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Redhill Road, Northfield B31 3LA

Guide Price
£270,000

Business rates & charges may apply

Westbridge Commercial Limited, Stratford Upon Avon
SIZE

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SECTOR

Commercial property for sale

Key features

  • Freehold Investment
  • Three one bedroom flats in one block
  • Let on AST's
  • Income Producing £21,600 pa
  • Gross Yield of 8%
  • Scope for Refurbishment & Rental Uplift
  • Close to Shops and Amenities
  • £270,000 Freehold

Description

FOR SALE - INCOME PRODUCING INVESTMENT - GROSS YIELD BEFORE COSTS OF 8% - A corner building converted into three one bedroom flats giving a gross annual income of £21,600. The building would benefit from refurbishment. Viewings arranged via the agent’s office. Tenancies are not affected.

A Victorian building occupying a corner position which has been converted into three one bedroom flats each let on assumed shorthold tenancies as follows:

Ground Floor - £725 pcm
Flat 1 (left top of stairs) - £550 pcm
Flat 2 (right top of stairs) - £525 pcm
Total Monthly rent £1,800 pcm
Total annual rent £21,600 per annum

The building would benefit from internal refurbishment works which could enhance rental values. Copy tenancy agreements are available from the agent’s office upon request. No internal photos were available at the time of inspection, viewings booked via the agents office.

A Victorian building occupying a corner position which has been converted into three one bedroom flats each let on assumed shorthold tenancies as follows:

Ground Floor - £600 pcm
Flat 1 (left top of stairs) - £550 pcm
Flat 2 (right top of stairs) - £525 pcm
Total Monthly rent £1,675 pcm
Total annual rent £20,100 per annum

The building would benefit from internal refurbishment works which could enhance rental values. Copy tenancy agreements are available from the agent’s office upon request. No internal photos were available at the time of inspection, viewings booked via the agents office.



A Victorian building occupying a corner position which has been converted into three one bedroom flats each let on assumed shorthold tenancies as follows:

Ground Floor - £600 pcm
Flat 1 (left top of stairs) - £550 pcm
Flat 2 (right top of stairs) - £525 pcm
Total Monthly rent £1,675 pcm
Total annual rent £20,100 per annum

The building would benefit from internal refurbishment works which could enhance rental values. Copy tenancy agreements are available from the agent’s office upon request. No internal photos were available at the time of inspection, viewings booked via the agents office.

Brochures

Redhill Road, Northfield B31 3LA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Northfield Station0.7 miles
  • Longbridge Station0.9 miles
  • Kings Norton Station1.5 miles

About Westbridge Commercial Limited, Stratford Upon Avon

1st Floor Offices 3 Trinity Street Stratford upon Avon WARKS CV37 6BL

Westbridge Commercial Limited, Stratford Upon Avon

Westbridge & Co are a modern proactive Commercial Property Agents based in Stratford upon Avon, covering all aspects of a commercial property agency and consultancy. With our modern online approach to commercial property advertising we are able to offer clients our services over a vast geographical area and specialise in: selling, acquiring and letting Industrial, Warehouse and Office units in: Stratford upon Avon, Alcester, Evesham, Pershore, Redditch, Bromsgrove & South Birmingham.

We

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Notes

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Disclaimer - Property reference 32125509. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Westbridge Commercial Limited, Stratford Upon Avon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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