Description

KCR Real Estate is excited to present a remarkable investment opportunity in the heart of Worcester’s vibrant city centre. This expansive property seamlessly combines a thriving commercial unit with high-quality residential accommodations, creating a versatile asset for discerning investors seeking stability and growth. With a strategic location on Broad Street, this property benefits from high visibility and significant foot traffic, making it attractive not only to tenants but also to potential customers of the commercial space. The ground floor features a well-established commercial unit that is currently tenanted with a secure lease for the next 9 years, generating a reliable income of £1,400 per month. This dependable revenue stream provides a solid foundation for your investment strategy, making it an ideal choice for both seasoned investors and those entering the market.

Above the commercial unit, the property boasts a brand new 5-bedroom House in Multiple Occupation (HMO), accessible via a private entrance. This thoughtfully designed residence caters to modern living, with spacious double bedrooms that offer ample room for comfort and personalization. The two shared bathrooms are conveniently located, ensuring that all residents have easy access without compromising privacy. The heart of the HMO is its expansive kitchen/diner reception room, which serves as a vibrant communal space for residents to gather, socialize, and enjoy meals together. Fully equipped with top-of-the-line appliances, including two new cookers, a refrigerator, and a washing machine, this kitchen is designed not just for functionality but also to foster a sense of community among tenants. The well-planned layout and modern finishes of the HMO make it particularly appealing to students and young professionals seeking a comfortable and stylish living environment.

At the rear of the property, you’ll find two newly constructed ground floor flats that enhance the investment's potential even further. One flat is a beautifully designed two-bedroom unit featuring skylight windows that fill the space with natural light, creating an uplifting and inviting atmosphere. The other is a sleek one-bedroom flat, equally well-finished and ready for immediate occupancy. Both flats are ideal for attracting a diverse range of tenants, from young professionals to couples looking for convenient living spaces in a central location. With modern finishes and thoughtful layouts, these flats not only provide comfortable living but also add significant value to the overall property.

This investment property not only promises a robust rental income but also offers a diverse portfolio of commercial and residential options, catering to the ever-growing demand in Worcester’s rental market. Its prime location ensures unparalleled access to local amenities, transport links, and a thriving community, making it a highly sought-after choice for both residential and commercial tenants. The combination of a secure commercial lease and attractive residential accommodations positions this property as a standout opportunity.

Don’t miss out on this unique chance to secure a prime investment in Worcester. Contact KCR Real Estate today for more information or to arrange a viewing!