Stanley Road, Worcester, Worcestershire
- PROPERTY TYPE
Duplex
- BEDROOMS
5
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- HMO Property Victorian Townhouse - City Centre
- Comprising -
- 2 Apartments
- 1 Studio Apartment
- 2 Bedsits
- Rear Garden - Approx 80ft
- Potential Income £32.028 P.A
Description
The house has been extensively refurbished over the last 18 months to provide a total HMO occupancy of seven persons. It complies with all current HMO regulations and was inspected and all work approved in 2024 by local council. The property has had new fire doors, a new fire alarm system, and new carpets in most areas, it has also been redecorated throughout.
There are three electric supplies to the property, one being Landlord supply, two being Apartment One and lastly the third being Apartment 5. The landlord supply services communal areas, water, heating and emergency lighting. Studios 2, 3 and 4 have independent coin metres which the tenants fund and the landlord collects. The heating is all electric at this property.
The total income received when this property is fully occupied is £2669 pcm OR £ 32.028 per annum.
PLEASE NOTE ALL FIGURES HAVE BEEN SUPPLIED BY OUR VENDOR AND ARE DEEMED TO BE CORRECT BUT MUST BE VERIFIED BY YOUR SOLICITOR UPON AGREED SALE
PROPERTY SUMMARY
We are pleased to offer to auction this investment opportunity comprising of 2 apartments, 1 studio apartment and 2 bedsits in a Freehold Victorian townhouse within half a mile of Worcester city centre. Four of the five units have sitting tenants, with Apartment 5 recently vacated.The property promises immediate returns and a reliable rental income, all white goods are included and all tenants are professionals, A cleaner attends once weekly to attend to communal areas. The house has been extensively refurbished over the last 18 months to provide a total HMO occupancy of seven persons. It complies with all current HMO regulations and was inspected and all work approved in 2024 by local council. The property has had new fire doors, a new fire alarm system, and new carpets in most areas, it has also been redecorated throughout. Their are three electric supplies to the property , one being Landlord supply, two being Apartment One and lastly the third being Apartment 5. The (truncated)
Entrance Hall
The entrance hall at ground floor level provides access to Apartment one, Studio 2 and Studio 3. In addition access to communal wc and communal shower room. Door to utilities cupboard housing meters etc
Apartment One -Lower Ground Floor
Accessed via door on ground floor entrance hall with stairs leading down to lower ground floor , or door on lower ground floor from their kitchen/diner leading out onto garden., This is a very good sized apartment with master bedroom, bathroom , lounge, and kitchen diner. The garden is solely for use of Apartment One.This apartment can be occupied by 2 people. The tenant in addition to rent pays its own water rates and electricity and makes a contribution of £27pcm towards council tax. The electric is fitted with a two rate key meter which is found in the utilities cupboard in main hallway. Rent Achieved - £760 pcm
Bedsit 2 - Ground Floor Front
This bedsit apartment comprises of kitchen,lounge,bedroom combined. They have use of the wc and showeroom also on the ground floor.The tenant in addittion to rent makes a contribution of £15pcm towards council tax and water rates Rent Achieved £375 pcm.
Bedsit 3 - Ground Floor Rear
This bedsit apartment comprises of kitchen,lounge,bedroom combined. They have use of the wc and showeroom also on the ground floor.The tenant in addittion to rent makes a contribution of £15pcm towards council tax and water rates. Rent Achieved £ 430 pcm
Studio 4 - First Floor
This studio apartment is accessed on the first floor and facing the rear of the property with lounge, kitchen, bedroom combined and seperate shower room. Electricity is provided via Landords supply, submetered via a two rate coin meter to allow for heating costs. They pay their own water rates and a £27 pcm contribution towards council tax. Rent Achieved - £450 pcm
Apartment 5 - Duplex First & Second Floor
Currently vacant and a sizeable duplex apartment. On the 1st floor is lounge / kitchen - city living combined. Up again to the 2nd floor with 1 double bedroom and 1 large dressing room . It has both a shower room and utility. The council insist on only one occupant to reside in this specific apartment.The night storage heating and power supply is via key meter.This apartment pays its own water and electricity. It also pays a contribution of £27 pcm towards council tax. Rent To Follow - New tenant moving in End Of September at £670 pcm
Rear Garden - Approx 80ft
With pedestrian side access , the garden is majority grassed.
- 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: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Stanley Road, Worcester, Worcestershire
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference HEO252624. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Leaders Sales, Worcester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Leaders Sales, Worcester on 01905 887216.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.