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1 bedroom flat for sale
Phoenix Rise, Wednesbury, WS10
£55,000
Phoenix Rise, Wednesbury, WS10
£55,000
Price History
Initial price | £60,000 |
16/04/24 | £65,000 |
25/04/24 | £63,000 |
01/05/24 | £61,000 |
08/05/24 | £59,000 |
15/05/24 | £65,000 |
23/05/24 | £63,000 |
30/05/24 | £61,000 |
06/06/24 | £59,000 |
13/06/24 | £57,000 |
21/06/24 | £55,000 |
27/06/24 | £59,000 |
22/07/24 | £57,000 |
02/08/24 | £59,000 |
09/08/24 | £57,000 |
16/08/24 | £55,000 |
24/08/24 | £59,000 |
12/09/24 | £57,000 |
25/09/24 | £59,000 |
02/10/24 | £57,000 |
08/10/24 | £55,000 |
15/10/24 | £59,000 |
23/10/24 | £57,000 |
29/10/24 | £55,000 |
05/11/24 | £59,000 |
12/11/24 | £57,000 |
18/11/24 | £55,000 |
Price Change | -8.33% |
Description
This 1-bedroom flat in Wednesbury offers a fantastic investment opportunity for those looking to expand their portfolio. The property is currently producing an annual gross income of £5,400, which has the potential to increase to £7,200 with a new owner. The current tenants, who have been in residence for several years, have a good payment history and intend to stay in the property. With its well-kept condition and proximity to amenities, this flat is a worthwhile addition to any investor's portfolio. The property's investment potential is further highlighted by the fact that it is already generating a decent income, making it an attractive option for those looking to diversify their investments.