Summary -
Flat 8 Mill Bank Court,Mill Street,KIDDERMINSTER,DY11 6GA
DY11 6GA
2 bed 1 bath Flat
**Standout Features:**
- **Investment Opportunity:** Sold with tenants in situ, generating immediate rental income.
- **Income Potential:** Currently rented at £7,800 per annum, with a 7.5% yield.
- **Modern Design:** Contemporary, open-plan living area with a modern kitchen featuring built-in appliances.
- **Secure Parking:** Allocated off-street parking in a desirable urban setting.
- **Excellent Transport Links:** Close to Kidderminster town centre and train station with direct routes to Birmingham and London.
**Potential Concerns:**
- **Leasehold Duration:** 109 years remaining on the lease.
- **Average Crime Rate:** Above average in the local area may impact desirability for some.
- **Service Charges:** Annual service charge of £1,248, which should be factored into investment costs.
**Summary:**
Welcome to 8 Mill Bank Court, a rare investment gem in Kidderminster’s emerging urban landscape. This well-appointed two-bedroom flat offers modern, compact living with an inviting open-plan design, ideal for both tenants and future homeowners. Enjoy the convenience of off-street parking and a secure, gated entry, providing peace of mind. With a current rental income of £7,800 per year, this flat is perfect for investors looking to expand their portfolio effortlessly. Positioned just moments from local amenities and excellent transport links, this property combines accessibility with a vibrant community atmosphere.
Available at auction on September 24th, 2025, this flat presents a valuable opportunity for those seeking immediate cash flow and long-term growth in a bustling town. Don't miss the chance to secure your spot in this promising investment—act quickly as units like this won’t last long on the market!
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