Property for sale
Property description & features
- Tenure: Freehold
- Investment Property
- Duplex Flat
- View more: underthehammer.com
For Sale by under the hammer online auction. Wednesday 13th - Thursday 14th November 2024 - Head over to our website to download the legal pack, register to bid and see more information.
A freehold mixed use property located on the highly sought after Dudley Road with potential rental income £34,800 pa
The ground floor is currently let at £1400PCM (£16,800 Per Annum) with a rent review in place for October 2025. The retail shop is laid out as a main retail area, two treatments rooms, kitchen and bathroom.
The property has a separate access for the flat above which will be sold with vacant possession, the flat has an expansive lounge, kitchen, bathroom and two bedrooms. It has a potential rental income of £12,000 pa or £18,000 pa if divided in to two flats
The flat located above has the potential to be converted into multiple smaller flats, which can be a great way to maximise space and rental income. However, this kind of conversion is subject to obtaining the necessary planning permissions from the local authorities.
To the rear of the property is a gated access suitable for loading into the rear of the shop.
The upstairs sections of the property are currently in need of refurbishment and surrounded by well presented properties, having huge upward potential for someone looking to add value or create multiple residential units. (subject to planning).
Here's what to do next
- Visit - Our website and view the auction terms.
- View - Book a viewing directly through our website.
- Register - Get registered prior to the auction opening date.
- Legal Pack - Download and view the legal pack to find out all the relevant information.
- Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
- Bidding - Everything is completed online through the website and the intuitive bidding controls.
Places of interest
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Property reference 15_2995. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Under The Hammer - Birmingham.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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