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Gravelly Lane, Birmingham B23 2 bed flat for sale
Gravelly Lane, Birmingham, B23
£114,000
Gravelly Lane, Birmingham, B23
£114,000
Price History
Initial price | £125,000 |
02/11/24 | £123,000 |
08/11/24 | £121,000 |
18/11/24 | £119,000 |
22/11/24 | £117,000 |
28/11/24 | £115,000 |
05/12/24 | £113,000 |
13/12/24 | £111,000 |
20/12/24 | £109,000 |
02/01/25 | £120,000 |
09/01/25 | £118,000 |
17/01/25 | £116,000 |
30/01/25 | £114,000 |
Price Change | -8.80% |
Description
This 2-bedroom flat in Birmingham offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two bedrooms, a three-piece bathroom, lounge, kitchen, and driveway. It currently produces an annual gross income of £9,000, which could be increased to a market rate of £10,800 with the new owner. The current tenants have been paying rent consistently and have no intention of moving out, making for a smooth transition. With a worthwhile addition to an investor's portfolio, this property is a great find, and the letting agents are committed to facilitating a smooth transaction process.