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1 bedroom flat for sale
Masshouse Plaza, Birmingham, B5
£136,000
Masshouse Plaza, Birmingham, B5
£136,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 1-bedroom flat in Birmingham is a lucrative investment opportunity for investors looking to expand their portfolio. The property is already generating an annual gross income of £11,400 and has the potential to increase to £13,320 with long-term tenants currently situated. The flat is well-kept and features 1 bedroom, lounge, kitchen, and ensuite, making it a desirable rental property. With a tenant already in place, the new owner can expect a smooth transition and minimal vacancy periods. The current tenants have a good track record of paying their rent on time and have no intention of moving out, making this a reliable and stable investment option.