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Byron Road, Redditch B97 1 bed flat for sale
Byron Road, Redditch B97
£54,000
Byron Road, Redditch B97
£54,000
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 Redditch is a lucrative investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a comfortable layout with one bedroom, lounge, kitchen, and bathroom. Currently, it generates an annual gross income of £6,600, which has the potential to increase to £7,572 with a market rate rental. The property already has long-term tenants who have consistently paid their rent and have no plans to move out, providing a stable income stream for the new owner. With a competitive purchase price, this property offers a worthwhile addition to any investment portfolio.