Bewdley Road, Kidderminster Dy11 6rl

£330,000

Guide price

  • Bedrooms: 16
FOR SALE BY MODERN METHOD OF AUCTION. STARTING BID PRICE £330,000 PLUS RESERVATION FEE.

A unique opportunity to purchase what was formerly three Victorian terraced family homes, now adjoined and comprising of 16 units. Communal areas. Communal Parking which offers 17 parking spaces to the rear of the premises. Communal Gardens.

THIS PROPERTY IS FOR SALE BY WEST MIDLANDS PROPERTY AUCTION POWERED BY IAM-SOLD LTD

Number 56 Bewdley Road

Six Units - one en-suite. Five units with shared communal bathroom facilities.

Number 57 Bewdley Road

Five units - two en-suite. Three self contained as their bathroom facilities are located on the level below.

Within Number 57 there is an additional communal shower & toilet facilities which are currently not in use.

Within unit 57 there is potential to utilise the additional communal bathroom facilities and subject to planning have an additional one bedroom bungalow to the rear, within the HMO occupancy.

Number 58 Bewdley Road

Five units. One unit currently used as storage. Four units broken down - two with en-suite and two with communal shared bathroom facilities.

To the rear of number 58 is a one bedroom bungalow with its own bathroom facility.

Running Costs of the HMO liabilities consist of Water charges - £150.00 per month

Communal electricity -Communal electricity is negligible due to 4kw of solar panels offsetting the cost.

Insurance - £100.00 per month

Cleaning Fees - the current vendor pays £44.00 per month

Television Licence - £145.00 per annum for the whole building

This going concern does offer an enormous amount of scope and versatility with the potential to improve the monthly income.

Equally, the dwelling could be put back to three Victorian terraced homes.

The current vendors have had the premises re-wired and there are CCTV cameras throughout the property, smoke alarms and fully up to speed with fire regulations.

We have not gained access to all units, so currently listed below are the typical sizes for each unit -

Number 56 Bewdley Road - Second Floor

14' 0'' x 13' 0'' (4.26m x 3.96m)

Double glazed window. Ceiling light. All have kitchen area with work tops and base cupboards, sink and space for cooker & fridge.

Number 56 Bewdley Road - Top floor unit

14' 1'' x 12' 3'' (4.28m x 3.74m)

Dormer double glazed window with reduced head height.

Number 57 Bewdley Road - Ground floor unit

15' 0'' x 10' 4'' (4.58m x 3.16m)

Double glazed window. Ceiling light point. Kitchen area with working surfaces, base cupboards and sink, space for cooker and fridge.

Carpark

Located to the rear of the properties can be access off Cobden Street.

Marketed by Arrange viewing 01562 227036

Phipps and Pritchard - Kidderminster

31 Worcester Street, Kidderminster, Worcestshire

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