WR10 1BZ - 1 bed studio investment opportunity in Monks Close, WR10 1BZ

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1 bedroom apartment for sale in Monks Close, Pershore, WR10

Summary - 4 MONKS CLOSE PERSHORE WR10 1BZ

1 bed 1 bath Apartment

Low-entry buy in Pershore town centre with immediate rental potential.
- Compact first-floor studio: 343 sq ft open-plan layout
- Contemporary fitted kitchen and white bathroom suite
- Communal garden and off-street parking included
- Leasehold with c.95 years remaining; ground rent £10
- Sold at auction via online bidding; starting bid £70,000
- Signs of wear: stained carpet and dated decor; needs updating
- Area classified as deprived with very high crime rate
- Fast broadband, excellent mobile signal, no flood risk
This first-floor studio apartment in Pershore offers compact, practical accommodation aimed at investors or single occupants. The open-plan lounge/bedroom, contemporary fitted kitchen and white bathroom provide a ready-to-let layout within 343 sq ft, with communal garden and off-street parking adding rental appeal. Double glazing and a mains-gas boiler are in place, and the property is offered with no onward chain.

Important positives: long lease (95 years remaining), low ground rent (£10), fast broadband and excellent mobile signal, and a sought-after town-centre location close to shops, schools and transport links. The property will be sold at auction via secure online bidding with a starting bid of £70,000 — suitable for buyers experienced with auction purchases.

Material drawbacks are clear and stated: the apartment is very small and shows signs of wear (stained carpet, dated decor) so some updating is likely needed to maximise rent or resale value. The wider area is classified as deprived with a very high crime rate; these factors will affect lettability and yield assumptions. The tenure is leasehold — purchasers should review lease terms and service charges before bidding.

For an investor, this is a low-entry-cost purchase with straightforward, low-running-cost features and immediate rental potential once refreshed. For a buyer prepared to undertake light refurbishment and comfortable with auction purchase terms, the apartment presents a clear value proposition; however, budget for improvement and factor local area indicators into rental or resale expectations.

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