Threadneedle House, Alcester Street, Redditch, Worcestershire
Size
34,995
Tenure
Freehold
EPC
Ask agent
Parking
20
- Primary use
- Other
- Other use(s)
- Residential development
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Parking
Key features
- 48 one, two, and three-bedroom apartments
- GIA 3251 sqm/34,995 sq ft
- Site Area: 0.618 acres Approx
- Transport Links: 0.2 miles to Redditch Train Station & Bus Station
- Local Amenities: Town centre location, adjacent to Kingfisher Shopping Centre
- ERV: £504,000pa
- 20 Parking Spaces
Description
Threadneedle House is a substantial freehold residential investment, prominently located in the heart of Redditch town centre. The property comprises 48 modern apartments arranged on four floors (ground to third), including:
7 × one-bedroom
40 × two-bedroom
1 × three-bedroom
Apartments are finished with fully fitted kitchens and bathrooms, double glazing, and neutral internal finishes. Selected upper-floor units feature private terraces, and all floors are accessible via a passenger lift and secure communal entrances with intercom access.
Externally, the scheme provides 20 parking spaces. The apartments generate a combined annual income of £480,000. The property offers a Gross Internal Area of approximately 3,251 sqm (34,995 sq ft) and occupies a site area of 2,502 sqm (0.62 acres). The average apartment size is approximately 51.5 sqm, providing a balanced mix of efficient layouts and marketable accommodation.
Please note that the Post Office unit at ground level has been sold on a 999-year lease at a peppercorn rent.
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- C2
- Listed building
- No
- Floors in building
- 3
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Threadneedle House, Alcester Street, Redditch, Worcestershire
About JEM PROPERTY, Covering Nationwide
Through our expertise and strategic insight in asset management, JEM Property aligns client ambitions with community values throughout the United Kingdom with a specific interest in healthcare.
Leveraging our specialised insight, we identify and offer solutions to acquire and dispose of assets aligning with our client's aspirations, driving growth, reducing risk, and improving asset value.
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Disclaimer - Property reference Threadneedle. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by JEM PROPERTY, Covering Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.