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SOLD STC

Farrier Street, Worcester, WR1 3BJ

Key features

  • Student Investment Property
  • No Onward Chain
  • Eight En-Suite Double Rooms
  • Communal Kitchen/Diner/Lounge
  • Current Rental Income £4605.28pcm/£50658.08
  • Current Yield When Fully Let £9.21%
  • 2024 £4870.64 PCM/11months £53577.04 Gross Yield 9.74%

Description

Summary:

Court Mews is a purpose built student investment property located in Farrier Street. This property offers modern fixture and fittings alongside being well presented throughout. The property sits next to the railway arches which has new business, such as Method Coffee, Archworks and Axe Junkies to name a few. An upcoming and thriving spot. The property as a whole is made up of six terrace units with a total of 48 en-suite rooms. 2 Court Mews is a purpose built private student halls creating one of the six units with a total of eight en-suite rooms. There are two units up for sale with an option to buy 1 Court Mews for anyone looking to add several properties to their portfolio. Being just a short throw away from Foregate Train Station, The Hive Library and Worcester City Campus as well as all the bars, restaurants and shopping facilities that the town has to offer, this makes the perfect spot for students to reside.

Description:

This property is split over three floors, with the ground floor comprising; hallway with storage cupboard and stairs to first floor. Two double en-suite bedrooms. Open plan kitchen/dining/living area with the kitchen area offering base and eye level units with roll top work surfaces and breakfast bar. Built in appliances to include; two extractor fans, two hobs and double oven. Space for fridge/freezer and plumbing for washing machine. To the first floor are four further double en-suite rooms. To the second floor are two double en-suite rooms. 
The en-suite shower rooms offer white piece suites and half tiled walls and heated towel rails. 
The rooms come with built in furniture. The property benefits from gas central heating and double glazing. 

Agents notes - 

September 24

Rents looking to achieve CM1 and CM2  £4870.64 pcm  11months £53577.04  gross yield 9.74%.  Some rooms  already filed for September at these prices.  

Outside:

Outside there is CCTV cameras, bike storage and communal bins. 

Location:

The location is in the heart of this vibrant city, within walking distance of cosmopolitan bars, restaurants, cafés, and shops. 24-hour gyms and Foregate Street station less than a minute walk, with a direct line to London, Paddington.  The town is full of culture with art galleries, theatres, and live music. Saturday Street markets and annual Christmas Fayre. Worcester has so much history to explore with museums and historical walks. The River Severn runs through the city and offers beautiful walks passed Worcester Cathedral. There are plenty of sports to enjoy, including Worcester County Cricket Club and Worcester Pitchcroft hosts horse racing. For students there is The Hive Library and Worcester City Campus. A thriving town that has something for everyone and very easy transport links.

Rooms:

Brochures

Brochure 1

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: C

Farrier Street, Worcester, WR1 3BJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worcester Foregate Street Station0.1 miles
  • Worcester Shrub Hill Station0.6 miles
  • Worcestershire Parkway Station3.8 miles
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About the agent

Arden Estates, Worcester

Foregate Street, Worcester, WR1 1DB

Arden Estates, Worcester

Here at Arden we recognise that your home is often your most valuable asset. We also understand that whether you're buying, selling or renting you want a smooth, stress free experience. Here are some of the benefits you will enjoy if you instruct us to sell or rent your property:

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