Summary - 17 OTTER LANE WORCESTER WR5 3PQ
1 bed 1 bath Apartment
Affordable ground-floor home near shops and transport, ideal for first-time buyers.
Ground-floor one-bedroom apartment with separate living room and kitchen
Allocated off-street parking plus occasional visitor spaces
Long lease: 969 years remaining, simplifying future sales
Estimated rental potential £675–725 pcm, good for investors
Service charge approx. £1,140 per year (£95 pcm)
EPC rating D; electric room heaters may raise energy costs
No private garden; average-sized rooms suit singles or couples
Council Tax Band A — relatively low ongoing local tax
This one-bedroom ground-floor apartment in St Peters offers a compact, practical home for first-time buyers or a straightforward rental for investors. The separate living room and kitchen provide a traditional layout, and the bedroom benefits from built-in wardrobes for tidy storage. An allocated off-street parking space is included—valuable in this popular residential area within walking distance of local amenities including Tesco.
The property has a very long lease (969 years) and low council tax (Band A), which reduce running costs and strengthen mortgage eligibility or rental appeal. Estimated rental income of £675–725 pcm suggests reasonable yield at the asking price of £125,000. Full fibre broadband and very low local crime add to everyday convenience and peace of mind.
Buyers should note practical drawbacks: heating is electric with room heaters, which can be more expensive than mains gas, and the EPC is grade D. There is no private garden and the apartment is average-sized, so space is limited compared with larger homes. Service charge is approximately £1,140 per year (£95 pcm), which covers communal maintenance.
Overall this apartment suits someone seeking an affordable entry into the property market or a low-effort investment in a well-connected Worcester neighbourhood. Viewings will show whether the layout and finish meet your needs, and the long lease and allocated parking are genuine long-term advantages.
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