mixed use for sale in Dudley, West Midlands, DY1 Buy SSTC

For Sale by under the hammer online auction. - Head over to the website to download the legal pack, register to bid and see more information.

A freehold mixed use investment property in Dudley with £36,360 pa income The property comprises of two x 2 bedroom flats on the top floor and two x 1 bedroom flats on the first floor as well as two commercial units on the ground floor. The building has three floors with extensive cellars accessed from the rear of the building with a small gated yard. There is a potential for development of the cellars to increase the number of units within the property (STP Fully let, producing £36,360 pa, with scope to increase and with a local agent management agreement in place. Flat 1- Currently - £695PCM (rolling tenancy) Flat 2- Currently - Potential of £750PCM (currently vacant) Flat 3- Currently £550PCM- (rolling tenancy) Flat 4- Currently £550PCM - (rolling tenancy) 181- Currently - £1185 per quarter - moved in 1.2.25- lease expires 31.1.28 181a - Currently - £395 Per month- lease started 20.6.22 expires - 19.6.25 Dudley is a vibrant town in the heart of the Black Country, offering a rich history, excellent transport links, and a strong sense of community. Home to the famous Dudley Castle and Zoo, as well as the Black Country Living Museum, the area blends heritage with modern amenities. With a range of schools, shopping centers, and green spaces, Dudley is ideal for families and professionals alike. Its central location provides easy access to Birmingham, Wolverhampton, and the wider West Midlands via road and public transport Here's what to do next Visit - Under the hammer and view the auction terms. View - Book a viewing. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information. Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller. Bidding - Everything is completed online through the website and the intuitive bidding controls. If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website Flat 1 A top (2nd) floor two bedroom flat, with open plan lounge kitchen/diner and shower/WC off, with double glazing and electric heating. See floorplan for dimensions Flat 2 A top (2nd) floor two bedroom flat, with open plan lounge kitchen/diner and shower/WC off, with double glazing and electric heating. See floorplan for dimensions Flat 3 A middle (1st) floor flat with open plan living/dining area and fitted kitchen to one side. Doors off to a double bedroom and shower/WC. See floorplan for dimensions Flat 4 A middle (1st) floor one bedroom flat, with open plan lounge kitchen/diner with breakfast bar and shower/WC, with double glazing and electric heating. See floorplan for dimensions Commerical Unit 1 (181a) Left hand side of building - open plan work area with storage to side, kitchenette and WC off. Commercial Uniit 2 (181) Right hand side of building - open plan work area with storage to side, treatment room, kitchenette and WC off. Cellar Four rooms, two with vaulted ceilings, gated access to rear of building - accessed off Trinity Street.

  FEATURES:

• Mixed use development
• Freehold block in a Town Centre location
• Four flats (two 2 beds, 2 1 beds)
• Two commercial units
• Extensive cellars, small yard to rear
• Fully let, producing £ 3030 p/mth
• Development potential (One to two bed conversion of Flats 3 & 4) Subject to permissions