Property photos
Freehold
£1,000,000
Property for sale
25 Institute Road, Kings Heath, Birmingham, West Midlands B14Local 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
This investment opportunity features a mix of residential and commercial units, promising a robust income stream and an impressive net yield. The total annual net income is £98,100, resulting in a net yield of 9.8%.
The property includes eight studio units generating a gross monthly income of £7,340 and a net monthly income of £6,550, which amounts to an annual net income of £78,600. Additionally, there are two ground-floor commercial units, with one rented at £3,600 per annum and the other at £15,900 per annum, bringing the total annual income from the commercial units to £19,500.
There is potential to convert the commercial units into residential units, subject to planning permission, which could significantly increase the total rental income. The property is available for sale either as a company or an asset, providing flexibility for the investor.
The property includes eight studio units generating a gross monthly income of £7,340 and a net monthly income of £6,550, which amounts to an annual net income of £78,600. Additionally, there are two ground-floor commercial units, with one rented at £3,600 per annum and the other at £15,900 per annum, bringing the total annual income from the commercial units to £19,500.
There is potential to convert the commercial units into residential units, subject to planning permission, which could significantly increase the total rental income. The property is available for sale either as a company or an asset, providing flexibility for the investor.
Floor plans and tours
Floor plans (2)
More information
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