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11, Dixons Green Road, Dudley

£385,000

£225.15 per sq ft

Business rates & charges may apply

Hexagon Commercial Property, Stourbridge
SIZE AVAILABLE

1,710 sq ft

159 sq m

SECTOR

Land for sale

Key features

  • RARE FREEHOLD OPPORTUNITY
  • FURTHER DEVELOPMENT POTENTIAL
  • ERV - £23,280 PER ANNUM

Description

An excellent opportunity to acquire a residential investment comprising four self-contained 1-bedroom flats in a well-established area of Dudley. The property is currently part-let with 2 flats occupied, producing a passing rent of £13,440 per annum, with one vacant unit offering immediate letting potential. Once fully let, the asset is expected to generate £23,280 per annum, presenting an attractive income with scope for reversion. The property occupies a prominent position and benefits from off-road parking together with adjoining undeveloped land extending to approximately 0.09 acres. This additional land offers future development potential (subject to planning), making this a compelling opportunity for investors seeking both stable income and longer-term growth. The property has historically had planning permission for 2 buildings on the adjoining land at the rear for 6 apartments, which shows that such development has potential in the future.
Flat 11A (vacant) - 414 Sq Ft Flat 11B (vacant) - 414 Sq Ft Flat 11C (occupied) - 414 Sq Ft Flat 11D (occupied) - 468 Sq Ft Total - 1,710 Sq Ft
The property is situated on Dixon‘s Green Road in Dudley, within a well-established residential area benefiting from a range of local amenities. Nearby, there are convenience stores, schools, and everyday services, while Dudley town centre is within easy reach, offering a wider selection of retail, leisure, and dining facilities including the popular Merry Hill Shopping Centre. The location is well connected, with excellent transport links via the A4123 (Birmingham New Road), providing direct access to Birmingham city centre approximately 8 miles to the east. The area is also served by regular bus routes and nearby train stations including Dudley Port, offering connections across the West Midlands. This strong connectivity and established surroundings make the property an attractive proposition for tenants and investors alike.
Freehold
11A - Council Tax Band A 11B - Council Tax Band A 11C - Council Tax Band A 11D - Council Tax Band A
We are instructed to seek £385,000 for the freehold interest.

Brochures

11, Dixons Green Road, Dudley

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dudley Port Station1.7 miles
  • Tipton Station1.8 miles
  • Old Hill Station2.5 miles

About Hexagon Commercial Property, Stourbridge

5 Heath Lane Stourbridge DY8 1RF

Previously known and branded as Lex Allan Commercial, Hexagon are a Stourbridge based bespoke Commercial Property Solutions provider trading from the premises of Lex Allan (The Auction House).

Offering Commercial Property services in lettings, sales, acquisitions, management and more in the Stourbridge, Halesowen, Lye, Brierley Hill, Kingswinford, Netherton and surrounding areas.

Having built a strong reputation as Lex Allan Commercial we continue to offer a full range of agency and management services and are retained by both local and regional property investors and National operators.

Our exemplary breadth of Commercial Property experience in the Black Country and surrounding areas means Hexagon are well positioned to offer informed and incisive advice on all commercial property related matters. All of our staff members live within the area's which we cover therefore allowing them to provide informed advice and up to date information.

Notes

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Disclaimer - Property reference 56143. 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 Hexagon Commercial Property, Stourbridge. 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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