**Standout Features:**
- **Planning Permission:** Full consent for development of 54 student bedrooms (REF 22/00334/FUL).
- **Size:** Approximately 0.28 acres (0.11 hectares).
- **Location:** Prominent position in Worcester, just 900m from the city center.
- **Access:** Pedestrian access to Henwick Road via a footpath from the site.
- **Future Potential:** Opportunity for a modern multi-story design featuring indoor cycle storage, laundry facilities, and shared amenity space.
**Concerns:**
- The site has an existing building that will require demolition.
- Land borders a high-crime area; buyers should assess local safety and community dynamics.
This development opportunity on Henwick Road presents a unique chance for investors to capitalize on Worcester's growing student population, driven by the proximity to the University of Worcester. The proposed four-storey building is designed to cater to modern student living, offering clusters of three to five bedroom apartments. The contemporary architectural style promises a welcoming environment, potentially enhancing rental appeal for future tenants. With excellent mobile signal and fast broadband speeds, these features add significant value in today’s market.
Despite its positive aspects, including the prospect of creating a vibrant student community, potential buyers should be mindful of the existing building demolition requirement and the neighborhood’s crime rates. Overall, this site offers a wealth of potential for the right developer ready to invest in a growing area. Get in quick; opportunities like this are rare and may not last long!
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