Lichfield Road,Sutton Coldfield,B74 2XA

Property Details: • Type: Semi-Detached • Tenure: FREEHOLD • Floor Area: 2252 sqft

Key Features: • PLEASE QUOTE REF: JT1146 WHEN ENQUIRING. • Block of three self-contained residential flats • Approx. 2,252 sq ft total internal accommodation • Current income £30,960 per annum • Reversionary rental potential circa £39,600 per annum • Prime Four Oaks / Sutton Coldfield location • Certificate of Lawfulness application to be submitted • Rare multi-unit residential investment opportunity • Prominent position on Lichfield Road offering potential alternative uses (STPP)

Location: • Nearest Station: Four Oaks Station • Distance to Station: 0.15124423054172018 miles

Agent Information: • Address: 114 St. Martin's Lane London WC2N 4BE

Full Description: <p><strong>PLEASE QUOTE REF: JT1146 WHEN ENQUIRING.</strong></p><p>Block of 3 Flats | 2,252 sq ft | Income Producing Investment | Four Oaks B74</p><p>An increasingly rare opportunity to acquire a block of three self-contained residential flats located on the highly regarded Lichfield Road in Four Oaks, Sutton Coldfield. Extending to approximately 2,252 sq ft in total, the property represents a substantial residential asset in one of the most desirable areas of Sutton Coldfield.<br /><br />The building comprises three well-proportioned flats currently producing a combined rental income of £30,960 per annum, offering immediate income alongside clear potential for rental growth. Similar two-bedroom flats within the area are achieving in the region of £1,100 per calendar month, creating the potential for a future income approaching £39,600 per annum once rents are optimised.</p><p>The property has been arranged as three separate flats for a considerable period of time and a fresh Certificate of Lawfulness application is expected to be submitted confirming the long-standing use. This proactive approach further strengthens the investment position and provides additional reassurance for prospective purchasers.</p><p>Extending to approximately 2,252 sq ft of internal accommodation, the building may also present a range of asset management, redevelopment or alternative use opportunities, including potential residential reconfiguration or commercial use, subject to obtaining the necessary planning consents.</p><p>Blocks of flats within the Four Oaks area rarely become available, making this a unique opportunity for investors seeking a prime residential asset in a highly desirable location.</p><p>The property is situated in a well-connected position on Lichfield Road, providing convenient access to Sutton Coldfield town centre, local amenities, highly regarded schools and transport links into Birmingham and the wider West Midlands.</p><p><strong>Accommodation</strong></p><p><strong>Flat A - Ground Floor</strong><br />Two-bedroom flat comprising living room, dining room, kitchen and bathroom accommodation.<br />Approx. 798 sq ft.<br />EPC: D<br />Council Tax Band: B</p><p><strong>Flat B - First Floor</strong><br />Two-bedroom flat comprising living room, eat-in kitchen, bathroom and hallway accommodation.<br />Approx. 752 sq ft.<br />EPC: C<br />Council Tax Band: B</p><p><strong>Flat C - Second Floor</strong><br />Two-bedroom flat comprising kitchen and bathroom<br />Approx. 702 sq ft<br />EPC: C<br />Council Tax Band: B</p><p>Total internal accommodation: approximately 2,252 sq ft.</p><p><strong>Investment Summary</strong></p><p>Current Rental Income: £30,960 per annum<br />Potential Rental Income: circa £39,600 per annum (subject to market conditions)</p><p>The property offers an attractive income-producing opportunity in an affluent and sought-after residential location with potential for further rental optimisation and long-term capital growth.<br /><br />Due to its size, layout and prominent position on Lichfield Road, the property may also present a variety of alternative or mixed-use opportunities, including professional offices, healthcare uses or other commercial uses, subject to obtaining the necessary planning consents.<br /><br />For further information or to arrange a viewing, please quote reference JT1146 when making your enquiry.</p>