Summary - Mill House & Trinity View House, Midland Drive, Sutton Coldfield, West Midlands, B72 1TU B72 1TU
1 bed 1 bath Commercial Property
Five high-spec two-bed flats with freehold title and strong central location appeal.
- Freehold interest included for both Mill House and Trinity View House
- Five self-contained 2-bed apartments sold with vacant possession
- Estimated rental income c. £81,000 per annum for the five units
- Mix of new-build finish and converted period building; high-spec kitchens
- 125-year leases on sold apartments; peppercorn ground rent on others
- Proportionate annual service charge in place; details in data room
- Town-centre location; 2-minute walk to Sutton Coldfield station
- Limited private outdoor space; local crime level above average
A town-centre freehold investment comprising five self-contained two-bedroom apartments across Mill House and Trinity View House, offered with vacant possession. The sale includes the freehold interest in both adjoining blocks; Mill House is a recent new-build block and Trinity View House a sympathetic conversion. Apartments are finished to a high spec with quartz worktops and integrated appliances, producing an estimated rental income of c. £81,000 pa for the five units based on achieved rents in the development.
Positioned on Midland Drive, the properties sit in the heart of Sutton Coldfield within a two-minute walk of the train station and immediate access to town-centre amenities. The site benefits from excellent mobile signal and fast broadband, and local schools include several Ofsted-rated Good and Outstanding options, supporting long-term tenant appeal to professionals and families.
Practical considerations are straightforward: the sale is for the freehold interest, five apartments and vacant possession; eight other units have been sold on long leases (125 years) at peppercorn ground rent. A proportionate annual service charge applies, payable to the existing freeholder; purchasers should review service charge details in the data room. VAT is advised as not applicable but buyers should satisfy themselves. Crime levels in the locality are above average and outdoor/private garden space is limited, reflecting the town-centre location.
This offering suits investors seeking an immediate, town-centre residential income with short management distance to the station and amenities, and potential for rent growth given the high-spec finishes and central location. Buyers should carry out standard due diligence on service charge arrangements, tenancy status of any let units, and any remaining development warranties for the new-build elements.
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