2 Bed Semi-Detached House, Single Let, Birmingham, B44 9TU, £200,000

Lingfield Avenue, Great Barr, Birmingham, B44 9TU - 2 views - 10 months ago

Sold STC
BTL
ROI: 1%
~84 m²
+10 photos

ValuationUndervalued

Sold Prices£128K - £265K
Sold Prices/m²£1.8K/m² - £4.7K/m²

 

 

Square Metres

~83.60 m²
Price/m²£2.4K/m²

Value Estimate

£215,677
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£825 - £1,150

Rent Estimate

£895

Running Costs/mo

£824

Cashflow/mo

£71

Cashflow/yr

£852

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £128K to £265K, average is £170K. £1.8K/m² to £4.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£170K03/210 mi40, Lingfield Avenue, Birmingham, West Midlands B44 9TU2
£192K02/230.03 mi59, Lingfield Avenue, Birmingham, West Midlands B44 9TX2
£135K05/210.03 mi35, Lingfield Avenue, Birmingham, West Midlands B44 9TX2
£152K08/230.03 mi75, Lingfield Avenue, Birmingham, West Midlands B44 9TX2
£157.5K04/210.05 mi75, Tresham Road, Birmingham, West Midlands B44 9UA2
£150K05/210.05 mi73, Tresham Road, Birmingham, West Midlands B44 9UA2
£180K01/230.05 mi111, Tresham Road, Birmingham, West Midlands B44 9UA2
£175K11/210.07 mi68, Tresham Road, Birmingham, West Midlands B44 9UD2
£212K11/220.07 mi24, Tresham Road, Birmingham, West Midlands B44 9UD2
£145K12/200.07 mi74, Tresham Road, Birmingham, West Midlands B44 9UD2
£161K08/210.11 mi196, Atlantic Road, Birmingham, West Midlands B44 8LJ2
£209K05/230.11 mi194, Atlantic Road, Birmingham, West Midlands B44 8LJ2
£195K09/230.12 mi52, Corbridge Avenue, Great Barr, Birmingham, West Midlands B44 9UQ2
£165K01/210.13 mi257, Birdbrook Road, Birmingham, West Midlands B44 9TY2
£175K12/220.15 mi37, Corbridge Avenue, Great Barr, Birmingham, West Midlands B44 9UG2
£136K10/200.15 mi280, Birdbrook Road, Birmingham, West Midlands B44 9TS2
£128K02/210.15 mi254, Birdbrook Road, Birmingham, West Midlands B44 9TS2
£181K09/210.15 mi246, Birdbrook Road, Birmingham, West Midlands B44 9TS2
£174K04/230.15 mi136, Atlantic Road, Birmingham, West Midlands B44 8LH2
£180K03/230.17 mi157, Atlantic Road, Birmingham, West Midlands B44 8LN2
£156K07/210.17 mi119, Atlantic Road, Birmingham, West Midlands B44 8LN2
£162K01/230.21 mi218, Birdbrook Road, Birmingham, West Midlands B44 9TP2
£165K09/210.21 mi37, Cavandale Avenue, Birmingham, West Midlands B44 9TW2
£153K03/210.21 mi30, Cavandale Avenue, Birmingham, West Midlands B44 9TW2
£205K07/230.21 mi34, Cavandale Avenue, Birmingham, West Midlands B44 9TW2
£175K08/230.22 mi208, Birdbrook Road, Birmingham, West Midlands B44 9TP2
£158K10/200.24 mi106, Atlantic Road, Birmingham, West Midlands B44 8LQ2
£265K10/230.26 mi30, Templeton Road, Birmingham, West Midlands B44 9BT2
£170K02/230.26 mi42, Templeton Road, Birmingham, West Midlands B44 9BT2
£138K08/210.28 mi180, Dyas Road, Great Barr, Birmingham, West Midlands B44 8SW2
£170K03/210.3 mi46, Southgate Road, Birmingham, West Midlands B44 9AT2
£164.2K12/200.31 mi155, Birdbrook Road, Birmingham, West Midlands B44 8SA2
£165K05/230.32 mi36, Felstone Road, Birmingham, West Midlands B44 9AB2
£197K08/230.32 mi19, Rockmead Avenue, Birmingham, West Midlands B44 9DR2
£199K03/230.32 mi9, Rockmead Avenue, Birmingham, West Midlands B44 9DR2
£165.5K03/210.33 mi42, Atlantic Road, Birmingham, West Midlands B44 8LG2
£162K11/200.35 mi45, Atlantic Road, Birmingham, West Midlands B44 8LP2
£175K07/230.35 mi11, Atlantic Road, Birmingham, West Midlands B44 8LP2
£145K03/210.35 mi27, Atlantic Road, Birmingham, West Midlands B44 8LP2
£171K05/210.35 mi82, Birkenshaw Road, Birmingham, West Midlands B44 8UJ2
£175K02/230.38 mi128, Old Oscott Lane, Birmingham, West Midlands B44 8TS2
£205K01/230.38 mi98, Old Oscott Lane, Birmingham, West Midlands B44 8TS2
£145K03/210.38 mi72, Old Oscott Lane, Birmingham, West Midlands B44 8TS2
£213.5K01/230.4 mi70, Shady Lane, Birmingham, West Midlands B44 9HA2
£195K03/230.4 mi267, Dyas Road, Great Barr, Birmingham, West Midlands B44 8SY2
£160K02/210.4 mi207, Dyas Road, Great Barr, Birmingham, West Midlands B44 8SY2
£185K08/230.4 mi247, Dyas Road, Great Barr, Birmingham, West Midlands B44 8SY2
£155K08/210.4 mi52, Harleston Road, Great Barr, Birmingham, West Midlands B44 8RR2
£196K07/230.43 mi44, Regina Avenue, Birmingham, West Midlands B44 8TH2
£151.5K01/210.43 mi42, Regina Avenue, Birmingham, West Midlands B44 8TH2

Local Rents

14 rents from £825/mo to £1.1K/mo, average is £997/mo.

RentDateDistanceAddressBeds 
£89503/250.21 mi-2
£89503/250.21 mi-2
£90012/240.22 miBirdbrook Road, BIRMINGHAM2
£99502/250.24 mi-2
£82512/240.26 miAtlantic Road, Great Barr, Birmingham, West Midlands2
£95012/240.35 miAtlantic Road, Kingstanding2
£1,09503/250.35 mi-2
£1,00012/240.39 miElliston Avenue, BIRMINGHAM2
£1,15011/240.41 mi-2
£1,15004/250.43 mi-2
£92512/240.43 miRegina Avenue, Kingstanding2
£1,05003/250.51 mi-2
£1,05004/250.51 mi-2
£99903/250.6 mi-2

Local Area Statistics

Population in B44

37,447

Population in Birmingham

1,034,821

Town centre distance

5.74 miles away

Nearest school

0.10 miles away

Nearest train station

2 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+46%

Property History

Listed for £200,000

June 20, 2024

Floor Plans

Description

We excitedly bring to the market this spacious two bedroom semi-detached house, situated in a popular cul de sac in Great Barr just off Birdbrook Road, close to local shops and amenities and local transport links. The property has local schools close by including Cardinal Wiseman Catholic School and Maryvale Catholic Primary School. Briefly comprising of a porch, entrance hallway, kitchen, extended lounge dining room with access via patio doors to the garden, side covered access which is great for storage. To the first floor are two double bedrooms and newly fitted modern bathroom. To the front is a driveway and steps leading up to the front door and a well maintained rear garden with rear access. Having gas central heating and double glazed this property has lots to offer FIRST TIME BUYERS wanting to get onto the property ladder. Call to today to book your viewing as this property won’t be around for long.

EPC Rating: D
Council Tax Band: B

Agent Details

Dixons, Kingstanding

0121 387 6277

Next Steps?

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