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10 Cornmarket, Worcester, WR1 2DR - Image 1
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10 Cornmarket, Worcester, WR1 2DR

West Midlands

£145,000
Listed on 02/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This end terrace Grade II listed building presents a compelling opportunity for investors and developers looking to capitalize on its mixed-use potential. With a current rental income of £14,700 per annum, the property includes a retail unit currently occupied by a mobile phone shop, along with ancillary spaces in the basement and rear, as well as office accommodation spread across the first and second floors. The flexible usage allowed under the new E class regulation opens up potential avenues for conversion into residential units, subject to planning approval. Positioned prominently on New Street in Worcester city centre, the property benefits from significant pedestrian traffic and proximity to major transport links, making it an excellent candidate for further enhancement or redevelopment.

Investment Analysis

(WR1 area)
Area Average
£260/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (WR1)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 10.2%
5 year growth: 24.1%
Investment Disclaimer: Analysis based on WR1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

10 Cornmarket, Worcester, WR1 2DR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£531
Based on a loan of £108,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE