Blackrock Road, Birmingham B23 3 bed flat for sale

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Blackrock Road, Birmingham B23 3 bed flat for sale

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.