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2 bed property, in Coombs Road, £230,000
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2 bed property

Coombs Road, Halesowen B62
Planning
£230,000
-8.0%

Price History

Initial price £250,000
Jan 30, 2026 £240,000
Apr 2, 2026 £230,000
Price Change -8.0%

Our Summary

  • potential for 6
  • - POTENTIAL FOR 6
  • ** investment opportunity ** currently let to long term tenants ** due for rent review **Oakmans offer a fantastic investment opportunity consisting of a shop on the ground floor currently used as a pharmacy and a two bedroom flat on the first floor, both of which are being let to long term tenants
  • Property type: Semi-Detached multi-use propertyTenure: FreeholdCouncil Tax Band: AEPC Rating: GConstruction Type: Standard constructionParking Arrangements: On street parkingBroadband: Fibre (FTTP)Mobile Signal Coverage: No known issuesWater Supply: MainsSewerage: MainsElectric: MainsHeating Supply: GasBuilding Safety Issues: NoSpecial Conditions: NoneFlood Risk or Previous Flooding: NoMine Shafts/Coal Fields/Erosion: NoRestrictions: NoRights and Easements: NoPlanning Permissions: NoLocal Developments: NoAccessibility Adaptations: NoCall Oakmans today

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Description

Oakmans presents a lucrative investment opportunity, featuring a ground-floor shop currently operating as a pharmacy and a two-bedroom flat above, both currently rented to long-term tenants. The tenancies are up for renewal in Q3 2025, with potential rents of £800 per month for the commercial unit and £675 per month for the residential flat, generating a combined annual income of £17,700. The property comprises a shop floor, office, WC, storage room, and stairs down to a storage room/basement, as well as a hallway, lounge, kitchen, two double bedrooms, family bathroom, and separate shower room with storage rooms/cupboards.

The property also features a good-sized lawn and patioed garden, with on-street parking and fibre-optic broadband connectivity. With no known building safety issues, flood risk, or previous flooding, this property offers a stable investment opportunity with potential for increased income through rent reviews.