Property Features
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Type: Freehold shop with 2 self-contained flats above
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Shop: Currently let on a 5-year lease to a fully fitted, running salon
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Shop Rental Income: £1,200 per month(review after 3 years)
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Flat 1: Studio flat
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Flat 2: One-bedroom flat
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Condition: Flats require some renovation – sold as seen
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Combined Rental Potential: Circa £2,500 per month (shop + both flats)
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Development Potential: Scope for a small extension above the shop (subject to planning)
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Location: Ombersley Road, Birmingham B12 – off Ladypool Road
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Nearby: Ladypool Road amenities, local shops, eateries, and excellent transport links
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Asking Price: £295,000
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Ideal for: Investors seeking immediate income with added upside
📝 Full Description:
Property Overview
An outstanding freehold investment opportunity on Ombersley Road, Birmingham B12 – just off the vibrant Ladypool Road. This mixed-use property comprises a ground-floor commercial unit alongside two self-contained residential flats above, offering strong existing income and genuine potential for growth.
Commercial Unit
The ground-floor shop is currently occupied by a fully fitted, running salon on a 5-year lease, generating a reliable rental income of £1,200 per month. The salon is fully operational and well-established – a true turnkey setup for the incoming landlord, with no downtime or fit-out required.
Residential Flats
Above the shop are two self-contained flats:
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A studio flat
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A one-bedroom flat
Both flats would benefit from some renovation, and the property is being sold as seen. This presents a genuine add-value opportunity – a buyer can refurbish to their own specification, then let at market rates to significantly increase the overall return.
Income & Potential
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Current shop income: £1,200 pcm
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Combined potential income (shop + both flats, once renovated and let): circa £2,500 pcm
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Additional potential: scope for a small extension above the shop, subject to the necessary planning consents – further increasing rental yield and capital value
Location Benefits
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Ombersley Road is situated just off Ladypool Road, one of Birmingham’s most bustling and well-known commercial districts
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Surrounded by local shops, eateries, and everyday amenities
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Excellent transport links and easy access to Birmingham city centre
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Strong, consistent tenant demand in the area
Ideal For
Investors seeking a ready-made income stream with clear upside. With the shop already producing income from day one and the flats offering scope to add value, this is an ideal project for a landlord looking to build a strong-yielding mixed-use investment.
Asking Price: £295,000
Sold as seen
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Price: £ 295,000
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