Summary - FLAT 1, 165 PRINCESS PARADE, HIGH STREET B70 7QX
4 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use building combining residential and commercial spaces.
- Fully occupied, offering immediate rental income.
- Freehold title with a prime location on High Street, West Bromwich.
- Structured for high yield potential—currently at 12%.
- Characterful brick exterior with large windows for visibility.
**Concerns:**
- Small overall size (377 sq ft); may limit expansion options or usage.
- Existing Right of Way and easement on the title could affect property access or usage.
- High crime area; potential impact on tenant satisfaction.
**Summary:**
This mixed-use building presents a unique investment opportunity situated in the bustling High Street of West Bromwich. Currently fully occupied, it offers both residential living and commercial potential, making it an attractive choice for investors looking to secure immediate rental income with a notable yield of 12%. The sturdy brick structure stands out in the urban environment with ample natural light from its large windows.
While the property is fully functional and operational, prospective buyers should be aware of its compact size, which may slightly limit extensibility or modification. Additionally, the presence of an existing Right of Way and easement should be reviewed for any implications on ownership or tenant use. The location, while desirable for commercial activity, is in an area with high crime rates, which could be a consideration for residential tenants.
Don't miss this chance to secure a freehold investment in a high-demand location—call now to arrange a viewing and seize this opportunity before it’s gone!
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