Summary - 5 ELKSTONE CLOSE WORCESTER WR4 9XH
1 bed 1 bath Flat
Chain-free one-bedroom with garage, parking and strong rental potential close to transit.
- One-bedroom first-floor maisonette with efficient layout
- Chain-free sale; convenient for M5 junction 6 and city centre
- Garage beneath property plus one external parking space
- Anticipated rental yield approximately 9.6%
- Leasehold: 90 years remaining; budget for extension costs
- Ground rent £150; service charge £504 per year (below average)
- Local area records higher-than-average crime levels
- Small overall size (362 sq ft); limited living space
A compact one-bedroom maisonette offered chain-free and well positioned for easy access to junction 6 of the M5 and Worcester city centre. The layout is efficient: lounge with space for dining, separate kitchen, double bedroom and bathroom. An underbuilding garage plus an additional parking space adds useful asset value for tenants or owners.
This property presents clear appeal to investors seeking straightforward rental income—the advertised yield is around 9.6%—or first-time buyers wanting an affordable entry to the area. Running costs are modest: combined ground rent and service charge total £504 per year, ground rent £150, and council tax is very low. The 90-year lease remaining means future buyers should budget for eventual lease extension costs.
Constructed in the late 1960s/early 1970s with later double glazing and gas central heating, the building is utilitarian and durable but not high-spec. Broadband speeds are average and mobile signal is excellent. Note the local area records relatively high crime levels and the immediate neighbourhood is described as 'hampered aspiration', which may affect tenant demand and long-term resale values.
Overall this is a small, practical property with low holding costs and good transport links. It suits investors after a lettable unit with parking and garage, or a buyer seeking an inexpensive, manageable home — but consider the lease length, local crime statistics and likely need for periodic updating when assessing long-term value.
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