Summary - The Gatehouse, 1 The Butts WR1 3PA
4 bed 2 bath Mews
Refurbished 4-bed city-centre mews — investment or first-home opportunity, sold at online auction.
Freehold four-bedroom mews, approx. 958 sq ft, newly renovated
This modern four-bedroom mews (approx. 958 sq ft) is offered freehold and sold via online auction as Lot 2 of 2. Recently refurbished and ready to move into, the property suits investors seeking a city-centre rental or a first-time buyer wanting central living. Its layout could be re-licensed as an HMO, increasing rental yield potential in a student-and-commuter neighbourhood.
Positioned in Worcester city centre, the Gatehouse is within walking distance of shops, bars and restaurants and enjoys excellent mobile signal and fast broadband — strong practical advantages for tenants or home-workers. The building is modern (constructed 1996–2002), with double glazing, mains gas boiler with underfloor heating, and cavity walls (assumed insulated).
Buyers should note material negatives: the property is in a very high crime and high flood-risk area, and the wider area is classified as deprived. The sale is by auction with a buyers’ premium (2% + VAT, min £5,000) and a 10% deposit at the end of the auction — consult the legal pack for full charges and the undisclosed reserve.
Overall this is a compact, city-centre investment or first-home opportunity offering immediate rental or occupation potential after purchase. Factor in location risks and auction costs when assessing value and finance options.
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