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Mealcheapen Street, Worcester 24 bed flat for sale
Mealcheapen Street, Worcester
£1,350,000
Mealcheapen Street, Worcester
£1,350,000
Our Summary
- Exceptional Investment Opportunity in the Heart of Worcester
- With its prime location, student-focused design, generous rental income, and remarkable energy efficiency, this property is a first-rate investment opportunity
- Investment Opportunity
Description
This exceptional investment opportunity is a fully tenanted, income-generating property in the heart of Worcester, comprising 24 modern, self-contained studio flats. The property is located just minutes from the city's main bus and train stations, making it ideal for young professionals and students. Each studio flat is thoughtfully designed with private kitchenettes and modern en-suite shower rooms, and the property is licensed as a House of Multiple Occupancy (HMO) to ensure safety and regulatory compliance. The property generates a strong gross annual income of circa £180,000 and has consistently high occupancy rates, making it a dependable investment. With its energy-efficient design, impressive EPC rating of B, and prime location, this property offers a valuable asset for individuals seeking long-term financial gains.