3 bedroom flat for sale

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3 bedroom flat for sale

Wood Lane, Handsworth B20
£117,000

Price History

Initial price £135,000
11/10/24 £131,000
18/10/24 £129,000
26/10/24 £125,000
01/11/24 £123,000
07/11/24 £121,000
14/11/24 £119,000
21/11/24 £117,000
Price Change -13.33%

Description

This 3-bedroom flat house in Birmingham is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a private back garden and three-piece bathroom. Currently, it produces an annual gross income of £8,700, which could be increased to £10,200 with long-term tenants already in place. The tenants have been consistent in paying their rent for several years and have no plans to move out, making for a stable and lucrative investment. With a worthwhile purchase price, this property has the potential to be a valuable addition to an investor's portfolio.