Terraced house for sale in Lea Street, Kidderminster DY10

Summary

The property for sale in Kidderminster is a fantastic opportunity for investors looking to enter the HMO market. With 7 bedrooms and 2 bathrooms, there is plenty of potential for generating a high rental income. The property also includes a spacious kitchen and communal living area, making it an attractive option for tenants.

Located just a short walk from Kidderminster train station and the town centre, tenants will have easy access to transport links, shops, restaurants, and other amenities. The property is also within close proximity to local schools and colleges, making it ideal for student accommodation.

The property is in need of renovation, but once completed, it has the potential to generate a yearly income in excess of 40,000. With 6 bedrooms, 4 en-suites, and a 1-bedroom studio, there is room for multiple tenants, increasing the potential for rental income.

Kidderminster itself is a bustling town with plenty to offer residents and visitors alike. From the Severn Valley Railway, a heritage steam railway that runs through beautiful countryside, to the West Midlands Safari Park, there is no shortage of things to do and see in the area. The town also has a range of shops, restaurants, and leisure facilities, ensuring that tenants will have plenty to keep them entertained.

Overall, this potential HMO property in Kidderminster is a fantastic investment opportunity with the potential to generate a high rental income. With its convenient location and close proximity to local amenities, it is sure to attract tenants and provide a steady stream of income for the new owner.

Please note there is no current HMO licence for the property and this would have to be applied for.

Council Tax Band: B
Tenure: Freehold