Mount Pleasant, Redditch 3 bed duplex for sale

>

Mount Pleasant, Redditch 3 bed duplex for sale

Mount Pleasant, Redditch B97
£200,000

Our Summary

  • A detached two storey brick construction property providing a mixed-use investment opportunity with long term tenants in situ
  • The current rents do have scope for increases
  • The commercial unit has potential for different uses subject to planning permission

Description

This property is a detached two-storey brick building that offers a unique mixed-use investment opportunity. The ground floor is currently occupied by a laundrette, which generates an annual rental income of £5,250, while the first and second floors are a self-contained three-bedroom duplex flat, let at £5,400 per annum. The property also features a rear enclosed garden and two car parking spaces, and is situated in a desirable residential area close to Redditch town centre and railway station. The current tenants have been in situ for some time, and there is scope to increase the rents. Additionally, the commercial unit has potential for alternative uses, subject to planning permission.