55 Cardinal House, Saltley B8 1 bed flat for sale

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55 Cardinal House, Saltley B8 1 bed flat for sale

55 Cardinal House, Saltley B8
£20,000

Price History

Initial price £30,000
21/07/25 £20,000
Price Change -33.33%

Description

This is a fantastic tenanted investment opportunity, a 1-bedroom student flat located in a sought-after area of Birmingham. The property is currently tenanted at £585 per month, producing an excellent 23% gross yield if achieved for the guide price. The property benefits from a prime location, just a short 22-minute drive from Birmingham City Centre and close to local amenities. The flat has a spacious bedroom, WC, kitchen, and ample storage. With a sales evidence of £43,500 and £44,000 for similar properties in the area, this is a high-yielding investment opportunity with great capital growth potential. The property is open to immediate offers and will feature in an upcoming timed online auction, making it an excellent opportunity for shrewd buy-to-let investors.