Summary - 86, Lea Street DY10 1SN
3 bed 1 bath Terraced
Period property with tenant and refurbishment potential near central town amenities.
- Three bedrooms with two reception rooms and useful cellar storage
- Tenant in situ — available to investors only
- Sold via Modern Method of Auction; reservation fee applies (4.5% min £6,600)
- Large overall footprint (~1,364 sq ft) on a small plot
- Dated kitchen and bathroom; evidence of limited space and potential damp
- Solid brick walls with assumed no insulation; glazing pre-2002
- Mains gas boiler heating; council tax very cheap
- Area classed as deprived; crime level average — factor for rental demand
A three-bedroom Victorian mid-terrace in central Kidderminster offered to investors only with an existing tenant in situ. The house is substantial inside (approx. 1,364 sq ft) with two reception rooms, cellar storage and a low-maintenance rear garden — straightforward layout for rental or refurbishment. Constructed c.1900–1929, the property has characterful solid brick walls and retains period proportions, but it lacks wall insulation and has double glazing installed before 2002.
The kitchen and bathroom are dated and will need updating; the kitchen report notes limited space and potential damp in places. Heating is mains gas via a boiler and radiators. The property sits on a small plot in a mixed urban area with good local services, fast broadband and excellent mobile signal. Local schools are rated Good and there are nearby amenities including shops, cafes, pubs and regular bus links.
Important auction and sale details: the property is being sold by the Modern Method of Auction and will require payment of a non-refundable reservation fee (4.5% of price including VAT, minimum £6,600). Buyers must complete within 56 days of contract exchange, provide ID and proof of funding, and should review the Buyer Information Pack; the property is offered with a tenant and is therefore suitable for investment buyers only. Buyers should carry out their own due diligence, consider renovation costs, and allow for the auction fees and terms when budgeting.
This is a clear investment opportunity for buyers seeking a period terrace with immediate rental income and scope to add value through updating, insulation and modernisation. Be aware of the repair and compliance work likely required and the auction sale mechanics which add costs and timing constraints.
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