Summary - 24 EXBURY PLACE WORCESTER WR5 3TP
1 bed 1 bath Apartment
Affordable first‑home or buy‑to‑let with garage and long lease in Worcester.
- Long lease (circa 969 years) with no ground rent or service charge
- One bedroom apartment, about 417 sq ft — compact living space
- Garage and parking included; garage currently not used by tenant
- Currently tenanted at £625 pcm; estimated rent with garage ~£750 pcm
- Dated interior and kitchen — requires light modernisation
- Leasehold with freehold believed to be Crown (absent freehold) — check mortgageability
- Buyer’s fee payable on completion (additional to purchase price)
- Very low local crime, excellent mobile signal and fast broadband
This compact one-bedroom apartment in St Peters, Worcester, offers an affordable route onto the property ladder or a straightforward buy-to-let opportunity. The open-plan living area and separate bedroom provide functional space across approximately 417 sq ft, while a long lease (circa 969 years) and no ground rent or service charge minimise ongoing ownership costs.
A real practical advantage is the included garage and parking — a rare find for this size and location. The property is well placed for local amenities, public transport and schools, and benefits from very low local crime, excellent mobile signal and fast broadband, all helpful for day-to-day living or letting demand.
The apartment is dated in places and will suit buyers prepared to carry out light modernisation: the living room and kitchen show mid‑/late‑20th century fittings and the property would benefit from cosmetic updating. Currently let at £625 pcm without garage use; market rent with garage is estimated at around £750 pcm, subject to condition and demand.
Important practical points: the tenure is leasehold with the freehold believed to be held by the Crown (an “absent freehold”), so buyers should confirm mortgageability with their lender. A buyer’s fee payable on completion is also required and must be factored into purchase costs. These items aside, this is a low-cost, low-maintenance entry property in a sought-after Worcester suburb.
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