1 bedroom flat for sale

>

1 bedroom flat for sale

Wheldrake Avenue, Birmingham, B34
£109,000

Price History

Initial price £130,000
08/11/24 £115,000
18/11/24 £113,000
22/11/24 £111,000
28/11/24 £109,000
Price Change -16.15%

Description

This 1-bedroom flat in Birmingham is a lucrative investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £7,800, with the potential to increase this to £8,400 with long-term tenants already in place. The well-kept home features one bedroom, a lounge, and a kitchen, and is situated close to valuable amenities. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention of moving out. With a purchase price that will yield a worthwhile return, this property offers a great chance for investors to add to their portfolio and secure a steady income stream.