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
£118,000

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
27/02/25 £112,000
13/03/25 £110,000
19/03/25 £108,000
26/03/25 £118,000
02/04/25 £116,000
09/04/25 £114,000
19/04/25 £112,000
30/04/25 £110,000
07/05/25 £118,000
Price Change -5.60%

Description

This 2-bedroom flat in Birmingham offers a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features 2 bedrooms, a three-piece bathroom, lounge, kitchen, and driveway, and is currently producing an annual gross income of £9,000. With the potential to increase the rent to a market rate of £10,800, this property presents a worthwhile addition to an investor's portfolio. The current tenants have been consistently paying their rent and have no intention of moving out, making for a smooth transition. With a Let Property Pack available for further detail on the investment potential, this is a great opportunity for investors to get in touch with the agent to learn more.