Herbert Street, Redditch B98 1 bed flat for sale

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Herbert Street, Redditch B98 1 bed flat for sale

Oak House, Herbert Street, Redditch, B98
£72,000

Price History

Initial price £85,000
06/04/25 £77,000
12/04/25 £75,000
16/04/25 £72,000
Price Change -15.29%

Description

This 1-bedroom flat in Redditch offers a lucrative investment opportunity with a current annual gross income of £8,100, which can be increased to £8,400 with long-term tenants already in place. The property is in excellent condition, featuring a private balcony, shared parking, and amenities within walking distance. With a purchase price that provides a worthwhile return, this flat is an attractive addition to any investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, ensuring a smooth transition for the new owner.