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Pierpoint Street, Worcester, Worcestershire Sold

Guide Price
£700,000
HMO
14 beds
8 baths

Map

Features

Possible Income of £84,600
14 Bedrooms
Prominent City Centre Location
Rare Investment Opportunity

Description

ODOS Properties & Partners are proud to present this 14 bedroom HMO in Worcester City Centre that could generate an income of £84,000+ per annum. In brief, the property comprises of 14 double bedrooms (4 of which have en-suite bathrooms). 3 Kitchens / dining areas, 4 lounges and a further 4 shower rooms.

The new rental valuation as of 29/02/2024 have proposed the following values;
£495pcm for standard rooms,
£525pcm for ensuite rooms.

This could generate £84,600 per annum.

The property is located in a prominent position in Worcester City Centre, just a short walk from Worcester Foregate Street Station, The Bus Station and the abundance of amenities within a close proximity, making it perfect for Students. The HMO's are spread across two adjoining properties with separate entrances, one of which gives access to 8 bedrooms with suitable communal areas, the other entrances gives access to 6 bedrooms with suitable communal areas.

Viewings are strongly advised to appreciate the potential that this HMO offers.

Floorplans available upon request. For more information contact ODOS Properties & Partners.

We always refer our sellers to Montrose Conveyancing, The Mortgage Branch, The Mortgage Mum or Hudson Rose Ltd. We choose our referrers based on their similar methods of work, culture, values and level of service. It is your decision whether you want to choose to deal with Montrose Conveyancing, The Mortgage Branch, The Mortgage Mum or Hudson Rose Ltd. Should you decide to use Montrose Conveyancing, The Mortgage Branch, The Mortgage Mum or Hudson Rose Ltd, you should know that we receive a referral fee of £150 from them for referring you to them.

Additional Information

Bedrooms 14 Bedrooms
Bathrooms 8 Bathrooms
Receptions 4 Receptions
Ensuites 4 Ensuites
Kitchens 3 Kitchens
Tenure Freehold
Rights and Easements Ask Agent
Risks Ask Agent

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