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1 bedroom flat for sale
Phoenix Rise, Wednesbury, WS10
£55,000
Phoenix Rise, Wednesbury, WS10
£55,000
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 Wednesbury offers a fantastic investment opportunity for those looking to expand their portfolio. The property is currently producing an annual gross income of £5,400, which has the potential to increase to £7,200 with a new owner. The current tenants, who have been in residence for several years, have a good payment history and intend to stay in the property. With its well-kept condition and proximity to amenities, this flat is a worthwhile addition to any investor's portfolio. The property's investment potential is further highlighted by the fact that it is already generating a decent income, making it an attractive option for those looking to diversify their investments.