Kings Road, Kingstanding, Birmingham, B44 0SD - 17 views - 3 months ago
Listed for £140,000
February 13, 2024
THREE BEDROOM HOUSE +
MID-TERRACED +
OFF ROAD PARKING +
REQUIRES A FULL RENOVATION +
NO UPWARD CHAIN +
SUMMARY
Set a few miles North of Birmingham City Centre this property is a fantastic purchase for an investor/property developer. The property has absolutely fantastic transport links and has Kingstanding Circle nearby with many amenities to offer. There is parking with the three bedroom house but no chain.
DESCRIPTION
This property briefly comprises of an entrance hall, lounge, separate dining room, fitted kitchen, first floor landing, family bathroom and three good sized bedrooms. There is a driveway for two vehicles and a good sized rear garden with a shared entry to access from the front.
Agents Note
Please note that the current EPC rating is F, this means that any investor looking to purchase with Buy To Let Mortgage, shall be unable to do so.
Frontage
Tarmac driveway for two vehicles and a declined pathway leading to the door from the public footpath.
Entrance Halll
Main front door, stairs to first floor, and doors leading to the both receptions.
Lounge 13' 11" max x 12' 4" into recess ( 4.24m max x 3.76m into recess )
Window to the rear, under stairs storage cupboard housing gas & elec meters, and doors leading into the entrance hall and kitchen.
Dining Room 13' 6" into bay x 11' 11" into recesses ( 4.11m into bay x 3.63m into recesses )
Original sash bay front window, wall lights and a door leading into the hallway.
Kitchen 9' 1" x 6' 1" max ( 2.77m x 1.85m max )
Window to the side and rear, and a door leading gout into the rear garden, sink & drainer with Hot & Cold taps, space & plumbing for washing machine, wall and base units with surfaces over, door into the lounge and a storage cupboard, and an electrical cooker point.
First Floor Landing
Doors leading into the bedrooms and family bathroom, and stairs leading down into the entrance hall.
Master Bedroom 13' 1" maqx x 9' 5" max ( 3.99m maqx x 2.87m max )
Window to the rear, and an original feature fire place.
Bedroom Two 13' max x 9' 5" max ( 3.96m max x 2.87m max )
Window to the front, original feature fireplace.
Bedroom Three 8' 11" x 7' 6" ( 2.72m x 2.29m )
Window to the front.
Family Bathroom
Obscure original sash window to the rear, high level wc, ceramic pedestal wash hand basin, storage cupboard housing the immersion heat and a fitted panel bath with a fitted electric shower over.
Rear Garden
Concrete & Slabbed patio opening up to a large lawn of which holds a standard wooden shed. To the borders are a mixture of hedges, mature trees and panel fencing.
Disclaimer
This property is being sold on behalf of a corporate client. It is marketed subject to to obtaining the Grant of Probate and must remain on the market until contracts are exchanged. As part of a deceased's estate it may no be possible to provide answers to the standard property questionnaire. Please refer to the agent before viewing if you feel this may affect your buying decision.
Disclaimer
Please note any services, heating system or appliances have not been tested, and no warranty can be given or implied to their working order.
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.
Population in B44 | 37,447 |
Population in Birmingham | 1,034,821 |
Town centre distance | 5.90 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.59 miles away |
| |
Rental growth (12m) | -5% |
Sales demand | Seller's market |
Capital growth (5yrs) | +30% |
Cash In | |
Deposit (25%) | £35,000 |
Stamp duty & legals | £5,400 |
Refurb costs | £36,800 |
Total cash in | £77,200 |
| |
Cash Out | |
Monetisation | Rent OutFlip |
Rent range | £950 - £1,450 |
Rent estimate | £1,031 |
Revaluation | £256,011 |
New mortgage | £182,200 |
Cash left in | £2,225 |
Running costs/mo | £985 |
Cashflow/mo | £46 |
Cashflow/yr | £552 |
ROI | 25% |
Gross yield | 9% |
25 rents
Rent | Date | Distance | Address | Beds | Type | |
£1,100 | 01/24 | 0.15 mi | - | 3 | Semi-Detached House | |
£1,100 | 01/24 | 0.15 mi | - | 3 | Semi-Detached House | |
£995 | 02/24 | 0.17 mi | Bendall Road, Kingstanding, B44 | 3 | Detached House | |
£995 | 03/24 | 0.17 mi | Bendall Road, Kingstanding, B44 | 3 | Detached House | |
£1,100 | 03/24 | 0.22 mi | Twickenham Road, Kingstanding, B44 | 3 | Flat | |
£950 | 12/23 | 0.25 mi | - | 3 | Semi-Detached House | |
£950 | 12/23 | 0.25 mi | - | 3 | Semi-Detached House | |
£1,250 | 03/24 | 0.3 mi | Elswick Road, Birmingham | 3 | Terraced House | |
£1,450 | 02/24 | 0.31 mi | - | 3 | Detached House | |
£1,250 | 03/24 | 0.35 mi | Twickenham Road, Birmingham, B44 | 3 | Terraced House | |
£1,100 | 02/24 | 0.35 mi | Caxton Grove, Birmingham, West Midlands, B44 | 3 | Detached House | |
£1,060 | 02/24 | 0.36 mi | - | 3 | Semi-Detached House | |
£1,060 | 02/24 | 0.36 mi | - | 3 | Semi-Detached House | |
£950 | 02/24 | 0.4 mi | - | 3 | Semi-Detached House | |
£995 | 03/24 | 0.41 mi | Kings Road, Kingstanding, Birmingham, West Midlands | 3 | Terraced House | |
£1,250 | 02/24 | 0.49 mi | Banners Gate Road, Sutton Coldfield, West Midlands, B73 | 3 | Detached House | |
£1,350 | 03/24 | 0.49 mi | - | 3 | Semi-Detached House | |
£1,000 | 11/23 | 0.52 mi | - | 3 | Terraced House | |
£1,300 | 02/24 | 0.52 mi | - | 3 | Semi-Detached House | |
£1,300 | 05/24 | 0.52 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/24 | 0.53 mi | Jockey Road, Boldmere, Sutton Coldfield, West Midlands, B73 | 3 | Detached House | |
£1,150 | 03/24 | 0.56 mi | - | 3 | Terraced House | |
£1,150 | 01/24 | 0.56 mi | Danesbury Crescent, Birmingham, B44 | 3 | Flat | |
£1,300 | 12/23 | 0.61 mi | - | 3 | Terraced House | |
£1,250 | 02/24 | 0.62 mi | George Frederick Road, Sutton Coldfield, West Midlands, B73 | 3 | Detached House |
Sold prices | £145K - £445K |
Sold prices/m² | £1,628/m² - £5,855/m² |
| |
Square metres | ~93 m² |
Price/m² | £1,505/m² |
Value estimate | £140,000 |
| |
End value, after refurb | £256,011 |
Uplift in value | +83% |
50 sold prices
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£196K | 09/23 | 0.09 mi | 218, Kings Road, Kingstanding, Birmingham, West Midlands B44 0SS | - | - | 3 | Terraced House | |
£175K | 06/23 | 0.11 mi | 20, Tottenham Crescent, Birmingham, West Midlands B44 0TA | - | - | 3 | Terraced House | |
£167K | 01/23 | 0.11 mi | 142, Parkeston Crescent, Birmingham, West Midlands B44 0PG | £2,141 | 78 | 3 | Semi-Detached House | |
£169K | 08/21 | 0.11 mi | 148, Parkeston Crescent, Birmingham, West Midlands B44 0PG | £2,315 | 73 | 3 | Terraced House | |
£157K | 10/21 | 0.11 mi | 209, Parkeston Crescent, Birmingham, West Midlands B44 0PG | £2,003 | 78 | 3 | Terraced House | |
£206K | 02/21 | 0.13 mi | 19, Leamount Drive, Birmingham, West Midlands B44 0SG | £2,575 | 80 | 3 | Semi-Detached House | |
£185K | 03/23 | 0.15 mi | 73, Bendall Road, Birmingham, West Midlands B44 0SN | - | - | 3 | Terraced House | |
£205K | 01/21 | 0.17 mi | 73, Kings Road, Sutton Coldfield, West Midlands B73 5AD | £2,440 | 84 | 3 | Semi-Detached House | |
£267K | 02/23 | 0.18 mi | 58, Honiley Drive, Sutton Coldfield, West Midlands B73 6RN | £3,105 | 86 | 3 | Terraced House | |
£312K | 05/23 | 0.18 mi | 44, Honiley Drive, Sutton Coldfield, West Midlands B73 6RN | £3,506 | 89 | 3 | Semi-Detached House | |
£232K | 11/20 | 0.18 mi | 62, Honiley Drive, Sutton Coldfield, West Midlands B73 6RN | £2,148 | 108 | 3 | Terraced House | |
£262K | 04/21 | 0.18 mi | 90, Honiley Drive, Sutton Coldfield, West Midlands B73 6RN | £2,758 | 95 | 3 | Semi-Detached House | |
£220K | 02/21 | 0.18 mi | 76, Honiley Drive, Sutton Coldfield, West Midlands B73 6RN | £2,619 | 84 | 3 | Terraced House | |
£270K | 07/23 | 0.18 mi | 52, Honiley Drive, Sutton Coldfield, West Midlands B73 6RN | - | - | 3 | Terraced House | |
£183K | 10/23 | 0.19 mi | 135, Parkeston Crescent, Birmingham, West Midlands B44 0PE | - | - | 3 | Semi-Detached House | |
£326.5K | 12/22 | 0.22 mi | 17, Roylesden Crescent, Sutton Coldfield, West Midlands B73 6RA | - | - | 3 | Semi-Detached House | |
£160K | 09/20 | 0.22 mi | 140, Twickenham Road, Birmingham, West Midlands B44 0NS | £1,720 | 93 | 3 | Terraced House | |
£198K | 07/23 | 0.22 mi | 142, Twickenham Road, Birmingham, West Midlands B44 0NS | - | - | 3 | Semi-Detached House | |
£182K | 05/23 | 0.23 mi | 75, Rivington Crescent, Birmingham, West Midlands B44 0PL | £2,427 | 75 | 3 | Semi-Detached House | |
£157.5K | 11/23 | 0.23 mi | 34, Banners Walk, Birmingham, West Midlands B44 0TD | £1,817 | 87 | 3 | Terraced House | |
£184K | 10/22 | 0.24 mi | 108, Welshmans Hill, Sutton Coldfield, West Midlands B73 6RS | £1,628 | 113 | 3 | Terraced House | |
£235K | 06/21 | 0.24 mi | 110, Welshmans Hill, Sutton Coldfield, West Midlands B73 6RS | £2,176 | 108 | 3 | Semi-Detached House | |
£240K | 07/23 | 0.24 mi | 52, Welshmans Hill, Sutton Coldfield, West Midlands B73 6RS | £2,857 | 84 | 3 | Semi-Detached House | |
£155K | 09/21 | 0.24 mi | 235, Finchley Road, Birmingham, West Midlands B44 0JX | - | - | 3 | Terraced House | |
£370K | 09/21 | 0.25 mi | 350, Chester Road North, Sutton Coldfield, West Midlands B73 6RP | £3,263 | 113 | 3 | Semi-Detached House | |
£245K | 04/21 | 0.26 mi | 24, Elizabeth Road, Sutton Coldfield, West Midlands B73 5AT | £2,753 | 89 | 3 | Semi-Detached House | |
£340K | 09/21 | 0.26 mi | 73, The Greenway, Sutton Coldfield, West Midlands B73 6SG | - | - | 3 | Semi-Detached House | |
£345K | 04/23 | 0.26 mi | 80, The Greenway, Sutton Coldfield, West Midlands B73 6SG | £4,255 | 81 | 3 | Semi-Detached House | |
£360K | 04/23 | 0.26 mi | 67, The Greenway, Sutton Coldfield, West Midlands B73 6SG | £3,711 | 97 | 3 | Semi-Detached House | |
£365K | 06/23 | 0.26 mi | 70, The Greenway, Sutton Coldfield, West Midlands B73 6SG | £3,288 | 111 | 3 | Semi-Detached House | |
£186K | 07/23 | 0.28 mi | 62, Parkeston Crescent, Birmingham, West Midlands B44 0PD | £2,044 | 91 | 3 | Terraced House | |
£193K | 01/23 | 0.29 mi | 32, Sidcup Road, Birmingham, West Midlands B44 0LG | £2,539 | 76 | 3 | Semi-Detached House | |
£150K | 02/21 | 0.29 mi | 48, Sidcup Road, Birmingham, West Midlands B44 0LG | £1,744 | 86 | 3 | Terraced House | |
£350K | 09/21 | 0.29 mi | 42, Greenway Drive, Sutton Coldfield, West Midlands B73 6SF | £3,737 | 94 | 3 | Detached House | |
£362.5K | 03/21 | 0.29 mi | 30, Greenway Drive, Sutton Coldfield, West Midlands B73 6SF | - | - | 3 | Detached House | |
£205K | 02/23 | 0.3 mi | 17, Edmonton Avenue, Birmingham, West Midlands B44 0XE | - | - | 3 | Terraced House | |
£153K | 11/20 | 0.3 mi | 64, Elswick Road, Birmingham, West Midlands B44 0JG | £1,962 | 78 | 3 | Terraced House | |
£165K | 03/21 | 0.3 mi | 73, Elswick Road, Birmingham, West Midlands B44 0JG | £2,171 | 76 | 3 | Semi-Detached House | |
£330K | 02/21 | 0.31 mi | 32, Warwick Road, Sutton Coldfield, West Midlands B73 6ST | £4,024 | 82 | 3 | Detached House | |
£345K | 09/22 | 0.31 mi | 34, Warwick Road, Sutton Coldfield, West Midlands B73 6ST | £4,392 | 79 | 3 | Detached House | |
£340K | 02/21 | 0.31 mi | 38, Lapworth Drive, Sutton Coldfield, West Midlands B73 6QG | - | - | 3 | Detached House | |
£445K | 08/23 | 0.31 mi | 26, Lapworth Drive, Sutton Coldfield, West Midlands B73 6QG | £5,855 | 76 | 3 | Detached House | |
£275K | 03/21 | 0.31 mi | 26, Lapworth Drive, Sutton Coldfield, West Midlands B73 6QG | £3,618 | 76 | 3 | Detached House | |
£283K | 07/22 | 0.32 mi | 61, Kings Road, Sutton Coldfield, West Midlands B73 5AB | - | - | 3 | Terraced House | |
£145K | 08/21 | 0.32 mi | 27, Hornsey Road, Birmingham, West Midlands B44 0JT | - | - | 3 | Terraced House | |
£170K | 01/23 | 0.32 mi | 41, Hornsey Road, Birmingham, West Midlands B44 0JT | - | - | 3 | Terraced House | |
£156.5K | 10/20 | 0.32 mi | 309, Kings Road, Kingstanding, Birmingham, West Midlands B44 0TE | £1,909 | 82 | 3 | Terraced House | |
£184K | 07/23 | 0.33 mi | 23, Finchley Road, Birmingham, West Midlands B44 0LD | - | - | 3 | Terraced House | |
£280K | 03/21 | 0.33 mi | 6, Hillhurst Road, Sutton Coldfield, West Midlands B73 6PU | £3,043 | 92 | 3 | Semi-Detached House | |
£175K | 03/23 | 0.33 mi | 1, Ensdon Grove, Birmingham, West Midlands B44 0QH | - | - | 3 | Semi-Detached House |