dealsourcr

3 Bed Terraced House, Single Let, Smethwick, B66 3RU, £200,000

Salisbury Road, Smethwick, West Midlands, B66 3RU - 12 views - a year ago

Sold STC
BTL
ROI: 3%
~88 m²
+14 photos

ValuationOvervalued

Sold Prices£50K - £276K
Sold Prices/m²£680/m² - £3.3K/m²

 

 

Square Metres

~87.90 m²
Price/m²£2.3K/m²

Value Estimate

£158,220

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£800 - £4,000

Rent Estimate

£998

Running Costs/mo

£845

Cashflow/mo

£153

Cashflow/yr

£1,841

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £50K to £276K, average is £162.5K. £680/m² to £3.3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£150K03/210.01 mi9, Salisbury Road, Smethwick, West Midlands B66 3RU3
£118K07/210.02 mi72, Salisbury Road, Smethwick, West Midlands B66 3RX3
£145K04/210.02 mi105, Salisbury Road, Smethwick, West Midlands B66 3RX3
£135K12/200.03 mi91, Windmill Lane, Smethwick, West Midlands B66 3EW3
£149K08/210.06 mi51, Rosebery Road, Smethwick, West Midlands B66 3RZ3
£182K06/230.06 mi62, Rosebery Road, Smethwick, West Midlands B66 3RZ3
£198K04/230.07 mi66, Windmill Lane, Smethwick, West Midlands B66 3ES3
£142K10/210.08 mi90, Trafalgar Road, Smethwick, West Midlands B66 3SA3
£175K01/230.09 mi80, Trafalgar Road, Smethwick, West Midlands B66 3SF3
£160K10/220.21 mi46, Woodlands Street, Smethwick, West Midlands B66 3TE3
£185K08/220.21 mi173, Cape Hill, Smethwick, West Midlands B66 4SH3
£228K05/230.21 mi171, Cape Hill, Smethwick, West Midlands B66 4SH3
£245K11/230.21 mi2, Kelvin Drive, Smethwick, West Midlands B66 4SU3
£120K09/210.22 mi96, Edith Road, Smethwick, West Midlands B66 4QY3
£196K08/230.22 mi94, Edith Road, Smethwick, West Midlands B66 4QY3
£180K10/220.24 mi51, Edith Road, Smethwick, West Midlands B66 4QX3
£236K12/210.25 mi42, Crown Street, Smethwick, West Midlands B66 4SP3
£210K08/210.26 mi91, Kinsey Road, Smethwick, West Midlands B66 4SL3
£168K10/230.26 mi114, Montague Road, Smethwick, West Midlands B66 4PW3
£210K10/230.26 mi5, New Hope Road, Smethwick, West Midlands B66 3TX3
£145K05/210.29 mi15, Woodlands Street, Smethwick, West Midlands B66 3TF3
£145K05/210.29 mi15, Woodlands Street, Smethwick, West Midlands B66 3TF3
£151K04/210.3 mi1, Honiton Walk, Smethwick, West Midlands B66 3HR3
£146K05/210.3 mi46, Norton Close, Smethwick, West Midlands B66 3JA3
£135K11/210.31 mi49, Gilbert Road, Smethwick, West Midlands B66 4PY3
£112.5K07/210.32 mi2, Pens Close, Smethwick, West Midlands B66 4LH3
£112.5K07/210.32 mi2, Pens Close, Smethwick, West Midlands B66 4LH3
£276K12/220.34 mi23, Devey Road, Smethwick, West Midlands B66 4ST3
£165K02/230.35 mi4, Oliver Road, Smethwick, West Midlands B66 4PL3
£50K05/230.35 mi24, Oliver Road, Smethwick, West Midlands B66 4PL3
£120K02/210.35 mi152, Sycamore Road, Smethwick, West Midlands B66 4NS3
£182K01/230.35 mi139, Sycamore Road, Smethwick, West Midlands B66 4NS3
£168.5K05/220.39 mi25, Majuba Road, Birmingham, West Midlands B16 0PD3
£165K06/220.39 mi17, Majuba Road, Birmingham, West Midlands B16 0PD3
£124.5K01/210.39 mi9, Majuba Road, Birmingham, West Midlands B16 0PD3
£250K11/210.39 mi58, Grange Road, Smethwick, West Midlands B66 4NQ3
£268K10/230.39 mi56, Grange Road, Smethwick, West Midlands B66 4NQ3
£146.3K03/210.39 mi3, Bush Avenue, Smethwick, West Midlands B66 3LD3
£145K11/210.39 mi236, Montague Road, Smethwick, West Midlands B66 4PJ3
£121.5K02/210.39 mi236, Montague Road, Smethwick, West Midlands B66 4PJ3
£145K11/220.39 mi3, Glencoe Road, Birmingham, West Midlands B16 0PB3
£120K12/200.4 mi25, Laundry Road, Smethwick, West Midlands B66 4PR3
£165K08/230.43 mi43, Capethorn Road, Smethwick, West Midlands B66 4LY3
£220K04/210.44 mi18, Burn Close, Smethwick, West Midlands B66 4JE3
£142K05/230.44 mi51, Cheshire Road, Smethwick, West Midlands B67 6DN3
£126K05/210.44 mi129, Cheshire Road, Smethwick, West Midlands B67 6DN3
£195K07/230.44 mi44, Cheshire Road, Smethwick, West Midlands B67 6DN3
£215K01/210.45 mi158, Waterloo Road, Smethwick, West Midlands B66 4NE3
£190K03/230.45 mi267, Portland Road, Edgbaston, Birmingham, West Midlands B17 8LU3
£240K06/210.46 mi78, Barley Road, Birmingham, West Midlands B16 0QE3

Local Rents

28 rents from £800/mo to £4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£80012/240.1 miScribbans Close, Smethwick, West Midlands3
£1,15011/240.13 mi-3
£1,20012/240.14 mismethwick, B663
£1,50003/250.22 mi-3
£1,29512/240.25 miCrown Street, Smethwick3
£1,75004/250.26 mi-3
£1,30003/250.3 mi-3
£1,10012/240.31 miMessenger Road, B663
£1,10012/240.35 miOliver Road, Cape Hill3
£1,45004/250.4 mi-3
£4,00004/250.41 mi-3
£1,15512/240.42 miSmethwick, West Midlands, B673
£1,15012/240.45 miPortland Road, BIRMINGHAM3
£1,15012/240.45 miPortland Road, Edgbaston3
£1,17503/250.46 mi-3
£1,05012/240.47 miWestbury Road, Edgbaston, B17 8JH3
£1,10012/240.47 miRosefield Road, Smethwick3
£99002/240.48 mi-3
£1,35012/240.48 miAvery Avenue, Edgbaston, Birmingham, B163
£1,30012/240.5 miCrocketts Lane, Smethwick, Birmingham3
£1,45002/240.5 mi-3
£1,40001/250.52 mi-3
£1,30004/250.59 mi-3
£90012/240.59 miParkhill Road, Smethwick, B673
£1,10012/240.59 mi-3
£97503/250.6 mi-3
£1,50003/240.6 mi-3
£1,59502/250.61 mi-3

Links

Local Area Statistics

Population in B66

21,335

Population in Smethwick

51,344

Town centre distance

0.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+32%

Property History

Price changed to £200,000

December 10, 2024

Price changed to £215,000

December 4, 2024

Listed for £200,000

April 15, 2024

Floor Plans

Description

  • NO UPWARD CHAIN +
  • GAS CENTRAL HEATING & DOUBLE GLAZING +
  • 2 RECEPTION ROOMS +
  • MODERN FITTED KITCHEN +
  • 3 BEDROOMS +
  • LARGE REAR GARDEN +
  • CLOSE TO ALL BANKING AND SHOPPING FACILITIES +

LET'S GO are delighted to offer for sale this very well presented 3 bedroom terraced family home in Cape Hill, Smethwick. The property is located on a popular road and is in close proximity to all local amenities and transport links.

The property comprises; Porch, Hallway, Front Reception Room, Living Room, Modern Fitted Kitchen, Family Bathroom, 2 Double Bedrooms, 3rd Bedroom and Separate Toilet. To the rear of the house is a Large Garden and Lean-to area.

Viewings are available

*EPC D*
*COUNCIL TAX BAND A*

*LET'S GO! recommend that purchasers satisfy themselves as to the tenure of the property via their own legal representatives*

Agent Details

Lets Go, Walsall

0121 296 9596

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

3 Bed House, Single Let, Smethwick, B66 3RZ

£140,000

1 views • 3 months ago • 93 m²

Sold STC

3 Bed House, Single Let, Smethwick, B66 3SQ

£250,000

5 views • 6 months ago • 93 m²

Sold STC

3 Bed Flat, Single Let, Smethwick, B66 3PS

£115,000

2 months ago • 93 m²

3 Bed House, Single Let, Smethwick, B66 3SG

£235,000

1 views • 2 months ago • 93 m²

dealsourcr
Deals
Deal SearchSaved SearchesSaved DealsAddress Lookup
Tools
Deal AnalyserRightmove LookupRefurb CalculatorNew Build CalculatorStamp Duty Calculator
Refer a friend. Get £140!My Account