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4 bedroom terraced house for sale
Newman Road, Birmingham B24
£224,000
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.