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Property for sale
Hewell Road, Redditch, B97
£310,000
Hewell Road, Redditch, B97
£310,000
Our Summary
- This property is for sale by Modern Method of Auction powered by IAMSOLD LTD - Starting Bid £310,000 + Reservation Fee
- CASH BUYERS ONLY - Investment Opportunity – Six Flats Across Three Terraced Houses
- The properties are currently 50% tenanted, offering an immediate rental income stream with potential for further income
- This property is for sale by the Modern Method of Auction
- Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both
- Strong Investment Potential with Ongoing Rental Income
- To be Sold by Modern Method of Auction
Description
This property is a unique investment opportunity, consisting of three terraced houses converted into six self-contained flats. Currently, 50% of the flats are tenanted, generating an immediate rental income stream. The properties are being sold to cash buyers only, and the starting bid is £310,000 plus a reservation fee. The conversions may not comply with current building regulations, so buyers are advised to conduct their own research and satisfy themselves as to the suitability and compliance of the properties before bidding. The property is being sold through the Modern Method of Auction, which requires buyers to share their information with the auctioneer, iamsold Limited.