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Available / For SaleRef: mywoes_1677118426

Mixed Commercial West Bromwich , Dual-Use Property | Proven 2-Bed Residential Tenant | Commercial + Residential Income Potential | Flexible Investment Pathways

Lily Street, West Bromwich

Asking Price £250,000
Subject to contract
Property typeTerraced
At a glance

A closer look.

Location & Access

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Located in West Bromwich (B71 1ED), estate position off the main high street with good local connectivity. Property offers independent utility metering and flexibility for multi-unit management.

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Current Income Status

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UPSTAIRS: 2-Bedroom Residential Flat - OCCUPIED & RENTED

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  • Current Tenant: Active, paying £900/month 1st Floor 
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  • Downstairs Unit Vacant yet Potential Income £700 - £750 Per month  
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  • Residential Layout: Living room (1st floor) + 2 bedrooms + ground floor kitchen/bathroom
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  • Access: Via side gully
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  • Status: Fully operational, immediate income
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DOWNSTAIRS: Commercial Space - VACANT

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  • Previous Use: Salon (30-year trading history)
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  • Current Status: Clean break, ready for lettings or conversion
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  • Independent Utilities: Separate meter installed (key advantage)
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  • Rental Potential (Commercial): £700/month (£8,400 annually)
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  • Rental Potential (1-bed Residential): £700-750/month (£8,400-9,000 annually)
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  • Commercial Registration: Lower stamp duty treatment on acquisition
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Income Scenarios

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Scenario A: Dual-Use (Hold Commercial Downstairs)

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UnitTypeStatusMonthlyAnnual
Upstairs2-bed flat✅ Let at £900
  • Mixed Commercial Tax Advantage Investment Opportunity
  • West Bromwich Highly Rentable Area
  • DUAL-INCOME PROPERTY | 7-8% YIELD | INCOME FROM DAY ONE
  • Proven income (upstairs tenant already paying)
  • Separate utilities (independent metering)
  • Tax Efficient — Commercial purchase saves significant stamp duty
  • 2 Units Mixed 2 Bed Flat and One Commercial Unit
The property

Description.

Investment Summary

Lily Street is a working dual-income property generating £19,200-£20,000/annual.

Upstairs 2-bedroom residential flat is currently tenanted at £900/month (proven, active income). Downstairs commercial space offers flexible options: let as commercial (£700/month) or convert to 1-bed residential flat (£700-750/month). Combined income of £1,600-1,800 monthly delivers impressive 7-8% yield. Commercial Property Stamp duty advantage .

Perfect for buy-to-let investors, portfolio builders, and those seeking lower-risk dual-income properties.

Upfront information

Material information.

Tenure  : Freehold

Council Tax Band  :  A

  • Construction materials used: Brick and block
  • Water sources: Mains
  • Sewerage arrangements: Mains
  • Heating Supply: Central heating (gas)
  • Broadband internet type: ADSL copper wire
  • Mobile signal/coverage: Good
  • Building Safety: None of the above
  • Flooded in the last 5 years: No
  • Does the property have required access (easements, servitudes, or wayleaves)?: No
  • Do any public rights of way affect your your property or its grounds?: No
  • Parking Availability: No
Please check before relying: property particulars should be verified with the seller or landlord and, where relevant, the title, lease, certificates, survey, searches and professional advisers.
Indicative layout

Floorplan.

Floorplan available on request.
Ask the team for a copy of the property floorplan.

Floorplans and measurements are for guidance only and should not be treated as scaled drawings or statements of fact.

Around the property

Location.

Map of Lily Street, West Bromwich

Distances, journey times, school information and local amenities should be independently checked. Map positions may be approximate.

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