For Sale2 Bedroom Commercial Property in Rookery Road, Birmingham, B21£210,000
Property Type
Commercial Property
Bedrooms
× 2
Offer In Excess Of
£210,000
Key Features
- Sought after location
- Commercial / residential mix
- Selling chain free
Resources
Description
I am delighted to present to the market this mixed used commercial space and resifential flat above, currently listed for sale. This property boasts a unique mix of commercial and residential use, making it an ideal investment opportunity.
The flat is in good condition, having been recently renovated to a high standard. The open-plan design of the living area enhances the sense of space and allows a wealth of natural light to fill the room. This flat offers one spacious double bedroom that benefits from abundant natural light, providing a serene environment for rest and relaxation.
The property includes a well-appointed open-plan kitchen, flooded with natural light and offering ample dining space to enjoy meals. The kitchen has been designed with the modern homeowner in mind, with a sleek finish that complements the overall aesthetic of the flat.
In addition to the residential aspect, the property commercial space has a kitchen area and sitting area. It is an open-plan area that seamlessly integrates with the rest of the space. The commercial space, currently operates as a restaurant, adding a unique and profitable dimension to this property.
The apartment is generating an income of £650 per month
The commercial space generates an income of £850 per month
Over 7% yield!!
Another striking feature of this property is its location. Situated in an urban area with a strong local community, this property is surrounded by green spaces, providing a peaceful retreat from city life. It is also conveniently close to public transport links, nearby schools, and local amenities, making it an ideal choice for those seeking convenience and a vibrant community spirit.
Selling chain-free and freehold, this property is a fantastic investment opportunity not to be missed.
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.