Lichfield House comprises a Grade II Listed dwelling set on three floors, with ground floor central hallway with access directly off Lichfield Street to the front and access from the rear from the parking area. There are two flats at ground level and three each on first and second floor levels. There is a Cellar.
The property is fire alarmed, fully certified electrical systems and emergency lighting within. The rear access drive is a shared driveway with an adjoining property.
Location
Lichfield House is situated very close to Stourport Town Centre in a primarily residential area and also within walking distance of Tescos supermarket, but it has the advantage of 8 x off road parking spaces to the rear of the building.
Accommodation
On the Ground Floor Main Hall 20’2” x 7’7” (6.15m x 2.28m) with cupboard containing the electric meter. Access to the Cellar and stairs leading to the first floor level. Doorway to Rear Hall 9’5” x 3’ (2.86m x 0.91m) and access to Car Park with 8 x parking spaces
Ground Floor Flat 1
Lobby
Lounge 12’ max x 12’ (3.99m max x 3.99m)
Kitchen 9’2” x 4’ 5” (3.00m x 1.41m)
Shower Room
Separate W.C
Bedroom 12’ x 10’1” (3.99m x 3.10m)
Ground Floor Flat 2
Lounge 14’5” x 14’ 3” (4.41m x 4.35m)
Central Lobby
Shower Room
Kitchen 12’9” x 6’ 10” (3.90m x 2.10m)
Bedroom 15’5” x 13’ 1” (4.72m x 4.00m)
The measurements for Flats 1 & 2 have been derived from floor plans only and not measured on site.
First Floor Flat 3
Half Landing leading to Flat 3
Lobby 5’6” x 3’11” (1.67m x 1.19m)
Bathroom with bath, shower, W.C and basin
Lounge 15’11” x 10’3” (4.23m x 3.12m)
Kitchen 8’5” x 5’2” (2.56m x 1.58m)
Bedroom 8’4” x 8’2” (2.52m x 2.49m)
First Floor Flat 4
Lobby 5’9” x 2’8” (1.75m x 0.81m)
Store Room & W.C 8’1” x 4’0” ( 2.46m x 1.21m)
Bedroom 12’8” x 8’3” ( 3.85m x 2.51m)
Lounge 14’2” x 8’10” ( 4.32m x 2.69m)
Kitchen 10’ 10” x 5’2” (3.30m x 1.58m)
First Floor Flat 5
Hall 7’2” x 3’4” plus 4’5” x 3’4” (2.19m x 1.00m plus 1.34m x 1.00m)
Lounge 14’4” x 4’ 1” ( 4.35m x 1.24m)
Kitchen 8’8” x 4’9” ( 2.63m x 1.44m)
Bedroom 14’0” x 10’7” (4.26m x 3.22m)
Bathroom 9’9” x 5’ ( 2.97m x 1.52m) With bath, W.C and basin
Second Floor Flat 6 - As per Flat 3
Second Floor Flat 7 - As per Flat 4
Second Floor Flat 8 - As per Flat 5
TENANCY AGREEMENTS AND RENTAL INCOME
At the time of writing all 8 x flats are let on the basis of Assured Shorthold Tenancies. The tenancies date back some 30 years for one. Two to 2015 & 2016 the remainder are from 2018 and 2019. There may well be scope for rental increases subject to any relevant notices required.
Details of the current rental income will be made available to interested parties after discussion with the selling agent, but the asking price represents something in the region of a 7.57% return.
Specification
8 self-contained flats and parking.