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4 bedroom flat for sale
High Street, WEST BROMWICH
£450,000
High Street, WEST BROMWICH
£450,000
Our Summary
- SUMMARYA UNIQUE INVESTMENT OPPORTUNITY TO PURCHASE THE FREEHOLD TITLE OF THIS MIXED USE BOTH RESIDENTIAL AND COMMERCIAL BUILDING ON THE HIGH STREET
- DESCRIPTIONA UNIQUE INVESTMENT OPPORTUNITY TO PURCHASE THE FREEHOLD TITLE OF THIS MIXED USE BOTH RESIDENTIAL AND COMMERCIAL BUILDING ON THE HIGH STREET
- Unit 1: £1200 PCMUnit 2: £800 PCMUnit 3: £1000Cashpoint: £60 PCMA Studio: £750 PCMB Studio: £750 PCMC Studio: £750 PCMD Studio: £750 PCMAuctioneer's Comments This property is offered through Modern Method of Auction
Description
This is a unique investment opportunity to purchase the freehold title of a mixed-use building on the high street, currently fully occupied and generating a rental yield of 12%. The property comprises various units, including residential and commercial spaces, with current rents ranging from £60 to £1,200 per calendar month. The vendor has confirmed the rents, which are being achieved through a combination of short-term and long-term leases. This is a great chance to acquire a lucrative investment property, with the potential for significant returns. Viewings can be arranged by calling the agent, and the property is being sold through a modern method of auction.