Summary - 73 Stanley Road WR5 1BB
5 bed 1 bath Duplex
Five-unit freehold near Worcester city centre with immediate rental income.
HMO layout: two apartments, one studio and two bedsits, seven-person capacity
A ready-made, income-producing freehold close to Worcester city centre: this Victorian mid-terrace has been refurbished for HMO use and inspected and approved by the council in 2024. Configured as two apartments, one studio and two bedsits, the property currently houses six of seven permitted occupants and includes white goods and recent safety upgrades such as new fire doors and an alarm system.
The property offers immediate rental returns with a stated full-occupancy income of £2,669 pcm (£32,028 pa). Practical features include a private rear garden of approx. 80ft, double glazing, high ceilings and period bay windows that retain character, and separate electric supplies for landlord and some units to simplify billing. Newly fitted carpets and redecoration have been completed within the last 18 months.
Buyers should note material considerations for operating costs and management. Heating is wholly electric via storage heaters, which typically increases running costs compared with gas. There is a single bathroom serving the whole house despite seven-person HMO occupancy. The property sits in an area with very high crime levels and wider deprivation indicators — factors that can affect lettings, insurance and long-term capital growth. Walls are solid brick and likely lack cavity insulation.
This lot will be sold at auction and is presented as an investment requiring active management. Rental figures and tenant details have been supplied by the vendor and should be formally verified by purchasers’ solicitors. The recent council HMO sign-off and safety works reduce immediate compliance risk, making this suitable for an investor seeking near-term income with awareness of operating constraints.
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