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Our Summary
- Investment Opportunity - Fully let and income-producing from day one
- Potential for rental growth and asset management opportunities over time
- Freehold Investment Opportunity – £35,150 per annum income A rare opportunity to acquire two substantial duplex apartments together with the freehold of a landmark Grade II listed building in central Sutton Coldfield
- Ideally positioned within walking distance of the town centre and train station, offering strong tenant demand and long-term investment potential
- 1,235 sq ft) Let on AST at £1,300 pcm (£15,600 per annum) •Freehold Interest Producing ground rent income of £2,750 per annum (subject to confirmation) Total Income: £35,150 per annum The properties are fully let and income-producing, offering an immediate return with scope for future rental growth
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Description
The property consists of two substantial duplex apartments and the freehold of a Grade II listed building, The Old Art School, in central Sutton Coldfield. Each apartment is approximately 1,065 sq ft (Apartment 8) and 1,235 sq ft (Apartment 11), with both boasting two double bedrooms, an open-plan living area, and a modern kitchen. The property is located on Lichfield Road, within walking distance of the town centre, train station, and various amenities, including shops, cafés, and the expansive Sutton Park.
The Old Art School building retains its original character and period features, offering a blend of character and modern living.