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£900,000

9 bed flat for sale

Church Street, Kidderminster DY10

  • Retirement

  • Freehold

    • 9 beds

    • 8 baths

    • 8 receptions

Key information

  • Tenure

    Freehold

  • Council tax band

    true

Connells - Kidderminster

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About this property

  • 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%

Summary
Exceptional Investment Opportunity - Block of 8 Converted and Refurbished Flats in Kidderminster.

Description
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

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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Connells - Kidderminster

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