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1 bedroom flat for sale
Sheepcote Street, Birmingham B16
£144,000
Sheepcote Street, Birmingham B16
£144,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This studio flat in Sheepcote Street, Birmingham, is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious studio flat, bathroom, kitchen, and parking spaces, with easy access to local amenities. Currently, it generates an annual gross income of £9,600, which could be increased to a market rate of £13,800 with long-term tenants already in place. The tenants have been consistently paying their rent for several years and have no intention of moving out, making for a reliable and stable investment. With a purchase price that offers a worthwhile return, this property is an excellent addition to any investor's portfolio.