Summary - 168 LICHFIELD ROAD BROWNHILLS WALSALL WS8 6JB
2 bed 1 bath Mixed Use
**Standout Features:**
- Mixed-use freehold property with residential and commercial elements
- Current income of £57,360 per annum with potential increase to £64,560
- Two self-contained residential flats generating £14,400 p.a.
- Established motor trade businesses with rent-producing potential of £24,000 p.a.
- Retrospective planning permission submitted to formalize residential use above the garage
- Exceptional location with fast broadband and excellent mobile coverage
**Property Summary:**
This prime mixed-use property in WS8 presents an exceptional investment opportunity with a current annual income of £57,360, which can potentially rise to £64,560 when fully let. Featuring two spacious self-contained flats and well-established motor trade businesses, this property caters to investors seeking a diverse income stream with significant growth potential. Attractive dual-income streams from two one-bedroom residential units and various commercial uses ensure consistent returns.
Set on a large plot on Lichfield Road, just outside Brownhills town center, this property is well-positioned for both residential and business needs. The included garage space, which currently houses profitable trade operations, presents additional avenues for income or redevelopment – subject to planning. With the recent submission for retrospective planning for the residential use above the garage, buyers can explore options that enhance value and appeal further.
While situated in an area marked by economic challenges, the property boasts excellent transport links and connectivity, enhancing its attractiveness for tenants. The combination of current income, growth potential, and solid planning prospects makes this a compelling proposition for both seasoned investors and those looking to expand their portfolio. Don’t miss out on this unique opportunity, as properties with this level of income potential and flexibility seldom last long on the market.
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