2 Bed Flat, Single Let, Birmingham, B16 8FP, £209,950

Voyager, 51 Sherborne Street, Birmingham, B16 8FP - 5 views - 2 years ago

Leasehold
BTL
ROI: 2%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£90K - £500K
Sold Prices/m²£1.3K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£197,846

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,488

Stamp Duty & Legal Fees

£7,499

Total Cash In

£59,986

 

 

Cash Out

 

Rent Range

£975 - £2,800

Rent Estimate

£981

Running Costs/mo

£872

Cashflow/mo

£109

Cashflow/yr

£1,304

ROI

2%

Gross Yield

6%

Local Sold Prices

22 sold prices from £90K to £500K, average is £180K. £1.3K/m² to £4.5K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£180K08/210.17 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£153.5K06/210.2 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£125K12/210.32 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.32 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£235K07/210.41 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£182K12/220.42 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£100K07/210.46 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£90K06/210.51 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£500K02/210.53 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/210.53 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/200.53 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/220.53 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£290K09/210.55 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£144.5K09/210.71 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£290K10/220.73 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£150K02/230.91 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/210.91 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/220.91 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£244K03/210.95 mi31d, Northwood Street, Birmingham, West Midlands B3 1TX2
£202.5K01/230.96 miApartment 8, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£208K05/210.97 miApartment 34, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£180K04/220.97 miApartment 22, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2

Local Rents

50 rents from £975/mo to £2.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40002/250.03 mi-2
£1,17512/240.03 miRyland Street, Birmingham, B162
£1,10012/240.03 miRyland Street, Birmingham, Birmingham, B162
£1,20012/240.03 miRyland Street, Birmingham, B162
£1,15012/240.03 miRyland Street, Birmingham, B162
£1,10012/240.04 miSinope, Ryland Street2
£1,20012/240.04 miCallisto Apartments, 38 Ryland Street, Birmingham, B162
£1,15012/240.04 mi36 Ryland Street, Birmingham B16 8DB2
£99502/250.04 mi-2
£1,15012/240.05 miCallisto, Jupiter2
£1,25012/240.05 miCallisto House, Ryland Street, Birmingham City Centre2
£1,20012/240.05 miCallisto, Jupiter2
£1,40012/240.05 mi-2
£1,17512/240.05 miRyland Street, Birmingham, B162
£1,25012/240.06 miRyland Street, BIRMINGHAM2
£2,80002/250.06 mi-2
£1,45002/240.06 mi-2
£1,10003/240.06 mi-2
£1,20012/240.06 mi-2
£1,47503/250.06 mi-2
£1,20012/240.06 miRyland Street, Birmingham, B162
£1,15012/240.06 mi40 Ryland Street, B162
£1,15012/240.06 mi40 Ryland Street, B162
£1,15003/250.07 mi-2
£1,15012/240.07 miVoyager, 51 Sherbourne Street, Birmingham, B162
£1,15012/240.07 miVoyager @ Jupiter 51 Sherborne Street, Birmingham B16 8FP2
£1,20012/240.07 miRyland Street, Birmingham2
£1,12512/240.08 mi-2
£1,27503/250.08 mi-2
£1,55012/240.08 miSherborne Street, City Centre, Birmingham, B16 8FQ2
£1,25003/250.09 mi-2
£1,25003/250.09 mi-2
£1,25012/240.09 miFlat C-13, Sherborne Place, 1 Marina Place, Birmingham, B16 8WQ2
£1,25012/240.09 miFlat C25, Sherborne Place, Marina Place, Birmingham, B162
£1,50012/240.09 mi-2
£1,50012/240.09 mi-2
£1,10012/240.09 miBroadway Residences, 105 Broad Street, Birmingham, B152
£97512/240.09 mi128 Morville Street, Birmingham2
£1,25012/240.09 mi Broadway Residences Broad Street, Birmingham2
£1,25012/240.09 miBroadway Residences, 105 Broad Street, Birmingham, West Midlands, B152
£1,35012/240.09 miBroadway Residences, 165 Broad Street, Birmingham, West Midlands, B152
£1,20012/240.09 miBroadway Residences, 105 Broad Street, Birmingham, West Midlands, B152
£1,17512/240.09 miBroadway Residences, 165 Broad Street, Birmingham, West Midlands, B152
£1,25012/240.09 miBroadway Residences, 165 Broad Street, Birmingham, West Midlands, B152
£1,20012/240.09 miBroadway Residences, 165 Broad Street, Birmingham, West Midlands, B152
£1,25012/240.09 miBroadway Residences, 165 Broad Street, Birmingham, West Midlands, B152
£1,25012/240.09 miBroadway Residences, 165 Broad Street, Birmingham, West Midlands, B152
£1,15012/240.09 miBroadway Residences, Broad Street, Birmingham, B152
£1,12502/250.1 mi-2
£1,12503/250.1 mi-2

Local Area Statistics

Population in B16

23,618

Population in Birmingham

1,034,821

Town centre distance

1.80 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-17%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £209,950

July 4, 2023

Floor Plans

Description

  • Two Double Bedrooms +
  • Secure Allocated Parking +
  • EWS1 Certificate Granted +
  • EPC Rating C +
  • Jupiter Development +

This well-presented two double bedroom apartment is located on the ground floor of the ever popular Jupiter Development. Offered with a secure, allocated parking space included. EPC Rating C. Council Tax Band E.

Open Plan Kitchen Living Room
The focal point of this spacious apartment is the open plan kitchen living room complete with modern kitchen including integrated appliances, ample space for a large dining table and sofa as well as full length window and laminate flooring.

Main Bedroom
The main bedroom comprises of fitted wardrobes, full length window carpet flooring and en-suite which includes shower, wash basin and w.c.

Second Bedroom
This very spacious double bedroom includes, carpet flooring, full length window as well as ample desk space for those working from home.

Bathroom
The main family size bathroom includes an over bath shower, wash basin, w.c and fully tiled flooring and walls.

Agent Details

Maguire Jackson, Birmingham

0121 387 6401

Next Steps?

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