Farrier Street, Worcester... 48 bed detached house for sale

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Farrier Street, Worcester... 48 bed detached house for sale

Farrier Street, Worcester, Worcestershire, WR1 3BH
£3,200,000

Price History

Initial price £3,500,000
13/03/25 £3,200,000
Price Change -8.57%

Description

This impressive 48-bedroom house on Farrier Street in Worcester offers an exceptional investment opportunity, particularly for those looking to invest in the lucrative student accommodation market. With its student let (HMO) status, the property presents a fantastic chance for investors to generate a steady rental income. The house boasts a range of outstanding features, including modern en-suite bedrooms, a spacious living room, and a well-appointed kitchen. Its proximity to the University of Worcester City Campus, just a four-minute walk away, makes it an attractive proposition for students. The property is currently fully let for the 2024-2025 academic year, generating a gross rent of £40,000 per flat, and the advertised rent for the 2025-2026 academic year is £42,000 per flat, making it a potentially substantial return on investment. With its unique combination of location, amenities, and rental income potential, this property is a rare opportunity that should not be overlooked.