St. Stephens House, Redditch, Worcestershire, B97

- PROPERTY TYPE
Block of Apartments
- SIZE
6,083 sq ft
565 sq m
Key features
- 45 newly converted modern apartments with freehold title and 7 car parking spaces
- 18 of the 45 apartments currently let with a potential rental income of £450,000 per annum across all 45 apartments
- Freehold title generates an income of £2,950 per annum
- Modern specifications with fully fitted bathrooms and kitchens (fitted appliances include modern cooker/hob, fridge freezer and washing machine)
- New Build Latent Defects Warranties provided by Ark Insurance Group
- Attractive town-centre commuter destination with excellent rail/road links to Birmingham city centre
Description
18 of the 45 apartments are currently let with a potential rental income of £450,000 per annum across all 45 apartments. Leasehold (250 years at peppercorn rents). Attractive town-centre location in the affluent town of Redditch, Worcestershire with excellent road and rail links to Birmingham city centre.
Apartments are finished to a good specification with modern fixtures and fittings, including quality floor coverings and contemporary kitchens and bathrooms, providing a perfect blend of luxury and practicality. Apartments are unfurnished but fitted with white goods including built in fridge/freezers, washing machines and ovens. Lighting is provided by stylish recessed LED spotlights and heating via energy efficient wall-mounted electric radiators.
Apartments to be sold via new 250-year leases.
Leases are subject to a Peppercorn Rent only.
Brochures
St Stephens House- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
St. Stephens House, Redditch, Worcestershire, B97
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Visit our security centre to find out moreDisclaimer - Property reference StStephensHouse. 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 FLETCHER BOND PROPERTY CONSULTING LIMITED, Manchester. 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.
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