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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Four Modern Self Contained Apartments
  • Converted Grade II Listed Capel
  • Three One Bedroom Apartments
  • One Two Bedroom Apartment
  • Currently Generating An Income Circa. £31,500 per annum
  • Converted & Refurbished Circa. 2012
  • Parking Amenity
  • EPC Rating For All Flats - C

Listing view statistics

Last 30 days: 108 page views

Description

A rare opportunity to purchase a freehold investment of four modern self contained apartments set in an attractive grade II listed chapel, converted and refurbished in 2012. The investment consists of three one bedroom apartments and one two bedroom apartment currently generating a rental income of £31,500 per annum.

Set in the popular village of Astwood Bank, Chapel Court is a Grade II listed former Baptist Chapel originally constructed circa. 1822. The Chapel has been converted in two units with unit 1 being the four apartments for sale. Planning for the conversion was obtained via Redditch Borough Council, planning application number 2010/216/ful amended 2011/020/nmc.

The outside communal and parking areas are owned by the Freehold Management Company "Chapel Court Residents Association Limited". We understand that the purchaser will own an equal share of the management company along with the owner of 'Unit 2'. An agreement is in place which allocates one parking bay for each flat. Details of which are subject to formal confirmation, it will be the purchaser's responsibility to appoint their solicitor to verify the arrangement.

The apartments are accessed via a paved pathway extending to an attractive secure communal entrance leading through to communal areas which provide access to two ground floor apartments and stairs rising to the first floor providing access to two further apartments

Apartment One A one bedroom ground floor apartment with open plan living dining kitchen, modern shower room and a double bedroom

Apartment Two A one bedroom ground floor apartment with open plan living dining kitchen, modern shower room and a double bedroom

Apartment Three A one bedroom first floor apartment with open plan living dining kitchen, modern shower room and a double bedroom

Apartment Four A two bedroom first floor apartment with open plan living dining kitchen, modern shower room and two bedrooms

Tenure We are advised by the vendor that the property is freehold, A payment is made to 'Chapel Court Residents Association Limited' to cover the maintenance and gardening of the communal grounds. The sum for the accounts year ending 30th April 2018 was £405. We would strongly advise all interested parties to obtain verification through their own solicitor or legal representative to confirm the tenure and any service charges. EPC supplied by vendor.

Property misdescriptions act: Smart Homes have not tested any equipment, fixtures, fittings or services mentioned and do not by these Particulars or otherwise verify or warrant that they are in working order. All measurements listed are given as an approximate guide and must be carefully checked by and verified by any Prospective Purchaser. These particulars form no part of any sale contract. Any Prospective Purchaser should obtain verification of all legal and factual matters and information from their Solicitor, Licensed Conveyancer or Surveyors as appropriate.

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Up to 300 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Redditch 3.4 miles
  • Alvechurch 6.3 miles
  • Ridgeway Academy 0.3 miles
  • Astwood Bank Primary School 0.5 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Redditch 3.4 miles
  • Alvechurch 6.3 miles
  • Ridgeway Academy 0.3 miles
  • Astwood Bank Primary School 0.5 miles

Market stats

Sale activity

Average estimated value for a flat in B96:

  • £135,806
  • Price decrease

  • -£1,420
  • (-1.035%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £117,000
  • Properties sold

    3

Rental opportunities

Not known

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Price history

Sold prices provided by Land Registry
16th Dec 2020 £499,950 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Smart Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Smart Homes for full details and further information.