House For Sale £1,400,000
Pierpoint Street, Worcester, WR1 1TA

Worcester City Centre provides an excellent range of shopping, schooling and leisure facilities. Worcester has two main line Railway Stations, offering access to all major towns and cities. The M5 motorway is accessible at Junction 7 south Worcester allowing commuting to Birmingham and the West Midlands linking to the M42 for NEC and Birmingham International Airport or Bristol and the South West.

Directions: Proceed north along Foregate Street take the first right hand turning into Pierpont Street, the property can be found on the right hand side.

14 Pierpoint Street was converted in early 2016 into fifteen studio apartments and two one bedroom apartments. Nestled in the heart of Worcester City Centre this building presents a fine investment, boasting an annual return of £130,176 and offers flexibility over a choice of tenant.

The current annual rental income is £130,176.00 and is inclusive of utilities, with the property currently being rented to a mixture of student and professionals. Each apartment is rented fully furnished and comprises a fitted kitchen with built in fridge, electric hob, built in storage units with roll top work surfaces, a living space, bedroom area and en-suite shower room.

VESTIBULE 6' 10'' x 4' 9''

ENTRANCE HALL 6' 10' x 9' 2''

HALL 53' 5' x 7' 8''

UTILTY ROOM 8' 3'' x 7' 7''

BIN & BIKE STORE 15' 8'' x 7' 9''

LAUNDRY ROOM 1 3' 9'' x 7' 0''

REAR ACCESS LOBBY

BASEMENT LEVEL WITH ACCESS TO 5 CELLARS

STUDIO 1 11' 0'' x 14' 0'

EN-SUITE 5' 9'' x 5' 8''

STUDIO 2 14' 5'' x 15' 1''

EN-SUITE 5' 5'' x 5' 8''

STUDIO 3 15' 8'' x 14' 1''

EN-SUITE 4' 5'' x 6' 1''

STUDIO 4 14' 11'' x 14' 2''

EN-SUITE 3' 11'' x 7' 3''

STUDIO 5 14' 2'' x 15' 2''

EN-SUITE 3' 11'' x 7' 3''

LANDING 1 24' 10'' x 11' 10''

BOILER ROOM 1 3' 9'' x 7' 5''

LAUNDRY ROOM 2 4' 0'' x 6' 6''

STUDIO 6 11' 11'' x 14' 1''

EN-SUITE 5' 4'' x 5' 5''

STUDIO 7 14' 5'' x 15' 0''

EN-SUITE 5' 6'' x 5' 6''

STUDIO 8 16' 1'' x 14' 1''

EN-SUITE 3' 10' x 7' 7''

APARTMENT 9

LOUNGE 8' 4'' x 11' 3''

KITCHEN 7' 6'' x 7' 2''

BEDROOM 6' 1'' x 11' 5''

SHOWER ROOM 7' 6'' X 3' 11''

STUIDO 10 15' 4'' x 14' 1''

EN-SUITE 9' 3'' x 5' 6''

STUDIO 11 11' 9' x 13' 4''

EN-SUITE 5' 3'' x 5' 3''

LANDING 2 24' 11'' x 11' 10''

STUDIO 12 11' 0'' x 15' 2''

EN-SUITE 5' 3'' x 5' 5''

STUDIO 13 13' 7'' x 15' 0''

EN-SUITE 5' 3'' x 5' 3''

STUDIO 14 16' 2'' x 10' 2''

EN-SUITE 3' 10 x 7' 2''

APARTMENT 15

LOUNGE 7' 7'' x 10' 7''

KITCHEN 7' 6'' x 7' 2''

BEDROOM 7' 1'' x 10' 8''

SHOWER ROOM 7' 2'' X 3' 11''

STUDIO 16 15' 4'' x 14' 1''

EN-SUITE 9' 3'' x 5' 6''

STUDIO 17 11' 9'' x 13' 2''

EN-SUITE 5' 0'' x 5' 3''

RENTS

S1 - £575.00

S2 - £625.00

S3 - £600.00

S4 - £625.00

S5 - £550.00

S6 - £700.00

S7 - £625.00

S8 - £625.00

A9 - £700.00

S10 - £700.00

S11 - £623.00

S12 - £625.00

S13 - £625.00

S14 - £700.00

A15 - £625.00

S16 - £700.00

S17 - £625.00

Total PCM - £10,848.00

Total PA - £130,176.00