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Coventry Street, Kidderminster, DY10
For Sale by under the hammer online auction. 19th - 21st December 2023. Guide Price £99,000. A freehold fully occupied investment property currently achieving £18,600 Per Annum.
Generating £18,600 Per Annum with scope to increase.
The property comprises of a three storey terraced building of brick construction surmounted by a pitched roof. Benefiting from 3 individual units consisting of a commercial unit, two bedroom duplex apartment and a studio unit to the rear.
Ground Floor (Vape Shop) – Retail premises with storage space, kitchen, and W/C - £4500PA
First Floor (2 Bedroom Duplex Flat) – Self-contained first/second floor flat, two double bedrooms, living area open plan kitchen and bathroom - £7800PA (6 month AST)
Ground Floor (Studio Unit) – open plan kitchen/living/bedroom with bathroom- £6300PA
Total: £18,600PA
BIDDING
For bidding please visit: underthehammer. com
*START PRICES & RESERVE PRICE
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
EPC
EPCs can be viewed in full on our website underthehammer. com on the sales details page or in the legal pack.
UNCONDITIONAL AUCTION DETAILS
Contracts are exchanged immediate at the end of the auction and a 10% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.
Completion will be 8 weeks. (56 days)
Every buyer must first create an account at underthehammer. com Remote bidding facilities are also available, contact the auction office for further details.
FULL TERMS & LEGAL DOCUMENTATION
Available at underthehammer. com
EPC
Map
Street View
Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
Coventry Street, Kidderminster, DY10
For Sale by under the hammer online auction. 19th - 21st December 2023. Guide Price £99,000. A freehold fully occupied investment property currently achieving £18,600 Per Annum.
Generating £18,600 Per Annum with scope to increase.
The property comprises of a three storey terraced building of brick construction surmounted by a pitched roof. Benefiting from 3 individual units consisting of a commercial unit, two bedroom duplex apartment and a studio unit to the rear.
Ground Floor (Vape Shop) – Retail premises with storage space, kitchen, and W/C - £4500PA
First Floor (2 Bedroom Duplex Flat) – Self-contained first/second floor flat, two double bedrooms, living area open plan kitchen and bathroom - £7800PA (6 month AST)
Ground Floor (Studio Unit) – open plan kitchen/living/bedroom with bathroom- £6300PA
Total: £18,600PA
BIDDING
For bidding please visit: underthehammer. com
*START PRICES & RESERVE PRICE
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
EPC
EPCs can be viewed in full on our website underthehammer. com on the sales details page or in the legal pack.
UNCONDITIONAL AUCTION DETAILS
Contracts are exchanged immediate at the end of the auction and a 10% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.
Completion will be 8 weeks. (56 days)
Every buyer must first create an account at underthehammer. com Remote bidding facilities are also available, contact the auction office for further details.
FULL TERMS & LEGAL DOCUMENTATION
Available at underthehammer. com