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Grove Road, Sparkhill B11 1 bed flat for sale
Grove Road, Sparkhill B11
£114,000
Grove Road, Sparkhill B11
£114,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Birmingham is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently producing an annual gross income of £8,100, which has the potential to increase to £9,660 with long-term tenants already in place. The tenants have been living in the property for several years and have consistently paid their rent, with no intention of moving out. The property's proximity to amenities and its ability to generate rental returns make it an attractive addition to any investor's portfolio.