Lichfield Road, Sutton Coldfield B74 2 bed flat for sale

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Lichfield Road, Sutton Coldfield B74 2 bed flat for sale

Lichfield Road, Sutton Coldfield B74
£190,000

Our Summary

  • It offers strong potential for rental returns and is currently tenant-occupied
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This two-bedroom flat in Sutton Coldfield is an attractive investment opportunity, offering strong potential for rental returns and currently producing an annual gross income of £10,500. The property is situated close to essential amenities, including a rail station, schools, and a hospital, making it an ideal choice for working professionals. The flat features an expansive lounge, fully equipped kitchen, and three-piece bathroom, as well as an allocated parking space. The current tenants, who have been living in the property for several years, wish to continue their tenancy, providing a stable income stream for the new owner. With the potential to increase the rent to a market rate of £10,572, this property is a worthwhile addition to any investor's portfolio.