Black Country Homes are delighted to offer this fantastic opportunity to acquire a mixed-use freehold property in a prime location on Tividale Road, Tividale. This investment consists of a spacious ground-floor shop and a two-bedroom flat above, both currently let with strong rental income. Ground Floor ; Retail Unit Size: 63ft x 15ft Includes: Cold room Lease: 15-year lease currently in place Rent: £850 per month Rent Review: Due next year, offering potential for an increase First Floor ; Residential Flat Layout: Two-bedroom flat with an open-plan lounge/kitchen and a bathroom with shower Room Sizes: Bedroom 1: 10.8ft x 12.1ft Bedroom 2: 13.3ft x 6.9ft Lounge/Kitchen: 13.1ft x 10.2ft Tenancy: New AST starting April 2025 at £700 per month (6-month contract) This property offers an excellent investment opportunity with immediate rental income and scope for future growth. Contact us today to arrange a viewing!
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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