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Lodge Close, Bewdley DY12 2 bed apartment for sale
Lodge Close, Bewdley DY12
£75,000
Lodge Close, Bewdley DY12
£75,000
Price History
Initial price | £81,000 |
28/03/25 | £75,000 |
Price Change | -7.41% |
Description
A two-bedroom first-floor apartment is available in a picturesque courtyard setting in Bewdley, Worcestershire, with a guide price of £75,000. The property has a reliable tenant in place, generating a rental income of £7140 per annum, and benefits from its own private parking area and access to well-maintained open lawns. The apartment is in good condition and has 53 years remaining on its 99-year lease, with the option to extend the lease after purchase. The property offers excellent potential for a solid return on investment, with a potential yield of 13% subject to rental increase to market value. Bewdley is a charming town with a rich history, known for its beautiful Georgian architecture, quaint shops, and traditional pubs, and offers a peaceful and idyllic setting with plenty of outdoor activities nearby.