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2 bed flat
Hagley Road, Birmingham B16
£161,000
Hagley Road, Birmingham B16
£161,000
Price History
Initial price | £175,000 |
23/05/24 | £172,000 |
30/05/24 | £169,000 |
06/06/24 | £166,000 |
14/06/24 | £163,000 |
21/06/24 | £160,000 |
28/06/24 | £175,000 |
07/07/24 | £170,000 |
22/07/24 | £167,000 |
25/07/24 | £164,000 |
01/08/24 | £161,000 |
07/08/24 | £158,000 |
15/08/24 | £155,000 |
25/08/24 | £170,000 |
01/09/24 | £167,000 |
08/09/24 | £164,000 |
12/09/24 | £161,000 |
22/09/24 | £158,000 |
25/09/24 | £155,000 |
02/10/24 | £170,000 |
08/10/24 | £167,000 |
15/10/24 | £164,000 |
22/10/24 | £161,000 |
29/10/24 | £158,000 |
05/11/24 | £155,000 |
12/11/24 | £170,000 |
28/11/24 | £164,000 |
03/12/24 | £161,000 |
11/12/24 | £158,000 |
18/12/24 | £155,000 |
31/12/24 | £170,000 |
07/01/25 | £167,000 |
14/01/25 | £164,000 |
29/01/25 | £161,000 |
Price Change | -8.00% |
Description
This 2-bedroom flat in Birmingham is a fantastic investment opportunity, located close to local amenities and currently generating a rental income of £10,740 per year. The property is well-maintained and features two spacious bedrooms, a large lounge, and a three-piece bathroom. With a tenant already in situ, the current owners are looking to sell, and the new owner can increase the rent to a market rate of £14,400. The property offers a worthwhile addition to an investor's portfolio, with a potential increase in rental income and a long-term tenant already in place. The current tenants have a good track record of paying rent on time and have no intention of moving out, making this a reliable investment opportunity.