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4 bed detached house
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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 is a landmark Grade II listed building in central Sutton Coldfield, comprising two substantial duplex apartments and the freehold interest. The building is situated on Lichfield Road, within walking distance of the town centre, train station, and a range of amenities including shops, cafes, and parks such as Mere Green and Sutton Park. The two apartments, Apartment 8 and Apartment 11, are fully let on ASTs and produce a combined income of £35,150 per annum.
Apartment 8 is a 2-bedroom duplex with approximately 1,065 sq ft of living space, and Apartment 11 is also a 2-bedroom duplex with approximately 1,235 sq ft. Both apartments are finished to a high standard, with modern kitchens and bathrooms, and feature period character and high ceilings. The property also benefits from ground rent income of £2,750 per annum.