Mill Street, Kidderminster, Worcestershire, DY11

INVESTMENT PROPERTY FOR SALE. Freehold. Residential property comprising of two one bedroom flats, sold as an investment with both flats let with sitting tenants. Located close to Kidderminster Town Centre and local amenities. Producing a gross annual rental income £12,600, giving a gross yield of 9% before costs.

Flat 48
Ground floor flat comprising of: Private entrance door leading to lounge area, inner hall leading to kitchen, double bedroom with en-suite shower room. Currently let on Assured Periodic Tenancy with a current rental income of £650 per month. Rent includes £100 allocated for gas and electricity. Approximate net internal area 42 Square Metre / 451.92 Square Feet as per the EPC.

Flat 48A
First floor flat comprising of: Private entrance door and stairs leading to first floor. Open plan lounge kitchen. Double bedroom and shower room. Currently let on Assured Periodic Tenancy with a current rental income of £600 per month. Rent includes £100 allocated for gas and electricity. Approximate net internal area 44 Square Metre / 473.44 Square Feet as per the EPC.

Energy Performance Certificate
EPC rating for 48 Mill Street is C 75 EPC rating for 48a Mill Street is C 71

V.A.T Payable
V.A.T. will not be charged on the purchase price.

Tenure Possession
The property is freehold and subject to sitting tenants in the two flats.

Services
Mains water, gas, 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. The properties benefit from fibre to the premises broadband connection. In both properties indoor mobile coverage is good with EE, O2 & Vodaphone but variable with Three. Outdoor coverage is good with EE, O2, Three and Vodaphone. (Source: Ofcom)

Fixtures Fittings
Any fixtures and fittings not mentioned in these sale particulars are excluded from the sale.

Viewing
By prior appointment with Doolittle & Dalley 01562 821600.

Council Tax Band
48 Mill Street council tax band is 'A' as at 05.01.2026 48a Mill Street council tax band is 'A' as at 05.01.2026

Reference:
RDH.LB.05.01.2026.

Anti-Money Laundering Regulations
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 Prospective Purchasers
If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.

Misrepresentations Act
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.