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Blackrock Road, Birmingham B23 3 bed flat for sale
Blackrock Road, Birmingham, B23
£97,000
Blackrock Road, Birmingham, B23
£97,000
Price History
Initial price | £130,000 |
04/10/24 | £128,000 |
11/10/24 | £126,000 |
18/10/24 | £120,000 |
25/10/24 | £115,000 |
01/11/24 | £113,000 |
07/11/24 | £105,000 |
14/11/24 | £103,000 |
20/11/24 | £101,000 |
28/11/24 | £99,000 |
05/12/24 | £97,000 |
12/12/24 | £95,000 |
19/12/24 | £105,000 |
01/01/25 | £103,000 |
09/01/25 | £101,000 |
17/01/25 | £99,000 |
30/01/25 | £97,000 |
Price Change | -25.38% |
Description
This 3-bedroom flat in Birmingham is a fantastic investment opportunity for those looking to expand their portfolio. The property is already generating a steady annual gross income of £9,600, which could be increased to a market rate of £12,000 with long-term tenants currently in situ. The well-kept home features three bedrooms, a lounge, kitchen, bathroom, rear garden space, and driveway, making it a valuable addition to any investment portfolio. The current tenants have been consistently paying their rent for several years and have no intention of moving out, ensuring a smooth transition for the new owner. With its proximity to valuable amenities and potential for increased rental returns, this property is an attractive option for investors looking to grow their portfolio.