3 bed flat

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3 bed flat

Bristol Road South, Birmingham B31
£120,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • 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 investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • Investment potential detailed below (Let Property Pack)

Description

This 3-bedroom flat in Birmingham is a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and currently generates an annual gross income of £8,400 from a tenant who has been residing there for several years and has a consistent payment history. With a strong potential for rental returns, this property offers a worthwhile addition to an investor's portfolio. The property features three bedrooms, a lounge, a kitchen, and a three-piece bathroom, as well as on-street parking and a communal rear garden. The current tenants do not plan to move out and wish to continue their tenancy, making for a smooth transaction process.