Summary - 23, HAPPY LAND WEST WR2 5DQ
4 bed 1 bath Terraced
Four-bedroom Victorian terrace with 10% gross yield, fully let and close to the university..
- Four lettable bedrooms, comfortable lounge and fitted kitchen
- Fully let for 2025/26; gross annual rent £22,880
- Gross yield approximately 10% at asking price
- Single downstairs bathroom serving four bedrooms
- EPC rating E; potential energy efficiency improvements needed
- Solid brick walls; likely no cavity insulation (assumed)
- Small private rear garden; mid-terrace Victorian character
- Approx. 15–17 minute walk to the University of Worcester
A ready-made high-yielding mid-terrace in Worcester, currently fully let for 2025/26 and producing a gross annual rent of £22,880. Positioned about a 15–17 minute walk from the University of Worcester, the property attracts reliable student and professional demand, giving immediate income and proven rental performance.
The house offers four lettable bedrooms, a comfortable lounge, fitted kitchen and a downstairs bathroom — a practical layout for HMO or family use. The property benefits from a small private rear garden and period features such as high ceilings and bay windows that add character and tenant appeal.
Important considerations: the property carries an EPC rating of E and has solid brick walls with no known insulation, which may mean higher running costs and scope for energy upgrades. There is a single bathroom serving four bedrooms, typical for this type but potentially limiting for non-student family use. Some cosmetic or energy-efficiency improvements could increase capital value and net yields.
For investors this represents a strong entry or addition to a portfolio, with a gross yield around 10% and immediate rental income. For a family buyer the layout is workable but the single bathroom and HMO-style setup may need alteration to suit long-term domestic use.
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