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£999,999

8 bed property for sale

Institute Road, Kings Heath, Birmingham B14

  • Freehold

    • 8 beds

    • 8 baths

    • 8 receptions

Key information

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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    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.