5 Bed Semi-Detached House, Cash/Bridging Only, Worcester, WR2 6LD, £400,000

• Four interlinked residences sold as one +
• Three apartments with sitting tenants +
• Over £35000 rental income when tenanted +
• Communal parking for tenants' convenience +
• Shared gardens enhance property’s appeal +
• Prime location with excellent transport links +
• Easy access to Worcester and motorways +

Exciting investment opportunity: four apartments in the sought-after village of Hallow.

A rare investment opportunity, this property includes three well-maintained apartments and a semi-detached bungalow, all interlinked and offered as a complete package. Located in the desirable village of Hallow near Worcester, this multi-unit property is perfect for landlords seeking reliable rental income in a high-demand area, with three units currently tenanted. Its excellent proximity to Worcester City and the M5 motorway enhances its appeal to tenants, catering to a range of profiles from single professionals to couples and small families.

• Four interlinked residences, all sold as one, with three apartments available with sitting tenants for immediate income.

• Potential to generate circa £35,000 of rental income per annum when fully tenanted.

• Versatile unit mix catering to single professionals, couples and small families.

• Communal parking and gardens provide additional appeal and convenience.

• Prime location for commuting with easy access to Worcester City and the motorway network.

Apartment 1 – approx. 40 sq m
This front-facing ground floor apartment, accessed through a shared entrance hall, features a spacious bedroom/living room with a charming bay window, a separate kitchen and a shower room complete with a shower, WC, wash basin and a practical storage cupboard.

Apartment 2 – approx. 40 sq m
Located at the rear, this ground floor apartment offers a galley-style kitchen with a skylight, a step up into a spacious living area and a double bedroom equipped with two wardrobes. The shower room includes a WC, wash basin and convenient storage, making this unit ideal for comfortable modern living.

Apartment 3 – approx. 70 sq m
Occupying the entire first floor, this larger apartment boasts a dual-aspect living and dining room, a separate kitchen, a bedroom with an additional study or walk-in wardrobe and a spacious hall ideal for storage. With ample natural light and thoughtful layout, this apartment provides an attractive rental option for couples or professionals seeking extra space.

Apartment 4 – Bungalow, approx. 50 sq m
The semi-detached bungalow benefits from its own private entrance and offers a welcoming layout with a front-facing living room, a functional kitchen, two rear-facing bedrooms and a shower room with a curved shower cubicle, WC and wash basin. This self-contained unit is well-suited to families or tenants seeking single-level living.

Agent note
All four flats are presently occupied generating circa £35,000 of rental income annually. The property can be purchased with three sitting tenants offering a solid investment opportunity with an established rental income stream.

The property is situated within the curtilage of the Grade II Listed Hallow School.

Set in the village of Hallow, Main Road offers a desirable blend of rural charm and accessibility to Worcester’s vibrant city centre. Hallow is known for its close-knit community, picturesque surroundings and excellent local amenities, including pubs, schools and green spaces. The property’s location on Main Road offers quick access to Worcester’s extensive shopping, dining and entertainment options, as well as convenient commuting routes via the M5. This location is a preferred choice for tenants seeking a balance of peaceful village life and city convenience.

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

Council tax band
Apartment 1 – Council tax band A
Apartment 2 – Council tax band A
Apartment 3 – Council tax band A
Apartment 4 – Council tax band A

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 will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over. This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and 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/or 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.