3 bed property

The property is a mid-terrace house with vacant possession, situated on Bearwood Road in a residential area within Birmingham. It comprises a ground-floor takeaway premises, with a 10-year lease generating £10,000 per annum, and two self-contained residential units on the upper floors. The residential flat generates £16,800 per annum, while the studio accommodation brings in £1,400 pcm, making the combined rental income £26,800 per annum and a gross rental yield of 11.7%. The property has freehold tenure, no VAT payable, a separate outdoor garage/storage space, and can be purchased with tenants in situ.