For Sale9 Bedroom Apartment in Church Street, Kidderminster, DY10£900,000

Church Street, Kidderminster, DY10

9 Bedroom Apartment for sale
£900,000
Property Type
Apartment
Bedrooms
× 9
Bathrooms
× 8
Receptions
× 8
Tenure
Freehold
Price
£900,000

Key Features

  • Grade II Listed Building: Enjoy the character and history of a protected property with modern comforts.
  • Refurbished to High Standards: Each flat features premium finishes, high ceilings, and large windows, creating bright and airy living spaces.
  • Communal Outdoor Space: Residents can relax in the shared courtyard and sitting area, perfect for socializing and outdoor enjoyment.
  • Strong Investment Potential: The total value of the individual flats is £1,117,500, but the entire block is available for £900,000, representing a substantial investment opportunity.
  • Assisted Living Interest: The current owner has received considerable interest from assisted living companies. Living Redefined has already made an offer of £5,800 per month for flats 1 8, with a 7.5%

Description

Exceptional Investment Opportunity - Block of 8 Converted and Refurbished Flats in Kidderminster. Presenting a unique opportunity to acquire a Grade II listed block of flats in the heart of Kidderminster. Located on the historic Church Street, this property comprises 8 beautifully refurbished flats: 7 one-bedroom flats and 1 two-bedroom flat. Each flat has been meticulously upgraded with high-end kitchens and bathrooms, offering contemporary living spaces while preserving the building's charming character. The apartments offer ample space having high ceiling and large windows which flood the properties with natural light. Residents would also benefit from communal grounds. The property is a great investment opportunity, and the current owner has already had considerable interest from assisted living companies and has received an offer of £5,800 per month for flats 1-8, with a 7.5% increase year on year. Kidderminster is a great location to invest- it is ideally located in Worcestershire, with excellent transport links to major cities like Birmingham and Worcester. Kidderminster train-station provides direct services to Birmingham, Worcester and London, making it attractive for Commuters. While the M5 and M42 motorways are also within easy reach. With a growing population and an influx of professionals and families, rental demand in Kidderminster is strong. The towns mix of affordable living and good amenities makes it appealing to renters. Individual Flat Costs - Flat 1- £125,000 - Flat 2 - £140,000 - Flat 3 - £160,000 - Flat 4 - £140,000 - Flat 5- £127,500 - Flat 6- £125,000 - Flat 7- £120,000 - Flat 8 (Two Bedroom)- £180,000

Church Street, Kidderminster, DY10 on Map