5 Bed HMO, Oldbury, B68 8PG, £269,000





ValuationUndervalued
Sold Prices | £220K - £1.4M |
Sold Prices/m² | £1.3K/m² - £8K/m² |
| |
Square Metres | 179 m² |
Price/m² | £1.5K/m² |
Value Estimate | £332,750£332,750 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £67,250£67,250 |
Stamp Duty & Legal Fees | £10,700£10,700 |
Total Cash In | £77,950£77,950 |
| |
Cash Out | |
Room Rate | £529£529 |
Gross Rent | £2,645£2,645 |
Running Costs/mo | £1,952£1,952 |
Cashflow/mo | £693£693 |
Cashflow/yr | £8,321£8,321 |
ROI | 11%11% |
Gross Yield | 12%12% |
Local Sold Prices
50 sold prices from £220K to £1.4M, average is £379K. £1.3K/m² to £8K/m², average is £2.6K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£310K | 12/20 | 0.18 mi | 201, Farm Road, Oldbury, West Midlands B68 8PN | £2,296 | 135 | 5 | Semi-Detached House | |
£600K | 04/21 | 0.35 mi | 68, Brandhall Road, Oldbury, West Midlands B68 8DT | £2,083 | 288 | 5 | Detached House | |
£430K | 09/21 | 0.35 mi | 64, Brandhall Road, Oldbury, West Midlands B68 8DT | - | - | 5 | Detached House | |
£373K | 06/21 | 0.54 mi | 82, Woodnorton Road, Rowley Regis, West Midlands B65 0QZ | £2,743 | 136 | 5 | Detached House | |
£322.5K | 02/22 | 0.63 mi | 15, Broadway Croft, Oldbury, West Midlands B68 9DJ | £3,395 | 95 | 5 | Detached House | |
£220K | 06/21 | 0.77 mi | 2, Giles Road, Oldbury, West Midlands B68 8JJ | £2,200 | 100 | 5 | Semi-Detached House | |
£455K | 11/22 | 0.82 mi | 15, St Marks Road, Smethwick, West Midlands B67 6QF | £2,178 | 209 | 5 | Detached House | |
£440K | 10/22 | 0.84 mi | 25, Smith Close, Smethwick, West Midlands B67 6LU | - | - | 5 | Detached House | |
£335K | 08/23 | 0.85 mi | 51, William Road, Smethwick, West Midlands B67 6LN | - | - | 5 | Terraced House | |
£335K | 09/21 | 0.88 mi | 83, Trinder Road, Smethwick, West Midlands B67 5NX | - | - | 5 | Semi-Detached House | |
£475K | 01/23 | 0.92 mi | 2, Edward Road, Oldbury, West Midlands B68 0LY | - | - | 5 | Terraced House | |
£315K | 12/22 | 0.95 mi | 204, Hales Lane, Smethwick, West Midlands B67 6RH | £1,981 | 159 | 5 | Semi-Detached House | |
£253K | 09/21 | 1.1 mi | 131, Londonderry Lane, Smethwick, West Midlands B67 7EL | £2,720 | 93 | 5 | Semi-Detached House | |
£313K | 01/21 | 1.18 mi | 6, Elm Croft, Oldbury, West Midlands B68 0BQ | £5,589 | 56 | 5 | Semi-Detached House | |
£425K | 12/22 | 1.19 mi | 2, Oak Road, Oldbury, West Midlands B68 0BE | - | - | 5 | Semi-Detached House | |
£288K | 02/21 | 1.22 mi | 20, Monckton Road, Oldbury, West Midlands B68 0QX | £2,250 | 128 | 5 | Semi-Detached House | |
£295K | 11/20 | 1.38 mi | 753, Hagley Road West, Birmingham, West Midlands B32 1DN | £2,360 | 125 | 5 | Semi-Detached House | |
£440K | 10/23 | 1.39 mi | 20, Clydesdale Road, Quinton, Birmingham, West Midlands B32 1DP | - | - | 5 | Semi-Detached House | |
£243.3K | 05/21 | 1.41 mi | 20, Bell End, Rowley Regis, West Midlands B65 9LX | £2,457 | 99 | 5 | Terraced House | |
£475K | 10/20 | 1.51 mi | 24, Lightwoods Hill, Smethwick, West Midlands B67 5EA | £2,500 | 190 | 5 | Semi-Detached House | |
£590K | 08/22 | 1.51 mi | 14, Lightwoods Hill, Smethwick, West Midlands B67 5EA | £3,410 | 173 | 5 | Semi-Detached House | |
£356K | 12/20 | 1.58 mi | 7, Forster Street, Smethwick, West Midlands B67 7LX | £1,835 | 194 | 5 | Detached House | |
£262.5K | 06/21 | 1.6 mi | 220, Ridgacre Road, Quinton, Birmingham, West Midlands B32 1JR | £2,652 | 99 | 5 | Semi-Detached House | |
£480K | 03/22 | 1.6 mi | 21, Stanley Avenue, Birmingham, West Midlands B32 2HB | £5,854 | 82 | 5 | Detached House | |
£420K | 09/21 | 1.67 mi | 28, Norman Avenue, Birmingham, West Midlands B32 2EX | - | - | 5 | Semi-Detached House | |
£315K | 12/20 | 1.67 mi | 55, Goodrest Avenue, Halesowen, West Midlands B62 0HR | £2,386 | 132 | 5 | Terraced House | |
£435K | 05/21 | 1.69 mi | 106, Ross, Rowley Regis, West Midlands B65 8DY | £1,768 | 246 | 5 | Detached House | |
£440K | 11/22 | 1.7 mi | 21, Glaslyn Avenue, Rowley Regis, West Midlands B65 8EG | - | - | 5 | Detached House | |
£370K | 08/21 | 1.7 mi | 11, Glaslyn Avenue, Rowley Regis, West Midlands B65 8EG | - | - | 5 | Detached House | |
£980K | 10/22 | 1.71 mi | 61, Hagley Road West, Birmingham, West Midlands B17 8AE | £3,936 | 249 | 5 | Detached House | |
£365K | 08/21 | 1.71 mi | 21, Millpool Way, Smethwick, West Midlands B66 4HW | £8,020 | 46 | 5 | Detached House | |
£365K | 08/21 | 1.71 mi | 21, Millpool Way, Smethwick, West Midlands B66 4HW | £8,020 | 46 | 5 | Detached House | |
£248K | 11/20 | 1.79 mi | 19, Highfield Crescent, Rowley Regis, West Midlands B65 0BZ | £1,824 | 136 | 5 | Detached House | |
£325K | 03/21 | 1.79 mi | 33, Frankley Avenue, Halesowen, West Midlands B62 0EA | £2,539 | 128 | 5 | Semi-Detached House | |
£293K | 02/21 | 1.8 mi | 61, Edgbaston Road, Smethwick, West Midlands B66 4LG | £1,258 | 233 | 5 | Semi-Detached House | |
£610K | 04/21 | 1.81 mi | 17, Cardinal Close, Birmingham, West Midlands B17 8EU | £3,742 | 163 | 5 | Detached House | |
£575K | 06/21 | 1.81 mi | 22, Cardinal Close, Birmingham, West Midlands B17 8EU | £3,194 | 180 | 5 | Detached House | |
£402.4K | 06/21 | 1.84 mi | 56, Stuart Road, Halesowen, West Midlands B62 0EB | - | - | 5 | Detached House | |
£422K | 03/21 | 1.84 mi | 5, Barnsley Road, Birmingham, West Midlands B17 8EB | £1,972 | 214 | 5 | Semi-Detached House | |
£360K | 01/23 | 1.85 mi | 23, Poplar Avenue, Edgbaston, Birmingham, West Midlands B17 8EG | £2,835 | 127 | 5 | Semi-Detached House | |
£385K | 11/21 | 1.85 mi | 63, Frankley Avenue, Halesowen, West Midlands B62 0DX | £3,407 | 113 | 5 | Semi-Detached House | |
£220K | 11/21 | 1.89 mi | 67, Claremont Road, Smethwick, West Midlands B66 4JY | £1,459 | 151 | 5 | Terraced House | |
£400K | 08/21 | 1.89 mi | 150, Poplar Avenue, Edgbaston, Birmingham, West Midlands B17 8ER | £1,633 | 245 | 5 | Detached House | |
£535K | 10/22 | 1.9 mi | 85, Kent Road, Halesowen, West Midlands B62 8PB | - | - | 5 | Detached House | |
£527K | 10/22 | 1.92 mi | 75, Sandon Road, Birmingham, West Midlands B17 8DT | £2,635 | 200 | 5 | Detached House | |
£575K | 07/23 | 1.94 mi | 38, King Charles Road, Halesowen, West Midlands B62 0DR | £7,372 | 78 | 5 | Semi-Detached House | |
£1.1M | 12/20 | 1.94 mi | 1b, Blakeney Avenue, Birmingham, West Midlands B17 8AP | £5,641 | 195 | 5 | Detached House | |
£255K | 10/21 | 1.98 mi | 73, Doulton Drive, Smethwick, West Midlands B66 1RA | - | - | 5 | Detached House | |
£255K | 10/21 | 1.98 mi | 73, Doulton Drive, Smethwick, West Midlands B66 1RA | - | - | 5 | Detached House | |
£1.4M | 04/23 | 1.99 mi | 57, Croftdown Road, Birmingham, West Midlands B17 8RE | £4,306 | 317 | 5 | Detached House |
Local Area Statistics
Population in B68 | 30,92430,924 |
Population in Oldbury | 59,93559,935 |
Town centre distance | 0.79 miles away0.79 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.86 miles away0.86 miles away |
| |
Rental growth (12m) | +7%+7% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +49%+49% |
Property History
Price changed to £269,000
December 4, 2024
Listed for £275,000
March 14, 2024
Sold for £180,000
2007
Sold for £137,500
2003
Description
- 5 Bedroom +
- View Now +
- Large front garden with off street parking +
- Great Transport links +
- Chain Free +
- Situated in a loverly quiet location +
- Double glazed windows +
- Central Heating +
Detached 5 bedroom dormer bungalow. Situated in a loverly quiet location. Large front garden with off street parking. Great Transport links Chain Free. An opportunity to acquire a very spacious detached dormer bungalow offering accommodation on two floors, 5 bedroom property with good size bedrooms each having the opportunity to add an en-suite/toilet/shower room. Location of the property is ideal as it is situated in a quiet cul-de-sac location which looks over to the local area towards Blackheath and Rowley Regis. Good local transport services with links to Birmingham City Centre. There are train stations located within 2 miles of the property with links from Rowley Regis and Sandwell and Dudley giving a great commuter link. Local shopping facilities are situated at the traffic island junction at the top of Pound Road with Moat Road, Bristnall Hall Road and George Road With it been a good sized five-bedroomed accommodation it is suitable for family occupation or an HMO subject to licensing with the local authority. The constructed in brick with roughcast rendering surmounted by a well-pitched roof. Set back from the roadside behind a substantial garden with full-width off-road parking area to front, steps extend past two separate garden areas the lower terrace being lawned and steps extend up to higher terrace with lawn and slabbed pathway with borders containing mature shrubs and screening Conifers to neighbours. Storm Porch Entrance UPVC entrance door with obscure glazed panel, separate door with two sealed double glazed units to the rear providing access into rear garden. Ceramic tiled flooring, part-leaded obscure double glazed UPVC door with obscure glazed side panels leading onto L-Shaped Reception Hall Central heating radiator, storage cupboard off which has plumbing installed for automatic washing machine. W.C. UPVC tongue-and-groove walls with close coupled W.C. and toilet cistern. Lounge - 11'2 20'8 (3.41m x 6.32m) Central archway, laminate flooring, two central heating radiators, Seimans central heating time clock control and combined thermostat, double glazed French doors opening onto rear garden with side panel double glazed windows. Velux window and box. Storage area off with double glazed window and wall mounted Worcester central heating boiler with built-in thermostatic controls. Double doors connecting to Kitchen - 5'6 x 14'11 (1.68m x 4.56m) Range of modern Oak woodgrain effect fronted kitchen cupboards to one wall, integrated Miele fan assisted electric oven with four ring gas hob over, space for fridge/freezer, black granite effect worktop surfaces with rolled edges containing inset single drainer sink unit and mixer tap, two double glazed windows to side elevation and two matching high level wall-mounted storage cupboards. Bedroom 3 (Rear) - 10'11 x 10'8 (3.35m x 3.27m) Double glazed window, laminate flooring, Ensuite with uPVC walls, close coupled W.C. and extractor fan (currently used as storage) Bedroom 4 (Front) - 9'4 x 13'6 (2.87m x 4.14m) Double glazed window to front, laminate flooring, central heating radiator, Ensuite Shower Wet Room Marble effect tongue-and-groove wall, wall mounted thermostatic shower mixer valve with shower head, wall-mounted wash-hand basin with mixer tap, close coupled W.C. and toilet cistern, double glazed window to side. Bedroom 5 (Front) - 12'9 x 9'3 (3.91m x 2.83m) Double glazed window, central heating radiator, laminate flooring - W.C. off with uPVC marble effect tongue-and-groove wall covering, plumbing installed for W.C. and wash-hand basin (not currently connected). Winding staircase leading from Reception Hall into First Floor Landing with Velux roof light, off which leads Bedroom 1 (Front) - 16'5 x 8'2 min x 14' x 6'9 min (5.02m x 2.50m min x 4.28m max x 2.06m) Double glazed window, central heating radiator, laminate flooring, Velux window to side elevation. Ensuite Shower Wet Room Plumbing installed for shower mixer valve, wall-mounted wash-hand basin and W.C. (all not fitted). Velux window to side elevation and extractor fan. Bedroom 2 (Rear) - 15'1 max x 12'6 max (4.62m x 3.82m) Double glazed window to rear, Velux window to side Ensuite Shower Wet Room uPVC marble effect tongue-and-groove wall covering, thermostatic shower mixer valve, wall-mounted wash-hand basin (not connected) close coupled W.C. and toilet cistern. Velux window to side elevation and extractor fan to ceiling. Bathroom - 6'9 x 5'10 (2.06m x 1.80m) White panelled bath with shower mixer valve mounted on wall bracket, pedestal wash-hand basin, close coupled W.C. and toilet cistern, wall-mounted radiator, uPVC marble effect tongue-and-groove wall panelling, Velux window to side elevation, extractor fan to ceiling. *Size approximate PLEASE NOTE - There is no signed off paperwork for the extention to the propertywhich was done about 15 years ago please contact us for more information regarding this