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Freehold

£999,999

8 bed property for sale

Institute Road, Kings Heath, Birmingham B14
8 beds
8 baths
8 receptions
Email agent

£999,999

8 bed property for sale
Institute Road, Kings Heath, Birmingham B14

    • 8 beds

    • 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!

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