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Alcester Street, Church Green East, Redditch, B98 8BP

5x New Flats and Retail Shop

£450,000

5 Bedrooms 5 Bathrooms

Highlights

  • 1x Shop, 1x Studio Flat and 4x One Bedroom Flats
  • Apartments just converted.Brand New
  • No Chain
  • Business Opportunity
  • Potential Rental Income of £4,000 pcm
  • Possibility of 11% Yield

Details

Summary: A unique business opportunity to purchase and let out 4x one bedroom flats, 1x studio and small shop within Redditch town centre, offering an income of around £4,000 pcm with an 11% yield.

Description: This unique business opportunity comprises:- Small Shop to Front Ground Floor, 1x Studio Flat, 1x Ground Floor One Bedroom Flat, 2x First Floor One Bedroom Flats and 1x Second Floor One Bedroom Flat.

Outside: Outside, to the rear, there is off road parking.

Location: The town of Redditch offers easy access to motorway links (M42, Jct 2&3) and there are good rail and bus links. There are also excellent leisure facilities along with cultural attractions, and the Kingfisher Shopping Centre.

Local Amenities

Airports

  • Birmingham Airport (13.4 miles)

Local Attractions

  • Abbey Stadium (0.9 miles)
  • Arrow Valley Country Park (1.5 miles)
  • Forge Hill Needle Museum (0.7 miles)
  • Kingfisher Shopping Centre (0.1 miles)

Schools & Colleges

  • The Vaynor First School (1.3 miles)
  • Trinity High School (0.3 miles)
  • Walkwood Middle School (1.4 miles)

Train Stations

  • Redditch Train Station (0.2 miles)

Important Remarks

Please note that all the above information has been provided by the vendor in good faith, but will need verification by the purchaser's solicitor. Any areas, measurements or distances referred to are given as a guide only and are not precise. Floor plans are not drawn to scale and are provided as an indicative guide to help illustrate the general layout of the property only. The mention of any appliances and/or services in this description does not imply that they are in full and efficient working order and prospective purchasers should make their own investigations before finalising any agreement to purchase. It should not be assumed that any contents, furnishings or other items shown in photographs (which may have been taken with a wide angle lens) are included in the sale. Any reference to alterations to, or use of, any part of the property is not a statement that the necessary planning, building regulations, listed buildings or other consents have been obtained. We endeavour to make our details accurate and reliable, but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. The seller does not give any warranty in relation to the property and we have no authority to do so on their behalf.