*** A rare investment opportunity to purchase 9 x properties ***
available on the open market!
Dixons are excited to offer a terrific opportunity to purchase A fantastic investment located on wharf road, kings norton. This generous plot offers multiple lots which comprises of 4 x houses, 2 x ground floor & 2 x first floor two bedroomed apartments as well as a 1 x three bedroomed duplex apartment.
The entire complex is currently rented out to a company, which delivers an annual income of £105,000. There is an agreement of a 4% yearly increase in rent, with the Freehold also being included in this exciting investment opportunity.
The two end terraced and two mid terraced houses were built with plenty of space in mind to accommodate mobility restricted individuals, in turn being wheelchair friendly. All four houses benefit from gas central heating & double glazing and are offered with parking spaces and their own gardens.
The four flats offer fantastic open plan living and all come equipped with two double bedrooms. The flats offer ample space with plenty of storage. They are all double glazed throughout with gas central heating.
Viewings on this development are high recommended to truly understand the huge potential for this investment.
|Property Type||%||Avg. current value||Avg. # beds||Avg. # bathrooms|
|End terrace house||11.3%||£267,584||3.1||1|
|Property Type||1 Bed||2 Beds||3 Beds||4 Beds||5 Beds|
|Houses||£55,000 (1)||£204,843 (21)||£279,012 (54)||£387,368 (19)||£342,500 (6)|
|Flats||£88,564 (7)||£148,952 (24)||£144,375 (4)||-||-|
|All||£84,369 (8)||£175,034 (45)||£269,727 (58)||£387,368 (19)||£342,500 (6)|