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2 bed flat
Escelie Way, Birmingham B29
£172,000
Escelie Way, Birmingham B29
£172,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- 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 2-bedroom flat in Birmingham is an attractive investment opportunity, generating an annual gross income of £12,264 from a current tenant. The property is well-maintained and features a lounge, bathroom, kitchen, and private underground parking. With a tenant already in place, this flat offers a stable and rewarding rental return, making it a worthwhile addition to an investor's portfolio. The current tenants have a long-standing tenancy and have consistently paid their rent, with no intention to move out. The property's investment potential is further highlighted by its proximity to valuable amenities, making it an excellent choice for those looking to expand their portfolio.