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Studio for sale
Ryland Street, Birmingham B16
£106,000
Ryland Street, Birmingham B16
£106,000
Price History
Initial price | £108,000 |
22/08/24 | £106,000 |
31/08/24 | £104,000 |
08/09/24 | £102,000 |
22/09/24 | £100,000 |
30/09/24 | £110,000 |
11/10/24 | £106,000 |
16/10/24 | £104,000 |
23/10/24 | £102,000 |
30/10/24 | £100,000 |
05/11/24 | £110,000 |
12/11/24 | £108,000 |
20/11/24 | £106,000 |
Price Change | -1.85% |
Description
This studio flat in Birmingham is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features an open-plan lounge, kitchen, and three-piece bathroom. It currently generates an annual gross income of £8,400, which could be increased to £11,400 with long-term tenants already in place. The tenants have been consistently paying their rent for several years and have no plans to move out, making it a reliable and stable investment. With a purchase price that will yield a worthwhile return, this property is an attractive option for investors looking to grow their portfolio.