Windmill Street, Birmingham B1 1 bed flat for sale

>

Windmill Street, Birmingham B1 1 bed flat for sale

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.