Offers in region of
£250,000
2 bed property for saleCoombs Road, Halesowen B62
2 beds
1 bath
1 reception
- Freehold
Oakmans Estate Agents
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About this property
- commercial and residential split property
- good location
- long term tenants
- potential for 6.5% return
- call oakmans today
** investment opportunity ** currently let to long term tenants ** due for rent review **
Oakmans offer a fantastic investment opportunity consisting of a shop on the ground floor currently used as a pharmacy and a two bedroom flat on the first floor, both of which are being let to long term tenants.
Both tenancies are up for renewal in Q3 2025 and the potential rents suggested as follows:
Commercial unit: £800pcm
Residential flat above: £675
Combined annual income: £17,700
Commercial shop briefly comprises shop floor, office room, WC, behind counter shop floor and stairs down to Storage room/ basement.
Flat above briefly comprises hallway, lounge, breakfast kitchen, two double bedrooms, family bathroom and separate shower room with multiple storage rooms/ cupboards.
To the rear there is a good sized lawn and patioed garden.
Property type: Semi-Detached multi-use property
Tenure: Freehold
Council Tax Band: A
EPC Rating: Tbc
Construction Type: Standard construction
Parking Arrangements: On street parking
Broadband: Fibre (FTTP)
Mobile Signal Coverage: No known issues
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: No
Accessibility Adaptations: No
Call Oakmans today!
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