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1 bedroom flat for sale
Masshouse Plaza, Birmingham B5
£115,000
Masshouse Plaza, Birmingham B5
£115,000
Price History
Initial price | £150,000 |
18/09/24 | £147,000 |
28/09/24 | £140,000 |
04/10/24 | £138,000 |
10/10/24 | £136,000 |
17/10/24 | £134,000 |
25/10/24 | £132,000 |
31/10/24 | £130,000 |
07/11/24 | £128,000 |
28/11/24 | £136,000 |
04/12/24 | £134,000 |
11/12/24 | £130,000 |
19/12/24 | £128,000 |
01/01/25 | £126,000 |
08/01/25 | £124,000 |
15/01/25 | £122,000 |
31/01/25 | £120,000 |
26/02/25 | £118,000 |
12/03/25 | £116,000 |
19/03/25 | £114,000 |
25/03/25 | £112,000 |
02/04/25 | £110,000 |
09/04/25 | £108,000 |
16/04/25 | £118,000 |
01/05/25 | £115,000 |
Price Change | -23.33% |
Description
This 1-bedroom flat in Birmingham is a fantastic investment opportunity, currently producing an annual gross income of £11,400 with a tenant already in place. The property is well-maintained and features a lounge, kitchen, bathroom, and balcony. With a market rate of £13,320 achievable with long-term tenants, this property offers a worthwhile addition to an investor's portfolio. The current tenants have a good track record of paying rent on time and have no intention of moving out, ensuring a smooth transition for the new owner. With its proximity to amenities and potential for increased rental returns, this property is a great choice for investors looking to expand their portfolio.