4 Bed HMO, Birmingham, B21 0NH, £250,000

Booth Street, Birmingham, B21 0NH - 19 views - a year ago

HMO
ROI: 4%
~129 m²
+9 photos

ValuationOvervalued

Sold Prices£125K - £390K
Sold Prices/m²£1.2K/m² - £3.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.9K/m²

Value Estimate

£239,287

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£11,500

Total Cash In

£74,000

 

 

Cash Out

 

Room Rate

£511

Gross Rent

£2,044

Running Costs/mo

£1,669

Cashflow/mo

£375

Cashflow/yr

£4,499

ROI

6%

Gross Yield

10%

Local Sold Prices

27 sold prices from £125K to £390K, average is £225K. £1.2K/m² to £3.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£225K01/230.12 mi25, Sycamore Road, Handsworth, Birmingham, West Midlands B21 0QW4
£266K10/220.13 mi83, Sycamore Road, Handsworth, Birmingham, West Midlands B21 0QW4
£175K03/210.19 mi56, Crocketts Road, Birmingham, West Midlands B21 0HR4
£225K05/210.19 mi13, Murdock Grove, Birmingham, West Midlands B21 0PN4
£385K02/230.31 mi4, Regent Road, Handsworth, Birmingham, West Midlands B21 8AB4
£210K11/220.32 mi66, Boulton Road, Birmingham, West Midlands B21 0QY4
£250K07/220.46 mi54, Grafton Road, Handsworth, Birmingham, West Midlands B21 8PL4
£200K08/230.51 mi74, Island Road, Birmingham, West Midlands B21 8NR4
£170K03/210.53 mi130, Douglas Road, Handsworth, Birmingham, West Midlands B21 9HQ4
£200K03/210.56 mi69, Astley Road, Birmingham, West Midlands B21 8DL4
£230K02/230.58 mi176, Antrobus Road, Birmingham, West Midlands B21 9NX4
£275K02/210.66 mi185, Sandwell Road, Birmingham, West Midlands B21 8PD4
£290K06/220.66 mi195, Sandwell Road, Birmingham, West Midlands B21 8PD4
£165K12/220.67 mi28, Mount Pleasant Avenue, Birmingham, West Midlands B21 9QA4
£185K04/230.68 mi5, Brunswick Gardens, Birmingham, West Midlands B21 9AG4
£340K10/210.7 mi189, Sandwell Road, Birmingham, West Midlands B21 8PD4
£200K10/200.79 mi3, Orchard Close, Handsworth, Birmingham, West Midlands B21 9PH4
£260K03/210.83 mi29, Thomas Street, Smethwick, West Midlands B66 3RA4
£220K05/210.86 mi20, Camp Lane, Handsworth, Birmingham, West Midlands B21 8JS4
£141.5K04/210.86 mi5, Norton Close, Smethwick, West Midlands B66 3JA4
£125K03/210.87 mi6, Cuin Walk, Smethwick, West Midlands B66 3JD4
£230K07/210.89 mi49, Lansdowne Road, Handsworth, Birmingham, West Midlands B21 9AS4
£285K12/220.9 mi71, Holly Road, Handsworth, Birmingham, West Midlands B20 2BX4
£170K08/210.9 mi55, Cuin Road, Smethwick, West Midlands B66 3TU4
£225K08/230.92 mi79, Woodlands Street, Smethwick, West Midlands B66 3TD4
£260K10/220.93 mi60, Friary Road, Birmingham, West Midlands B20 1BB4
£390K10/220.99 mi86, Church Lane, Handsworth, Birmingham, West Midlands B20 2ES4

Local Area Statistics

Population in B21

29,626

Population in Birmingham

1,034,821

Town centre distance

3.85 miles away

Nearest school

0.20 miles away

Nearest train station

0.28 miles away

 

 

Rental growth (12m)

+36%

Sales demand

Balanced market

Capital growth (5yrs)

+53%

Property History

Price changed to £250,000

December 26, 2024

Price changed to £265,000

December 4, 2024

Listed for £285,000

April 30, 2024

Floor Plans

Description

  • WOW**MASSIVELY EXTENDED PROPERTY +

  • PERFECT FOR INVESTORS +

  • EXCEPTIONAL PROPERTY FOR INVESTORS +

  • FOUR BEDROOMS, OR EVEN MORESEE FLOORPLAN +

  • FOUR RECEPTION ROOMS +

  • DRIVEWAY +

  • PRIVATE GARDEN +

  • CLOSE TO BIRMINGHAM CITY CENTRE +

SUMMARY
NO ONWARD CHAIN EXCEPTIONAL INVESTMENT PROPERTY OR EXTRA LARGE FAMILY HOME FOUR BEDROOMS AT LEAST FOUR RECEPTION ROOMS HMO OR STUDIO FLAT DEVELOPMENT POTENTIAL CALL CONNELLS GREAT BARR TODAY TO REGISTER YOUR INTEREST

DESCRIPTION
Connells Great Barr are just delighted to offer for sale this truly exceptional property located in a very much sought after location near Birmingham City Centre.

The property itself has been extended significantly and boasts a huge amount of space and rooms. Briefly we can offer the following: porchway, hallway, ground floor bedroom, four further ground floor reception rooms, ground floor bathroom, three bedrooms, family bathroom, private rear garden and a driveway to front aspect.

HUGE OPPORTUNITY FOR INVESTORS BUT COULD ALSO BE A RATHER LARGE AND VERY IMPRESSIVE FAMILY HOME

Booth Street is ideally situated close to a huge amount of local amenities, including many places of worship, schools, leisure facilities, shops, restaurants, parks and greens. A great place to live.

Entrance Porchway  

Entrance Hallway  

Ground Floor Bedroom Four 11' 4" x 11' 9" ( 3.45m x 3.58m )

Lounge 8' 9" x 10' 7" ( 2.67m x 3.23m )

Kitchen  7' 4" x 7' 4" ( 2.24m x 2.24m )

Family Room  9' 4" x 10' 1" ( 2.84m x 3.07m )

Sitting Room  8' 9" x 9' 2" ( 2.67m x 2.79m )

Snug 9' 7" x 9' 8" ( 2.92m x 2.95m )

Study 5' 3" x 8' 4" ( 1.60m x 2.54m )

Large Side Lean Too Area 

First Floor Landing  

Bedroom One  10' 8" x 12' 1" ( 3.25m x 3.68m )

Bedroom Two  10' 6" x 10' 10" ( 3.20m x 3.30m )

Bedroom Three  6' 7" x 7' 6" ( 2.01m x 2.29m )

Bathroom 

Private Rear Garden 

Driveway To Fore * Gated 

No Onward Chain 

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.

Agent Details

Connells, Great Barr

0121 387 6334

Next Steps?

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