3 Bed Terraced House, Single Let, Birmingham, B16 0PA, £189,950

32 Majuba Road, Birmingham, West Midlands, B16 0PA - 3 views - a year ago

BTL
ROI: 4%
93 m²
+5 photos

ValuationOvervalued

Sold Prices£50K - £360K
Sold Prices/m²£680/m² - £4.1K/m²

 

 

Square Metres

93 m²
Price/m²£2K/m²

Value Estimate

£169,091

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,488

Stamp Duty & Legal Fees

£6,899

Total Cash In

£54,386

 

 

Cash Out

 

Rent Range

£800 - £1,750

Rent Estimate

£998

Running Costs/mo

£813

Cashflow/mo

£185

Cashflow/yr

£2,218

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £50K to £360K, average is £167K. £680/m² to £4.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£168.5K05/220.02 mi25, Majuba Road, Birmingham, West Midlands B16 0PD3
£165K06/220.02 mi17, Majuba Road, Birmingham, West Midlands B16 0PD3
£124.5K01/210.02 mi9, Majuba Road, Birmingham, West Midlands B16 0PD3
£145K11/220.07 mi3, Glencoe Road, Birmingham, West Midlands B16 0PB3
£210K08/210.12 mi91, Kinsey Road, Smethwick, West Midlands B66 4SL3
£236K12/210.16 mi42, Crown Street, Smethwick, West Midlands B66 4SP3
£185K08/220.16 mi173, Cape Hill, Smethwick, West Midlands B66 4SH3
£228K05/230.16 mi171, Cape Hill, Smethwick, West Midlands B66 4SH3
£245K11/230.16 mi2, Kelvin Drive, Smethwick, West Midlands B66 4SU3
£225K02/210.18 mi69, Cavendish Road, Birmingham, West Midlands B16 0HT3
£235K07/230.18 mi65, Cavendish Road, Birmingham, West Midlands B16 0HT3
£210K10/230.19 mi5, New Hope Road, Smethwick, West Midlands B66 3TX3
£276K12/220.19 mi23, Devey Road, Smethwick, West Midlands B66 4ST3
£168K10/230.21 mi114, Montague Road, Smethwick, West Midlands B66 4PW3
£165K02/230.24 mi4, Oliver Road, Smethwick, West Midlands B66 4PL3
£50K05/230.24 mi24, Oliver Road, Smethwick, West Midlands B66 4PL3
£220K01/230.25 mi12, Wimbourne Road, Birmingham, West Midlands B16 0HR3
£240K06/210.27 mi78, Barley Road, Birmingham, West Midlands B16 0QE3
£120K12/200.28 mi25, Laundry Road, Smethwick, West Midlands B66 4PR3
£150K01/230.3 mi2, Shireland Brook Gardens, Birmingham, West Midlands B18 4JP3
£175K01/230.31 mi80, Trafalgar Road, Smethwick, West Midlands B66 3SF3
£149K08/210.31 mi51, Rosebery Road, Smethwick, West Midlands B66 3RZ3
£182K06/230.31 mi62, Rosebery Road, Smethwick, West Midlands B66 3RZ3
£233K05/210.31 mi27, Brook Way, Birmingham, West Midlands B16 0QR3
£145K05/210.32 mi15, Woodlands Street, Smethwick, West Midlands B66 3TF3
£145K05/210.32 mi15, Woodlands Street, Smethwick, West Midlands B66 3TF3
£360K07/220.34 mi2, Deers Way, Birmingham, West Midlands B16 0QQ3
£160K10/220.34 mi46, Woodlands Street, Smethwick, West Midlands B66 3TE3
£145K11/210.35 mi236, Montague Road, Smethwick, West Midlands B66 4PJ3
£121.5K02/210.35 mi236, Montague Road, Smethwick, West Midlands B66 4PJ3
£142K10/210.35 mi90, Trafalgar Road, Smethwick, West Midlands B66 3SA3
£118K07/210.35 mi72, Salisbury Road, Smethwick, West Midlands B66 3RX3
£145K04/210.35 mi105, Salisbury Road, Smethwick, West Midlands B66 3RX3
£180K10/220.36 mi51, Edith Road, Smethwick, West Midlands B66 4QX3
£120K09/210.36 mi96, Edith Road, Smethwick, West Midlands B66 4QY3
£196K08/230.36 mi94, Edith Road, Smethwick, West Midlands B66 4QY3
£150K03/210.37 mi9, Salisbury Road, Smethwick, West Midlands B66 3RU3
£292K06/210.37 mi3, Antler Way, Birmingham, West Midlands B16 0PX3
£135K12/200.4 mi91, Windmill Lane, Smethwick, West Midlands B66 3EW3
£198K04/230.41 mi66, Windmill Lane, Smethwick, West Midlands B66 3ES3
£146K05/210.43 mi46, Norton Close, Smethwick, West Midlands B66 3JA3
£130K02/210.45 mi47, Bellefield Road, Birmingham, West Midlands B18 4EL3
£190K03/230.46 mi267, Portland Road, Edgbaston, Birmingham, West Midlands B17 8LU3
£135K11/210.47 mi49, Gilbert Road, Smethwick, West Midlands B66 4PY3
£286K03/220.48 mi257, Gillott Road, Birmingham, West Midlands B16 0RX3
£310K03/210.49 mi7, Ravenshaw Road, Birmingham, West Midlands B16 0TE3
£166K11/200.51 mi86, Westbury Road, Birmingham, West Midlands B17 8JH3
£145K12/200.53 mi9, Bryant Street, Birmingham, West Midlands B18 4BH3
£316K02/210.54 mi75, Selwyn Road, Birmingham, West Midlands B16 0SL3
£120K02/210.54 mi152, Sycamore Road, Smethwick, West Midlands B66 4NS3

Local Rents

20 rents from £800/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,75003/250.13 mi-3
£1,45004/250.16 mi-3
£1,29512/240.16 miCrown Street, Smethwick3
£99002/240.23 mi-3
£1,10012/240.24 miOliver Road, Cape Hill3
£1,15011/240.25 mi-3
£1,20012/240.32 mismethwick, B663
£1,35012/240.4 miAvery Avenue, Edgbaston, Birmingham, B163
£80012/240.44 miScribbans Close, Smethwick, West Midlands3
£1,15012/240.47 miPortland Road, BIRMINGHAM3
£1,15012/240.47 miPortland Road, Edgbaston3
£1,40001/250.5 mi-3
£1,05012/240.51 miWestbury Road, Edgbaston, B17 8JH3
£1,30003/250.52 mi-3
£1,10012/240.54 miMessenger Road, B663
£1,00003/250.55 mi-3
£1,00004/250.55 mi-3
£1,49503/250.58 mi-3
£1,50003/250.58 mi-3
£1,59502/250.59 mi-3

Local Area Statistics

Population in B16

23,618

Population in Birmingham

1,034,821

Town centre distance

3.31 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-17%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £189,950

April 4, 2024

Sold for £32,000

1997

Description

  • Central Heating +
  • Shops and amenities nearby +
  • Fitted Kitchen +
  • Double glazing +
  • Close to public transport +
  • Garden +

Virdee Estates are proud to present For Sale this three bedroom midterrace property. Comprising of having a reception room, lounge, fitted kitchen and ground floor bathroom. Further benefiting from having gas central heating, double glazing and a rear garden. Offered Freehold. EPC Rating: E45

Approach
The property is set back from the road, UPVC door leading to;

Reception Room
3.79m x 3.65m
Having a ceiling light point, laminate flooring, panelled radiator and an open bay window to the front elevation.

Lounge
3.93m x 3.61m
Having a ceiling light point, laminate flooring, panelled radiator, and a double glazed window to the rear elevation.

Kitchen
3.90m x 2.05m
Having a range of wall and base mounted units with worktop over, stainless steel sink with mixer tap, tiled splashbacks and tiled flooring. Ceiling light point, panelled radiator and two obscure windows to the side elevation.

Bathroom
1.75m x 1.81m
Having a ceiling light point, vinyl flooring, WC, hand wash basin, corner shower cubicle, fully tiled walls, heated towel rail and obscure window to the rear elevation.

Stairs from hallway leading too;

First Floor

Landing
Having a ceiling light point, fitted carpet and a panelled radiator.

Bedroom
3.75m x 3.67m
Having a ceiling light point, fitted carpet, panelled radiator and a double glazed window to the front elevation.

Bedroom
3.94m x 2.62m
Having a ceiling light point, fitted carpet and a double glazed window to the rear elevation.

Bedroom
3.89m x 2.09m
Having a ceiling light point, fitted carpet, panelled radiator and a double glazed window to the rear elevation.

Rear Garden
Having paved area and fenced boundary.

General Information

Tenure
The property is Freehold.

The Agent has not checked the legal documents to verify the Freehold status of the property.

The buyer is advised to obtain verification from their Solicitor or Surveyor.

Services
All mains’ services are understood to be available and connected.

Fixtures and Fittings
All fixtures and fittings mentioned in these particulars of sale are included in the asking price. All others are specifically excluded, but some items may be available by separate negotiation.

THINKING OF SELLING OR LETTING YOUR HOME?
Virdee Estates would be delighted to carry out a FREE market appraisal of your property.
CALL NOW ON

Agent Details

Virdee Estates, Birmingham

0121 387 6414

Next Steps?

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