Sherborne Street, Birmingham B16 1 bed flat for sale

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Sherborne Street, Birmingham B16 1 bed flat for sale

Sherborne Street, Birmingham, B16
£148,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 1-bedroom flat in Birmingham offers a fantastic investment opportunity for those looking to expand their portfolio. The property features one bedroom, a three-piece bathroom, a lounge, and a kitchen, as well as private underground parking. Currently generating an annual gross income of £10,500, it has strong potential for rental returns. The tenants, who have been residing in the property for over a year, do not plan to move out and wish to continue their tenancy, providing a stable and reliable income stream. With a tenant in residence, the property is ready for a smooth transaction process, making it an attractive option for investors looking to add to their portfolio.