Property description

Bridgewater House, Worcester, Conceived by the developer Seven Capital, 'Bridgewater House' is a meticulous modernisation of 75 apartments occupying a prime site in Worcester. With charming and elegant apartment design, 'Bridgewater House' building will serve the local residential demand and provide owners with a guaranteed rental yield of 7% for 1 year.

Location

Located 1 mile from Worcester City Centre, Bridgewater House is conveniently located within easy reach of the Railway Station with a direct line to London and also the M5 Motorway to Birmingham International Airport within 38 minutes. Rental demand in the area is high and sustainable, supported by these 3 key places:

• 1.7miles from St John's Campus University of Worcester 13,000 students

• 1.6miles from West Mercia Police Headquarters with 2,400 employees

• 2.9miles from Worcester Royal Hospital with 2,000 employees

The Apartments

Each apartment has been crafted in both layout and specifications. The emphasis is on the luxury design and the clean contemporary lines without compromising attention to detail. \"Bridgewater House\" comprises 75 luxury apartments, some with floor to ceiling glass, balconies and Malvern Hill views.

Studio Apartment:

Innovative in both layout and design; the studios apartments at 'Bridgewater House' offer affordable modern day living.

One-Bedroom Apartments:

The one-bedroom apartments at 'Bridgewater House' each have a reception room and a bedroom and are charmingly furnished with the same exacting specification offered by affordable luxury.

Two-Bedroom Apartments:

Our 2 bedrooms are well equipped with quality specifications, providing a comforting living ambience among the distinctive design.

Penthouse Apartments:

The penthouses in this development boast impeccable design on the spacious and extensive living area. Maximising light, the reception and the kitchen spaces are stylishly functional.

The Building: 7 levels of beautifully apportioned apartments.

The Properties: 1 x Studio, 55 x One bedroom apartments, 19 x Two bedroom apartments

Est. Completion: December 2015

Local Authority: Worcester City Council

Tenure:  New 125 year lease

Building Warranty: 10-year Fully CML (Council of Mortgage Lenders)Compliant

Service Charge: £2.33/sqft

Ground Rent: £250 p.a fixed for 10 yrs

Terms of Payment:

£2,500 payable upon reservation

30% exchange deposit, less reservation fee, payable via solicitors within 28

days of reservation for exchange of contracts

The balance of 70% is payable upon completion estimated December 2015

44 car parking spaces available at £5000.00 per space.

Property Features :

• Selection of Generously Proportioned Luxury Open Plan Apartments
• 7% Rental Yield Guaranteed for 1 Year
• 1 Mile from City Centre
• 24 Hour Management & Security