Terraced house for sale in Lansdowne Road, Worcester WR1

This spacious four-bedroom terraced home, spread across three storeys, offers an exceptional HMO investment opportunity, perfect for enhancement and generating a high rental yield.

Description

• As a prime HMO investment, this property has the potential to generate a lucrative rental income of £1,950 per month when fully tenanted.

• Four spacious bedrooms and generously sized communal living areas arranged over three floors.

• A private enclosed rear garden with a patio provides an attractive outdoor space.

• Located in Worcester City Centre, this property is close to shops, restaurants and excellent transport links.

The kitchen
The galley-style kitchen is functional and bright, with a window above the sink that brings in natural light. It offers ample storage with a range of wall and base units, as well as plenty of countertop space for meal preparation.

The kitchen is equipped with an electric hob and extractor fan, along with plumbing for a washing machine. While it’s fully functional and ready for immediate use, there’s ample opportunity for modernisation to suit your personal tastes and needs. The kitchen also offers convenient access to the rear bathroom and guest cloakroom.

The living room
The living room is a welcoming space, neutrally decorated and ready for your personal touch. It features a gas fireplace with a classic brick surround, while a rear window allows natural light to brighten the room. Accessible from the hallway and flowing directly into the kitchen, the living room serves as a practical and central hub for daily living.

Bedroom one
Located on the ground floor, the first bedroom is a versatile single room with built-in wardrobes and a front-facing window that bathes the space in natural light. It could easily be reconfigured as a study or a cosy snug.

The bathroom & guest cloakroom
Located at the rear of the property, the bathroom includes a bath with an overhead shower, a WC, a washbasin and a heated towel rail. An obscure glazed window allows natural light while ensuring privacy. Adjacent to the bathroom is a separate guest cloakroom, enhancing the home’s functionality, with an external door offering direct access to the garden.

Bedroom two
On the first floor, the second bedroom is a spacious double room with high ceilings that enhance its airy feel. It features a window overlooking the rear garden and offers ample space for freestanding furniture.

Bedroom three
Also on the first floor, the third bedroom is a generously sized double room with the added benefit of a walk-in wardrobe for ample storage. A large window floods the room with natural light, enhancing its bright and welcoming atmosphere.

Bedroom four
The loft conversion on the second floor provides the largest of the four bedrooms. This spacious room is brightened by a Velux windows and offers ample space for freestanding furniture. Its versatile layout makes it ideal as a master bedroom, guest room, or even a home office.

The garden
The private rear garden is fully enclosed and features a raised gravel bed along with a combination of gravel and patio areas. This low-maintenance space is perfect for relaxation or outdoor dining. Although it lacks a lawn, the garden’s design offers ample potential for further landscaping.

Location

Nestled in the heart of Worcester City Centre, this home offers exceptional convenience and vibrant urban living.

Just moments from the bustling streets, residents can easily access an array of amenities, including trendy cafes, boutique shops and lively cultural attractions.

The nearby Foregate Street railway station ensures seamless connectivity to surrounding areas, making commuting effortless for both professionals and explorers.

Whether you’re enjoying a leisurely stroll along the scenic riverside or delving into the city’s rich history, this prime location provides the perfect blend of comfort and convenience for any lifestyle.

Services

The property benefits from mains gas, electricity, water & drainage.

Fees

Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.

The fee will be retained by Andrew Grant in the event that you the buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:

1. Any significant material issues highlighted in a survey that were not evident or drawn to the attention of you the buyer prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.

The reservation fee, equivalent to 0.5% of the accepted offer unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and a positive completion of an assessment of the buyer’s financial status and ability to proceed.

Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property.

Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.