St annes road, Cradley Heath, West Midlands, B64

Property Details: • Type: Block of Apartments • Tenure: Freehold • Floor Area: N/A

Key Features: • High Yielding Investment • Freehold Block of 6 Apartments • 10% + Yield • 6 flats

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Liverpool

Full Description: For sale by Auction 17th March 2026. Henrysykes.co.uk

An excellent opportunity to acquire a fully-let freehold block of nine self-contained residential flats, prominently positioned on the High Street in Cradley Heath, within easy reach of the train station, bus routes and local supermarkets.

Arranged over three storeys, the building comprises a mix of one- and two-bedroom units, each benefitting from separate council tax bands and individual utility meters. The property is sold with tenants in situ, providing an immediate and established income stream.

The block currently produces £46,500 per annum, with potential to increase to approximately £50,000 per annum over the next 12 months, offering an attractive gross yield in excess of 10%

All occupiers have been in residence for over five years and are considered long-standing and reliable tenants. All have own meters, all pay own council tax and all bills.

Key Features * Freehold residential block * Six self-contained flats * Mixture of one- and two-bedroom units * Arranged over three floors * Fully tenanted - sold with tenants in situ * Separate council tax bands and individual meters * Prominent High Street location * Close to train station, bus station and local amenities * Immediate income-producing investment * Attractive gross yield of approximately 10% +

Tenancy Schedule * Flat 1 - Studio - £550 pcm * Flat 2 - One Bedroom - £600 pcm * Flat 3 - One Bedroom - £650 pcm * Flat 4 - Two Bedrooms - £675 pcm * Flat 5 - One Bedroom - £700 pcm * Flat 6 - One Bedroom plus Store - £700 pcm (store offers potential for conversion to a further flat) Total income £3,875 PCM - £46,500 per annum