Summary - THE HOP WAREHOUSE, 35 FLAT 11 SOUTHFIELD STREET WORCESTER WR1 1NJ
1 bed 1 bath Duplex
**Standout Features:**
- **Duplex Apartment**: One double bedroom with characterful exposed beams.
- **Large Kitchen**: Well-equipped with modern appliances.
- **Allocated Off-Street Parking**: Secure space included.
- **Investor Opportunity**: Currently tenanted with a rental income of £750/month (approx. 9% yield).
- **No Onward Chain**: Immediate possession possible.
- **Electric Heating**: Efficient and low maintenance.
**Concerns:**
- **65-Year Lease**: Mortgage lenders may refuse to finance due to remaining lease duration.
- **Above Average Crime Rate**: Potential concern for families.
- **Council Tax**: Band A, considered low but always advisable to verify.
This charming duplex apartment presents a unique opportunity for cash buyers and savvy investors seeking a rental property in a cosmopolitan student neighborhood. Boasting a well-appointed kitchen, inviting sitting room with ample natural light, and a cozy bedroom with skylight, it combines modern living with character. Its secure allocated parking and chain-free status further enhance desirability. However, it's crucial to note the limited 65-year lease, which may limit lending options and impact long-term value. Don't miss out on this unique investment opportunity; properties like this in the area don’t stay on the market for long!
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