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Studio flat for sale
Ryland Street, Birmingham, B16
£106,000
Ryland Street, Birmingham, B16
£106,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This studio flat in Birmingham is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently rented out and produces an annual gross income of £8,400, which could be increased to a market rate of £11,400 with the right tenants. The property is well-kept and features an open plan lounge, kitchen, and three-piece bathroom. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that offers a worthwhile return, this property is a great addition to any investor's portfolio.