Lily Street, West Bromwich
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Mixed Commercial Tax Advantage Investment Opportunity
- West Bromwich Highly Rentable Area
- DUAL-INCOME PROPERTY | 7-8% YIELD | INCOME FROM DAY ONE
- Proven income (upstairs tenant already paying)
- Separate utilities (independent metering)
- Tax Efficient — Commercial purchase saves significant stamp duty
- 2 Units Mixed 2 Bed Flat and One Commercial Unit
Description
Lily Street is a working dual-income property generating £19,200-£20,000/annual.
Upstairs 2-bedroom residential flat is currently tenanted at £900/month (proven, active income). Downstairs commercial space offers flexible options: let as commercial (£700/month) or convert to 1-bed residential flat (£700-750/month). Combined income of £1,600-1,800 monthly delivers impressive 7-8% yield. Commercial Property Stamp duty advantage .
Perfect for buy-to-let investors, portfolio builders, and those seeking lower-risk dual-income properties.
Roof type: Slate tiles.
Mobile signal/coverage: Good.
Flooded in the last 5 years: No.
Source of flooding: Others.
Does the property have flood defences?
No.
Building Safety: None of the above.
Construction materials used: Brick and block.
Water source: Mains.
Electricity source: Mains.
Sewerage arrangements: Mains.
Heating Supply: Central heating (gas).
Broadband internet type: Others.
Does the property have required access (easements, servitudes, or wayleaves)?
No.
Do any public rights of way affect your your property or its grounds?
No.
Parking Availability: No.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Lily Street, West Bromwich
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Visit our security centre to find out moreDisclaimer - Property reference SMW15. 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 My World Estates, West Bromwich. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.