4 bed block of flats for sale

Enville Street, Wollaston, Stourbridge DY8

An outstanding freehold investment opportunity offered for sale by auction, comprising a fully let block of three self-contained flats generating an impressive total rent roll of £22,800 P/A. Presenting a high-yielding, turnkey buy-to-let portfolio acquisition, the property has been further enhanced by recent eco-retrofitting, including external wall insulation to boost overall energy efficiency.

The accommodation breakdown comprises: On the ground floor, two self-contained one-bedroom flats, both benefiting from settled, long-term tenants providing reliable ongoing income. Spanning the entire upper level is a particularly spacious self-contained two-bedroom first-floor flat. All three units benefit from the building's recent external wall insulation (ewi) upgrade, helping to optimise thermal performance.

The property offers a seamless investment setup with an immediate rental yield from day one of completion, representing a prime opportunity for portfolio landlords and savvy investors.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Accommodation Configuration

Ground Floor

Flat 1

Double glazing, under floor heating, one double bedroom, modern refitted kitchen, open plan lounge and smart shower room.

Rent £500.00 pcm

Flat 2

Double glazing, under floor heating, one double bedroom, modern refitted kitchen, open plan lounge and smart shower room.

Rent £500.00 pcm

First Floor

Flat 3

The property is well-presented throughout, benefiting from gas central heating and double glazing. The generous interior includes a lounge, a fitted dining kitchen, two well-proportioned double bedrooms, and a modern bathroom.

Rent £900.00 pcm

Note: Photos are of pre-tenancy condition.