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1 bed property, in Balfour Court, £159,950
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1 bed flat

Balfour Court, Lichfield Road, Four Oaks B74
£159,950

Our Summary

  • Opportunity to modernise and add value
  • Having recently benefited from improvements including new electrics and modern heating, the apartment offers a solid, move-in ready base with excellent potential to add value
  • Opportunity to Add Value While key upgrades have already been completed, there is scope for cosmetic improvement, including removal of wallpaper and redecoration
  • In addition, the generous layout offers potential to reconfigure into a two bedroom apartment, subject to layout, building regulations and any necessary consents
  • Investment Potential The property also offers strong investment appeal, with estimated rental income of £925–£950 pcm, equating to approximately 7% gross yield
  • A rare opportunity to secure a spacious apartment in a sought-after location, combining immediate usability with future potential

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Description

The property is a spacious one-bedroom apartment with a garage, priced at £159,950. It has a large lounge/dining room with two windows overlooking the front gardens, a breakfast kitchen with ample storage and worktop space, and a double bedroom with extensive fitted wardrobes. The bathroom is fitted with a white suite and shower over bath.

The property has recently benefited from upgrades including new electrics and modern heating. The apartment has potential to add value through cosmetic improvements and reconfiguration to a two-bedroom layout. It also offers investment appeal with an estimated rental income of £925-£950 pcm.