Auction House London

Lot 76

Block of Apartments - Flats / Apartments 

John Garth House & Insurance House

Engine Lane, Stourbridge, West Midlands, DY9 7DF

Sold for £550,000

A Residential Investment Opportunity Comprising Two Detached Buildings Arranged as Three Self-Contained Flats Providing 15 En-Suite HMO Rooms. Fully Let Producing a Combined Income of £84,660 Per Annum. Further Development Potential (Subject To Obtaining All Relevant Consents).


The lot comprises two detached part single and part two storey buildings which have been arranged to provide three self-contained flats each made up of five bedrooms with en-suites. The properties were fully converted into residential dwellings in 2018 and were refurbished to a high standard.


The lot is held on two freehold titles


The property is situated in a mixed residential & commercial area close to the local shops and amenities of Lye High Street. The Intu Merry Hill Shopping Centre is approximately 2 miles away. Transport links are provided by Lye rail station.


The property benefits from 15 parking spaces.


Please refer to the legal pack for a full tenancy schedule.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
John Garth House - Flat 1 Ground 5 Bedrooms with En-Suites & Shared Kitchen 5 Individual Tenancies £27,564
John Garth House - Flat 2 First 5 Bedrooms with En-Suites & Shared Kitchen 5 Individual Tenancies £28,164
Insurance House - Flat 3 Ground
4 Bedroom with En-Suites & Shared Kitchen
1 Bedroom with En-Suite
5 Individual Tenancies £28,932

Joint Agent

Additional Fees and Disclaimer

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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Viewing by Appointment Only Please email to book an appointment. For further information, please register for the legal pack. For all enquiries, please contact Jamie Weir at
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at

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Enquire about John Garth House & Insurance House, Engine Lane, Stourbridge, West Midlands, DY9 7DF

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