Hagley Road, Birmingham B16 2 bed flat for sale

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Hagley Road, Birmingham B16 2 bed flat for sale

Hagley Road, Birmingham B16
£161,000

Price History

Initial price £166,000
28/06/24 £175,000
07/07/24 £170,000
22/07/24 £167,000
01/08/24 £161,000
07/08/24 £158,000
15/08/24 £155,000
24/08/24 £170,000
31/08/24 £167,000
22/09/24 £158,000
30/09/24 £155,000
11/10/24 £167,000
16/10/24 £164,000
23/10/24 £161,000
29/10/24 £158,000
05/11/24 £155,000
12/11/24 £170,000
19/11/24 £167,000
26/11/24 £164,000
04/12/24 £161,000
10/12/24 £158,000
18/12/24 £155,000
31/12/24 £170,000
08/01/25 £167,000
14/01/25 £164,000
29/01/25 £161,000
Price Change -3.01%

Description

This 2-bedroom flat in Birmingham is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features two spacious bedrooms, a large lounge, and a three-piece bathroom, with convenient access to local amenities. Currently, it generates an annual gross income of £10,740, which could be increased to a market rate of £14,400 with long-term tenants already in place. The property has a tenant who has lived there for several years and has consistently paid their rent, with no intention of moving out. With a potential increase in rental income and a worthwhile addition to an investor's portfolio, this property is a fantastic opportunity for those looking to grow their investment returns.