For Sale

Institute Road, Birmingham

£999,999
  • Ref: 32978678
  • Availability: For Sale
  • Bedrooms: 8
  • Bathrooms: 8
  • Reception Rooms: 8
  • Tenure: Freehold
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Property Summary

8 X Studio Units + 2 Commercial Units Investment Opportunity!
Annual NET Income: £100,351.80
Net Yield: 10.04%

Welcome to a lucrative investment in the heart of Kings Heath, now available for astute investors!

Property Overview:

8 X Studio Units
2 Commercial Units - Potential for conversion subjtect to planning

Commercial Units:

2 ground-floor commercial units. One rented at £3,600 PA, and the other at £15,900 PA

Residential Units:

Let to private working professionals under Assured Shorthold Tenancy
Total Gross Income: £7,012
Residential Net Income: £6,737.65 per month, £80,851.80 per annum.


Company or asset sale is possible.

Location:
Situated in Kings Heath, a prime location with excellent growth potential and high demand for rental properties.

Key Features:

Potential for future development
Assured Shorthold Tenancy ensures stability


Contact us today for a viewing!