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Harrow Road Selly Oak, Birmingham
£2,200,000

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DEVELOPMENT OPPORTUNITY TO CONVERT FOUR SIX BEDROOM DEWELLINGS IN TO EIGTH FIVE BEDROOM DEWELLINGS
Four consecutive terraced houses with planning permission to convert into eight houses
Currently tenanted UNTIL JUNE 2022
BEING SOLD AS A GOING CONCERN FOR FUTURE DEVELOPMENT
CURRENT INCOME APPROX. £98,000 PER ANNUM
Plans and planning consent available for viewing
Viewings available
CALL AMBER COURT LETTINGS FOR MORE INFORMATION

***DEVELOPMENT OPPORTUNITY*** Four terraced houses each currently rented out as six bedroom student lets, with full planning permission to be converted into eight five bedroom houses.

Each property has plans to be divided into two self-contained units, each sleeping five tenants which will create 40 double bedrooms in total.

All four properties are let until June 2022 with a total income of over £98,000 Per Annum. The future development, once completed, has the potential to generate an income in excess of £225,000 Per Annum.

FULL PLANS ARE AVAILABLE TO BE VIEWED AND A SITE VISIT CAN BE ARRANGED VIA AMBER COURT LETTINGS

Harrow Road Selly Oak
Birmingham B29 7DW

County: West Midlands

Sale Type: Sold STC

Ref #: 00001291