Summary - Bagley Street, Stourbridge DY9 7AY
4 bed 4 bath Commercial Property
**Key Features:**
- Freehold building with four self-contained 1-bedroom apartments
- Gas central heating and double glazing throughout
- Off-street parking available
- Strong local rental demand; fully tenanted (two vacant for viewing ease)
- Separate utility metering for each unit
- Gross rental yield of approximately 9.5%
Discover this excellent investment opportunity located in a quiet residential area of DY9 7AY, featuring four self-contained 1-bedroom apartments within a traditional extended building. Each well-appointed unit offers a private living room, a cozy kitchen area, a double bedroom, and modern bathroom facilities, perfect for attracting reliable tenants. The property is fully equipped with gas central heating and double glazing, ensuring low maintenance and high tenant comfort.
The added benefit of off-street parking enhances appeal, particularly in a neighborhood with a strong rental demand, ensuring consistent occupancy rates and potential for rental growth. Currently, all properties are EPC rated C, and two apartments are available for viewing with reliable tenants in place in the others, showcasing the ease of management. Priced at £279,950, this investment provides a gross rental yield of around 9.5%, making it a compelling option for first-time investors or seasoned landlords looking to expand their portfolio. Don’t miss out on this hassle-free, ready-to-go investment opportunity in a prime location!
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