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48 bedroom detached house for sale
Farrier Street, Worcester, Worcestershire, WR1 3BH
£3,200,000
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 48-bedroom house on Farrier Street in Worcester offers an exceptional investment opportunity, particularly for those looking to invest in the student accommodation market. The property boasts a prime location just a four-minute walk from the University of Worcester City Campus, making it an attractive proposition for students seeking convenience and proximity to their studies. The house features 48 en-suite bedrooms, a modern living room, and a well-appointed kitchen, providing a comfortable and homely living experience for residents. With a student let (HMO) status, the property presents a fantastic chance for investors to capitalize on the lucrative student accommodation market. 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 an even more promising investment prospect. With its outstanding features, desirable location, and proven rental success, this property is sure to secure a bright future in the thriving student accommodation market.