Prime Investment Opportunity in Kings Heath!
Welcome to a lucrative investment in the heart of Kings Heath, now available for astute investors!
Property Overview:
8-bedroom HMO Bedsits
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.
Annual NET Income: £98,100
Net Yield: 9.8%
Sale Price: £999,999
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!
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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