Auction opportunity with immediate rental income and further let-up potential.
Five lettable rooms currently arranged as HMO-style accommodation
A three-storey modern townhouse arranged as five lettable rooms close to Worcester city centre. Currently producing £2,200 pcm from four occupied rooms, the property offers immediate rental income with potential to increase to circa £30,000 pa when fully let.
Built c.2003–2006 with cavity walls, gas central heating and UPVC double glazing, the house is practical and low-maintenance. Accommodation includes a lounge/diner, fitted kitchen, one shared bathroom and a ground-floor utility; outside there is a small rear garden, driveway and an integral garage.
Important practical points: the property does not hold a current HMO licence. A temporary exemption notice valid for three months from 23 June 2025 has been issued to the receivers and is non-transferable — any purchaser will need to apply for a new HMO licence after completion. The area records higher crime levels and is classed as deprived, and the plot and overall house size are relatively small for a five-bed HMO.
Offered freehold at auction with a guide price of £230,000–£250,000, this is best suited to an investor or experienced landlord able to manage licensing, tenancy turnover and local letting risks. Up-to-date rent statements and legal pack information are available for review prior to bidding.