1 bedroom flat for sale

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1 bedroom flat for sale

Masshouse Plaza, Birmingham B5
£115,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Birmingham is a fantastic investment opportunity, currently producing an annual gross income of £11,400 with a tenant already in place. The property is well-maintained and features a lounge, kitchen, bathroom, and balcony. With a market rate of £13,320 achievable with long-term tenants, this property offers a worthwhile addition to an investor's portfolio. The current tenants have a good track record of paying rent on time and have no intention of moving out, ensuring a smooth transition for the new owner. With its proximity to amenities and potential for increased rental returns, this property is a great choice for investors looking to expand their portfolio.