We are moving to 19 High Street, West Bromwich B70 6PJ from 19th January 2025

Mixed Commercial West Bromwich , Dual-Use Property | Proven 2-Bed Residential Tenant | Commercial + Residential Income Potential | Flexible Investment Pathways

Asking Price £250,000

 Lily Street, West Bromwich

 Lily Street, West Bromwich
Asking Price £250,000

Property description

Investment Summary

Lily Street is a working dual-income property generating £19,200-£20,000/annual.

Upstairs 2-bedroom residential flat is currently tenanted at £900/month (proven, active income). Downstairs commercial space offers flexible options: let as commercial (£700/month) or convert to 1-bed residential flat (£700-750/month). Combined income of £1,600-1,800 monthly delivers impressive 7-8% yield. Commercial Property Stamp duty advantage .

Perfect for buy-to-let investors, portfolio builders, and those seeking lower-risk dual-income properties.

Tenure  : Freehold

Council Tax Band  :  A

  • Construction materials used: Brick and block
  • Water sources: Mains
  • Sewerage arrangements: Mains
  • Heating Supply: Central heating (gas)
  • Broadband internet type: ADSL copper wire
  • Mobile signal/coverage: Good
  • Building Safety: None of the above
  • Flooded in the last 5 years: No
  • Does the property have required access (easements, servitudes, or wayleaves)?: No
  • Do any public rights of way affect your your property or its grounds?: No
  • Parking Availability: No

Extra Features

  • Mixed Commercial Tax Advantage Investment Opportunity
  • West Bromwich Highly Rentable Area
  • DUAL-INCOME PROPERTY | 7-8% YIELD | INCOME FROM DAY ONE
  • Proven income (upstairs tenant already paying)
  • Separate utilities (independent metering)
  • Tax Efficient — Commercial purchase saves significant stamp duty
  • 2 Units Mixed 2 Bed Flat and One Commercial Unit

Location

Property Information

  • Reference number mywoes_1677118426
  • Property Type Terraced
  • Furnishing Unfurnished
  • Tenure Freehold
  • Current Occupant External Tenant

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