Tenure: Freehold
NEWTON FALLOWELL welcomes this stunning detached property on Canterbury Road, Birmingham! This property is a real gem, boasting a 20-bedroom block of apartments that is currently achieving an impressive £106,560 in rent per annum.
Comprising of 8 self-contained flats, this property offers both space and potential. The rear yard comes with planning permission for an additional 6 x 2 bedroom self-contained flats, providing an excellent opportunity for expansion and increased rental income. Additionally, the 11 car parking spaces ensure convenience for both residents and visitors.
Each flat is currently under an Assured Shorthold Tenancy, offering stability and peace of mind for any potential buyer or investor. Whether you are looking to expand your property portfolio or searching for a lucrative investment opportunity, this property on Canterbury Road is definitely worth considering.
Don't miss out on the chance to own this fantastic property with great rental income potential and room for further development. Contact us today to arrange a viewing and secure your future in the thriving city of Birmingham!
Addition photos, floor plan and virtual tour to follow.
Auction fees apply, ask agent for details
Draft Details - PLEASE NOTE THESE ARE DRAFT DETAILS AWAITING THE VENDORS APPROVAL AND CANNOT BE RELIED ON TO BE WHOLLY ACCURATE
Disclaimer - These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property