Central compact studio ideal for investors seeking hands-on refurbishment returns.
- Town-centre studio above shops, highly walkable location
- Small open-plan living, kitchenette and shower room
- Requires cosmetic modernisation and some repairs
- Electric room heaters; no central heating system specified
- No private outdoor space or off-street parking
- Leasehold with c.118 years remaining; verify lease pack
- Sold at modern auction; undisclosed reserve and buyer fees
- Area has high crime statistics; factor into lettings and insurance
A compact first-floor studio in Kidderminster town centre, offered for sale by modern auction. The flat occupies upper floors above shops and provides a small open-plan living area, kitchenette and shower room — practical for buy-to-let or an entry-level city centre purchase. The accommodation is basic and will suit a buyer prepared to modernise to maximise rent or resale value.
Important sale terms affect purchase. The property is marketed through a modern auction with an undisclosed reserve, a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) and additional buyer fees; listing notes cash buyers only. Leasehold with c.118 years remaining and the seller reports no ground rent, but lease and additional costs should be verified by legal counsel before bidding.
Location is the strongest asset: immediate access to high-street amenities, public transport and town-centre footfall, supporting rental demand and convenience living. Drawbacks include the small internal footprint, no private outdoor space or parking, electric room heating and a basic internal finish that will require updating. Consider this if you need a central, low-cost entry into the Kidderminster market or a short-term refurbishment rental opportunity.
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