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No longer on the market

This property is no longer on the market

Property

Property
Added > 14 days

Features and description

  • Investment Property
  • Rear Garden
  • Parking Space
  • View and find out more on Advanced.co.uk

For Sale - If you head over to our website. You can download and view the Advanced Property Pack, book a viewing, make an offer directly through our website. All offers go direct to the sellers.

A Freehold Mixed use investment property consisting of (Two Commercial Retail Units) and (Two 1 Bedroom Flats with separate access) the property is completely occupied and the breakdown is as followed.

The property is located in a prime position of Halesowen, having parking available at the front with thriving business's close by, the property further benefits from a large rear garden which could potentially be suitable for further out buildings (subject to planning).

65 Colley Lane - £758.33pcm - 8 Year FRI Lease starting from 08 Sep 2017 - Commercial

67 Colley Lane - £500.00pcm - 11 Year FRI Lease starting from 05 Dec 2017 - Commercial

65a Colley Lane - £425.00pcm - Rolling AST - potential rent increase available. - Residential

65a Colley Lane - £425.00pcm - Rolling AST - potential rent increase available. - Residential

Current Income Per Annum: £25,299.96

Please be aware that all the residential properties are subject to rent increases as the flats are all on Rolling AST agreements. All residential properties have separate access leading into each apartment via the rear of the building.

We have estimated that the potential rental income after rent increases would be £28,299.96.

Council Tax Band: 65 Colley Lane- A

67 Colley Lane-B

EPC Rating: 65 Colley Lane- C

67 Colley Lane- D

VIEWING DAYS & TIME:

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Area statistics

Crime score
Low crime
3/10

About this agent

Advanced- Birmingham
Advanced- Birmingham
61 Charlotte Street, St Paul's Square Birmingham, West Midlands B3 1PX
020 8115 3479
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Welcome to Advanced.co.uk, the home of transparency. We have transformed property transactions with clarity and trust, ensuring every property sold, gets exchanged. This unique approach places control in the hands of buyers and sellers, streamlining the process to avoid the common 30% fall-through rate in the UK's property market. Our upfront conveyancing and 24/7 updates give you the director's seat in your property journey, reducing stress and saving time and money. Experience the new standard in property buying and selling with Advanced.co.uk, where transparency leads to confidence, your needs are anticipated and your expectations are exceeded.  Be part of the transparent revolution at Advanced.co.uk.
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