£260,000
3 bedroom detached house for sale
Worcestershire, WR2 5EU
detached house 
3 bedrooms Property description
Investment Opportunity! HMO Standard 3-Bedroom Terraced House in Broadway Grove, Worcester
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.
Key Features
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 facilityWell-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
Investment Potential
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.
Location
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.
Conclusion
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!
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.
Key Features
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 facilityWell-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
Investment Potential
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.
Location
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.
Conclusion
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!
Property photos
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First listed
Over a month agoEnergy Performance Certificate
Worcestershire, WR2 5EU
Marketed by
Platinum Property Agents - Worcester 15-17 St Johns Worcester WR2 5AECall agent on 01905 946860
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Worcestershire, WR2 5EU - Streetview
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