Bristol Road, Selly Oak, Birmingham... 1 bed property for sale

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Bristol Road, Selly Oak, Birmingham... 1 bed property for sale

Bristol Road, Selly Oak, Birmingham, West Midlands, B29
£550,000

Our Summary

  • A rare opportunity to acquire a mixed use commercial/residential property with development opportunity, set in the heart of Selly Oak
  • 00 per annumPlease be advised that the seller appointed an Architect to carry out the drawings for a proposed future planning permission
  • Please note that Planning Permission has not been granted and the plans are for information purposes only

Description

This unique property in Selly Oak offers a rare combination of commercial and residential space, making it an attractive opportunity for investors. The ground floor commercial unit has A3 usage and is currently used as a hot food takeaway, while the second floor features a one-bedroom mezzanine apartment that is currently let, generating an annual rental income of £44,027. The property also has potential for development, as the seller has commissioned architectural drawings for a proposed planning permission, although this has not been granted and is for information purposes only. Located in the heart of Selly Oak, a prime student area with high footfall, this property presents a valuable investment opportunity.