1 bedroom flat for sale

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1 bedroom flat for sale

Water Orton Road, Birmingham B36
£121,000

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
04/03/25 £108,000
11/03/25 £106,000
18/03/25 £104,000
12/04/25 £123,000
15/04/25 £121,000
Price Change -3.20%

Description

This 1-bedroom flat in Birmingham is a valuable investment opportunity, offering a reliable and long-term income stream. The property is in good condition and features a bedroom, lounge, kitchen, and ensuite. Currently producing an annual gross income of £8,400, the new owner has the potential to increase this to a market rate of £12,000 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable and predictable income stream for the new owner. With a Let Property Pack available for further information, this property presents a worthwhile addition to any investor's portfolio.