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4 bed flat
City Road, Birmingham B16
£370,000
City Road, Birmingham B16
£370,000
Price History
Initial price | £410,000 |
05/03/25 | £405,000 |
16/03/25 | £400,000 |
22/03/25 | £395,000 |
29/03/25 | £390,000 |
05/04/25 | £385,000 |
11/04/25 | £380,000 |
17/04/25 | £375,000 |
23/04/25 | £370,000 |
Price Change | -9.76% |
Description
This portfolio of four self-contained flats in Birmingham offers a rewarding investment opportunity for investors. The property features modern kitchens and bathrooms, with each flat having its own unique layout, including studio, 1-bedroom, and 2-bedroom options. The current rent income is £24,600 per annum, which has the potential to increase to £25,200 with new tenants. The rent increases for each flat on April 1st, providing a steady stream of income. With tenants already in place, the new owner can capitalize on the property's potential and add to their portfolio. The property's proximity to valuable amenities and its ability to generate rental returns make it an attractive investment opportunity for those looking to diversify their portfolio.