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20 bedroom detached house for sale
Canterbury Road, Birmingham
£1,500,000
Canterbury Road, Birmingham
£1,500,000
Our Summary
- Comprising of 8 self-contained flats, this property offers both space and potential
- The rear yard comes with planning permission for an additional 6 x 2 bedroom self-contained flats, providing an excellent opportunity for expansion and increased rental income
- Whether you are looking to expand your property portfolio or searching for a lucrative investment opportunity, this property on Canterbury Road is definitely worth considering
- Don't miss out on the chance to own this fantastic property with great rental income potential and room for further development
- Auction fees apply, ask agent for details Draft Details - PLEASE NOTE THESE ARE DRAFT DETAILS AWAITING THE VENDORS APPROVAL AND CANNOT BE RELIED ON TO BE WHOLLY ACCURATE
Description
This stunning detached property on Canterbury Road in Birmingham boasts a 20-bedroom block of apartments that currently generates an impressive £91,260 in rent per annum. The property consists of 8 self-contained flats, with planning permission for an additional 6 x 2-bedroom flats in the rear yard, offering an excellent opportunity for expansion and increased rental income. Each flat is currently under an Assured Shorthold Tenancy, providing stability and peace of mind for potential buyers or investors. The property also features 11 car parking spaces, making it a convenient and lucrative investment opportunity. With room for further development and a thriving location in Birmingham, this property is definitely worth considering for those looking to expand their property portfolio or secure a lucrative investment.