1 bed flat

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1 bed flat

Waterfront West, Brierley Hill DY5
£75,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Brierley Hill offers a lucrative investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, bathroom, and shared private parking. Currently, it generates an annual gross income of £9,000 with tenants already in situ, and with a purchase price that offers potential for future rental income, it could be a worthwhile addition to an investor's portfolio. The current tenants, who have been living in the property for several years, have a good payment history and intend to remain in the property, making for a smooth transition for the new buyer.