Byron Road, Redditch B97 1 bed flat for sale

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Byron Road, Redditch B97 1 bed flat for sale

Byron Road, Redditch B97
£54,000

Price History

Initial price £60,000
14/12/24 £58,000
21/12/24 £56,000
24/12/24 £54,000
03/01/25 £60,000
11/01/25 £58,000
17/01/25 £56,000
01/02/25 £54,000
Price Change -10.00%

Description

This 1-bedroom flat in Redditch is a fantastic investment opportunity, offering a current annual gross income of £6,600 and potential to increase to £7,572 with a new owner. The property is well-kept and features a lounge, kitchen, and bathroom, with a tenant already in situ who has consistently paid rent for several years and has no plans to move out. The current yield is 6.2%, making it a worthwhile addition to an investor's portfolio. With a Let Property Pack available for further details, this is a great chance for investors to expand their portfolio with a reliable and lucrative rental property.