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Commercial property for sale

£999,999

Institute Road, Kings Heath, Birmingham B14

Commercial property for sale 8 8
Interested in this property? Call +44 121 721 7690 * or Request Details

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Property description

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!

Property info

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For more information about this property, please contact
10X Rising, B14 on +44 121 721 7690 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by 10X Rising, and do not constitute property particulars. Please contact 10X Rising for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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