Offers over
£107,000
(£212/sq. ft)
1 bed flat for saleMasshouse Plaza, Birmingham B5
1 bed
1 bath
1 reception
506 sq. ft
EPC Rating: C
About this property
Balcony
Buy-to-Let Opportunity
Tenants Currently Situated
Likely to attract enquiries from Serious Investors & Developers.
Well Maintained Property
Contemporary Kitchen
Easy Access to Local Amenities
Investment potential detailed below (Let Property Pack)
Cash Offer Only
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept home features 1 bedroom, a lounge, a contemporary kitchen, a triple-fixture bathroom, and a balcony.
Investment details
It currently produces an annual gross income of £11,400, which could be increased by the new owner to a market rate of £13,320 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.
For greater details on this property's investment potential, please see the Let Property Pack linked below.
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 the duration of their stay. They do not have any intentions to move out, so they hope to remain in the property.
Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
Mortgage calculator
£535 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (128 years)
Service charge
Council tax band
C
Ground rent
£150
Ground rent date of next review



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