Gravelly Lane, Birmingham B23 2 bed flat for sale

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Gravelly Lane, Birmingham B23 2 bed flat for sale

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.