1 bedroom flat for sale

>

1 bedroom flat for sale

Phoenix Rise, Wednesbury, WS10
£57,000

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
Price Change -5.00%

Description

This 1-bedroom flat in Wednesbury is an excellent investment opportunity, generating a current annual gross income of £5,400 and offering potential for growth to £7,200 with long-term tenants already in place. The property is well-maintained and features one bedroom, lounge, kitchen, and ensuite. The current tenants, who have been in the property for several years, have a good payment history and intend to remain in the property, providing a stable and predictable income stream for the new owner. With its proximity to amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.