Summary - 301-305, NORTHFIELD ROAD B17 0TG
1 bed 1 bath Mixed Use
**Standout Features:**
- **Mixed-Use Investment Property**: Comprises three retail units and 9 residential flats.
- **Strong Rental Income**: Combined annual income of £71,940 from residential units.
- **Prominent Location**: Situated along Northfield Road, near Harborne Golf Course and key transport links.
- **Off-Street Parking**: Includes a secure yard and car parking access.
- **Renovation Potential**: Ground floor retail space available for flexible subdivision.
- **Freehold Tenure**: Allows for long-term ownership and potential increases in value.
**Concise Summary:**
This substantial mixed-use property in the vibrant Harborne area of Birmingham presents a prime investment opportunity. It features interconnected retail units on the ground floor with modern updates, including LED lighting and gas-fired heating, complemented by off-street parking and secure yard space. Above, you will find 9 residential units generating a healthy annual income, ideal for landlords seeking steady returns.
With the potential to subdivide the retail area into smaller units or storage, there is flexibility for growth. However, it's important to note that parts of the property are leasehold with a short remaining term of 79 years; this may pose challenges when securing financing. Located just minutes from key transport routes, schools, and amenities, this property is perfect for investors or those looking to capitalize on the area's growth potential. Act swiftly—opportunities like this in a high-demand area are rare and won't last long!
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