6 bedroom block of apartments for sale

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6 bedroom block of apartments for sale

The Cross, Worcester, WR1
£525,000

Price History

Initial price £550,000
28/12/24 £545,000
03/01/25 £540,000
11/01/25 £535,000
17/01/25 £530,000
01/02/25 £525,000
Price Change -4.55%

Description

This multi-unit property in Worcester consists of a commercial unit and two one-bedroom flats, offering a fantastic opportunity for investors. The takeaway downstairs generates a annual income of £30,000, while the upstairs space has planning permission for a HMO or studio flats, offering potential for additional rental income. The property is located in a desirable area with various amenities within walking distance, making it an attractive investment opportunity. With an annual gross income of £30,000, this property has the potential to be a worthwhile addition to an investor's portfolio, offering a strong return on investment.