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Worcester, Worcestershire

West Midlands

£475,000

Listed on 06/07/2026

Property details

Bedrooms
N/A
Type
Terraced

Description

This remarkable five-storey Grade II listed Georgian property presents a unique opportunity for a discerning buyer looking to invest in a substantial renovation project. With a generous Gross Internal Floor Area of approximately 6,666 square feet, this historical building is currently configured as offices but comes with approved planning permission to convert it back into an exquisite private residence. The architectural elegance and period features such as original stone flooring, impressive mahogany staircase, and traditional sash windows are just waiting to be restored to their former glory. Situated in the heart of Worcester's Cathedral Quarter, you will not only enjoy stunning views of the Cathedral but also the vibrant cultural offerings and charming surroundings of this historic location. Outside, the walled courtyard offers a tranquil garden space and an included parking space adds convenience to this investment opportunity.

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Investment analysis

(WR1 area)
Area Average
£277/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (WR1)

Area prices are falling by -11.2% over the last 12 months
3 year growth: -1.0%
5 year growth: +5.5%
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

Worcester, Worcestershire
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

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