properties
A few properties that are similar to this 3 bedroom property. See more properties like this.
£250,000
Worcester, WR5
End Of Terrace
7.2
£140,000
Worcester, WR3
Semi Detached
6.3
£290,000
Worcester, WR1
Terraced
6.1
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.