1 bed flat for sale

Herbert Street, Redditch B98

A 1-bedroom Flat located in Redditch. There are various valuable amenities within walking distance of the property, and it can generate rewarding rental returns.

This is a brilliant opportunity for investors looking for a reliable, long-term investment!

The home is in excellent condition, featuring 1 bedroom, a three-piece bathroom, a lounge, a kitchen, a private balcony, and shared parking.

Investment details

It currently produces an annual gross income of £8,100 which the new owner could increase to a market rate of £8,400 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

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 their stay. They do not intend to move out, so they hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process and allowing maximum commitment to the sale from both parties; a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.