Ednall Lane, Bromsgrove B60 1 bed flat for sale

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Ednall Lane, Bromsgrove B60 1 bed flat for sale

Ednall Lane, Bromsgrove B60
£87,000

Price History

Initial price £120,000
30/11/24 £110,000
14/12/24 £95,000
21/12/24 £93,000
03/01/25 £91,000
10/01/25 £89,000
17/01/25 £87,000
31/01/25 £95,000
28/02/25 £93,000
13/03/25 £91,000
20/03/25 £89,000
27/03/25 £87,000
04/04/25 £85,000
21/08/25 £90,000
29/10/25 £87,000
Price Change -27.50%

Description

This 1-bedroom flat in Bromsgrove offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features a modern lounge, kitchen, one bedroom, and three-piece bathroom, and is currently producing an annual gross income of £8,700. With tenants already in situ, the new owner can increase the rent to a market rate of £10,200, making it a worthwhile addition to an investment portfolio. The current tenants have a good track record of paying rent on time and have no plans to move out, ensuring a smooth transition for the new owner.