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£2,700,000

(£205.10/sq. ft)

Property for sale

Civic Chambers, Great Cornbow, Halesowen B63
13,164 sq. ft

£2,700,000

(£205.10/sq. ft)

Property for sale
Civic Chambers, Great Cornbow, Halesowen B63

    • 13,164 sq. ft

About this property

  • Comprising 24 apartments & 1 retail unit

  • Gross rental income - £206,340 pax

  • Rare freehold opportunity

Hexagon Commercial Property are delighted to present a rare opportunity to acquire a substantial freehold residential investment in the heart of Halesowen Town Centre. The property, known as Civic Chambers and formerly the Halesowen Civic Offices, has been expertly redeveloped into a collection of modern residential units. Blending contemporary living with the character of a historic building, the scheme comprises a mix of apartments, townhouses, and a retail unit, offering a well-balanced and appealing investment. Civic Chambers generates a total annual passing rent of £206,340, with one unit currently vacant—providing an opportunity for rental uplift and future income growth. Based on the asking price of £2,700,000, this reflects a net initial yield of approximately 7.25%. This is a compelling investment offering immediate income, strong underlying asset value, and potential for enhanced returns in a highly accessible town centre location. A full schedule of all the tenancies and rel

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