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Windmill Street, Birmingham B1 1 bed flat for sale
Windmill Street, Birmingham B1
£175,000
Windmill Street, Birmingham B1
£175,000
Price History
Initial price | £190,000 |
13/02/25 | £180,000 |
04/03/25 | £177,000 |
15/03/25 | £174,000 |
21/03/25 | £171,000 |
28/03/25 | £168,000 |
05/04/25 | £165,000 |
11/04/25 | £162,000 |
18/04/25 | £159,000 |
24/04/25 | £175,000 |
Price Change | -7.89% |
Description
This 1-bedroom flat in Birmingham offers a fantastic investment opportunity for investors looking to expand their portfolio. The well-kept property features a spacious lounge, kitchen, and bathroom, and is currently producing an annual gross income of £9,600. However, with some minor adjustments, the new owner could increase the rental income to a market rate of £14,100, making it a worthwhile addition to their portfolio. The current tenants, who have consistently paid their rent, have no intention of moving out, providing a stable and predictable income stream. With its valuable amenities and proximity to Birmingham's city center, this property is an attractive option for investors looking for a reliable and lucrative investment.