£950,000

Property for sale

  1. Property photo 1 of 1.

£950,000

(£117.56/sq. ft)

Property for sale

Flats 972 To 992, Walsall Road, Scott Arms Shopping Centre, Great Barr, Birmingham B42

8,081 sq. ft

Local area information

Property location

Nearby amenities

  • Holy Name Catholic Primary School 0.2 miles
  • Ferndale Primary School 0.4 miles
  • Hamstead (Birmingham) 1 mile
  • Tame Bridge Parkway 1.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Investment

Highly reversionary long leasehold residential investment capable of being upgraded

2 self-contained 3-bedroom flats 86m2 (936ftÂ2)

9 flats of 54.99mÂ2 (592ftÂ2) to 72mÂ2 (786ftÂ2)

Larger than average size

Current gross income £74,000 per annum

erv £95,700 per annum

Offers invited at £950,000 to show an initial yield of 7.78% and a reversionary yield of 10.07% before costs

More information

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  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Birmingham
  5. Great Barr
  6. Walsall Road
  7. Scott Arms Shopping Centre