8 bedroom Block of Apartments in Kidderminster

Flats 1 - 7, Pershore Court, Park Street, Kidderminster DY11 6TP
  • Lot No: 137
  • Property Type: Block of Apartments
  • Contract Type: Unconditional with Variable Fee

Guide Price* £350,000+ plus fees

Property Description

A superb opportunity to purchase a freehold block of 7 vacant apartments built in the year 2000 and in need or renovation. Pershore court is a purpose build block of apartments and consists of 6 x 1 bed apartments and a 2 bed apartment, each apartment has its own separate kitchen from the living room and when first built were of exceptional spec and build quality. Once renovated the potential for income is great, with rents in this desirable residential area on the increase, the new buyer could be looking at a yearly rental income in excess of £60k offering a handsome return on investment. The block is close to a wide range of local amenities, shops and transport links. Viewing is highly recommended and there is also a walkthrough video which can be seen by clicking on the virtual tour.

Additional Information:

Construction Material: Standard Brick. Broadband Coverage: Standard, Ultrafast and Superfast. Mobile signal: O2, Vodafone, EE and Three. Satellite and Cable: BT and Sky.


Note to Buyers

The property address is know as '56, 57, 58 and 59 Park Street' on the title documents.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 29th May 2025

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

Flats 1 - 7, Pershore Court, Park Street, Kidderminster DY11 6TP