3 Bed Terraced House, Single Let, Birmingham, B32 3JH, £140,000

34 Culford Drive, Birmingham, West Midlands, B32 3JH - 5 views - a year ago

Sold STC
BTL
ROI: 8%
81 m²
+7 photos

ValuationUndervalued

Sold Prices£62.5K - £265K
Sold Prices/m²£743/m² - £4K/m²

 

 

Square Metres

81 m²
Price/m²£1.7K/m²

Value Estimate

£169,400
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£900 - £1,800

Rent Estimate

£900

Running Costs/mo

£638

Cashflow/mo

£263

Cashflow/yr

£3,150

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £62.5K to £265K, average is £180K. £743/m² to £4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£115K01/210 mi16, Culford Drive, Birmingham, West Midlands B32 3JH3
£115K01/210 mi16, Culford Drive, Birmingham, West Midlands B32 3JH3
£110K10/210.06 mi38, Malpas Drive, Birmingham, West Midlands B32 3QF3
£139K05/210.08 mi35, Malpas Drive, Birmingham, West Midlands B32 3QE3
£105K03/210.09 mi19, Adams Hill, Birmingham, West Midlands B32 3QJ3
£130K12/200.12 mi27, Field Lane, Bartley Green, Birmingham, West Midlands B32 3JT3
£238K01/230.14 mi43, Highmore Drive, Birmingham, West Midlands B32 3JY3
£215K11/200.14 mi22, Highmore Drive, Birmingham, West Midlands B32 3JY3
£170K12/230.15 mi8, Romsley Road, Birmingham, West Midlands B32 3QB3
£220K01/240.16 mi5, Willow Coppice, Birmingham, West Midlands B32 3JA3
£172.5K04/210.16 mi23, Willow Coppice, Birmingham, West Midlands B32 3JA3
£165K04/210.16 mi17, Willow Coppice, Birmingham, West Midlands B32 3JA3
£235K01/210.18 mi9, Jiggins Lane, Birmingham, West Midlands B32 3LE3
£225K07/230.19 mi24, Romsley Road, Birmingham, West Midlands B32 3PS3
£189K12/200.23 mi9, Scotland Lane, Birmingham, West Midlands B32 4BU3
£175K03/240.24 mi34, Pickering Croft, Birmingham, West Midlands B32 3LN3
£231K06/230.25 mi9, The Knoll, Birmingham, West Midlands B32 3HZ3
£210K06/210.26 mi105, Jiggins Lane, Birmingham, West Midlands B32 3LD3
£170K06/230.26 mi126, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£180K08/210.26 mi130, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£247.5K03/230.28 mi18, Hightree Close, Birmingham, West Midlands B32 3QP3
£160K06/230.28 mi16, Tantallon Drive, Birmingham, West Midlands B32 3LT3
£179K02/210.3 mi121, Jiggins Lane, Birmingham, West Midlands B32 3EL3
£192K07/230.32 mi224, Adams Hill, Birmingham, West Midlands B32 3PJ3
£167.5K09/210.32 mi123, Ambleside, Birmingham, West Midlands B32 3HX3
£166K06/230.32 mi6, Monmouth Road, Birmingham, West Midlands B32 3LX3
£181K03/230.33 mi15, Kingsbridge Road, Birmingham, West Midlands B32 3EU3
£160K12/200.33 mi9, Green Drive, Birmingham, West Midlands B32 3HU3
£250K05/230.33 mi174, Jiggins Lane, Birmingham, West Midlands B32 3EN3
£155K05/230.34 mi235, Cromwell Lane, Northfield, Birmingham, West Midlands B31 1AX3
£173K02/240.34 mi229, Cromwell Lane, Northfield, Birmingham, West Midlands B31 1AX3
£180K09/210.34 mi21, Athol Close, Bartley Green, Birmingham, West Midlands B32 3NH3
£186.7K12/200.34 mi64, Hasbury Road, Birmingham, West Midlands B32 4ED3
£62.5K01/210.36 mi24, Wolverley Road, Birmingham, West Midlands B32 4EH3
£188K11/230.36 mi5, Carmel Grove, Birmingham, West Midlands B32 3PL3
£95K02/210.41 mi8, Flavell Close, Birmingham, West Midlands B32 3NY3
£230K09/210.41 mi5, Flavell Close, Birmingham, West Midlands B32 3NY3
£265K05/240.41 mi3, Flavell Close, Birmingham, West Midlands B32 3NY3
£147K05/240.41 mi29, Vinnall Grove, Birmingham, West Midlands B32 4EJ3
£243K12/200.43 mi4, Fernwoods, Birmingham, West Midlands B32 3RL3
£175K12/200.43 mi226, Jiggins Lane, Birmingham, West Midlands B32 3ER3
£246K11/220.43 mi204, Jiggins Lane, Birmingham, West Midlands B32 3ER3
£215K01/230.43 mi201, Field Lane, Bartley Green, Birmingham, West Midlands B32 4HL3
£230K01/230.43 mi25, Trimpley Road, Birmingham, West Midlands B32 3PE3
£172.5K06/210.44 mi34, Trippleton Avenue, Birmingham, West Midlands B32 4DE3
£152K10/230.44 mi15, Windsor View, Birmingham, West Midlands B32 4DB3
£240K03/230.44 mi54, Windsor View, Birmingham, West Midlands B32 4DB3
£230K10/210.46 mi24, Heathy Farm Close, Birmingham, West Midlands B32 3PA3
£184K11/200.47 mi27, Trippleton Avenue, Birmingham, West Midlands B32 4DG3
£205.5K01/240.47 mi6, Smiths Close, Birmingham, West Midlands B32 3NZ3

Local Rents

52 rents from £900/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.23 miBigwood Drive, Birmingham, West Midlands, B323
£1,15012/240.23 miBigwood Drive, Birmingham, West Midlands, B323
£1,00012/240.32 miAmbleside, Bartley Green, B323
£1,49512/240.32 mi-3
£1,10003/250.4 mi-3
£1,15003/250.5 mi-3
£1,15004/250.5 mi-3
£1,65003/250.53 mi-3
£90012/240.59 miMoors Lane, Northfield, B313
£1,20012/240.74 miCromwell Lane, BIRMINGHAM3
£1,70002/250.79 mi-3
£1,80003/250.79 mi-3
£1,00012/240.79 mi-3
£1,25012/240.8 miHomedene Road, Birmingham, B31 1EW3
£1,10001/240.83 mi-3
£1,05003/250.88 mi-3
£1,29512/240.88 miDavena Drive, Quinton, Birmingham3
£1,29512/240.88 miDavena Drive, Quinton, Birmingham3
£1,29512/240.88 miDavena Drive, Quinton, Birmingham3
£1,25012/240.88 miDavena Drive, Quinton, Birmingham3
£1,10012/240.88 miForsythia Close, BIRMINGHAM3
£1,10012/240.88 miForsythia Close, Northfield3
£1,40012/240.89 miThe Dell, Northfield, B313
£1,20002/250.9 mi-3
£90012/240.9 miKewstoke Croft, Northfield, Birmingham, West Midlands, B31 1JG3
£1,39903/250.93 mi-3
£1,30001/240.94 mi-3
£1,25012/240.97 miShenley Lane, Birmingham, B293
£1,15001/250.97 mi-3
£1,25002/241 mi-3
£1,26001/251 mi-3
£1,04512/241.04 miAckleton Grove, Birmingham, B29 3
£1,20012/241.04 mi-3
£1,20012/241.04 mi-3
£1,10512/241.06 miIlmington Road, Birmingham3
£1,10512/241.06 mi14 Ilmington Road, Selly Oak, Birmingham3
£1,25002/241.06 mi-3
£1,25002/241.06 mi-3
£1,30003/251.07 mi-3
£1,35001/241.09 mi-3
£1,26003/251.09 mi-3
£95012/241.11 miPeach Ley Road, Selly Oak, B293
£1,20012/241.11 miSomerford Road, Birmingham, B293
£1,30012/241.12 mi-3
£1,17512/241.12 mi-3
£1,20003/251.12 mi-3
£1,00012/241.12 miMarston Road, Birmingham3
£1,10012/241.13 miAlwold Road, Weoley Castle, Birmingham3
£1,10002/241.15 mi-3
£1,10002/241.15 mi-3
£1,10002/241.15 mi-3
£1,25002/241.17 mi-3

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.39 miles away

Nearest school

0.10 miles away

Nearest train station

2.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £140,000

March 13, 2024

Sold for £112,000

2017

Sold for £38,000

1995

Floor Plans

Description

  • Three bedroom mid-terraced property +
  • Front and rear gardens +
  • Great location +
  • Three good sized bedrooms +
  • Perfect for first time buyers or buy to let +
  • Commutable distance to the Queen Elizabeth Hospital +

SUMMARY
* THREE BEDROOM MID-TERRACED PROPERTY * POPULAR RESIDENTIAL AREA * COMMUTABLE DISTANCE TO THE QUEEN ELIZABETH HOSPITAL * THREE GOOD SIZED BEDROOMS * FRONT AND REAR GARDENS * GREAT INVESTMENT OPPORTUNITY OR FIRST TIME BUY ***

DESCRIPTION
This three bedroom mid-terraced property is situated in a popular residential area of Bartley Green. Within a commutable distance to the Queen Elizabeth Hospital and Newman University, the property is located near to lots of local shops and amenities for all needs. It is also within the catchment area of a range of schools for all ages, making this property a perfect family home, first time home, or buy to let investment.

The property comprises in more detail: Front garden on approach to the property. Entrance porch, through to entrance hall which gives access to the lounge, kitchen and rear garden. To the first floor, three bedrooms and family bathroom.

This is a great property in its location, is being offered with no onward chain, and would make for a great investment property or first time purchase. Viewing is highly recommended.

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Agent Note 
The council tax band is A

Entrance Porch  

Entrance Hall 

Lounge 15' 2" x 15' 9" ( 4.62m x 4.80m )
Double glazed window and door to rear, warm air flow heating.

Kitchen 9' 9" x 11' 4" ( 2.97m x 3.45m )
Double glazed window to front, fitted wall and base units, sink/drainer, electric oven, hob and washing machine.

Bedroom One 9' 3" x 12' 8" ( 2.82m x 3.86m )
Double glazed window to front.

Bedroom Two 9' 4" x 8' 8" ( 2.84m x 2.64m )
Double glazed window to rear.

Bedroom Three 9' 5" x 6' 9" ( 2.87m x 2.06m )
Double glazed window to rear, loft access and built-in cupboard.

Bathroom 
Window to front, bath with shower over, wc and sink.

Rear Garden 
Rear access, patio and lawn.

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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Shipways, Harborne

0121 387 6295

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪