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3 bedroom flat for sale
Wood Lane, Birmingham, B20
£117,000
Wood Lane, Birmingham, B20
£117,000
Price History
Initial price | £135,000 |
04/10/24 | £133,000 |
12/10/24 | £131,000 |
25/10/24 | £125,000 |
01/11/24 | £123,000 |
08/11/24 | £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 fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £8,700, but with some minor adjustments, the potential rental income could increase to £10,200. The property features a private back garden and three-piece bathroom, and is well-maintained. The current tenants, who have been living in the property for several years, have consistently paid their rent and have no plans to move out, providing a stable and reliable source of income. With a purchase price that will yield a worthwhile return, this property is an attractive addition to any investor's portfolio.