Mixed- use Investment in Dudley
Wolverhampton Street, Dudley, West Midlands DY1 3AD
£295,000
28 May 2025
GUIDE PRICE
AUCTION DATE
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.
A full tenancy schedule will be with us soon
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
Auctioneers Note
The deposit for exchange of contracts on this property is 10% subject to a minimum of £10,000. The completion period for this property is 56 days.
Starting Bid and Reserve Price
*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that’s Lots may be withdrawn prior to the end of auction.
Disclaimer
These particulars, whilst believed to be accurate based on information from the seller and photographic evidence, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. We have not physically inspected the property, therefore intending purchasers should not solely rely on these details as statements of fact, but must satisfy themselves by personal inspection or other means to verify the information provided. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. If the property is occupied during the auction but to be sold with vacant possession, we take no responsibility if the property is not vacated on or before completion.
Wolverhampton St, DY1 3AD
Guide Price
£295,000
Auction Date
28 May 2025
Venue
Online
Auctioneer
Under The Hammer
Under The Hammer