B92 7RN
Olton Wharf, Richmond Road, Solihull, B92
Investment opportunity of 8 apartments Fully converted apartment scheme of 9 individual apartments (1 previously sold) Rental income currently £70,000 (All Fully Let) 8% yield Total value of the properties £1,million (based £/sqf on sales value of £110,000 for no 4, which was sold last year) Freehold opportunity with residents and visitor parking Building warranty till 2030 Commercial unit changed to residential 8 years ago by Rajkowski renowned developer and architect, Benefits include the upgrade of all external walls and roofs, incorporating high-specification internal insulation and double glazing The freeholder is a limited company. The company being transferred on sale offering ongoing tax savings and no stamp duty on the purchase Olton Station less than a 5-minute walk