Two self-contained units with garden close to town and transport links.
- Two self-contained flats offered as one lot with separate titles
- Freehold included (to be confirmed by solicitors)
- Potential gross yield circa 10%+ (seller claim)
- Large rear garden and patio, useful for tenants
- Dated kitchens/bathrooms — refurbishment required
- Sold by Modern Method of Auction; reservation fee applies
- High local crime and very deprived area — lettings risk
- Small overall internal size (approx 682 sq ft total)
This end-of-terrace property on Lodge Road is offered as two self-contained flats sold together, presenting a clear opportunity for buyers seeking rental income or multi-occupancy use. Both flats have separate titles and the sale includes the freehold (to be confirmed by solicitors). The site includes a large rear garden and compact ground-floor and upper living spaces across roughly 682 sq ft in total.
Positioned for investors, the seller suggests a potential yield of 10%+. The layout already supports two tenancies: a two-level flat with lounge, bedroom and bathroom plus kitchen/diner; and a second flat arranged over three floors including a loft bedroom. The property will be sold by the Modern Method of Auction — please note this requires a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) and completion within the auction timescale.
Practical considerations are significant: the house shows dated fittings and will need maintenance and likely refurbishment to bring kitchens, bathrooms and general services up to modern standards. The area has high crime levels and is in a very deprived ward, which can affect tenant demand and lettings risk. Buyers must carry out full due diligence, verify the freehold/title details, and allow for auction-related fees and identification checks.
For a buyer prepared to invest in repairs and active management, the property offers flexibility and an immediate multi-let layout. Its proximity to Redditch town centre, public transport and local amenities supports lettings, but realistic budgeting for refurbishment, voids and management is essential before bidding.
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