Summary - Wall House, 1 The Butts WR1 3PA
4 bed 2 bath House
Ready-to-rent investment with HMO potential and modern fittings.
City-centre location, walkable to shops, bars and transport
A versatile four-bedroom mid-terrace in Worcester city centre, recently refurbished and offered freehold via online auction. The property is ready to occupy and has potential to be re-licensed as an HMO, making it suitable for investors targeting the nearby student and commuter market. At about 1,111 sq ft, the house includes modern fittings, mains gas heating with underfloor heating, and double glazing.
The location is a major selling point: minutes on foot to shops, bars, restaurants, the university and transport links. Fast broadband and excellent mobile signal support lettings or home working. The decent plot and practical, contemporary kitchen and bathrooms reduce immediate maintenance needs.
Important cautions: the lot will be sold at auction with a buyers’ premium of 2% plus VAT (minimum £5,000) and a 10% deposit payable on completion of the sale. The property lies in a high flooding risk area and is recorded in a very high crime neighbourhood; the wider area is classified as deprived. Prospective purchasers should review the legal pack closely and factor in insurance, mitigation measures and security costs.
For investors, the HMO re-licensing potential and central location are attractive but balanced by local risk factors and auction purchase costs. First-time buyers should note auction procedures, deposit requirements and the local environment before bidding.
4 bedroom mews property for sale in 1 The Butts, Worcester, WR1 — £225,000 • 4 bed • 2 bath • 958 ft²
1 bedroom flat for sale in Flat 1 / 8 Bridge Street, Worcester WR1 3NJ, WR1 — £60,000 • 1 bed • 1 bath • 333 ft²
5 bedroom town house for sale in 26 Ingles Drive, Worcester, Worcestershire, WR2 5HR, WR2 — £250,000 • 5 bed • 1 bath • 1443 ft²
1 bedroom apartment for sale in Bridge Street, Worcester, Worcestershire, WR1 3NJ, WR1 — £60,000 • 1 bed • 1 bath • 334 ft²
2 bedroom terraced house for sale in Mill Street, Worcester, Worcestershire, WR1 — £140,000 • 2 bed • 1 bath • 898 ft²
3 bedroom terraced house for sale in 30 London Road, Worcester, WR5 2DL, WR5 — £46,000 • 3 bed • 1 bath • 1314 ft²
