Apartments & commercial unit with a basement
Own use / Long term / short term let
This is freehold whole building for sale £550K
We now have this freehold building for sale in Birmingham. The entire property includes an underground commercial unit with a basement and 3 apartments upstairs, priced at 550,000 pounds (sold with a lease or own use). The entire building was completely renovated in February 2020. The entire building was also valued at around £550,000. The conservative valuation of each apartment is about £120,000 x 3 units = £360,000, and the valuation of the ground floor business unit is £300,000. The price is cheaper than in the same district (other seller is selling 1-bed for £163K to £176K, we can send you the information ). If the new buyer sells all the units in full, the total price of the entire building is about £660K. Strategic location next to the famous shops, banks, supermarkets, hotels, schools, bars and restaurants etc.
Bromsgrove is a town in Worcestershire, England about 16 miles (26 km) north-east of Worcester and 13 miles (21 km) south-west of Birmingham city centre. It had a population of 29,237 in 2001 (39,644 in the wider Bromsgrove/Catshill urban area). Bromsgrove is the main town in the larger Bromsgrove District. For more details, please visit https://en.wikipedia.org/wiki/Bromsgrove
Please feel free to get in touch if you have any quetions