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3 bed property, in 53 Vicarage Road West, £179,500
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3 bed detached house

53 Vicarage Road West, Dudley, West Midlands DY1 4NP
Auction Planning
£179,500

Our Summary

  • Auction: 25
  • Investment and Development Opportunity
  • Previous planning permission to build 3 dwellings
  • Potential to extend for additional flats or house (STPP)
  • Occupies an extremely generous double plot with potential
  • For sale by Auction on 25 June 2026
  • A superb investment and development opportunity rarely available
  • This detached property occupies a double plot, has 3 fully let one bedroom flats generating a healthy yearly income of £19,454 and offers huge development potential (STPP) to build additional units or house
  • Having previously had planning to build three dwellings which has now lapsed highlights the huge opportunity which is available
  • Tenure: Freehold EPC Rating: C C C Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type
  • All sales are subject to our Common Auction Conditions and Bidder Terms
  • Auction Deposit and Fees The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 4

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Description

A detached property occupies a double plot and offers a rare investment and development opportunity. The property is currently let as three fully let one-bedroom flats, generating a yearly income of £19,454. The flats have the following rents: Flat 1 - £528.00 pcm, Flat 2 - £571.73 pcm, and Flat 3 - £521.13 pcm.

The property has a freehold tenure, an EPC rating of C (C, C), and fantastic location with excellent transport links and access to local amenities. Due to lapsed planning permission, the property presents huge development potential with the possibility to build additional units or a house (subject to planning).