Lion Hill, Stourport-on-Severn, Worcestershire, DY13
Property Details
Plot
Description
Property Details: - Type: Plot - Bedrooms: 0 - Bathrooms: 0
Agent: Doolittle & Dalley - Kidderminster Phone: 01562 309926
RESIDENTIAL INVESTMENT PROPERTY. Freehold building comprises of 7 apartments in total, 5 apartments are included within this sale and the further two flats on long leases. The premises are in a well-established, prominent area of Stourport at the corner of Lion Hill and Lodge Road. Overlooking the canal, the Grade II listed accommodation also consists of a cellar and parking to the rear which provides ideal opportunity to produce further rental income. Current rental income of £31,740 per annum producing a current yield of 7.95% excluding costs. Some apartments are in need of some modernisation therefore providing an ideal investment opportunity to increase rental income once improved. ASKING PRICE £399,000.<br/><br/>
Location
Address
Lion Hill, Stourport-on-Severn, Worcestershire, DY13
City
DY13
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