1 bedroom flat for sale

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1 bedroom flat for sale

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.