£122,000 /Sale price

Our latest listing is a 1-bedroom Flat located in Birmingham. It is in close proximity to valuable amenities, is able to generate rewarding rental returns, and has a tenant currently situated. For investors looking to expand their portfolio, this is a fantastic opportunity! This well-kept home features 1 bedroom, a lounge, a contemporary kitchen, a triple-fixture bathroom, and a balcony. Investment details It currently produces an annual gross income of £11,400, which could be increased by the new owner to a market rate of £13,320 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio. For greater details on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us. Tenancy Details The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out, so they hope to remain in the property. Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.