47 Forest Road, Moseley and Kings Heath, Birmingham, Birmingham, B13 9DH

This Victorian property represents a compelling investment opportunity, featuring eight self-contained flats spread across three floors. Currently generating an annual rental income of £45,600, with the potential to increase to £53,400 upon re-letting the vacant unit, the property is tenanted with six one-bedroom and two studio units. The building is constructed from traditional brick and topped with a slate roof, showcasing classic architectural style. Each flat, except one, has its own gas boiler and central heating system. While some areas require refurbishment and repairs, this presents a chance to enhance rental yields through value-adding improvements. The expansive plot of approximately 0.17 acres includes garden spaces at both the front and rear, offering potential for external enhancements or even further development (subject to necessary consents). Located in the residential area of Moseley in Birmingham, the property benefits from proximity to local amenities and excellent transport links to Birmingham city centre. This property not only offers immediate rental income but also longer-term growth potential in a desirable area.