Main image of  Flat for sale, Lower Mill Street, Kidderminster, Worcestershire, DY11
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£2,575,000 Offers over

Flat for sale,
Lower Mill Street, Kidderminster, Worcestershire, DY11

Tony Thornton Branch Manager
Tony Thornton
Associate Director
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Features and Description

  • 23 apartments
  • High standard finishing
  • Generously sized reception rooms
  • Modern bathrooms
  • High-yielding investment
  • Monthly income £15,000+
  • Good condition throughout
  • Immediate returns
  • Future growth potential

This listing presents an exceptional opportunity to acquire a unique development property currently for sale. The property is a highly profitable FREEHOLD block of 23 apartments.The apartments are all in good condition and have been completed to a high standard, providing a comfortable and contemporary living environment.

In addition to the individual facilities, each apartment offers a generously open plan living room providing ample space for entertaining or relaxing and accompanied by modern bathrooms.

This development property is a high-yielding investment, generating a total monthly income exceeding £15,000, testament to its desirability and the quality of accommodation on offer. Each apartment is a self-contained unit, offering a high degree of autonomy and privacy for tenants.

This property is more than just a building; it is a well-established business with a solid income stream. The apartments are in good condition, minimising the need for any immediate additional investment.

Lower Mill Street, Kidderminster, Worcestershire, DY11

Additional Information

  • Property ref
    DUD240943
  • Tenure
    Freehold
  • Local authority
    Wyre Forest District Council
Tony Thornton Branch Manager
Tony Thornton
Associate Director

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Your Move Estate Agents Dudley

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Your Move Dudley
215 High Street, Dudley, DY1 1PB
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Borrowing £2,317,500 and repaying over 25 years with a 2.5% interest rate.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A