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Herbert Street, Redditch B98 1 bed flat for sale
Oak House, Herbert Street, Redditch, B98
£72,000
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.