WR5 3TP - 1 bedroom apartment for sale in 24 Exbury Place, St Peters,…

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1 bedroom apartment for sale in 24 Exbury Place, St Peters, Worcester, WR5 3TP, WR5

Summary - 24 EXBURY PLACE WORCESTER WR5 3TP

1 bed 1 bath Apartment

Affordable one-bedroom with garage and long lease in sought-after St Peters..
No ground rent or service charge
Circa 969 years remaining on lease
One bedroom, open-plan living—approx. 417 sq ft (small)
Includes garage and off-street parking (garage currently not used by tenant)
Currently let at £625 pcm; estimated £750 pcm with garage
Dated interior needing modernisation and updating
Freehold believed to be Crown/absent — mortgage checks essential
Buyer’s fee payable on completion (additional cost)
Located in sought-after St Peters, this one-bedroom apartment offers an affordable entry into Worcester’s popular residential area. The open-plan living space and compact kitchen deliver practical daily living, while a garage and allocated parking provide rare convenience for this property type.

The lease is exceptionally long (circa 969 years) and there are no ground rent or service charges, reducing ongoing ownership costs. Currently let at £625 pcm without garage use; market rent with garage is estimated around £750 pcm, providing clear investor potential once vacant. The area is very affluent, with excellent broadband and mobile signal, low crime and easy access to local shops, schools and transport.

Notable drawbacks are factual and important: the property is small (approx. 417 sq ft) and the interior shows dated features that will benefit from modernization. The freehold is believed to be held by the Crown (absent freehold), so buyers must confirm mortgageability with their lender. A buyer’s fee is payable on completion and should be factored into costs.

This apartment suits first-time buyers seeking a low-running-cost starter home or investors looking for a straightforward let in a strong location. Viewings will best suit those prepared to accept modest living space and to update fixtures and finishes to maximise value.

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