2 bedroom flat for sale

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2 bedroom flat for sale

Gravelly Lane, Birmingham B23
£117,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 2-bedroom flat in Birmingham offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features 2 bedrooms, a three-piece bathroom, lounge, kitchen, and driveway, and is currently producing an annual gross income of £9,000. With tenants already in situ and willing to stay, the new owner can increase the rental income to a market rate of £10,800, making it a worthwhile addition to an investment portfolio. The property has a strong rental history, with the current tenants consistently paying their rent and showing no intention to move out, ensuring a smooth transition and maximum commitment to the sale.
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