£999,999

8 bed property for sale

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Freehold

£999,999

8 bed property for sale

Institute Road, Kings Heath, Birmingham B14

8 beds
8 baths
8 receptions

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Bishop Challoner Catholic College 0 miles
  • St Dunstan's Catholic Primary School 0.1 miles
  • Bournville 1.6 miles
  • Yardley Wood 1.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
8 X Studio Units + 2 Commercial Units Investment Opportunity!
Annual net Income: £98,100
Net Yield: 9.8%

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: £7,340
Residential Net Income: £6,550 per month, £78,600 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!

Floor plans and tours

Floor plans

No floor plan available

Tours

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More information

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Property descriptions and related information displayed on this page are marketing materials provided by - 10X Rising. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact 10X Rising for full details and further information.

  1. Zoopla
  2. For sale
  3. West Midlands
  4. Birmingham
  5. Kings Heath
  6. Institute Road

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