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COMMERCIAL

Bagley Street, Stourbridge

£279,950
Abode, Staffordshire & Derbyshire
PROPERTY TYPE

Commercial Property

BEDROOMS

4

BATHROOMS

4

SIZE

Ask agent

Key features

  • FREEHOLD BUILDING
  • FOUR SELF CONTAINED 1 BEDROOM APARTMENTS
  • DOUBLE GLAZED AND GAS CENTRAL HEATED
  • CAR PARKING
  • FULLY TENANTED (TWO CURRENTLY VACANT FOR EASE OF VIEWING)
  • SEPARATE METERING PER UNIT
  • QUIET RESIDENTIAL SETTING WITH STRONG LOCAL RENTAL DEMAND

Description

Superb Investment – 4 Self-Contained Apartments in Traditional Extended Building
An outstanding opportunity to acquire a block of four self-contained apartments, situated within a characterful extended traditional building, ideally suited to investors seeking a high-yield, low-maintenance asset.
Each apartment is well-appointed and benefits from a private living room with kitchen area, double bedroom, and modern bathroom or shower room. The properties are gas centrally heated, double glazed, and individually metered, ensuring ease of management and utility separation.
To the rear of the property is off-street car parking, a rare and valuable feature enhancing tenant appeal and long-term rental stability.

Further Information - Investment Details
•Annual rental income at full occupancy: £26,500
•Current asking price: £279,950
•Gross rental yield: approx. 9.5%
•All properties EPC Rated C
•Further rental growth potential
Key Features
•Freehold building
•Four self-contained 1-bedroom apartments
•Double glazed & gas centrally heated
•Rear car parking
•Fully tenanted (two currently vacant for ease of viewing)
•Separate metering per unit
•Quiet residential setting with strong local rental demand
Viewing Information
Two of the apartments have been kept vacant to facilitate viewings, with the remaining two tenanted by reliable, long-term occupants. Additional internal inspections can be arranged once solicitors are instructed to minimise disruption and maintain tenant privacy.
This is a hassle-free, ready-to-go investment offering strong returns from day one, with excellent tenant retention and scope for future rental uplift.

Brochures

Bagley Street, StourbridgeBrochure

Bagley Street, Stourbridge

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stourbridge Town Station0.6 miles
  • Lye Station0.6 miles
  • Stourbridge Junction Station0.8 miles
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About Abode, Staffordshire & Derbyshire

Regents House, 34b High Street, Tutbury Burton on Trent Staffordshire DE13 9LS
Industry affiliations:
Abode Sales & Lettings

Abode are experienced and established Independent Estate Agents. Offering sales services throughout Burton-on-Trent, Uttoxeter, Ashbourne and Cheadle.

Abode began as family ran business (Anderson-Dixon) in 2003. Established by brother and sister partnership Nathan and Sonia Anderson-Dixon

The business has gone from strength to strength by following its simple ethos of always putting the needs of customers first and delivering a personal, professional service.

Above and Beyond

Our experienced sales team are here to guide you throughout the process. Whether it's negotiating the best price or progressing the sale through to completion we are here to help.

We are renowned for our can do attitude, hard work and cutting edge marketing. Our aim is to sell or rent your property to achieve the best possible price to a qualified, willing and able buyer or tenant.

We are governed by a code of conduct under The Property Ombudsman Scheme and always endeavour to provide the best possible service and outcome for our clients.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 33880650. 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 Abode, Staffordshire & Derbyshire. 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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