Lily Street, West Bromwich
About this home
Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: N/A
Key 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: • Nearest Station: Dudley Street, Guns Village Tram Stop • Distance to Station: 0.5312132543327209 miles
Agent Information: • Address: 19 High Street West Bromwich B70 6JW
Full Description: Investment Summary <p><strong>Lily Street is a working dual-income property generating £19,200-£20,000/annual.</strong></p> <p>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 .</p> <p><strong>Perfect for buy-to-let investors, portfolio builders, and those seeking lower-risk dual-income properties.</strong></p><br /><b>Roof type: Slate tiles.</b><br /><br /><b>Mobile signal/coverage: Good.</b><br /><br /><b>Flooded in the last 5 years: No.</b><br /><br /><b>Building Safety: None of the above.</b><br /><br /><b>Construction materials used: Brick and block.</b><br /><br /><b>Water source: Mains.</b><br /><br /><b>Sewerage arrangements: Mains.</b><br /><br /><b>Heating Supply: Central heating (gas).</b><br /><br /><b>Broadband internet type: ADSL copper wire.</b><br /><br /><b>Does the property have required access (easements, servitudes, or wayleaves)?<br />No.</b><br /><br /><b>Do any public rights of way affect your your property or its grounds?<br />No.</b><br /><br /><b>Parking Availability: No.</b><br />