3 Bed Terraced House, Single Let, Smethwick, B66 4AN, £220,000

122-123 Poplar Road, Smethwick, B66 4AP - 2 views - a year ago

BTL
ROI: 3%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£157.5K - £400K
Sold Prices/m²£1.7K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£240,369
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£850 - £3,000

Rent Estimate

£1,063

Running Costs/mo

£920

Cashflow/mo

£143

Cashflow/yr

£1,715

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £157.5K to £400K, average is £262.5K. £1.7K/m² to £4.4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£235K12/220.08 mi31, Poplar Road, Smethwick, West Midlands B66 4AW3
£210K08/210.08 mi99, Poplar Road, Smethwick, West Midlands B66 4AW3
£329K06/210.13 mi43, Willow Avenue, Edgbaston, Birmingham, West Midlands B17 8HP3
£380K09/220.14 mi52, Willow Avenue, Edgbaston, Birmingham, West Midlands B17 8HD3
£275K07/210.14 mi13, St Marys Road, Bearwood, Smethwick, West Midlands B67 5DG3
£298.3K03/230.14 mi11, St Marys Road, Bearwood, Smethwick, West Midlands B67 5DG3
£243.5K12/220.18 mi37, Herbert Road, Smethwick, West Midlands B67 5DD3
£291K11/220.18 mi61, Lightwoods Road, Smethwick, West Midlands B67 5BD3
£325K05/230.19 mi21, Herbert Road, Smethwick, West Midlands B67 5DD3
£247K07/210.19 mi18, Herbert Road, Smethwick, West Midlands B67 5DD3
£308K10/200.19 mi32, Herbert Road, Smethwick, West Midlands B67 5DD3
£270K05/210.19 mi17, Herbert Road, Smethwick, West Midlands B67 5DD3
£308.5K07/230.19 mi31, Herbert Road, Smethwick, West Midlands B67 5DD3
£221K09/220.2 mi32, Merrivale Road, Smethwick, West Midlands B66 4EJ3
£235K05/210.2 mi193, Lightwoods Road, Smethwick, West Midlands B67 5AZ3
£255K10/230.2 mi155, Lightwoods Road, Smethwick, West Midlands B67 5AZ3
£289.9K03/210.2 mi162, Lightwoods Road, Smethwick, West Midlands B67 5AZ3
£242.5K11/210.21 mi123, Lightwoods Road, Smethwick, West Midlands B67 5BE3
£163K11/200.23 mi19, Belmont Road, Smethwick, West Midlands B66 4EL3
£285K06/210.24 mi54, Milcote Road, Smethwick, West Midlands B67 5BQ3
£280K02/210.24 mi50, Milcote Road, Smethwick, West Midlands B67 5BQ3
£235K02/210.24 mi156, Milcote Road, Smethwick, West Midlands B67 5BW3
£237.5K08/230.28 mi80, Milcote Road, Smethwick, West Midlands B67 5BG3
£292.9K06/210.28 mi73, Milcote Road, Smethwick, West Midlands B67 5BG3
£293K03/210.28 mi88, Milcote Road, Smethwick, West Midlands B67 5BG3
£179.9K11/210.28 mi6, Ethel Street, Bearwood, Smethwick, West Midlands B67 5AL3
£162K09/210.3 mi9, Weston Road, Bearwood, Smethwick, West Midlands B67 5HH3
£275K07/230.3 mi1, Weston Road, Bearwood, Smethwick, West Midlands B67 5HH3
£310K06/230.31 mi17, Wadhurst Road, Birmingham, West Midlands B17 8JF3
£315K03/210.31 mi19, Wadhurst Road, Birmingham, West Midlands B17 8JF3
£181.5K04/210.33 mi146, Wigorn Road, Smethwick, West Midlands B67 5HL3
£275K06/230.33 mi49, Bishopton Road, Smethwick, West Midlands B67 5DU3
£230.5K09/230.33 mi20, Rawlings Road, Smethwick, West Midlands B67 5AA3
£157.5K12/200.34 mi115, Wigorn Road, Smethwick, West Midlands B67 5HF3
£190K08/230.34 mi15, Rawlings Road, Smethwick, West Midlands B67 5AD3
£260K12/220.35 mi44, Wadhurst Road, Birmingham, West Midlands B17 8JE3
£210K01/230.35 mi109, Rawlings Road, Smethwick, West Midlands B67 5AD3
£160K12/200.35 mi178, Merrivale Road, Smethwick, West Midlands B66 4EA3
£190K10/220.35 mi188, Merrivale Road, Smethwick, West Midlands B66 4EA3
£265K05/210.37 mi187, Willow Avenue, Edgbaston, Birmingham, West Midlands B17 8HJ3
£400K06/210.39 mi3, Bernard Road, Birmingham, West Midlands B17 8LP3
£252K12/200.39 mi21, Bernard Road, Birmingham, West Midlands B17 8LP3
£277K01/210.39 mi17, Bernard Road, Birmingham, West Midlands B17 8LP3
£296K03/210.39 mi19, Lightwoods Hill, Smethwick, West Midlands B67 5DY3
£310K12/220.39 mi13, Lightwoods Hill, Smethwick, West Midlands B67 5DY3
£194K08/210.4 mi153, Park Road, Smethwick, West Midlands B67 5HU3
£260K07/210.4 mi108, Park Road, Smethwick, West Midlands B67 5HT3
£299.9K03/230.4 mi136, Park Road, Smethwick, West Midlands B67 5HT3
£247K11/220.4 mi179, Park Road, Smethwick, West Midlands B67 5HU3
£305K11/220.41 mi49, Park Road, Smethwick, West Midlands B67 5HP3

Local Rents

32 rents from £850/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20002/250.03 mi-3
£1,15012/240.08 miPoplar Road, Smethwick3
£1,15003/250.09 mi-3
£99512/240.19 miSandon Road, Edgbaston, Birmingham, B17 8DT3
£1,35001/250.22 mi-3
£1,35004/250.22 mi-3
£1,35003/240.22 mi-3
£1,35012/240.22 miLightwoods Road, Smethwick, B673
£1,25012/240.24 miLightwoods Road, Bearwood, B67 5BH3
£1,27004/250.26 mi-3
£1,00004/250.38 mi-3
£1,20012/240.4 miPark Road, Smethwick, B673
£1,20012/240.4 mi-3
£1,10012/240.41 mi-3
£1,19512/240.42 miReginald Road, Smethwick3
£1,15012/240.44 miGalton Road, Smethwick, West Midlands, B673
£85012/240.44 miGalton Road, Bearwood, B673
£1,29512/240.46 miPale Lane, Harborne, Birmingham, B17 8RX3
£1,30012/240.46 miGalton Road, Bearwood, Birmingham, B67 5JX3
£3,00003/240.47 mi-3
£1,55012/240.47 miHunstanton Avenue, Birmingham, B173
£1,59502/250.47 mi-3
£1,20004/250.51 mi-3
£1,05012/240.54 miWestbury Road, Edgbaston, B17 8JH3
£1,35012/240.55 miHunstanton Avenue, Harborne, B173
£1,15003/250.55 mi-3
£1,15004/250.55 mi-3
£1,15012/240.58 miPortland Road, BIRMINGHAM3
£1,15012/240.58 miPortland Road, Edgbaston3
£1,00003/250.6 mi-3
£1,00004/250.6 mi-3
£97511/240.61 mi-3

Local Area Statistics

Population in B66

21,335

Population in Smethwick

51,344

Town centre distance

0.75 miles away

Nearest school

0.20 miles away

Nearest train station

1.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+32%

Property History

Listed for £220,000

November 20, 2023

Floor Plans

Description

  • THREE BEDROOMS +
  • EXTENDED MODERN FITTED KITCHEN +
  • GROUND FLOOR FAMILY WET ROOM +
  • LOFT CONVERSION +
  • TWO RECEPTION ROOMS +
  • PERMIT PARKING ON STREET +

SUMMARY
*Prime Properties In Smethwick!* Explore exceptional homes in Smethwick brought to you by Connells Bearwood ideal for families and investors. Act Fast- these opportunities won't last! *Contact Us Now *

DESCRIPTION
With great transport links easily accessible; local bus, tram, and train links, making commuting a breeze. The high street is just a short walk away, offering an array of shops, cafes, and amenities.

Perfectly situated in close proximity to the bustling Bearwood High Street, this exceptional abode offers unparalleled convenience. Embrace the vibrant energy of the city, while enjoying the tranquility of your own private oasis. Additionally, the esteemed Birmingham Midlands Super Hospital is just a stone's throw away, ensuring easy access to world-class healthcare facilities.

We are able to arrange a viewing of this stunning home - please call to book your appointment.

Ground Floor 

Reception Room One 
Double glazed window to front aspect, laminate flooring, ceiling light point and radiator.

Reception Room Two 
Double glazed patio door to garden, laminate flooring, ceiling light point and radiator.

Kitchen 
Modern fitted kitchen with range of base and wall units, integrated electric oven and four ring gas hob, cooker hood, double glazed window over sink to side aspect, tiled floor, painted walls with glass splashback, door to garden, integrated washing machine.

Wet Room 
Double glazed window to side aspect, fully tiled wet room with overhead shower, hand wash basin and W.C, radiator and ceiling light point.

First Floor 

Landing 
Doors leading to bedroom one and two, door to bathroom and access to storage cupboard.

Bedroom One 
Double glazed window to front aspect, laminate flooring, radiator and ceiling light point.

Bedroom Two  
Double glazed window to rear aspect, laminate flooring, radiator, ceiling light point and stairs to loft room.

Shower Room  
Frosted double glazed window to side aspect, tiled floor, shower cubicle, W.C , hand wash basin, radiator and ceiling light points.

Loft 

Bedroom Three 
Loft room, three Velux windows, storage cupboard, radiator, laminate flooring, and spotlights.

Garden 
Lawn with path to end of garden.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, B'ham West - Bearwood

0121 387 6256

Next Steps?

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