3 Bed House For Sale Station Road, Birmingham, B37

£399,000

1 of 8
  • Description
  • Street View
  • Maps
Last Updated: 13th March 2024

Description

Commercial and residential property for sale B37

This property is located in Marston green and situated on Station Road. Set aside a parade of shops such as take away restaurants, little scallywags nursery, pharmacy and Marston Green Junior School.

The mixed story comprises of;
Commercial property, used as currently used as a Restaurant/takeaway with glass front, kitchen with extraction system, grills, fryers and W.C facility.

The residential accommodation is accessed via the rear of the shop and offers;
Annex with En-suite on approach, Spacious drive, front door to hall and leading to the Kitchen and living area.

Stairs leading to the first floor and giving access to; Three spacious bedrooms, family bathroom including; bath with over shower, pedal stool hand wash basin and W.C. This property is let under a 3 year lease under AST with rental income of 12,000 per year.

The retail shop is let, however will be vacant once sold.

Total income £32,800 per year.
The owner has made us aware that the property is not elected for VAT

Sizes:
Annexe 255 Sq Ft
Ground Floor 255 Sq Ft
First Floor 332 Sq Ft
Shop 632 Sq Ft

Awaiting inside photos.

VIEWING BY APPOINTMENT ONLY!

Have a property to sell or let? Contact Emma’s Properties.
Agent Details
Emma's Properties
Rectory Lane, Castle Bromwich, Solihull, B36 9DH

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

£210,000
Birmingham, B33
End Terrace
6.4
£220,000
Birmingham, B33
Semi Detached
6.1
£155,000
Birmingham, B37
Terraced
6
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested