2 Bed Flat, Planning Permission, B1 3BH, £195,000

Camden House, 80 Pope Street, Jewellery Quarter, B1 3BH - 2 views - 8 months ago

Leasehold
Planning
ROI: 5%
~68 m²
+1 photos

ValuationOvervalued

Sold Prices£55K - £500K
Sold Prices/m²£724/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£138,640

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Total Cash In

£55,800

 

 

Cash Out

 

Rent Range

£995 - £3,299

Rent Estimate

£1,050

Running Costs/mo

£839

Cashflow/mo

£211

Cashflow/yr

£2,528

ROI

5%

Gross Yield

6%

Local Sold Prices

50 sold prices from £55K to £500K, average is £154.3K. £724/m² to £4.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£290K10/220.11 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£208K05/210.3 miApartment 34, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£180K04/220.3 miApartment 22, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£202.5K01/230.3 miApartment 8, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£244K03/210.43 mi31d, Northwood Street, Birmingham, West Midlands B3 1TX2
£125K12/210.44 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.44 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£100K07/210.45 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£90K06/210.45 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£182K12/220.46 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£180K08/210.56 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£153.5K06/210.58 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£235K07/210.75 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£80K07/220.77 miFlat 42, Martineau Tower, Uxbridge Street, Birmingham, West Midlands B19 3UJ2
£82K05/210.78 mi4, Hunters Vale, Birmingham, West Midlands B19 2XH2
£82K05/210.81 mi4, Hunters Vale, Birmingham, West Midlands B19 2XH2
£290K09/210.82 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£105K08/220.96 mi39, Bellefield Road, Birmingham, West Midlands B18 4EL2
£150K02/231.16 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/211.16 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/221.16 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£500K02/211.19 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/211.19 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/201.19 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/221.19 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£144.5K09/211.37 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£255.5K02/211.48 miFlat 5, Westfield Hall, Hagley Road, Birmingham, West Midlands B16 9LG2
£140K07/211.51 mi20, Brewers Square, Birmingham, West Midlands B16 0PN2
£103K02/221.55 mi200, Cape Hill, Smethwick, West Midlands B66 4SJ2
£104K08/221.55 mi212, Cape Hill, Smethwick, West Midlands B66 4SJ2
£101K05/211.55 mi210, Cape Hill, Smethwick, West Midlands B66 4SJ2
£130K10/211.6 miFlat 1, St. Dennis House, Melville Road, Birmingham, West Midlands B16 9NE2
£135K11/201.6 miFlat 10, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£147K08/211.6 miFlat 3, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£143.5K03/211.6 miFlat 7, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£220K08/211.67 miFlat 64, Chadbrook Crest, Richmond Hill Road, Birmingham, West Midlands B15 3RN2
£167K11/201.68 mi12, Stockdale Place, Birmingham, West Midlands B15 3XH2
£162.5K11/211.68 mi33, Stockdale Place, Birmingham, West Midlands B15 3XH2
£155K03/211.68 mi73, Stockdale Place, Birmingham, West Midlands B15 3XH2
£200K03/231.68 mi10, Stockdale Place, Birmingham, West Midlands B15 3XH2
£255K06/211.7 miFlat 56, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2
£277K10/221.7 miFlat 78, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2
£160K03/211.74 miFlat 31, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£82.5K08/231.74 miFlat 24, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£141K05/231.74 miFlat 16, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£235K12/221.75 mi110, Viceroy Close, Birmingham, West Midlands B5 7UY2
£130K06/211.76 mi55, Alexandra Road, Birmingham, West Midlands B5 7NJ2
£55K03/211.77 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£55K03/211.77 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£120K11/201.8 miFlat 74, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2

Local Rents

50 rents from £995/mo to £3.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10012/240 miCamden House, Pope Street, Jewellery Quarter, B12
£1,25012/240.01 miCamden House, Pope Street, Jewellery Quarter, B12
£1,15012/240.01 miThe Kettleworks, Pope Street, Jewellery Quarter, B12
£1,22512/240.01 miThe Kettleworks, Pope Street, Jewellery Quarter, B12
£1,27512/240.02 miThe Kettleworks, Pope Street, Jewellery Quarter, B12
£1,05012/240.02 miThe Kettleworks, Pope Street, Jewellery Quarter, B12
£1,20012/240.02 miAlbion House, Pope Street, Jewellery Quarter, B12
£1,10012/240.02 miThe Kettleworks, 126 Pope Street, Birmingham, B12
£1,40012/240.03 miKettleworks Penthouse Apartment, Jewellery Quarter, Birmingham City Centre2
£1,25012/240.03 miSummer House, Pope Street, Jewellery Quarter, B12
£1,30012/240.03 miKettleworks, 126 Pope Street, Birmingham, West Midlands, B12
£1,15004/250.03 mi-2
£1,20012/240.03 miAlbion House, Pope Street, Jewellery Quarter, B12
£1,15012/240.03 miMoreton House, Moreton Street, Jewellery Quarter, B12
£3,29902/250.04 mi-2
£1,30004/250.04 mi-2
£1,75003/250.04 mi-2
£1,05012/240.04 miThe Kettleworks, 126 Pope Street, Birmingham, West Midlands, B12
£1,20012/240.04 miCarver House, 30 Carver Street, Birmingham, West Midlands, B12
£1,29503/240.04 mi-2
£1,29512/240.04 mi-2
£1,29512/240.04 miJewellery Quarter, Birmingham, B12
£1,29512/240.04 miJewellery Quarter, Birmingham, B12
£99512/240.04 mi-2
£1,05012/240.04 miSt Georges, Carver Street, Jewellery Quarter, B12
£1,25012/240.04 miThe Kettleworks, Pope Street, Jewellery Quarter2
£1,15012/240.05 miWarstone Lane, Birmingham, B182
£1,15012/240.05 mi83-86 Carver Street, Birmingham2
£1,25012/240.05 miThe Kettleworks, 126 Pope Street, Birmingham, West Midlands, B12
£1,20012/240.06 miSt Georges, Carver Street, Jewellery Quarter, B12
£1,25012/240.06 miDayus House, Tenby Street South, Jewellery Quarter, B12
£1,35012/240.06 mi-2
£1,15012/240.07 miThe Foundry, Carver Street, Jewellery Quarter, B12
£1,00012/240.07 miThe Foundry, Carver Street, Jewellery Quarter, B12
£1,10012/240.07 miThe Foundry, Carver Street, Jewellery Quarter, B12
£1,25012/240.07 miThe Foundry, Carver Street, Jewellery Quarter, B12
£2,80012/240.07 mi-2
£1,35002/250.07 mi-2
£1,30003/250.07 mi-2
£1,15012/240.07 miBoxworks, 35 Tenby Street North2
£1,15012/240.08 miLion Court, 100 Warstone Lane, Jewellery Quarter2
£1,50012/240.08 miTenby Heights, Tenby Street North, Birmingham2
£1,50012/240.08 miTenby Heights, Tenby Street North, Jewellery Quarter, B12
£1,50012/240.08 miTenby Street North, BIRMINGHAM2
£1,20012/240.08 miTenby Street North, BIRMINGHAM2
£1,20012/240.08 miMetalworks Apartments, 93 Warstone Lane, Jewellery Quarter2
£1,19903/240.09 mi-2
£1,19903/250.09 mi-2
£1,19912/240.09 miLion Court, Birmingham, B182
£2,30012/240.09 mi-2

Property History

Listed for £195,000

July 25, 2024

Floor Plans

Description

  • Two-Bedroom Apartment +
  • First Floor Apartment +
  • Private Balcony +
  • 692 Sq. Ft. +
  • Open Plan Living & Kitchen Area +
  • No Upward Chain +
  • EPC Rating:- B +
  • Ideal For A First Time Buyer Or Investor +
  • Popular Jewellery Quarter Location +
  • Close To Local Amenities +

DESCRIPTION EWS1 FORM GRANTED Located in the heart of Birmingham's historic Jewellery Quarter! This stylish and contemporary two bedroom, one bathroom apartment is located in the highly sought-after Kettleworks development, offering residents a blend of modern amenities and prime location. 

LOCATION Situated in the vibrant Jewellery Quarter, you will be surrounded by a rich history and a variety of trendy bars, restaurants, and boutique shops. Excellent transport links, including the Jewellery Quarter train station and easy access to major roadways, make commuting a breeze. 

JAMES LAURENCE ESTATE AGENTS Agents Note: We have not tested any of the electrical, central heating or sanitary ware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. All material information stated below has been provided by our client, but we would request all information to be verified by the purchaser's chosen solicitor.

Fixtures and Fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.

Tenure: Leasehold

Services: All mains' services are connected to the property.

Local Authority: Birmingham City Council

Council Tax Band: D

Service Charge: £2,610.00 Per Annum

Ground Rent: £314.28 Per Annum

Ground Rent Review Period: TBC

Length of Lease:142 Years Remaining.

To complete our comprehensive service, James Laurence Estate Agents is pleased to offer the following:-

Free Valuation: Please contact the office on to make an appointment.

Residential Lettings and Management: If you are interested in letting out your property or are considering renting a property, please contact our office to find out further information.

Conveyancing: Very competitively priced rates agreed with our panel of local experienced and respected Solicitors. Please contact this office for further details.

Financial Services: James Laurence Estate Agents work with an independent Mortgage Service offering face to face mortgage advice to suit your needs. Please contact the office on to make a free appointment.

Further Material Information:

Part A

Council Tax / Domestic Rates: D
Asking price:£215.000.00
Tenure*: Leasehold

Part B

Property type: Apartment
Property construction: Purpose built
Number and types of room: Two bedroom apartment
Electricity supply: Mains.
Water supply: Mains.
Sewerage: Mains.
Heating: Mains.
Broadband: We recommend you complete your own investigation.
Mobile signal/coverage: We recommend you complete your own investigation.
Parking: No.

Part C

Building safety: Please verify with your solicitor.
Restrictions: Please verify with your solicitor.
Rights and easements: N/a.
Flood risk: N/a.
Coastal erosion risk: N/a.
Planning permission: N/a.
Accessibility/adaptations: N/a.
Coalfield or mining area: N/a.
Energy Performance Certificate (EPC)**: B

Agent Details

James Laurence Estate Agents, Birmingham

0121 387 6501

Next Steps?

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