This property was removed from Dealsourcr.
3 Bed Detached House, Single Let, Solihull, B94 5DN, £950,000
Broad Lane, Tanworth in Arden, B94 5DN - 2 years ago
Sold STC
BTL
~93 m²





+25 photos
ValuationOvervalued
Sold Prices | £355K - £1.2M |
Sold Prices/m² | £2.5K/m² - £6.1K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £10.2K/m² |
Value Estimate | £383,359 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £237,500 |
Stamp Duty & Legal Fees | £65,950 |
Total Cash In | £303,450 |
| |
Cash Out | |
Rent Range | £433 - £7,000 |
Rent Estimate | £783 |
Running Costs/mo | £3,145 |
Cashflow/mo | £-2,362 |
Cashflow/yr | £-28,348 |
Gross Yield | 1% |
Local Sold Prices
20 sold prices from £355K to £1.2M, average is £541K. £2.5K/m² to £6.1K/m², average is £3.9K/m².
Local Rents
33 rents from £433/mo to £7K/mo, average is £1.6K/mo.
Local Area Statistics
Population in B94 | 7,291 |
Population in Solihull | 141,829 |
Town centre distance | 6.91 miles away |
Nearest school | 0.90 miles away |
Nearest train station | 0.31 miles away |
| |
Rental growth (12m) | +30% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +11% |
Property History
Listed for £950,000
October 4, 2023
Floor Plans

Description
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