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NEW HOMECOMMERCIAL

Park Lane, Kidderminster

Offers in Region of
£1,400,000
Walton & Hipkiss, Stourbridge - Commercial
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Floor PlanFloor Plan
3

Key features

  • PRIME CENTRAL KIDDERMINSTER RESIDENTIAL INVESTMENT PORTFOLIO
  • SIX NEW BUILD RESIDENTIAL TOWNHOUSE PROPERTIES
  • CURRENT GROSS RENTAL INCOME OF APPROXIMTELY £87,000 PER ANNUM
  • 3 X 3 BEDROOM / 3 X 2 BEDROOM NEW BUILD HOMES
  • CLOSE TO KIDDERMINSTER TOWN/STATION & AMENITIES
  • ATTRACTIVE GROSS YIELD PROFILE / SCOPE FOR FUTURE RENTAL GROWTH
  • STRONG CAPITAL VALUES / PROVEN RENTAL INCOME PRODUCING
  • A - RATED ENERGY PERFORMANCE / SOLAR PANEL INSTALLATION
  • BALANCE OF A 10 YEAR NEW BUILD WARANTY
  • SUITABLE FOR PRIVATE/PROPERTY INVESTORS & PROFESSIONAL LANDLORDS

Description

Walton & Hipkiss Commercial off For Sale this outstanding opportunity to acquire a substantial residential investment portfolio comprising six modern new-build townhouses, situated within a popular and established residential location in Kidderminster.

The portfolio consists of three two-bedroom townhouses and three three-bedroom townhouses, all finished to a high specification and designed to meet the demands of the modern rental market. The properties benefit from off-road parking, solar panels, A-Rated Energy Performance Certificates and the balance of a 10-year new build warranty, offering investors low maintenance liabilities and strong long-term investment fundamentals.

Currently producing a combined rental income of approximately £87,000 per annum, the portfolio provides an immediate and proven income stream whilst presenting future opportunities for rental growth within a strong local lettings market.

Located close to Kidderminster town & train station. The portfolio benefits from excellent access to local amenities, schools, transport links and employment centres, all of which continue to support strong tenant demand and sustained occupancy levels.

This is a rare opportunity to acquire a fully established residential investment portfolio in a single transaction, avoiding the time, cost and uncertainty associated with assembling a portfolio property by property. The combination of strong rental performance, high-quality modern accommodation, energy-efficient construction and attractive tenant appeal makes this an exceptionally compelling investment proposition.

Viewings are strictly by appointment

Full Description -

Brochures

Park Lane, Kidderminster

Energy Performance Certificates

EE Rating

Park Lane, Kidderminster

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kidderminster Station0.6 miles
  • Blakedown Station3.5 miles
  • Hartlebury Station3.8 miles

About Walton & Hipkiss, Stourbridge - Commercial

Hagley Road, Stourbridge, DY8 1QH
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2Industry affiliation logo 3

It is Walton and Hipkiss's philosophy to work closely with those who have commercial property issues, be they existing or potential new clients, we strive to successfully resolve their Commercial Property problems and issues.

Whether someone is seeking to reduce occupational costs or simply trying to find new office, Industrial, Development land or Retail space, Walton and Hipkiss have the experience, drive and attitude to make that experience as simple and as hassle free as possible.

Walton and Hipkiss are a well established firm of Property Surveyors based in Stourbridge, Hagley & Kidderminster in the West Midlands & Worcestershire and are now in our 92nd year.

Our offices based in Stourbridge and Hagley mean that you can easily reach us and us reach you. The extensive West Midlands motorway network, via the M42, M6, M40 and the M5 is close to hand with the M5 only 5 miles to the east. We can also be easily reached via the A449 Hagley Road from Birmingham, some 13 miles - we have meeting facilities and showrooms at each location. If you prefer the train there are stations in both Stourbridge and Hagley.

Our central location close to the heart of the Midlands makes us an ideal choice to handle your property requirements throughout the region.

The Walton and Hipkiss team are a multi-skilled multi-talented group and we are able to help with many aspects of the property arena.

We can handle all the complex specialist issues in relation to land and property development - both commercial and residential.

We have developed a reputation for successfully sales ands acquisitions we now offer these services across the spectrum of commercial property and development.

Contact

Alan Knight FRICS

Head of Commercial

T 01384 397 797

E ak@waltonandhipkiss.co.uk

W waltonandhipkiss.co.uk/commercial

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34972697. 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 Walton & Hipkiss, Stourbridge - Commercial. 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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