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6 Flats - East Street, Worcester, WR1 1NF

PROPERTY TYPE

Apartment

BEDROOMS

6

BATHROOMS

6

SIZE

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TENURE
Describes 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

  • ideal for first time buyer or investment
  • Six (6) Flats Apartment
  • Currently Tenanted 2025-2026
  • Potential Annual Rent Income = £41,400
  • Converted Apartment building
  • Open-plan kitchen/living space
  • Shower/Bathroom
  • Local supermarkets including Aldi, Tesco Express, and Sainsbury’s nearby
  • Close to Worcester city centre and university transport links

Description

Presenting a unique and highly attractive investment opportunity in the heart of Worcester, this converted apartment building comprises six individual flats, all currently tenanted until the 2025-2026 academic year. This property offers an impressive potential annual rental income of £41,400, making it an outstanding prospect for both seasoned investors and first-time buyers looking for a significant, income-generating asset.

Each of the six self-contained flats is thoughtfully designed to maximise space and comfort, featuring an open-plan kitchen and living area, a well-appointed shower or bathroom, and a comfortable bedroom. The conversion has been executed to a high standard, ensuring modern living spaces that appeal to tenants.

Strategically located, the property benefits from its close proximity to Worcester city centre, approximately 0.3 to 0.6 miles away. This prime position ensures residents have easy access to a wide array of amenities, including local supermarkets such as Aldi, Tesco Express, and Sainsbury's, all within a short distance. The vibrant city centre offers extensive shopping, dining, and entertainment options, alongside excellent transport links, further enhancing the appeal and rental demand for these flats.

With all six units currently occupied, this property provides immediate rental income, eliminating the typical void periods associated with new acquisitions. The fixed price of £496,000 represents excellent value for a multi-unit dwelling in such a desirable location, offering a robust return on investment.

This is a rare chance to acquire a substantial, income-producing asset in a sought-after area of Worcester. Whether you are expanding an existing portfolio or making a significant entry into the property market, this six-flat apartment building offers a compelling proposition. Early viewing is highly recommended to fully appreciate the scope and potential of this exceptional investment.

Disclaimer:
The floor plan for this property is currently unavailable and will be uploaded soon. In the meantime, we encourage interested applicants to book a viewing to fully appreciate the property layout, room sizes, and overall accommodation in person.
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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6 Flats - East Street, Worcester, WR1 1NF

Approximate location
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Affordability

Monthly repayments£2,608
Property: £ 520,000
Deposit: £ 52,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are 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.
Recently sold & under offer
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About Platinum Property Agents, Worcestershire

15-17 St. Johns, St. Johns, Worcester, WR2 5AE

Platinum Property Agents has offices in St Johns, to the West of Worcester, and Malvern Link working together as one in providing unrivalled coverage for selling town and country property, and letting both residential & student accommodation.

The company was founded in 2008 based on blending the best of the traditional estate agency with the best modern practices and technology available. Our vision is to offer the best service standards possible using our expertise and professionalism to advise you on the promotion, negotiation and transfer or management of your property.

We believe that the best results come from having a real understanding of what you really are trying to achieve. Blending our expertise with transparency creates real results in an ever changing market.

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Disclaimer - Property reference PLT_WRC_LFSYCL_320_798505404. 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 Platinum Property Agents, Worcestershire. 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.

*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.

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