A rare opportunity to acquire a commercial property with development opportunity, set in the heart of Selly Oak. Selly Oak is a prime student area with a vast amount of footfall making this an ideal purchase for an investor. The property benefits from a spacious ground floor commercial unit with A3 usage, previously used as a hot food takeaway. The commercial unit is capable of generating GBP24,000 GBP30,500 per annum. The second floor offers a one bedroom mezzanine apartment which is currently let until July 2022 and is currently achieving GBP732 per month. For further information on this fantastic investment opportunity please contact Tom or Laura.
Please be advised that the seller appointed an Architect to carry out the drawings for a proposed future planning permission. Please note that Planning Permission has not been granted and the plans are for information purposes only. Call Oakmans today to arrange your viewing!
|Property Type||%||Avg. current value||Avg. # beds||Avg. # bathrooms|
|End terrace house||5.6%||£241,550||2.4||1|
|Property Type||1 Bed||2 Beds||3 Beds||4 Beds||5 Beds|
|Houses||£81,650 (3)||£211,798 (25)||£253,582 (77)||£365,273 (11)||£461,667 (3)|
|Flats||£115,582 (11)||£220,500 (16)||£125,000 (1)||£290,000 (1)||-|
|All||£108,311 (14)||£215,194 (41)||£251,933 (78)||£359,000 (12)||£461,667 (3)|