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1 bedroom semi-detached house

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Front Elevation
Flat B Kitchen
Flat B Studio
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Semi-detached house
1 bedroom
0 bathroom

Property features

  • Freehold Investment Opportunity
  • Four Self-Contained Flats, 1x Studio, 2x 1 Bedroom & 1x 2 Bedroom
  • Recently Refurbished
  • Potential Combined Yield Circa 8.5-9%

Property description

A rare opportunity to acquire a freehold investment of four self-contained flats, generating a combined yield of circa 7.5 - 8%, having undergone recent refurbishment, situated in Greenlands, Redditch.  

The property is a traditional 1930s semi-detached house which has been extended and converted to comprise of four self-contained dwellings, each having undergone recent refurbishment with new kitchens, bathrooms and heating systems, further benefitting from brand new double glazing and having access to communal driveway and large rear garden.

The accommodation comprises:-
 

FLAT A: Situated on the first floor, accessed via communal door with secure intercom entry. Currently vacant with an approximate rental of £600-650pcm. EPC Rating - D (registered in 2021) 

Lounge: 14' 11" x 9' 8" (4.57m x 2.96m) max  

Kitchen: 6' 5" x 10' 0" (1.96m x 3.07m) max  

Master Bedroom: 8' 9" x 9' 11" (2.68m x 3.04m)  

Bedroom Two: 6' 3" x 8' 2" (1.93m x 2.49m)  

Shower Room: 5' 11" x 4' 11" (1.81m x 1.52m)  

FLAT B: Situated on the ground floor, occupying a front position with private front door entry. Currently vacant with an approximate rental of £500 - £550pcm. EPC Rating - D (registered in 2021) 

Kitchen: 5' 1" x 6' 3" (1.55m x 1.91m)  

SITTING ROOM/ BEDROOM: 14' 6" x 10' 4" (4.43m x 3.16m) max  

Shower Room: 5' 7" x 5' 0" (1.71m x 1.53m)  

FLAT C: Situated on the ground floor, accessed via communal door with secure intercom entry. Currently vacant with an approximate rental of £500-550pcm. EPC Rating - C (registered in 2021) 

Lounge: 9' 9" x 11' 10" (2.99m x 3.63m)  

Kitchen: 8' 9" x 5' 10" (2.67m x 1.80m)  

Bedroom: 6' 7" x 9' 11" (2.03m x 3.03m) max  

Shower Room: 5' 1" x 5' 2" (1.55m x 1.58m)  

FLAT D: Situated on the ground floor to the rear of the property with private front door entry and benefitting from a brand new flat roof. Currently occupied achieving a rental of £400pcm. EPC Rating - E (registered in 2020) 

Lounge: 9' 10" x 7' 4" (3m x 2.24m)  

Bedroom: 9' 11" x 6' 6" (3.02m x 1.98m)  

Kitchen: 10' 6" x 5' 2" (3.2m x 1.57m)  

Property information from this agent

  • Brochure PDF
    1. Arden

      Arden Estates - Redditch

      373 Evesham Road Redditch, Worcestershire B97 5JA

      Arden Estates was formed in 2010, with the aim of setting new standards in all areas of the way an Estate Agent operates. We are proud to be leading the way in each town in which we operate. We believe that by focusing on what our customers actually want, and what is right for them, we can build a loyal and committed relationship. By investing and embracing all that has changed in our world in recent times, we never stop trying and testing new marketing methods. Our in-house marketing team are constantly researching new methods and ways to further promote your property in this technically driven new age. Even if there is the possibility to increase our service level by 1%, then we will incorporate it, as customer satisfaction is crucial to our success. You see it’s all about adding value. These days, people seem to reduce the price of a house like it isn’t real money, however, we believe that the extra services and the multimedia advertising we buy for our clients is the reason why we achieve such a high percentage of our clients’ asking prices. It's also about you, your property and your future. We won't just advertise your property on the internet and wait for the phone to ring, we provide a comprehensive service with an experienced team of friendly people working for you constantly and proactively to achieve your goal. You want your property to stand out from the crowd to give people a reason to view it.

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