1 bed flat

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1 bed flat

Water Orton Road, Birmingham B36
£110,000

Price History

Initial price £125,000
25/04/24 £123,000
01/05/24 £121,000
08/05/24 £119,000
15/05/24 £117,000
22/05/24 £115,000
29/05/24 £113,000
06/06/24 £111,000
13/06/24 £109,000
21/06/24 £107,000
27/06/24 £117,000
22/07/24 £115,000
26/07/24 £113,000
02/08/24 £111,000
09/08/24 £109,000
16/08/24 £107,000
25/08/24 £117,000
08/09/24 £115,000
12/09/24 £113,000
22/09/24 £111,000
25/09/24 £109,000
02/10/24 £107,000
08/10/24 £117,000
15/10/24 £115,000
22/10/24 £113,000
29/10/24 £111,000
05/11/24 £109,000
12/11/24 £107,000
28/11/24 £115,000
03/12/24 £113,000
11/12/24 £111,000
18/12/24 £109,000
31/12/24 £107,000
07/01/25 £105,000
14/01/25 £115,000
29/01/25 £110,000
Price Change -12.00%

Description

This spacious and well-maintained 1-bedroom flat in Birmingham offers a lucrative investment opportunity for long-term returns. The property is in good condition and features a bedroom, lounge, kitchen, and ensuite, with a current annual gross income of £8,400 that could be increased to £12,000 with the right tenants. The current long-term tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out. With a purchase price that will yield a worthwhile return, this property is an excellent addition to an investor's portfolio.