1 bedroom flat for sale

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1 bedroom flat for sale

Sheepcote Street, Birmingham, B16
£144,000

Price History

Initial price £160,000
19/10/24 £157,000
26/10/24 £154,000
01/11/24 £151,000
08/11/24 £148,000
18/11/24 £146,000
21/11/24 £144,000
Price Change -10.00%

Description

This studio flat in Sheepcote Street, Birmingham, offers a lucrative investment opportunity for property investors. The well-maintained property is currently producing an annual gross income of £9,600, which has the potential to increase to £13,800 with a new owner. The property is situated close to local amenities and has a tenant already in place, with no intention to move out. The current tenant has a good payment history, making this a stable and rewarding investment. With parking spaces available and easy access to amenities, this property is a great addition to any investor's portfolio.