1 bed flat

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1 bed flat

Ednall Lane, Bromsgrove B60
£89,000

Price History

Initial price £120,000
29/11/24 £110,000
14/12/24 £95,000
21/12/24 £93,000
03/01/25 £91,000
10/01/25 £89,000
Price Change -25.83%

Description

This 1-bedroom flat in Bromsgrove is an attractive investment opportunity for those looking to expand their portfolio. The property features a well-kept interior with one bedroom, three-piece bathroom, modern lounge, and kitchen, and currently produces an annual gross income of £8,700. With tenants already situated, 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 consistently paid their rent and do not intend to move out, ensuring a smooth transition and minimizing vacancy periods.