2 Bed Flat, Refurb/BRRR, Birmingham, B16 9NS, £225,000

Kenilworth Court, Hagley Road, Edgbaston, B16 9NS - 13 views - 9 months ago

Sold STC
Leasehold
Refurb/BRRR
Planning
~98 m²
+3 photos

ValuationFair Value

Sold Prices£82.5K - £500K
Sold Prices/m²£1.3K/m² - £4.5K/m²

 

 

Square Metres

~97.60 m²
Price/m²£2.3K/m²

Value Estimate

£226,419

 

 

End Value (After Refurb)

£363,921

Uplift in Value

+62%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£38,620

Bridging Loan Interest

£5,906

Total Cash In

£110,476

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£363,921

Agent Fees (1%)

£3,639

Bridging Loan

£168,750

Bridging Loan Interest

£5,906

Flip Profit

£81,055

Local Sold Prices

30 sold prices from £82.5K to £500K, average is £169.5K. £1.3K/m² to £4.5K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£255.5K02/210.45 miFlat 5, Westfield Hall, Hagley Road, Birmingham, West Midlands B16 9LG2
£220K08/210.48 miFlat 64, Chadbrook Crest, Richmond Hill Road, Birmingham, West Midlands B15 3RN2
£255K06/210.56 miFlat 56, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2
£277K10/220.56 miFlat 78, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2
£153.5K06/210.66 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£167K11/200.67 mi12, Stockdale Place, Birmingham, West Midlands B15 3XH2
£162.5K11/210.67 mi33, Stockdale Place, Birmingham, West Midlands B15 3XH2
£155K03/210.67 mi73, Stockdale Place, Birmingham, West Midlands B15 3XH2
£200K03/230.67 mi10, Stockdale Place, Birmingham, West Midlands B15 3XH2
£130K10/210.67 miFlat 1, St. Dennis House, Melville Road, Birmingham, West Midlands B16 9NE2
£135K11/200.67 miFlat 10, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£147K08/210.67 miFlat 3, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£132K04/210.68 miFlat 77, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RS2
£172K11/200.68 miFlat 72, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RS2
£143.5K03/210.68 miFlat 7, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£175K02/210.69 miFlat 27, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RU2
£235K10/210.69 miFlat 9, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RU2
£200K08/210.69 miFlat 30, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RU2
£180K08/210.72 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£160K03/210.73 miFlat 31, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£82.5K08/230.73 miFlat 24, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£141K05/230.73 miFlat 16, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£125K12/210.78 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.78 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£255K10/220.81 miFlat 19, Crofters Court, Harrisons Road, Birmingham, West Midlands B15 3QR2
£500K02/210.85 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/210.85 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/200.85 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/220.85 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£144.5K09/210.94 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2

Local Rents

50 rents from £654/mo to £3.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.02 miKenilworth Court, Hagley Road, Birmingham, B162
£2,00002/240.06 mi-2
£97512/240.07 miHagley Road, Birmingham, B162
£1,15012/240.09 miHartley Place, Edgbaston, Birmingham, B152
£1,15012/240.09 mi-2
£1,15004/250.09 mi-2
£1,20004/250.1 mi-2
£92512/240.16 miSaco House, 80 Hagley Road, Edgbaston, Birmingham, B162
£92503/250.18 mi-2
£92512/240.22 mi80 Hagley Road, Edgbaston, Birmingham2
£1,19612/240.23 miHagley Road, Birmingham, B162
£1,20012/240.23 mi22 Niall Close, Birmingham, West Midlands, B15 3LX2
£1,40003/250.24 mi-2
£1,40012/240.29 mi-2
£1,05012/240.3 miChad Square, Edgbaston2
£1,15012/240.31 miCawdor Crescent, Edgbaston, B162
£95012/240.31 miYork Road, Edgbaston, Birmingham2
£1,00012/240.32 miBlue Apartments, Broadway 19 Francis Road, Birmingham, B162
£1,05012/240.32 mi-2
£99503/250.32 mi-2
£92512/240.33 miYork Road, Edgbaston, Birmingham, B162
£92503/240.33 mi-2
£92503/240.33 mi-2
£1,15012/240.34 miMalmesbury Park, 8 Hawthorne Road, Edgbaston2
£1,40012/240.35 mi5 Montague Road, Edgbaston, Birmingham, B16 9HR2
£92501/250.36 mi-2
£1,17503/240.37 mi-2
£1,25004/250.37 mi-2
£1,19512/240.37 miMalmesbury Park, Birmingham, B152
£1,15012/240.38 miMalmesbury Park, Harborne Road, Edgbaston2
£90012/240.38 mi30 Mariner Avenue, Edgbaston, BIRMINGHAM, West Midlands, B162
£65412/240.38 mi30 Mariner Avenue B16 9DL2
£1,15004/250.38 mi-2
£90002/250.38 mi-2
£1,59512/240.38 miYork Road, Edgbaston, Birmingham, B16 9JA2
£97512/240.4 mi-2
£95004/250.41 mi-2
£1,15012/240.41 miOrmsby Court, Richmond Hill Road, Edgbaston, B152
£1,05012/240.44 miPortland Road, BIRMINGHAM2
£1,04512/240.44 miApartment, 70 Mariner Avenue, B162
£1,05012/240.46 miElmhurst, Norfolk Road2
£1,20012/240.46 miLime Court, 206a Hagley Road, Birmingham, B162
£3,60003/240.47 mi-2
£2,95012/240.47 mi-2
£1,10012/240.5 miThe Purple Apartments, Broadway Plaza, 219 Ladywood Middleway, Birmingham, B16 8EQ2
£1,09502/240.5 mi-2
£3,60003/250.5 mi-2
£3,60003/250.5 mi-2
£1,05012/240.5 miThe Purple Apartments, 219 Ladywood Middleway, Birmingham, B162
£1,00012/240.5 miRed Apartments, Edgbaston2

Local Area Statistics

Population in B16

23,618

Population in Birmingham

1,034,821

Town centre distance

2.27 miles away

Nearest school

0.20 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-17%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Price changed to £225,000

September 25, 2024

Listed for £235,000

July 29, 2024

Floor Plans

Description

  • Two-Bedroom Apartment +
  • Mansion Style, Ground Floor Apartment +
  • Secure & Allocated Parking +
  • 1050 sq. Ft. +
  • Large Living Area +
  • Gas Central Heating +
  • EPC Rating:- D +
  • Chain Free +
  • Popular Edgbaston Location +
  • Close To Local Amenities +

DESCRIPTION A superb apartment in the much sought after Kenilworth Court in a convenient Hagley Road location.

This ground floor mansion style apartment oozes style and offers a unique blend of quirky character features such as high ceilings and decorative coving and sympathetic modernisations including a beautiful update kitchen-complete with granite work tops and fitted appliances of fridge/freezer, four ring gas hob with extractor hood above, with 'Siemens' oven and microwave. A separate spacious front living room offers beautiful central fireplace and views across open communal grounds, whist two double bedrooms both come complete with fitted wardrobes. These are complimented by family shower room-with large shower cubicle and ensuite shower room off the main bedroom. Further features include welcoming entrance hall, single glazing synonymous with a property with this heritage, under floor heating in hall, kitchen and shower rooms, with utility including plumbing for washing machine and 'Vaillant' boiler.

Offered with no upward chain and ideal for first time buyers, city working professionals and those looking for a pied a terre. 

LOCATION Kenilworth Court itself offers a convenient location with Hagley Road (A456) road access and public transport links in to the nearby Birmingham city centre. It boasts secure intercom access and the luxury of gated access, with communal parking and grounds.

Leisure facilities are provided with The Edgbaston Priory club close-host to prestigious tennis events, and Golf club nearby with Edgbaston cricket ground within walking distance-the home of international cricket tournaments. The prestigious Grand Central, exclusive Mailbox and Bull Ring offer shopping boutiques in the city nearby, complimenting the luxury boutiques and eateries in the expanding Edgbaston Village.

The property is within easy reach of local shop amenities such as Morrisons superstore and very accessible to A38 links to M6 motorway and Birmingham International Airport beyond. 

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: C

Service Charge:

Ground Rent:

Ground Rent Review Period:

Length of Lease:

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: C
Asking price: £235,000.00
Tenure*: Leasehold

Part B

Property type: Brick
Property construction: Purpose built
Number and types of room: Two Bedroom Apartment
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Gas Central Heating
Broadband: We recommend completing your own investigation.
Mobile signal/coverage: We recommend completing your own investigation.
Parking: Yes

Part C

Building safety: We recommend completing your own investigation.
Restrictions: N/a.
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)**: D

Agent Details

James Laurence Estate Agents, Edgbaston

0121 387 6586

Next Steps?

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