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1 bedroom flat for sale
Springfield Road, Birmingham, B13
£81,000
Springfield Road, Birmingham, B13
£81,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 1-bedroom flat in Birmingham is a great investment opportunity for those looking to expand their portfolio. The property is close to amenities, has a tenant already in situ, and generates a current annual gross income of £7,800, which could be increased to £10,800 with the right management. The property is well-maintained and features a lounge, kitchen, three-piece bathroom, and rear garden space. The current tenants have been long-term and reliable, paying rent consistently, and do not intend to move out. With a competitive purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio, offering a strong yield and minimal vacancy risk.