HMO Portfolio, Oldbury Road, Worcester
By Price Estate Agents
£ 1,900,000
Reviews
2 out of 5 stars
Price Estate Agents says ..
A prime investment opportunity is offered to acquire a private portfolio of eight individual student rental properties, strategically positioned to maximise rental income within the borough of Worcester.
Property Oracle says ..
This property is presented as an HMO portfolio located in St Clement, Worcester. The listing highlights the investment potential of eight individual student rental units. The property comprises 31 bedrooms and 15 bathrooms, suggesting a substantial size suitable for a large number of tenants. The provided photographs showcase the interior of several units, which appear to be recently refurbished and furnished to a reasonable standard, with modern kitchens and bathrooms. The location is relatively close to the University of Worcester, making it attractive to students. However, the lack of information on the specific rental income generated, operating expenses, and comparable sales data for similar HMO portfolios in the area prevents a full assessment of the investment’s viability and the justification of the asking price. The absence of any significant land associated with the property is a notable drawback. Overall, the property presents itself as a potentially lucrative investment opportunity for those interested in the student rental market in Worcester, but further due diligence is essential before committing to a purchase at the listed price.
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
- 6
- Condition
- 7
- Location
- 7
- Land
- 1
- Bedrooms
- 31
- Bathrooms
- 15
- Sqft (est)
- 1,153.89
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
- 403,000.00 £Increased by 26.22 %
- Est sale value
- 378,475.92 £Decreased by 0.61 %
- Average area rental value
- 1,667.00 £/moIncreased by 74.74 %
- Est letting value
- 1,153.89 £/mo
- Est rental Yield
- 4.96 %Increased by 38.16 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Price Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| University Of Worcester | Higher Education Institutions | 0.46 KM | |
| Oldbury Park Primary Rsa Academy | Academy Converter | 0.89 KM | |
| Dines Green Community Academy | Academy Sponsor Led | 1.24 KM | |
| Tudor Way Children'S Centre | Children's Centre | 1.33 KM | |
| St Clement'S Cofe Primary | Academy Converter | 1.48 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Forest Close | £ 0 | 0 | 0.00 KM |
| Oakley Close | £ 159,500 | 0 | 0.00 KM |
| Elgar Way | £ 0 | 0 | 0.00 KM |
| Gresham Road | £ 96,000 | 0 | 0.00 KM |
| Nimrod Drive | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Worcester Foregate Street | 4893 | WOF | 2.85 KM |
| Worcester Shrub Hill | 4891 | WOS | 4.19 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| HMO Portfolio, Oldbury Road, Worcester | £ 1,900,000 | BUY | 5 / 10 | 0.00 KM |
| HMO Portfolio, Oldbury Road, Worcester, Worcestershire, WR2 6AR | £ 1,900,000 | BUY | Unknown | 0.00 KM |
| Comer Gardens, WR2 | £ 375,000 | BUY | 7 / 10 | 0.10 KM |
| Lodge Close, Worcester, Worcestershire | £ 280,000 | BUY | 5 / 10 | 0.11 KM |
| Oldbury Road, Worcester | £ 300,000 | BUY | Unknown | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 The Mead | £ 265,000 | 0.09 KM |
| 187 Oldbury Road | £ 149,000 | 0.09 KM |
| 189 Oldbury Road | £ 196,500 | 0.09 KM |
| 86 Oldbury Road | £ 149,500 | 0.09 KM |
| 2 Lodge Close | £ 244,000 | 0.09 KM |