COOMBS ROAD, HALESOWEN, B62 8AF

Offers Over

£230,000

For Sale (On Market) | 2 beds | 1 bath | 1 reception

At a glance

  • - COMMERCIAL AND RESIDENTIAL SPLIT PROPERTY
  • - GOOD LOCATION
  • - LONG TERM TENANTS
  • - POTENTIAL FOR 6.5% RETURN
  • - CALL OAKMANS TODAY

Description

** 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: C 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!

Location

Map of COOMBS ROAD, HALESOWEN, B62 8AF

Approximate location. Map data © Google.

Get in touch

Contact the team, or make an offer to start the process.

0121 246 4010 Make an offer
Marketed by Oakmans Estate Agents

The information displayed about this property comprises a property advertisement, provided and maintained by Oakmans Estate Agents, and does not constitute property particulars or any part of an offer or contract. Neither Oakmans Estate Agents nor the operator of this website makes any warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and the operator of this website has no control over its content. All descriptions, measurements, distances and other details are given in good faith and believed to be correct, but prospective purchasers or tenants must not rely on them as statements of fact and should satisfy themselves by inspection or otherwise. Oakmans Estate Agents has not tested any services, equipment or appliances and gives no warranty as to their condition. Photographs may have been taken at an earlier date and may not reflect the current condition of the property. Please contact Oakmans Estate Agents directly with any questions about this listing.

Price

£230,000

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