Presenting an outstanding investment opportunity in the heart of Worcester, this four-bedroom house, located in Happy Land West, is perfectly positioned to attract students and professional tenants. Offered for sale with offers over £230,000, this property boasts an impressive gross yield of 10%, making it a highly appealing proposition for discerning investors seeking a robust return. This house is currently fully let for the 2025/26 academic year, generating a substantial gross annual rent of £22,880. This immediate income stream provides peace of mind and a strong foundation for any portfolio. Its strategic location is a significant draw, being just a seventeen-minute walk to the University of Worcester, ensuring consistent demand from the student population. The property itself comprises four well-proportioned bedrooms, offering comfortable living spaces for tenants. The layout features a welcoming lounge, offering a shared space ideal for relaxation and socialising. The fitted kitchen is practical and well-equipped, catering to the needs of multiple occupants. A conveniently located downstairs bathroom includes a bath with a shower, and the utility area includes a washing machine and tumble dryer, enhancing its functionality for an HMO setup. Externally, the property benefits from a private rear garden, offering valuable outdoor space for tenants to enjoy. This feature adds to the property's appeal, providing a tranquil escape from academic or work pressures. The overall presentation of the house is conducive to its current use as a successful HMO, requiring minimal immediate input from a new owner. Worcester itself is a vibrant city with excellent amenities, transport links, and a thriving student community, all of which contribute to the sustained demand for rental properties in the area. The proximity to the university, coupled with the property's established rental history and strong yield, underscores its potential as a long-term, high-performing asset. Furthermore, the property holds an EPC Rating of E, providing important information regarding its energy efficiency. This detail is crucial for prospective buyers considering the property's running costs and environmental impact. Investing in this property means acquiring a ready-made income stream with a proven track record and significant future potential in a sought-after location. This is a rare chance to secure a high-yielding asset in a prime Worcester location, ideal for expanding an existing portfolio or making a strong entry into the investment market. Early viewing is highly recommended to fully appreciate the scope and value of this exceptional offering.
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.
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