1 bedroom flat for sale

>

1 bedroom flat for sale

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.