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1 bedroom flat for sale
Masshouse Plaza, Birmingham, B5
£120,000
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.