Lichfield Road, Sutton Coldfield B74 2 bed flat for sale

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Lichfield Road, Sutton Coldfield B74 2 bed flat for sale

Lichfield Road, Sutton Coldfield B74
£195,000

Our Summary

  • It offers strong potential for rental returns and is currently tenant-occupied
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This two-bedroom flat in Sutton Coldfield is a fantastic investment opportunity, currently producing an annual gross income of £13,200 with long-term tenants in place. The property features a spacious lounge, fully equipped kitchen, and three-piece bathroom, as well as an allocated parking space. Its convenient location is just a few hundred meters from the rail station, providing easy access to Birmingham and Lichfield, and is also close to local schools and a hospital. The tenants have been residing in the property for several years and have consistently paid their rent on time, making it an ideal choice for investors looking to expand their portfolio. With its strong potential for rental returns and existing tenancy, this property is a worthwhile addition to any investor's portfolio.