Sale by tender

Studio for sale

  1.  492 Sheldon Heath Road  By Frame Studio 0005.Jpg
  2.  492 Sheldon Heath Road  By Frame Studio 0024.Jpg
  3.  492 Sheldon Heath Road  By Frame Studio 0021.Jpg
Freehold

Sale by tender

Studio for sale

Sheldon Gardens, 490 Sheldon Heath Road, Sheldon, Birmingham B26

From 554 - 561 sq. ft

Local area information

Property location

Nearby amenities

  • Elms Farm Community Primary School 0.2 miles
  • King Edward VI Sheldon Heath Academy 0.2 miles
  • Marston Green 0.9 miles
  • Lea Hall 1.1 miles

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

Features and description

  • Freehold
Key Points

  • 14 x two bedroom flats in modern apartment block
  • Ample on site car parking
  • 100% let on AST's with circa 43% of income derived from Aspect Housing Ltd
  • Current total rent £109,080 per annum
  • Permission in principle for further development

  • Description

    The property comprises a three storey building built circa 2014/15 with rendered elevations, comprising 14 x 2 bedroom flats arranged over first and second floors. The ground floor retail units have been sold off on a long leasehold basis at peppercorn rents.

    A covered driveway leads through part of the ground floor directly from Sheldon Heath Road onto a tarmacadam surfaced rear car park, with approximately 30 marked parking spaces.

    Location

    The property is located in Sheldon, a suburb of Birmingham, approximately 7 miles to the south east of the City Centre and bordering on Garretts Green to the north.

    The property fronts the eastern side of Sheldon Heath Road, just to the north of the roundabout junction of Sheldon Heath Road, Brays Road, The Radleys and Church Road.

    The area comprises a mix of residential and retail uses, the latter of which are concentrated around the road junction.

    The property is situated on a main bus route into both Birmingham City Centre and Solihull Town Centre. The National Exhibition Centre and Birmingham International Airport are approximately 4 miles east.

    More information

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    1. Zoopla
    2. Commercial for sale
    3. West Midlands
    4. Birmingham
    5. Sheldon Heath Road

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