**Standout Features:**
- Prime location at Scott Arms Shopping Centre, Great Barr.
- 2 self-contained 3-bedroom flats plus 9 additional flats (54.99m² each).
- Gross income of £74,000 per annum with an estimated rental value of £95,700.
- Offers invited at £950,000 with potential for smaller lot consideration.
- Excellent local amenities, including popular retail stores, and accessible transport options.
**Summary:**
Investors and families alike will be attracted to this lucrative opportunity at the Scott Arms Shopping Centre on Walsall Road. This collection of 11 spacious apartments, including two modern 3-bedroom flats, is positioned amid a vibrant shopping district, ensuring high visibility and accessibility. Currently generating a gross income of £74,000 per year, there is significant upside potential with an estimated rental value of £95,700.
Great Barr offers a blend of residential charm and urban conveniences, enriched by nearby amenities ranging from healthcare to a variety of dining options, making it an ideal location for families and young professionals. The area is also well-served by schools, all rated ‘Good’ by Ofsted, enhancing its appeal as a family-friendly locale.
Though the property does not include the surrounding car parks, the investment still holds considerable potential for growth and renovation. Prospective purchasers should note that while the flats are in modern condition, independent inspections are encouraged to assess any maintenance needs. This property is sure to attract considerable interest—schedule your viewing today to secure this exclusive investment opportunity before it's gone!
10 bedroom block of apartments for sale in Sherbourne Road, Birmingham, B27 — £1,050,000 • 10 bed • 10 bath • 2939 ft²
Mixed use property for sale in 301-305 Northfield Road and Uppers of No. 299, Birmingham, B17 0TG, B17 — £1,250,000 • 1 bed • 1 bath • 7152 ft²
11 bedroom block of apartments for sale in High Street, Cradley Heath, West Midlands, B64 — £750,000 • 11 bed • 1 bath
7 bedroom block of apartments for sale in Mixed Use Site, 774-776 Bristol Road , B29 — £1,100,000 • 7 bed • 7 bath • 3406 ft²
Land for sale in Quinton Court, Wardles Lane, Walsall, WS6 — £1,300,000 • 1 bed • 1 bath
Studio flat for sale in Lower Mill Street, Kidderminster, Worcestershire, DY11 — £2,575,000 • 1 bed • 1 bath • 345 ft²