1 bedroom flat for sale

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1 bedroom flat for sale

Masshouse Plaza, Birmingham, B5
£120,000

Price History

Initial price £150,000
18/09/24 £147,000
27/09/24 £140,000
04/10/24 £138,000
11/10/24 £136,000
18/10/24 £134,000
25/10/24 £132,000
31/10/24 £130,000
07/11/24 £128,000
14/11/24 £126,000
20/11/24 £138,000
27/11/24 £136,000
05/12/24 £134,000
12/12/24 £130,000
19/12/24 £128,000
01/01/25 £126,000
09/01/25 £124,000
17/01/25 £122,000
30/01/25 £120,000
Price Change -20.00%

Description

This 1-bedroom flat in Birmingham is a lucrative investment opportunity, currently generating an annual gross income of £11,400 and offering potential for growth to a market rate of £13,320. The property is well-maintained and features one bedroom, lounge, kitchen, and ensuite. With a tenant already in situ, the new owner can benefit from a steady income stream. The current tenants have a long-standing tenancy and have consistently paid their rent, with no plans to move out. With a competitive purchase price, this property has the potential to be a valuable addition to an investor's portfolio, and Let Property Sales are committed to facilitating a smooth transaction process.