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SOLD STC

Pierpoint Street, Worcester, WR1 1TA

PROPERTY TYPE

Semi-Detached

BEDROOMS

17

BATHROOMS

17

SIZE

3,670 sq ft

341 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1
1

Key features

  • Worcester City Centre
  • High Yielding Investment Property
  • Current Annual Income £139,200
  • Prime City Location
  • 15 Studio Apartments and 2 One Bedroom Apartments
  • Is Fully Let
  • Ideal for Students and Professionals Tenants

Description

Worcester City Centre provides an excellent range of shopping, schooling and leisure facilities. Worcester has two main line Railway Stations, offering access to all major towns and cities. The M5 motorway is accessible at Junction 7 south Worcester allowing commuting to Birmingham and the West Midlands linking to the M42 for NEC and Birmingham International Airport or Bristol and the South West.

Directions: Proceed north along Foregate Street take the first right hand turning into Pierpont Street, the property can be found on the right hand side.

14 Pierpoint Street was converted in early 2016 into fifteen studio apartments and two one bedroom apartments. Nestled in the heart of Worcester City Centre this building presents a fine investment, boasting an annual return of £139,200.00 and offers flexibility over a choice of tenant.

The current annual rental income is £130,176.00 and is inclusive of utilities, with the property currently being rented to a mixture of student and professionals. Each apartment is rented fully furnished and comprises a fitted kitchen with built in fridge, electric hob, built in storage units with roll top work surfaces, a living space, bedroom area and en-suite shower room.

VESTIBULE 6' 10'' x 4' 9''

ENTRANCE HALL 6' 10' x 9' 2''

HALL 53' 5' x 7' 8''

UTILTY ROOM 8' 3'' x 7' 7''

BIN & BIKE STORE 15' 8'' x 7' 9''

LAUNDRY ROOM 1 3' 9'' x 7' 0''

REAR ACCESS LOBBY

BASEMENT LEVEL WITH ACCESS TO 5 CELLARS

STUDIO 1 11' 0'' x 14' 0'
EN-SUITE 5' 9'' x 5' 8''

STUDIO 2 14' 5'' x 15' 1''
EN-SUITE 5' 5'' x 5' 8''

STUDIO 3 15' 8'' x 14' 1''
EN-SUITE 4' 5'' x 6' 1''

STUDIO 4 14' 11'' x 14' 2''
EN-SUITE 3' 11'' x 7' 3''

STUDIO 5 14' 2'' x 15' 2''
EN-SUITE 3' 11'' x 7' 3''

LANDING 1 24' 10'' x 11' 10''

BOILER ROOM 1 3' 9'' x 7' 5''

LAUNDRY ROOM 2 4' 0'' x 6' 6''

STUDIO 6 11' 11'' x 14' 1''
EN-SUITE 5' 4'' x 5' 5''

STUDIO 7 14' 5'' x 15' 0''
EN-SUITE 5' 6'' x 5' 6''

STUDIO 8 16' 1'' x 14' 1''
EN-SUITE 3' 10' x 7' 7''

APARTMENT 9
LOUNGE 8' 4'' x 11' 3''
KITCHEN 7' 6'' x 7' 2''
BEDROOM 6' 1'' x 11' 5''
SHOWER ROOM 7' 6'' X 3' 11''

STUIDO 10 15' 4'' x 14' 1''
EN-SUITE 9' 3'' x 5' 6''

STUDIO 11 11' 9' x 13' 4''
EN-SUITE 5' 3'' x 5' 3''

LANDING 2 24' 11'' x 11' 10''

STUDIO 12 11' 0'' x 15' 2''
EN-SUITE 5' 3'' x 5' 5''

STUDIO 13 13' 7'' x 15' 0''
EN-SUITE 5' 3'' x 5' 3''

STUDIO 14 16' 2'' x 10' 2''
EN-SUITE 3' 10 x 7' 2''

APARTMENT 15
LOUNGE 7' 7'' x 10' 7''
KITCHEN 7' 6'' x 7' 2''
BEDROOM 7' 1'' x 10' 8''
SHOWER ROOM 7' 2'' X 3' 11''

STUDIO 16 15' 4'' x 14' 1''
EN-SUITE 9' 3'' x 5' 6''

STUDIO 17 11' 9'' x 13' 2''
EN-SUITE 5' 0'' x 5' 3''

RENTS
S1 - £675
S2 - £675
S3 - £600
S4 - £675
S5 - £675
S6 - £675
S7 - £675
S8 - £675
A9 - £750
S10 - £675
S11 - £675
S12 - £650
S13 - £650
S14 - £725
A15 - £750
S16 - £725
S17 - £675

Total PCM - £11,600.00
Total PA - £139,200.00

Brochures

Brochure 1Brochure 2
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Pierpoint Street, Worcester, WR1 1TA

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About Platinum Property Agents, Worcestershire

15-17 St. Johns, St. Johns, Worcester, WR2 5AE

Platinum Property Agents has offices in St Johns, to the West of Worcester, and Malvern Link working together as one in providing unrivalled coverage for selling town and country property, and letting both residential & student accommodation.

The company was founded in 2008 based on blending the best of the traditional estate agency with the best modern practices and technology available. Our vision is to offer the best service standards possible using our expertise and professionalism to advise you on the promotion, negotiation and transfer or management of your property.

We believe that the best results come from having a real understanding of what you really are trying to achieve. Blending our expertise with transparency creates real results in an ever changing market.

Your mortgage

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Years
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Monthly repayments
£5,886
We think you can borrow up to
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Disclaimer - Property reference PLT_WRC_LFSYCL_320_798166782. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Platinum Property Agents, Worcestershire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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