3 bedroom flat for sale

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3 bedroom flat for sale

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.