882 Washwood Heath Road, Birmingham, B8 2NB
Offers in Excess of
£550,000
£221.15 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,487 sq ft
231 sq m
- SECTOR
Mixed use property for sale
Key features
- Mixed Use Freehold Investment Opportunity
- Retail Shop And Residential Duplex Flat
- Strong Rental Income With Growth Potential
- Fully Let Commercial Hair Salon Unit
- Spacious Seven Bedroom Duplex Apartment
- Prime Location With High Footfall
- Attractive Yield And Long Term Returns
- Separate Commercial And Residential Access
- 1087 ft2 Retail Unit
Description
Description
Mixed-use freehold investment offering an excellent opportunity for investors seeking strong and reliable income with future growth potential. The property comprises a ground floor retail unit currently operating as a hair salon, along with a spacious residential duplex flat above.
The retail unit benefits from an established tenant and generates a rental income of £1,700 per calendar month (£20,400 per annum). The upper duplex flat provides generous accommodation arranged over two floors, comprising seven bedrooms, two bathrooms, and a kitchen lounge, producing a rental income of £2,000 per calendar month.
With a total current rental income of £44,400 per annum and clear scope for future rental increases, this freehold property presents a solid, income-producing investment. Its mixed-use configuration, combined with separate commercial and residential elements, makes it a versatile and attractive addition to any property portfolio.
The property offers well-arranged mixed-use accommodation. The ground floor comprises a retail unit currently operating as a hair salon, providing a functional commercial space with street frontage. The residential element is arranged as a duplex flat over the upper floors and includes seven generously sized bedrooms, two bathrooms, and a kitchen lounge, offering ample living space suitable for multiple occupants. The layout is practical and well proportioned, allowing for efficient use of space across both the commercial and residential components.
Location
The property is prominently situated on Washwood Heath Road, Birmingham, B8 2NB, a well established and busy thoroughfare with strong local footfall. The area is predominantly mixed residential and commercial, making it ideal for both retail and residential use. It benefits from excellent transport links to Birmingham City Centre and surrounding areas, with regular bus services and convenient access to major road networks. A wide range of local amenities, shops, schools, and services are located nearby, ensuring sustained demand from both commercial tenants and residents.
Tenure
The property is freehold and is being sold with tenants in situ.
Ground floor shop is rented on a 5 year lease from October 2025 - October 2030 with a passing rent of £20,400 p.a (£1700 pcm)
The flat to the first floor is rented on a 3 year lease from 2020 for £24,000 per annum, (£2000 pcm). This is currently on a rolling basis. A rent increase is currently overdue.
Please Note: if the buyer wants the flat can be vacated by giving 3 months’ notice.
Legal Costs
Both parties are to bear their own legal and surveyor’s fees incurred during the transaction.
Energy Performance Certificate
Available upon request from the agent.
Services
We understand that the building has the benefit of all main services connected on, or adjacent to the subject property.
The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own investigations as to their suitability.
Availability
The property is available immediately upon completion of legal formalities.
Viewing
Strictly via the sole agent Siddall Jones.
Mixed-use freehold investment offering an excellent opportunity for investors seeking strong and reliable income with future growth potential. The property comprises a ground floor retail unit currently operating as a hair salon, along with a spacious residential duplex flat above.
The retail unit benefits from an established tenant and generates a rental income of £1,700 per calendar month (£20,400 per annum). The upper duplex flat provides generous accommodation arranged over two floors, comprising seven bedrooms, two bathrooms, and a kitchen lounge, producing a rental income of £2,000 per calendar month.
With a total current rental income of £44,400 per annum and clear scope for future rental increases, this freehold property presents a solid, income-producing investment. Its mixed-use configuration, combined with separate commercial and residential elements, makes it a versatile and attractive addition to any property portfolio.
The property offers well-arranged mixed-use accommodation. The ground floor comprises a retail unit currently operating as a hair salon, providing a functional commercial space with street frontage. The residential element is arranged as a duplex flat over the upper floors and includes seven generously sized bedrooms, two bathrooms, and a kitchen lounge, offering ample living space suitable for multiple occupants. The layout is practical and well proportioned, allowing for efficient use of space across both the commercial and residential components.
Location
The property is prominently situated on Washwood Heath Road, Birmingham, B8 2NB, a well established and busy thoroughfare with strong local footfall. The area is predominantly mixed residential and commercial, making it ideal for both retail and residential use. It benefits from excellent transport links to Birmingham City Centre and surrounding areas, with regular bus services and convenient access to major road networks. A wide range of local amenities, shops, schools, and services are located nearby, ensuring sustained demand from both commercial tenants and residents.
Tenure
The property is freehold and is being sold with tenants in situ.
Ground floor shop is rented on a 5 year lease from October 2025 - October 2030 with a passing rent of £20,400 p.a (£1700 pcm)
The flat to the first floor is rented on a 3 year lease from 2020 for £24,000 per annum, (£2000 pcm). This is currently on a rolling basis. A rent increase is currently overdue.
Please Note: if the buyer wants the flat can be vacated by giving 3 months’ notice.
Legal Costs
Both parties are to bear their own legal and surveyor’s fees incurred during the transaction.
Energy Performance Certificate
Available upon request from the agent.
Services
We understand that the building has the benefit of all main services connected on, or adjacent to the subject property.
The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own investigations as to their suitability.
Availability
The property is available immediately upon completion of legal formalities.
Viewing
Strictly via the sole agent Siddall Jones.
Brochures
882 Washwood Heath Road, Birmingham, B8 2NB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stechford Station0.7 miles
- Adderley Park Station1.6 miles
- Lea Hall Station1.7 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference 379048-1. 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 Siddall Jones Ltd, Birmingham. 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.