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1176-1178 Coventry Rd 3,148 sq ft Retail Property Birmingham B25 8DA £500,000 (£158.83/sq ft) 6.70% Net Initial Yield

INVESTMENT HIGHLIGHTS
- Prime Location
- Excellent Transport Links
- Heavy Footfall
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,148 sq ft
Costar Property Class
C
Year Built
1961
Price
£500,000
Price per sq ft
£158.83
Yield
6.70%
NOI
£33,500
Tenancy
Single
Number of Floors
2
Plot ratio
0.90
Total Plot Size
0.08 ac
Frontage
22 ft on Coventry Road
AMENITIES
- Bus Route
- Security System
- Signage
- Roller Shutters
- Storage Space
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NEARBY MAJOR RETAILERS
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1176-1178 Coventry Rd
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