Reduced
30 photos · FloorplanFor sale
£250,000
Lily Street, West Bromwich, B71 1ED
2bedrooms
1bathroom
Terracedtype
Freeholdtenure
Listed 17 Sept 2026 · West Bromwich
How the price compares
This home£250,000
Median 2 bed in B71£165k30 homes listed · £166 per sq ft
Difference+52%above the area median
Key features
- 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
About this home
Mixed-use investment: let 2-bed flat + vacant shop 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.
Roof type: Slate tiles.
Mobile signal/coverage: Good.
Flooded in the last 5 years: No.
Source of flooding: Others.
Does the property have flood defences? No.
Building Safety: None of the above.
Construction materials used: Brick and block.
Water source: Mains.
Electricity source: Mains.
Sewerage arrangements: Mains.
Heating Supply: Central heating (gas).
Broadband internet type: Others.
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.
Property details
- Property type
- Terraced
- Council tax band
- A
- Tenure
- Freehold
- Parking
- No parking
- Garden
- Yes
- Heating
- Gas central
Location
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- Dudley Street, Guns Village Tram Stop0.5 mi
- Dartmouth Street Tram Stop0.6 mi
- Lodge Road, West Bromwich Town Hall Tram Stop0.6 mi
What nearby homes sold for
Median sold prices in B71 over the last 12 months: semi-detached £240k · terraced £210k · detached £385k · flat £118k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 14 Lily Street West Bromwich B71 1EB | Semi-detached Freehold | 11 Sept 2026 | £245,000 |
| Flat 9, Salisbury House, Lily Street West Bromwich B71 1QD | Flat Leasehold | 27 May 2026 | £52,000 |
| Flat 4, Salisbury House, Lily Street West Bromwich B71 1QD | Flat Leasehold | 25 Mar 2026 | £44,000 |
| Salisbury House, Lily Street West Bromwich B71 1QD | Other Freehold | 15 Jan 2026 | £39,999 |
| 69 Lily Street West Bromwich B71 1QA | Semi-detached Freehold | 15 Sept 2025 | £185,000 |
| Flat 13, Salisbury House, Lily Street West Bromwich B71 1QD | Flat Leasehold | 14 Aug 2025 | £38,800 |
| 41 Lily Street West Bromwich B71 1ED | Semi-detached Freehold | 30 May 2025 | £165,000 |
| Flat 13, Salisbury House, Lily Street West Bromwich B71 1QD | Flat Leasehold | 7 Feb 2025 | £39,999 |
| Flat 23, Salisbury House, Lily Street West Bromwich B71 1QD | Flat Leasehold | 7 Feb 2025 | £57,001 |
| 2 Lily Street West Bromwich B71 1EB | Terraced Freehold | 30 Jan 2025 | £225,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in B71
Buying costs
Monthly repayment£1,251£25,000 deposit · £225,000 loan
Stamp Duty£2,500England rates
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by My World Estates, West Bromwich on Rightmove (original listing). First listed 17 Sept 2026; details checked 7 Nov 2026. Latest change: added on 17/09/2026.
Agent disclaimer
Disclaimer - Property reference SMW15. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by My World Estates, West Bromwich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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