Chain-free, large one-bed flat with parking and strong rental potential..
- Chain-free one-bedroom apartment, one of the largest units
- Open-plan kitchen/lounge with integrated oven and fridge/freezer
- Allocated off-street parking included
- 115 years remaining on lease (leasehold)
- Service charge c. £3,240pa; ground rent £250pa
- Electric room heaters (higher running costs than gas)
- Situated on regular bus route into Worcester city centre
- Area classified as deprived / industrious hardship; average crime
This one-bedroom apartment occupies one of the largest units in Bridgewater House, offered chain-free and with allocated off-street parking. The open-plan kitchen/lounge has a modern fitted kitchen and generous glazing that brings in natural light. With 115 years remaining on the lease and a realistic rental yield quoted at around 9.5%, it suits first-time buyers wanting a starter home or investors seeking a lettable city-centre unit.
Be factual about running costs: heating is by electric room heaters and the property is powered by electricity, which can be more expensive than gas. The annual service charge is relatively high at £3,240 and ground rent is £250, both material costs to factor into affordability or yield calculations. The wider area is described as deprived with industrious hardship and a hampered neighbourhood classification, and local amenities are predominantly retail and light industrial; crime levels are average.
Internally the apartment is in modern condition with contemporary finishes, a fitted bathroom and built-in kitchen appliances. Room sizes are compact but the layout feels open thanks to the integrated kitchen-lounge. Transport links are good, with a regular bus route into Worcester city centre, and local convenience and retail outlets close by.
This property offers clear potential: a straightforward, chain-free purchase with immediate rental prospects or an affordable entry into homeownership. Buyers should budget for ongoing service-charge and electric-heating costs and be comfortable buying in a more deprived, mixed-use area.
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