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1 bedroom flat for sale
Water Orton Road, Birmingham B36
£121,000
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.