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The Butts
Worcester WR1 3PA
Virginia House · Build-to-Rent Property For Sale
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42 Units
Investment Highlights
- 18 Studio Rooms, 12 Studio Delux Rooms & 12 Double Rooms.
- The property is situated in Worcester city centre, adjacent to The Hive Library.
- The property has been converted & refurbished to a high specification.
- Provides long term income security with minimal asset management input.
- Ground floor cinema room, gym, dining and recreational areas.
- Only 450 m from The University of Worcester City Campus.
- Let in its entirety to Virginia House Ltd for a term of 125 years from March 20.
- Freehold.
Property Facts
| Price | £2,750,000 | Costar Property Class | B |
| Yield | 4.95% | Total Plot Size | 0.23 ac |
| No. Units | 42 | Property Size | 15,332 sq ft |
| Property Type | Build-to-Rent | No. Floors | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1979/2020 |
| Apartment Style | Mid-Rise |
| Price | £2,750,000 |
| Yield | 4.95% |
| No. Units | 42 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.23 ac |
| Property Size | 15,332 sq ft |
| No. Floors | 4 |
| Year Built/Renovated | 1979/2020 |
Amenities
Unit Amenities
- Microwave
- Kitchen
- Oven
- Wi-Fi
Site Amenities
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent pcm | sq ft |
|---|---|---|---|
| Studios | 30 | - | - |
| 2+2 | 12 | - | - |
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