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Herbert Street, Redditch B98 1 bed flat for sale
Herbert Street, Redditch B98
£70,000
Herbert Street, Redditch B98
£70,000
Price History
Initial price | £85,000 |
06/04/25 | £77,000 |
12/04/25 | £75,000 |
17/04/25 | £72,000 |
22/04/25 | £70,000 |
Price Change | -17.65% |
Description
This 1-bedroom flat in Redditch offers a lucrative investment opportunity with a current annual gross income of £8,100, which could increase to £8,400 with new tenants. The property is in excellent condition, featuring a private balcony and shared parking, and is currently occupied by long-term tenants who intend to stay. With a reliable rental income and potential for growth, this is an attractive addition to any property portfolio. The current tenants have a good track record of paying rent on time, making for a smooth transition for the new owner.