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See how verdicts work2 × 1-bed flat · DY11 6XB
For saleListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment property for sale. Freehold. Residential property comprising of two one bedroom flats, sold as an investment with both flats let with sitting tenants.
Located close to Kidderminster Town Centre and local amenities. Producing a gross annual rental income £12,600, giving a gross yield of 9% before costs.
Flat 48 Ground floor flat comprising of: Private entrance door leading to lounge area, inner hall leading to kitchen, double bedroom with en-suite shower room.
Currently let on Assured Periodic Tenancy with a current rental income of £650 per month. Rent includes £100 allocated for gas and electricity.
Approximate net internal area 42 Square Metre / 451.92 Square Feet as per the EPC. Flat 48A First floor flat comprising of: Private entrance door and stairs leading to first floor.
Open plan lounge kitchen. Double bedroom and shower room. Currently let on Assured Periodic Tenancy with a current rental income of £600 per month.
Rent includes £100 allocated for gas and electricity. Approximate net internal area 44 Square Metre / 473.44 Square Feet as per the EPC.
Energy Performance Certificate EPC rating for 48 Mill Street is C 75 EPC rating for 48a Mill Street is C 71 V.A.T Payable V.A.T. Will not be charged on the purchase price.
Tenure & Possession The property is freehold and subject to sitting tenants in the two flats. Services Mains water, gas, electricity, and drainage are connected.
We have not tested any apparatus, fixtures, fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose.
Prospective tenants are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate. The properties benefit from fibre to the premises broadband connection.
In both properties indoor mobile coverage is good with EE, O2 & Vodaphone but variable with Three. Outdoor coverage is good with EE, O2, Three and Vodaphone.
(Source: Ofcom) Council Tax Band 48 Mill Street council tax band is 'A' as at 05.01.2026 48a Mill Street council tax band is 'A' as at 05.01.2026 Anti-Money Laundering Regulations We are required by law to conduct anti-money laundering, counter-terrorist financing, and counter-proliferation financing checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks are carried out correctly and for ongoing monitoring, the initial checks are carried out on our behalf by Lifetime Legal who will contact you if you have had an offer accepted on a property you wish to buy.
The cost of these checks is £96 inc VAT, which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee is paid in advance, directly to Lifetime Legal and is non-refundable.
Valuation Advice For Prospective Purchasers If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.
Important Notice We have prepared these property particulars as a general guide to a broad description of the property. They are not intended to constitute part of an offer or contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floorplans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings.
Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
The copyright of all details, photographs and floorplans remain exclusive to Doolittle & Dalley.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 48 & 48a,, Mill Street, Worcestershire
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