Skip to main content

No longer on the market

This property is no longer on the market

Property

Auction
Property
Added > 14 days

Features and description

  • 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.
If you would like your property to go into our next auction then contact our auction experts on[use Contact Agent Button] or submit a valuation on our website
Visit agent website

About this agent

Under The Hammer - Birmingham
Under The Hammer - Birmingham
61 Charlotte Street, St Pauls Square Birmingham B3 1PX
020 8033 9313
Full profileProperty listings
Welcome to Under The Hammer, One of the UK's leading online auction houses, where transparency, efficiency, and quick transactions meet. Our approach offers unconditional sales with detailed legal packs for informed bidding. Dive into our monthly auctions for easy access to prime property deals. We're not just a platform; we're a community committed to making property auctions straightforward, fast, and reliable. Whether you're buying, selling, or exploring, Under The Hammer is your gateway to a seamless auction experience. Join the revolution at underthehammer.com and experience it for yourself.
... Show more

Similar properties

Discover similar properties nearby in a single step.

See more properties like this

*Disclaimer and call rate information...