Land for sale

Lion Hill, Stourport-On-Severn, Worcestershire DY13

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.

Flat 1 (Not Included)

None - Owner occupied. Ground floor flat. Lease Term 99 years from 1 January 2001. Service Charge of £250.00 per annum paid directly to the freeholder. Ground rent at a peppercorn.

Flat 2 (Not Included)

None - Owner occupied. Ground floor flat. Lease term 189 years from 1 January 2001. Service Charge of £250.00 per annum paid directly to the freeholder. Ground rent at a peppercorn.

Flat 3

None - First floor flat. Accommodation comprises: Entrance hall, kitchen, lounge, bedroom and shower room. The property benefits from night storage heating.
Currently let on an Assured Periodic tenancy with a current rental income of £530 per month.
Approximate net internal area 29 Square Metres/ 311.75 Square Feet.

Flat 4

None - First floor flat. Accommodation comprises: Entrance hall, fitted kitchen, lounge, double bedroom, and shower room. The property benefits from night storage heating.
Currently let on an Assured Periodic tenancy with a current rental income of £460 per month.
Approximate net internal area 30 Square Metres/ 322.50 Square Feet.

Flat 5

None - First floor flat. Accommodation comprises: Entrance hall, lounge, fitted kitchen, double bedroom, and shower room. The property benefits from night storage heating.
Currently let on an Assured Periodic tenancy with a current rental income of £485 per month.
Approximate net internal area 37 Square Metres/ 397.75 Square Feet.

Flat 6

None - A second floor flat. Accommodation comprises: Entrance hall with entrance phone, lounge, fitted kitchen, double bedroom, and shower room. The property benefits from new electric heating.
Currently let on an Assured Periodic tenancy with a current rental income of £525 per month.
Approximate net internal area 38 Square Metres/ 408.5 Square Feet.

Flat 7

None - A second floor flat. The accommodation comprises of hall, lounge, kitchen, double bedroom and bathroom. The property benefits from night storage heaters.
Currently let on an Assured Periodic tenancy with a current rental income of £525 per month.
Approximate net internal area 38 Square Metres/ 408.5 Square Feet.

Basement

None - Entrance 2.67m x 4.09m
Night storage heater.

Cloakroom
W.C. Wash hand basin. Hot water heater.

Room One 4.41m x 3.71m
Night storage heater. Meters

Room Two 3.91m x 3.44m
Night storage heater.

Outside

None - The property comes with 6 allocated parking spaces. These can be rented out separately if desired. The current owner has advised that he currently collects £120 per month in parking.

Energy Performance Certificate

None - Flat 3 EPC = E
Flat 4 EPC = C
Flat 5 EPC = D
Flat 6 EPC = E
Flat 7 EPC = E

V.A.T Payable

None - V.A.T. Will not be charged on the purchase price

Tenure & Possession

None - The property is freehold and subject to sitting tenants in the 5 of the flats.

Services

None - Mains water, electricity, and drainage are connected. We have not tested any apparatus, fixtures, fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose. Prospective tenants are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate.

Fixtures & Fittings

None - Any fixtures and fittings not mentioned in these sale particulars are excluded from the sale.

Viewing

None - By prior appointment with Doolittle & Dalley .

Council Tax Bands

None - Flat 3 council tax band is 'A' as at 12.05.2026
Flat 4 council tax band is 'A' as at 12.05.2026
Flat 5 council tax band is 'A' as at 12.05.2026
Flat 6 council tax band is 'A' as at 12.05.2026
Flat 7 council tax band is 'A' as at 12.05.2026

Reference: Lb.12.05.2026

None

Anti-Money Laundering Regulati

None - In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the successful purchaser will be required to provide satisfactory evidence of identity and the source of funds before the sale can proceed. This is a legal requirement. A charge of £45 (inclusive of VAT) will be payable by each buyer (and anyone providing a gifted deposit) to cover the cost of undertaking these anti-money laundering checks.

Valuation Advice For Prospecti

None - If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.

Misrepresentations Act

None - Messrs. Doolittle & Dalley for themselves and for the vendors/lessors of this property whose agents they are, give notice that:- 1.These particulars do not constitute, or constitute any part, of an offer or a contract. 2.All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Doolittle & Dalley or the vendor. 3.None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4.Any intending purchaser must satisfy him/herself by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. 5.The vendor does not make or give and neither Messrs. Doolittle & Dalley or any person in their employ has any authority to make or give any representation or warranty whatever in relation to this property.