Fully furnished, let HMO near University — immediate income with upgrade potential..
- Let to University students for 2025/26 academic year
- Gross rent £24,960 pa (approx. 10% gross yield)
- Four double bedrooms, fully furnished including cellar bedroom
- Extended ground-floor kitchen/diner and separate lounge
- Ground-floor shower room and first-floor bathroom
- EPC rating D; double glazing pre-2002; likely no wall insulation
- Small rear garden and small plot size
- Local area deprived with high crime; affects long-term growth
A ready-made HMO investment in Worcester, this four-double-bedroom mid-terrace is let to University of Worcester students for the 2025/26 academic year and returns a gross rent of £24,960 (approx. 10% gross yield at the asking price). The property is fully furnished and extended to provide a kitchen/diner, with a generous converted cellar bedroom, separate lounge and easy access to St John’s campus by a 12-minute walk.
The layout suits investor buyers looking for immediate income: four double bedrooms (all with furniture), a ground-floor shower room, a first-floor bathroom and a small rear garden. The property is freehold, double-glazed (installed pre-2002) and heated by a mains-gas boiler and radiators. Council tax is described as cheap and overall size is average for this building type.
Buyers should note material issues honestly: the building is a solid-brick 1930s–1940s terrace likely without cavity insulation, the EPC rating is D, and there may be a need for thermal upgrading or other modernisation to improve efficiency. The local area scores as deprived with high crime statistics, which affects tenant profiles and long-term capital growth. The garden and plot are small, and some cosmetic or compliance works may be needed to maintain HMO licencing standards and long-term tenant appeal.