53 Vicarage Road West, Dudley, West Midlands DY1 4NP

This detached property presents a rare opportunity for investors and developers, situated on a double plot in a highly desirable area. Currently, it consists of three one-bedroom flats that are fully occupied, generating an attractive annual income of £19,454. There is significant potential to enhance the investment by exploring options for further development (subject to planning permission), as the property previously held approval for constructing three additional dwellings, which has since lapsed. Engaging with an architect or planning consultant could unlock the full spectrum of possibilities available here. Located in the West Midlands, this property benefits from excellent transport links and proximity to various local amenities and shops, ensuring strong demand for rental accommodations. The current rental income is derived from: - Flat 1: £528.00 per month - Flat 2: £571.73 per month - Flat 3: £521.13 per month With solid cash flow already established and plenty of room for strategic enhancement, this property is ideal for those looking to make their mark in the property market.