18 Foregate Street, Worcester, Worcestershire, WR1 1DN

Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 1

Agent: Pattinson - East Midlands Auction Phone: 0191 490 6068

City Centre, 2 Bedroom, 1st Floor large modern Flat is being sold via an unconditional online auction. A well-presented and income-producing flat <br/>offered for sale by auction with corporate tenants in situ, making it an ideal opportunity for investors seeking an immediate rental return. Sold with a <br/>tenancy guaranteeing rent through to May 2027. <br/> <br/>The south-west facing apartment comprises a bright and spacious reception room with an open-plan fitted kitchen, well-proportioned bedrooms, and a modern bathroom. The principal bedroom benefits from a double aspect and Juliette balcony, while the high ceilings and tall double-glazed windows create a grand and spacious feel throughout. <br/> <br/>The flat is positioned on the first floor of the former 1958 Post Office building, where the impressive communal entrance hall and wide staircase continue to showcase the charm and character of its mid-century architecture. The property is currently occupied under a corporate tenancy agreement, providing an established rental income from completion. <br/> <br/>Conveniently located close to local amenities, transport links, and shopping facilities, the property is well positioned for continued tenant demand and long term capital growth potential. This is an excellent opportunity for buy-to-let investors, portfolio landlords, and <br/>cash buyers looking to acquire a ready-made investment with ongoing income. <br/> <br/>The property is currently occupied under arrangements connected with Ministry of Justice accommodation services and is sold subject to existing occupational arrangements. <br/> <br/>Internal access is unavailable and no viewings can be accommodated. The property will be sold as seen and prospective purchasers must rely on external inspection, the legal pack and their own enquiries. <br/><br/>Council Tax Band: B <br/>Tenure: Leasehold <br/>Length of Lease: 188 <br/>Annual Ground Rent Amount: £75.00 <br/>Annual Service Charge Amount: £1,700.00 <br/>