1 bedroom flat for sale

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1 bedroom flat for sale

Masshouse Plaza, Birmingham, B5
£120,000

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 lucrative investment opportunity, with a tenant already in place and generating an annual gross income of £11,400. The property features a well-kept interior, including a lounge, kitchen, bathroom, and balcony, and has long-term tenants who have consistently paid their rent for several years and have no plans to move out. With a market rate of £13,320 possible, the new owner could increase the rental income and make this a worthwhile addition to their property portfolio. The property is also located in close proximity to valuable amenities, making it an attractive option for investors looking to expand their portfolio.