This studio apartment represents a clear refurbishment opportunity with good rental potential. Previously let and now requiring modernisation throughout, the property provides buyers with the chance to add value and improve to their own specification. Once updated, the estimated rental income is approximately £650 PCM, offering an attractive gross yield of 22.3% per annum.
The accommodation comprises a studio room with separate kitchen area and bathroom, together with the added benefit of off-street parking. Positioned on Middleton Hall Road in the popular B30 postcode, the property is well located for local shops, amenities and Kings Norton railway station, providing convenient access into Birmingham city centre. With consistent rental demand in the area, this is a straightforward investment project or affordable first step onto the property ladder.
Due to current mortgage lending restrictions, the property is considered suitable for cash buyers only.
