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1 bedroom maisonette for sale
Walnut Close, Birmingham, B37
£83,000
Walnut Close, Birmingham, B37
£83,000
Price History
Initial price | £85,000 |
21/03/25 | £83,000 |
Price Change | -2.35% |
Description
This one-bedroom first-floor maisonette in Birmingham is available for buy-to-let investors only, with tenants already in situ since June 2024. The property generates a rental income of £700 per calendar month and has potential to increase to £850pcm, resulting in a gross yield of 10.12% and a potential yield of 12%. The lease has 104 years remaining, with a ground rent, service charge, and buildings insurance of £540.60 per annum. The property benefits from easy access to local amenities, on-road parking, and communal gardens.