Oldbury Road
Worcester
4
3
3
- Brilliant investment opportunity
- Annual income over £22000
- One 2-bedroom house
- Two 1-bedroom apartments
- Excellent Worcester City location
- Expansive driveway
- Private rear garden
Offers in excess of
1581 sq. ft.
Tenant Info01905 734 734
Please quote reference number JOB240175
A prime investment opportunity with exceptional income potential in Worcester.
- Brilliant investment opportunity
- Annual income over £22000
- One 2-bedroom house
- Two 1-bedroom apartments
- Excellent Worcester City location
- Expansive driveway
- Private rear garden
• This investment includes a spacious two-bedroom mid-terraced house alongside two self-contained one-bedroom apartments, all within a prime Worcester location.
• Situated in a peaceful yet accessible area near Worcester City centre, the property is ideal for attracting quality tenants. With an annual market rental income exceeding £22,000 when fully let, this is a high-yield opportunity for knowledgeable investors.
88 Oldbury Road is a mid-terraced house with high ceilings, traditional details and a modern kitchen breakfast room with dining area.
88A & 88B Oldbury Road are two one-bedroom apartments, each with its own private entrance. Both units offer bright living spaces, modern fitted kitchens and en-suite facilities, making them perfect for tenants seeking comfort and convenience.
Outside, residents can enjoy a communal rear garden with lawn, plus the convenience of ample off-street parking.This property provides an exceptional blend of income potential, tenant appeal and long-term investment security.
Thoughtfully designed for modern living, it features off-street parking, a communal rear garden and contemporary interiors that attract quality tenants. Positioned near Worcester City centre, it ensures high demand, reliable rental income and a strong foundation for future growth - making it an outstanding opportunity for knowledgeable investors.
88 Oldbury Road
• The spacious kitchen breakfast room is equipped with integrated appliances, ample cabinetry, and a dining area.
• A bright and generously sized reception room.
• The utility room includes space for extra appliances, a convenient WC, and a washbasin, enhancing the home’s functionality.
• A cellar and a built in cupboard provide excellent additional storage solutions.
• Two good sized bedrooms on the second floor of the property.
• An allocated parking space and use of a charming communal garden area.
This nicely presented house offers spacious bedrooms and living areas. On the ground floor, the property boasts a generously sized kitchen breakfast room with modern appliances and a dining area, leading to a tastefully decorated reception room. Additional features include a utility room with essential amenities and access to a substantial cellar, perfect for storage. The first-floor hosts two generously sized bedrooms and a well-appointed bathroom. Outside, the property benefits from a parking area at the front and a communal garden at the rear, creating a perfect setting for relaxation and enjoyment.
88a Oldbury Road
• A self contained bright and airy one bedroom apartment, located on the ground floor, perfect for young professionals.
• A compact but contemporary kitchen with integrated appliances including an oven, hob, extractor hood and washing machine.
• Generous double bedroom with shower cubicle and an adjoining en suite.
• An allocated parking space and use of a charming communal garden area.
88a Oldbury Road is a well-lit ground-floor one-bedroom apartment, accessed via a private entrance located at the side of the building. Ideal for young professionals, the property includes a modern kitchen equipped with built-in appliances. The spacious double bedroom features its own en suite bathroom with a walk-in shower. Additional highlights include a dedicated parking space and access to well maintained communal garden, perfect for relaxation and outdoor enjoyment.
88b Oldbury Road
•A bright and inviting self contained one bedroom apartment located on the first floor, also ideal for young professionals.
• Generous reception room over looking the rear garden and adjacent to the kitchen featuring an integrated oven, hob and extractor hood.
•Good sized bedroom overlooking the front of the property with an adjoining en suite shower room.
•An allocated parking space and use of a charming communal garden area.
88b Oldbury Road is a welcoming first-floor one-bedroom apartment, accessed via its own private entrance at the rear of the property. This charming apartment features a spacious reception room overlooking the rear garden, conveniently connected to the kitchen. The generously sized bedroom, located at the front of the property, includes an en suite bathroom with a walk-in shower. The apartment also benefits from a dedicated parking space and access to a green communal garden, offering a peaceful outdoor space.
The garden
The property benefits from a generously sized communal garden, offering a large, well-maintained lawn with plenty of room for outdoor activities. There is excellent potential for creating a charming outdoor dining area, with space for a patio perfect for al fresco meals or relaxing in the sun. The garden’s open layout provides a wonderful opportunity for landscaping or adding features such as a play area, vegetable garden, or flower beds. With its versatile space and tranquil atmosphere, this garden is ideal for families, offering a safe and enjoyable environment for children to play and for adults to unwind.
The driveway
At the front of the property, there is a spacious shared driveway, offering allocated off-road parking for residents. This convenient feature ensures easy access and ample space for vehicles, adding to the practicality of the property.
Disclaimer
Please note that the vendor of this property is a relative of an employee of Andrew Grant.
The property benefits from mains water, electricity, gas and drainage.
Council Tax Banding:
88 - Band C
88a- Band A
88b- Band A
Reservation Fee - refundable on exchange
A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.
The fee will be retained by Andrew Grant in the event that you the buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:
1. Any significant material issues highlighted in a survey that were not evident or drawn to the attention of you the buyer prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.
The reservation fee will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over. This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and completion of an assessment of the buyer’s financial status and ability to proceed.
Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and/or the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property.
Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.
Tenant information
Permitted payments (inc vat)
- Rent
- Holding deposit equivalent to one weeks rent
- Security deposit equivelent to 5 weeks rent (6 if annual rent is £50,000+)
- Utilities
Default charges
- Replacement keys and other security devices - charged at cost of replacement(s)
- Rent arrears - 3% above the Bank of England base rate
Other possible charges
- Novation of contract (where a tenancy is ended in place of another one following a change of tenant) - £50
- Variation of contract (for example, change of rent date) - £50
- Change of sharer - £50 per tenant
- Surrender of tenancy - tenant liable to pay the rent for the whole period (within reason) as well as landlord costs of re-letting the property as detailed on our landlord fee schedule
Company Lets (Non Housing Act Tenancies)
- £250 per application to include referencing and legal paperwork
- Security deposit equivalent to 6 weeks rent
- Default charges, pet charges and other possible charges as listed above may apply
Tenant protection
Andrew Grant is a member of ARLA and The Property Ombudsman's (TPO) redress scheme. You can learn more by contacting us directly or visiting:
Accreditation
We commonly receive referral fees from specialist service partners an outline of these can be found here: and are reviewed annually in line with our financial year to identify any changes in average fee received. Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes). Relevant fees must also be published on third party websites. For properties to rent in England and Wales, details of the agent's membership of any redress scheme and client money protection scheme must also be published with their fees. It is the agent's responsibility to ensure that all relevant information provided is up to date and accurate. If the relevant information does not appear here, the agent may have included it within the property description.