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
30/09/24 £140,000
11/10/24 £136,000
18/10/24 £134,000
26/10/24 £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 offers a lucrative investment opportunity for property investors. The property is well-maintained and features a lounge, kitchen, and ensuite, with a current annual gross income of £11,400. With a market rate of £13,320, the new owner can increase the rental returns by negotiating a higher rent with the long-term tenants, who have been paying consistently for several years and have no plans to move out. The property's proximity to amenities and its potential for rental returns make it an attractive addition to an investor's portfolio.