2 bedroom flat for sale

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2 bedroom flat for sale

Hagley Road, Birmingham, B16
£139,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 2-bedroom flat in Birmingham is a lucrative investment opportunity for those looking to expand their portfolio. Located near valuable amenities, the property is currently generating a gross income of £13,200 per year, which could be increased to £14,400 with new tenants. The flat is well-maintained and features two spacious bedrooms, a lounge, and a three-piece bathroom. With a tenant already in situ, the new owner can capitalize on the existing rental income and potentially increase it to market rate. The property's purchase price and rental yield make it a worthwhile addition to an investor's portfolio, offering a strong potential for returns.