Masshouse Plaza, Birmingham B5 1 bed flat for sale

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Masshouse Plaza, Birmingham B5 1 bed flat for sale

Masshouse Plaza, Birmingham B5
£114,000

Our Summary

  • For greater details on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 1-bedroom flat in Birmingham is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and balcony, and is currently producing an annual gross income of £11,400. With long-term tenants already in place, the new owner could increase the rent to a market rate of £13,320, making it a worthwhile addition to an investor's portfolio. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out, ensuring a smooth transition for the new owner.