1 bedroom flat for sale

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1 bedroom flat for sale

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.