£1.8m apartment scheme set to go under the hammer
Property investors are being targeted after a block of 23 apartments on the outskirts of Sutton Coldfield was put up for auction.
Mulberry Court, which occupies 70-80 Kings Road, has a guide price of £1.8m.
The block comprises 12 two-bed and 11 one-bedroomed apartments.
The investment opportunity has a current gross rental income of £154,680 per annum from the 21 apartments already let, with the potential for more than £169,000 per annum once the remaining two vacant apartments are also let.
Gurpreet Bassi, head of resi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
