1176-1178 Coventry Rd - Storefront Retail/Residential FOR SALE


Birmingham, WMD B25 8DA
$500,000 USD
1176-1178 Coventry Rd, Birmingham, WMD for Sale
$500,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | 6.7% Cap Rate

1176-1178 Coventry Rd
Birmingham, WMD B25 8DA


HIGHLIGHTS

  • Prime Location
  • Heavy Footfall
  • Excellent Transport Links

OVERVIEW

Located on the busy Coventry Road (A45) in Birmingham, this freehold mixed-use property offers a prime investment opportunity with both commercial and residential income streams. The mid-terraced, two-story building features a self-contained ground-floor commercial unit (775 sq. ft.), two-bedroom self-contained apartments, and four first-floor letting bedrooms, generating a current rental income of £33,480 per annum with a potential of up to £40,000. Benefiting from gas-fired central heating, rear garden areas, and permanent side passageway access, the property enjoys high visibility in a thriving retail and residential area near Heybarnes Retail Park and major transport links.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,407 SF

ZONING

-

APN/PARCEL ID

WM364956

ASK ABOUT THIS PROPERTY

Oliver BeardStephens McBrideMore Info

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Oliver BeardStephens McBrideMore Info

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