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1 bedroom flat for sale
Water Orton Road, Birmingham, B36
£117,000
Water Orton Road, Birmingham, B36
£117,000
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 |
23/05/24 | £115,000 |
30/05/24 | £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 |
02/08/24 | £111,000 |
09/08/24 | £109,000 |
16/08/24 | £107,000 |
24/08/24 | £117,000 |
08/09/24 | £115,000 |
12/09/24 | £113,000 |
25/09/24 | £109,000 |
02/10/24 | £107,000 |
09/10/24 | £117,000 |
15/10/24 | £115,000 |
23/10/24 | £113,000 |
29/10/24 | £111,000 |
05/11/24 | £109,000 |
12/11/24 | £107,000 |
18/11/24 | £117,000 |
Price Change | -6.40% |
Description
This spacious and well-maintained 1-bedroom flat in Birmingham offers a reliable and long-term investment opportunity. The property is in good condition and features a bedroom, lounge, kitchen, and ensuite, and currently generates an annual gross income of £8,400. With a market rate of £12,000, the new owner has the potential to increase the rental income with long-term tenants already in place. The current tenants have been consistently paying their rent for several years and have no intentions to move out, making this a stable investment option. With a worthwhile addition to an investor's portfolio, this property offers a brilliant opportunity for those looking for a reliable and rewarding rental return.