Regis House represents a significant mixed-use investment opportunity situated prominently along Halesowen Road in Old Hill, Cradley Heath. The property encompasses a ground floor commercial space alongside 9 self-contained residential flats, all currently tenanted under Assured Shorthold Tenancies, generating an annual rental income of £82,500. This traditional brick-constructed building has undergone later extensions at the rear and offers a total net internal floor area of around 7,053 sq ft, complemented by undercroft and rear parking facilities.
This asset features a balanced revenue stream from both residential and commercial sectors with considerable potential for future rental increases through active management strategies. Investors may find opportunities to enhance the overall property value through refurbishments aimed at modernizing the flats and improving the commercial unit's appeal.
The location benefits from robust local demand for housing and excellent transport links to Birmingham City Centre and other parts of the West Midlands. With a well-populated residential catchment area nearby, Regis House provides a solid foundation for ongoing investment growth with potential avenues for rent reviews and improving unit specifications. Overall, this property’s diverse income sources present an appealing case for both immediate returns and long-term asset appreciation.
