Wolverhampton Street, Dudley, West... Mixed use for sale

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Wolverhampton Street, Dudley, West... Mixed use for sale

Wolverhampton Street, Dudley, West Midlands
£295,000

Our Summary

  • There is a potential for development of the cellars to increase the number of units within the property (STPFully let, producing £36,360 pa, with scope to increase and with a local agent management agreement in place
  • Its central location provides easy access to Birmingham, Wolverhampton, and the wider West Midlands via road and public transportHere's what to do nextVisit - Under the hammer and view the auction terms
  • Register - Get registered prior to the auction opening date
  • Prior Auction Offer - Want it now
  • Submit a prior auction offer through our website
  • If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
  • Development potential (One to two bed conversion of Flats 3 & 4) Subject to permissions

Description

This freehold mixed-use investment property in Dudley is generating a total income of £36,360 per annum from its two 2-bedroom flats, two 1-bedroom flats, and two commercial units on the ground floor. The property has three floors, extensive cellars, and a small gated yard, offering potential for development to increase the number of units. The flats are all fully let, with a local agent management agreement in place, and the commercial units are also occupied. The property is located in the heart of Dudley, a vibrant town with a rich history, excellent transport links, and a strong sense of community. With its central location, the property is ideal for families and professionals alike, offering easy access to Birmingham, Wolverhampton, and the wider West Midlands.
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