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1 bed flat
Ednall Lane, Bromsgrove B60
£89,000
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.