2 bed flat

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2 bed flat

Maytree Close, Birmingham B37
£107,500

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 2-bedroom flat in Birmingham offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, with a current annual gross income of £9,600. However, with a market rate of £11,868, the new owner has the potential to increase the rental income. The property has a tenant currently situated, who has been living there for several years and has a consistent payment history, with no intention to move out. With a purchase price that will yield a worthwhile return, this property is a great addition to any investment portfolio.