2 bedroom flat for sale

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2 bedroom flat for sale

York Street, Stourport-On-Severn
£99,950

Price History

Initial price £120,000
29/10/23 £110,000
18/09/24 £99,950
Price Change -16.71%

Description

This investment property in Stourport on Severn consists of two rental apartments, Flat One on the 1st floor and Flat Two on the 2nd floor. Each flat has a lounge, kitchen, bedroom, and bathroom, with electric heating throughout. Both flats are currently rented, generating a total of £750 per month, yielding 8.2%. The property is situated in the heart of Stourport on Severn, with a communal entrance leading to the flats on the upper floors. Flat One has a lounge, kitchen, bedroom, and shower room, while Flat Two has a lounge, kitchen, bedroom, and shower room. The property is leasehold, and the owner states that ground rent and other charges may be payable. With a Council Tax Band A, this is an excellent opportunity for investors to generate a steady income.