4 bed flat for sale

City Road, Birmingham B16

A portfolio of 4 self-contained flats 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 for a rewarding investment, this is a brilliant opportunity!

The property features four self-contained flats each with its own bathroom, and modern kitchens.

This portfolio is as follows: (4 self-contained flats)

> 2 flats of studio with the rent at £475 going to £515.
> 1 1-bedroom flat with the rent at £500 going to £530.
> 1 2-bedroom flat with the rent at £560 going to £600.

The rent increases for each flat on the 1st of April.

Investment details

It currently produces an annual gross income of £24,600 which could be increased by the new owner to a market rate of £25,200 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.