Summary - 33 ST JOHNS WORCESTER WR2 5AG
1 bed 1 bath Terraced
Rare town-centre freehold with separate flat and vacant shop, ideal for rental returns.
Grade II listed mid-terrace freehold in central St Johns
A rare freehold investment in the heart of St Johns, Worcester: a Grade II listed, mid-terrace building combining a vacant ground-floor commercial unit and a self-contained one-bedroom flat above. The property sits on a busy high street close to shops, university facilities and transport links, making it attractive to both retail occupiers and rental tenants.
Income potential is clear and straightforward. The commercial unit is currently vacant and expected to achieve around £500pcm. The flat has been producing £625pcm and will soon be vacant, offering immediate flexibility for re-letting or owner occupation. Services are on a single supply with sub-meters, simplifying utility management between units.
There are practical considerations for buyers. The listed status will complicate alterations and may increase repair costs; the building is solid brick with no assumed cavity insulation, so energy-efficiency upgrades will require sensitive, potentially costly work. External amenity is limited — no private garden is visible — and the building has a narrow, vertical footprint typical of town-centre terraces.
For an investor seeking central location and steady rental demand, this mixed-use freehold offers achievable yields and hands-on asset management potential. Those planning refurbishment or change of use should budget for listed-building consent and fabric upgrades to improve long-term returns.
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