1 bedroom flat for sale

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1 bedroom flat for sale

Springfield Road, Birmingham, B13
£115,000

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 is an attractive investment opportunity, offering a current annual gross income of £7,800 and potential to increase to £10,800 with long-term tenants already in place. The property, which features a well-kept interior with 1 bedroom, lounge, kitchen, and rear garden space, is situated close to amenities and has a tenant currently situated. The tenants have a strong track record of paying their rent on time and have no plans to move out, making for a reliable and hassle-free investment. With a competitive purchase price, this property presents a worthwhile addition to an investor's portfolio, offering a high potential return on investment.