Pierpoint Street, Worcester, WR1 1TA
PL

Pierpoint Street, Worcester, WR1 1TA

By Platinum Property Support Ltd

£ 1,235,000

Reviews

2 out of 5 stars

Platinum Property Support Ltd says ..

A fine opportunity to purchase a rare freehold, high yielding investment property consisting of 15 studio apartment and 2 one bedroom apartments nestled in the heart Worcester City Centre and is fully let with an annual income £139,200.00

Property Oracle says ..

This property in Worcester city center is a substantial multi-unit investment opportunity comprising 15 studio apartments and two one-bedroom apartments. The location is a key strength, with close proximity to Worcester Foregate Street train station offering convenient access to major cities. The nearby presence of several well-regarded schools adds to the property’s potential appeal to renters. The interior images reveal newly renovated or refurbished apartments, although minor cosmetic issues are present in a few of the pictures. The property’s lack of external space and the absence of total square footage data makes a definitive price-per-square-foot analysis impossible. While the stated rental income is high, suggesting good value, the substantial list price requires careful assessment by potential investors. Additional information, such as the lease terms, management details, and detailed condition reports, would improve the overall investment analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
1
Bedrooms
17
Bathrooms
17

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
241,538.00 £
Increased by 19.85 %
from 201,530.00 £
Average area rental value
906.00 £/mo
Increased by 1.12 %
from 896.00 £/mo
Est rental Yield
4.50 %
Decreased by 15.73 %
from 5.34 %
Crime Rate
34.00 %
Unchanged by 0.00 %
from 34.00 %

Agent Activity

  • Platinum Property Support Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Royal Grammar School WorcesterOther Independent School0.70 KM
The King'S SchoolOther Independent School0.89 KM
St George'S Catholic Primary SchoolVoluntary Aided SchoolGood1.06 KM
St George'S Cofe Primary SchoolVoluntary Aided SchoolRequires improvement1.11 KM
Bishop Perowne Cofe CollegeAcademy ConverterGood1.13 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hop Market £ 000.00 KM
Harrington Road £ 216,00000.00 KM
St Swithin's Street £ 000.00 KM
Mc Naught Place £ 000.00 KM
Crowngate Chapel Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Worcester Foregate Street4893WOF0.06 KM
Worcester Shrub Hill4891WOS1.31 KM
Worcestershire Parkway6580WOP8.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Pierpoint Street, Worcester, WR1 1TA £ 1,235,000BUY5 / 100.00 KM
Foregate Street, Worcester, WR1 £ 110,000BUY6 / 100.05 KM
Foregate Street, Worcester, WR1 £ 110,000BUY6 / 100.05 KM
Flat 15, 18 Foregate Street, Worcester. WR1 1DN £ 90,000BUY5 / 100.07 KM
Taylors Court, Taylors Lane £ 125,000BUYUnknown0.09 KM

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AddressPriceDistance
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12 Sansome Walk £ 81,0000.18 KM
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24 Arboretum Road £ 197,0000.21 KM
2 Arboretum Road £ 245,0000.21 KM