Herbert Street, Redditch B98 1 bed flat for sale

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Herbert Street, Redditch B98 1 bed flat for sale

Herbert Street, Redditch B98
£70,000

Our Summary

  • 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 1-bedroom flat in Redditch offers a lucrative investment opportunity with a current annual gross income of £8,100, which could increase to £8,400 with new tenants. The property is in excellent condition, featuring a private balcony and shared parking, and is currently occupied by long-term tenants who intend to stay. With a reliable rental income and potential for growth, this is an attractive addition to any property portfolio. The current tenants have a good track record of paying rent on time, making for a smooth transition for the new owner.