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1 bedroom property for sale
Lodge Road, Hockley, Birmingham, B18
£499,999
Our Summary
- The OPA are pleased to present this freehold multi-unit mixed use investment opportunity, with a rental income £2860 pcm / £34,320 p
- This substantial property comprising of two shops with residential accommodation above and to the rear, plus a sizeable storage unit accessed via the rear, which may be suitable for a variety of uses, commercial and residential STP
- • Mortgage buyers and cash buyers compete on equal terms
Description
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Here is a summarized version of the property description in a single paragraph:
This freehold property in Birmingham offers a mixed-use investment opportunity, generating a net rental income of £34,320 per annum. The property comprises two shops, a detached storage unit, and four flats above, with separate meters for the upper-floor flats. The shops are currently trading as a take-away and a letting agent, while the flats are tenanted. The property is conveniently located near Soho Road, the Jewellery Quarter, and Birmingham City Centre, with easy access to public transport. With Birmingham experiencing significant economic and cultural growth, this property presents an attractive investment opportunity, with rental income and potential for capital growth.