Auction sale with strong rental potential close to Worcester city centre.
Five lettable rooms across three storeys, arranged for rental use
A three-storey modern mid-terrace townhouse arranged as five lettable rooms over well-proportioned accommodation. The property is freehold, double-glazed, gas central heated and includes a garage, driveway, small rear garden and a C-rated EPC — practical features for lettings or resale.
Currently four rooms are occupied producing £2,020pcm (£24,240pa); when fully let the income potential is circa £30,000pa. The house sits about 1 mile west of Worcester city centre with fast broadband and excellent mobile signal, making it suitable for student or young professional tenants and straightforward to manage from a distance.
Important legal and locational matters affect the sale: the property will be offered at auction and the Receivers have a temporary HMO exemption notice valid for three months from 23 June 2025. That exemption is non-transferable — any purchaser must apply for a new HMO licence after completion. The area shows higher crime and relative deprivation, which should be factored into lettings strategy and insurance costs.
This is a hands-on investment suited to buyers comfortable with auction purchase procedures, HMO licensing, and operating in a constrained local rental market. The layout and condition give clear scope for full occupancy, modest refurbishment, or conversion to owner-occupation, subject to securing any required licences and addressing local market considerations.