4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Newman Road, Birmingham B24
£224,000

Price History

Initial price £240,000
27/06/24 £228,000
07/07/24 £240,000
22/07/24 £236,000
02/08/24 £228,000
08/08/24 £224,000
16/08/24 £220,000
24/08/24 £216,000
08/09/24 £240,000
22/09/24 £232,000
30/09/24 £228,000
11/10/24 £220,000
15/10/24 £216,000
23/10/24 £240,000
29/10/24 £236,000
05/11/24 £232,000
12/11/24 £228,000
19/11/24 £224,000
Price Change -6.67%

Description

This spacious and well-maintained 4-bedroom mid-terrace house in Birmingham offers a reliable and long-term investment opportunity. The property is in good condition and features a lounge, kitchen, and bathroom, with four bedrooms providing ample space for tenants. Currently, it generates an annual gross income of £22,200, making it a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, ensuring a smooth transition for the new owner. With its valuable amenities within walking distance and potential for rental returns, this property presents a brilliant opportunity for investors looking for a reliable and long-term investment.