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1 bedroom terraced house for sale
St. Johns, Worcester WR2
£150,000
St. Johns, Worcester WR2
£150,000
Our Summary
- This mixed-use freehold property presents a rare investment opportunity in the heart of St
- The ground floor commercial unit is currently vacant and provides excellent potential for a wide range of occupiers
- Johns a highly desirable investment opportunity
- For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property
Description
This rare freehold property in central Worcester offers a unique investment opportunity, combining a self-contained flat and a vacant commercial unit with strong rental prospects. The ground floor commercial unit is currently vacant and has the potential to attract local businesses, with an expected rental income of £500 per calendar month. The self-contained flat above has been producing £625 per calendar month and will soon become vacant, allowing flexibility for new tenants or owner occupation. With projected yields of 5-6% for the flat and 6-7% for the commercial unit, this property presents a highly appealing investment for those seeking secure returns and long-term growth. The property is located in the heart of St. Johns, Worcester, with easy access to amenities, schools, and transport, and is well-connected to the M5 motorway and local bus routes.