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:
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Share of the Freehold
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999-year lease (from 2015)
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Zero ground rent
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Low annual service charge – £567.80
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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)
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Rent PCM
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Annual Income
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Gross Yield
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£775
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£9,300
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7.75%
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£800
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£9,600
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8.00%
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This represents a potential uplift of £1,800-£2,100 per annum in rental income.
Leveraged Buy-to-Let Scenario
(25% Deposit, 5% Interest-Only Mortgage)
Purchase Price: £120,000
Deposit (25%): £30,000
Mortgage (75%): £90,000
Interest Rate: 5%
Annual Fixed Costs
Total Annual Costs: £5,067.80
Returns Comparison
At Current Rent (£625 PCM)
At £775 PCM
At £800 PCM
Why This is a Strong Investment
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Immediate income with clear rental growth potential
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Gross yield up to 8%
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Leveraged returns exceeding 15% ROI at market rent
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Share of freehold security
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999-year lease (mortgage-friendly)
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Zero ground rent
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Low annual service charge
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High-demand Barbourne location within walking distance to the city centre
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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 …
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.
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Fully managed lettings and property management service
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Comprehensive coverage throughout England and Wales
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One team, one fee across your full portfolio
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Rental income protection available
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Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team on Tel: 0161 337 3890.
