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1 bedroom flat for sale
Masshouse Plaza, Birmingham, B5
£138,000
Masshouse Plaza, Birmingham, B5
£138,000
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 |
Price Change | -8.00% |
Description
This 1-bedroom flat in Birmingham is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features one bedroom, lounge, kitchen, and ensuite, making it a comfortable and functional space. Currently, the property generates an annual gross income of £11,400, which could be increased to £13,320 with long-term tenants already in situ. The tenants have been in the property for several years, consistently paying their rent, and have no intention of moving out. With a purchase price that offers a worthwhile return, this property has the potential to be a valuable addition to an investor's portfolio.