Virginia House, The Butts | Property for sale | Savills
15,332 to 15,332 sq ft(1,424.39 to 1,424.39 sq m)
Guide price £2,750,000(฿120,524,927)

Virginia HouseThe Butts

  • Sole agency
  • Freehold
Investment
15,332 sq ft (1,424.39 sq m)
Yield 495%Yield

Key features

  • 18 Studio Rooms, 12 Studio Delux Rooms & 12 Double Rooms
  • Ground floor cinema room, gym, dining and recreational areas
  • The property is situated in Worcester city centre, adjacent to The Hive Library
  • Only 450 m from The University of Worcester City Campus
  • The property has been converted & refurbished to a high specification
  • Let in its entirety to Virginia House Ltd for a term of 125 years from March 20
  • Provides long term income security with minimal asset management input
  • Freehold

A rare opportunity to acquire a 123 year student residential investment in one of the UK’s most desirable and affluent cities.

About this property

  • The property is situated in Worcester city centre, adjacent to The Hive Library and only 450 m from The University of Worcester City Campus. Virginia House comprises: 18 Studio Rooms, 12 Studio Delux Rooms & 12 Double Rooms with ground floor cinema room, gym, dining and recreational areas.

Local information

  • Worcester is a Cathedral City located in the West Midlands and is the commercial & administrative hub for Worcestershire. The city has a population of 100,300 (2020) and is located approximately 135 miles north west of London, 32 miles south west of Birmingham and 25 miles north of Cheltenham.
  • Worcester city centre is situated approximately 3 miles to the west of the M5 Motorway (Junctions 6 & 7). The M5 Motorway connects with the M42 Motorway approximately 16 miles north of the property and to the M50 Motorway approximately 12 miles to the south.

Additional information

  • The property has been converted and refurbished to a high specification in the last three years.