Sansome Hall, 1 Sansome Walk, Worcester, Worcestershire, WR1 1LH
Freehold City Centre Student Investment Opportunity
Features
- Worcester is an affluent Cathedral City and is the administrative hub for Worcestershire County.
- The property is prominently located in the town centre on Sansome Walk at its junction with Sansome Place in the town centre’s core retail pitch.
- The property comprises 83 spacious en-suite bed spaces, a 1-bedroom ex warden flat and shared open plan kitchen and dining areas in a single building across five floors.
- The property as of September 2025 is 59% occupied with a total contracted gross rent of £26,530 per calendar month (£318,360 per annum)
- Based on September’s secured figures the sale represents a gross yield of 10.53% assuming purchaser’s costs of 6.13%
- Rental ERV of £510,300 per annum with a reversionary yield of 16.87% assuming purchaser’s costs of 6.15%
- Freehold city centre student investment opportunity.
- Offers in excess of £2,850,000 are sought for the freehold interest, subject to contract and exclusive of VAT. A purchase at this level represents a low capital value of £34,337 per bed space.
Description
Sansome Hall was built in 2008 and comprises 83 en-suite bed spaces and a 1 bedroom flat arranged in a single building over five floors. The property has lift access to all floors. The Vendor has recently spent approximately £75,000 on improvements and maintenance across the building over the past 6 months. All rooms are en-suite and each cluster flat contains between six and ten bedrooms with an open plan communal kitchen and dining area. Internally, the property provides fully equipped spacious shared kitchens, bedrooms including en-suite shower rooms, a single bed, desk and wardrobe. The property also benefits from an on-site laundry room, secure bicycle storage area, Wi-Fi internet connection and intercom entry system.
Location
Worcester is an affluent commercial and retail centre in Worcestershire in the south west of England. It is approximately 125 miles to the north west of London, 17 miles to the south west of Birmingham and 28 miles to the north of Cheltenham. Worcester benefits from excellent road communications providing direct access to the M5 motorway via Junctions 6 and 7 which links to the M4 and M6 and the wider motorway network. Worcester Foregate Street and Worcester Shrub Hill are located in close proximity to the subject property providing regular mainline services to Bristol, Birmingham, and London. Quickest journey times is approximately 40 minutes to Birmingham and 2 hours to London. Birmingham International Airport is located approximately 35 miles to the north east of the property providing flights to many European and global destinations.Tenure
The property is held freehold.Title number: WR66263
Tenancy
The property is fully managed. The ensuite bedrooms are directly let on Assured Shorthold Tenancies and each cluster flat benefits from an HMO License. The property is currently 89% occupied with a total contracted gross rent of £37,600 per calendar month (£451,200 per annum). The Management Agreement, Tenancy Schedule and HMO Licenses are available uponrequest.
Price
Offers based on £2,850,000Proposal
Offers based on £2,850,000 are sought for the freehold interest, subject to contract and exclusive of VAT.A purchase at this level represents a low capital value of £34,337 per bed space.
Planning
Sansome Hall received planning permission on 15 March 2007 for the following:C1 consent ‘Demolition of existing building to allow for erection of a block of 89no student bedsits with communal kitchen and dining areas (Class C1). (Ref: P06D0750).’
The property is not listed and is not located in a Conservation Area.
Additional Information
SITUATION -Sansome Hall occupies a town centre location and prominent position on the A38 Sansome Walk. The property is situated on the north eastern corner of the city centre’s retail core which is adjacent to Foregate Street Station. The pedestrianised High Street is just a 5 minute walk away where national retailers such as Marks & Spencer, Boots, TK Maxx, River Island, Tesco Express, WHSmith, JD Sports, Costa Coffee, Barclays, Lloyds and Primark are represented.
The Crown Gate Shopping Centre and Cathedral Square are both located a 4 minute walk away from Sansome Hall which hosts national retail and leisure operators.
Sansome Hall is centrally located for the student population in Worcester. The University of Worcester’s City Campus is located just 0.25 miles to the west of the property. Sansome Hall is also located just 1.4 miles from the St John’s Campus.
