£999,999
Property for saleInstitute Road, Kings Heath, Birmingham B14
8 baths
8 receptions
Freehold
About this property
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!
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!
Mortgage calculator
Monthly repayment
£5,002 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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