Sheepcote Street, Birmingham B16 1 bed flat for sale

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Sheepcote Street, Birmingham B16 1 bed flat for sale

Sheepcote Street, Birmingham B16
£173,000

Price History

Initial price £185,000
04/01/25 £182,000
11/01/25 £179,000
17/01/25 £176,000
01/02/25 £173,000
Price Change -6.49%

Description

This 1-bedroom flat in Birmingham is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and 1 bedroom. Currently, it produces an annual gross income of £11,700, which could be increased to £13,020 with a new owner. The current tenants, who have lived in the property for several years, are willing to stay on, providing a stable and reliable source of rental income. With a tenant already in situ, the new owner can focus on maximizing their returns without the hassle of finding new tenants. Overall, this property offers a worthwhile addition to any investor's portfolio, with the potential for significant returns and minimal hassle.