Windmill Street, Birmingham B1 1 bed flat for sale

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Windmill Street, Birmingham B1 1 bed flat for sale

Windmill Street, Birmingham B1
£175,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 1-bedroom flat in Birmingham offers a fantastic investment opportunity for investors looking to expand their portfolio. The well-kept property features a spacious lounge, kitchen, and bathroom, and is currently producing an annual gross income of £9,600. However, with some minor adjustments, the new owner could increase the rental income to a market rate of £14,100, making it a worthwhile addition to their portfolio. The current tenants, who have consistently paid their rent, have no intention of moving out, providing a stable and predictable income stream. With its valuable amenities and proximity to Birmingham's city center, this property is an attractive option for investors looking for a reliable and lucrative investment.