Institute Road, Birmingham

£999,999
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Property Summary

Prime Investment Opportunity in Kings Heath!

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

Property Overview:

8-bedroom HMO Bedsits
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: £7,340
Residential Net Income: £6,550 per month, £78,600 per annum.

Annual NET Income: £98,100
Net Yield: 9.8%
Sale Price: £999,999


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!