2 bed flat

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2 bed flat

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.