• Buy-to-let property investment +
• Two bedroom apartment +
• Net yield: 5.8% +
• Rental income: £7,500 per annum +
• Currently self managed by the landlord +
• Tenure: Leasehold 999 years (share of the freehold) +

The Barbourne, 15b New Bank Street, Barbourne, Worcester WR3 8AN
Asking Price: £120,000

Investment Overview
A well-presented two double bedroom first floor apartment forming part of the attractive conversion of the former Barbourne public house in the sought-after Barbourne area of Worcester (WR3).

The property is offered with:
Share of the Freehold
999-year lease (from 2015)
Zero ground rent
Low annual service charge - £567.80
Gas central heating & double glazing
Currently achieving £625 PCM (£7,500 per annum), with strong evidence from comparable two-bedroom properties locally suggesting a potential rental uplift to £775-£800 PCM.

Investment Performance
Current Income Position
Annual Rent: £7,500
Gross Yield: 6.25%
Projected Income Position (Market Rent £775-£800 PCM)
Rent PCM
Annual Income
Gross Yield: £775pcm - 7.75%
£800pcm - 8.00%
This represents a potential uplift of £1,800-£2,100 per annum in rental income.

Why This is a Strong Investment
Immediate income with clear rental growth potential
Gross yield up to 8%
Leveraged returns exceeding 15% ROI at market rent
Share of freehold security
999-year lease (mortgage-friendly)
Zero ground rent
Low annual service charge
High-demand Barbourne location within walking distance to the city centre
Proven two-bedroom rental market
Summary
A compelling opportunity to acquire a low-maintenance, income-generating asset with significant upside potential in one of Worcester's most consistently performing rental areas.

LET PURE INVESTOR TAKE THE STRAIN AWAY ...
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Fully managed lettings and property management service
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