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Clensmore Street, Kidderminster, Worcestershire - Image 1
Clensmore Street, Kidderminster, Worcestershire - Image 2
Clensmore Street, Kidderminster, Worcestershire - Image 3
Clensmore Street, Kidderminster, Worcestershire - Image 4
Clensmore Street, Kidderminster, Worcestershire - Image 5
Clensmore Street, Kidderminster, Worcestershire - Image 6
Clensmore Street, Kidderminster, Worcestershire - Image 7
Clensmore Street, Kidderminster, Worcestershire - Image 8
Clensmore Street, Kidderminster, Worcestershire - Image 9
Clensmore Street, Kidderminster, Worcestershire - Image 10
Clensmore Street, Kidderminster, Worcestershire - Image 11

Clensmore Street, Kidderminster, Worcestershire

West Midlands

£450,000
Listed on 19/10/2022

Property Details

Bedrooms
N/A
Type
Detached house

Description

This versatile factory site presents a distinctive opportunity for those interested in renovation and investment. Currently designated with a B1 business use classification, the property features seven offices and five dedicated workrooms, making it suitable for a variety of business operations. The layout includes additional storage space, which adds to its functional appeal. Located on the Birmingham side of Kidderminster, this site benefits from convenient access to local amenities and transport links, enhancing its desirability for both commercial and potential residential development. With the appropriate planning permissions, there is ample opportunity to transform the existing structure into a dynamic mixed-use space or residential units. The property also boasts several extension rooms, a cellar, and multiple store rooms that could be repurposed to suit various needs. A reception area welcomes visitors while a meeting room provides an ideal environment for collaboration and discussions. The inclusion of specialized spaces like an art room and darkroom further increases the property's versatility. Given its strategic location and diverse functional spaces, this property holds considerable renovation potential for investors looking to capitalize on growth in the area. Whether you aim to maintain its current business use or explore new development possibilities, this site is ripe for transformation.

Investment Analysis

(DY10 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (DY10)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +4.7%
5 year growth: +22.2%
Investment Disclaimer: Analysis based on DY10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Clensmore Street, Kidderminster, Worcestershire
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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