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Ground Floor Shop + 2 Flats Above - Lowesmoor Road, Worcester, WR1

£285,000
Added on 23/11/2020
The Online Property Agency, Birmingham
BEDROOMS
x2
BATHROOMS
x2

Key features

  • Ground Floor Shop
  • Ready Made Investment Opportunity
  • Total Rental Income £20,400 p.a.
  • Rental Yield 7.2%
  • The Shop Is Currently Let On A 10 Year Lease from March 2019
  • Flats Include A Kitchen With A Dining Room
  • Flats Include 1x Bathroom Each
  • Central Heating
  • Smart Meter In The Shop
  • Rental Income For Flat A And Flat B £13,200 p.a.

Property description

Tenure: Freehold

Ref: 18549693

The OPA are pleased to present this investment opportunity generating £20,400 p.a. The property consists of a retail unit to the ground floor and two flats above.

The Ground Floor Shop runs on a smart meter.

The 2 Flats above the shop include 1x large bedrooms, 1x bathroom, kitchen + dining room, living room and central heating.

No Parking

Location

The property is located in the centre of Worcester, with great transport links.

Tenure

Freehold property is currently let on a 10 Years lease starting from March 2019.

Ground Floor Shop Rental Income - £600 pcm / £7200 p.a.

Flat A Rental Income - £550 pcm / £6600 p.a.

Flat B Rental Income - £550 pcm / £6600 p.a.

Buyers Fee

Buyer's Reservation Fee of 2% of The Purchase Price.

Minimum Fee £1800. T&Cs apply.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;

6: No persons in the employment of The OPA has any authority to make or give any representation or warranty whatever in relation to this property. No services, fixtures, fittings or appliances, including central heating, have been tested by the Agent at the time of printing. All references to parts of the fabric, material, decoration, external or internal features or grounds of the property are made without any warranty as to their conditions or effectiveness. Where definite checks have been made, such results will be made clear at the appropriate place in the particulars of sale. Every effort has been made by the Agents to obtain accurate information from the correct sources. However, intending purchasers and other readers are asked to make their own arrangements regarding verification of any statements expressed in these particulars of sale

Misrepresentation Act 1967: TheOnlinePropertyAuction for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy



Energy Performance Certificates

EPC 1EPC 2

Ground Floor Shop + 2 Flats Above - Lowesmoor Road, Worcester, WR1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worcester Foregate Street Station0.2 miles
  • Worcester Shrub Hill Station0.3 miles
  • Worcestershire Parkway Station3.6 miles
Mortgages
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About the agent

The Online Property Agency, Birmingham

Sovereign Court Graham Street, Birmingham, B1 3JR

The Online Property Agency, Birmingham

Are you fed-up with traditional property agent attitude and fees?We’re with you all the way.

That’s why The Online Property Agency (The OPA) has been built by property experts, from the ground up, with you in mind.

The OPA offers a unique property auction platform that benefits both sellers and buyers by applying some very simple principles:

• Understand the needs of both the buyer and the seller.

• Create a process that suits everyone.

• Do everything online so

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Industry affiliations

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Disclaimer - Property reference 18549693. 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 The Online Property Agency, Birmingham. 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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