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3 bedroom end of terrace house for sale
Old Park Road, Wednesbury
£700,000
Old Park Road, Wednesbury
£700,000
Our Summary
- SUMMARY**INVESTMENT OPPORTUNITY** Located in Wednesbury
- Ideally situated close to J10 of M6 and close to local amenitiesDESCRIPTIONInvestment opportunity comprising 3 bedroom house, ground floor retail shop/office premises, 5 workshops and 15 lock up garages (all individually rented out) and rear parcel of land currently utilised for caravan storage with approximately 90 pitches, the whole encompassing around 1
- The site would also lend itself to alternative development opportunities (subject to planning permission)
- Auctioneer's Comments This property is offered through Modern Method of Auction
- INVESTMENT OPPORTUNITY
- SUITABLE FOR ALTERNATIVE DEVELOPMENT (STPP)
- Sale by Modern Auction (T&Cs apply)
Description
This is an investment opportunity located in Wednesbury, close to J10 of M6 and local amenities. The property comprises a 3-bedroom house, a ground floor retail shop/office, five workshops, and 15 lock-up garages, all of which are individually rented out. Additionally, there is a rear parcel of land used for caravan storage with approximately 90 pitches, generating a rental income of £78,000 per year. The site has potential for alternative development opportunities, subject to planning permission. The property is being sold through a modern method of auction, which requires both the buyer and seller to agree on a price.