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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

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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.

ATTACHMENTS

Brochure

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

NEARBY MAJOR RETAILERS

Costcutter
Bestway Cash & Carry Ltd
Lidl
Tesco Extra
Anytime Fitness
Costa Coffee
Lloyds Bank
ASDA
Iceland
Co-op
  • Listing ID: 35256853

  • Date on Market: 25/03/2025

  • Last Updated:

  • Address: 1176-1178 Coventry Rd, Birmingham B25 8DA

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