3 Bed Terraced House, Single Let, Smethwick, B66 4JD, £185,000

Vince Street, Smethwick, B66 4JD - 9 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£73K - £268K
Sold Prices/m²£785/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£192,591
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Total Cash In

£56,700

 

 

Cash Out

 

Rent Range

£800 - £4,000

Rent Estimate

£944

Running Costs/mo

£787

Cashflow/mo

£157

Cashflow/yr

£1,885

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £73K to £268K, average is £178.8K. £785/m² to £3.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£168K02/230.02 mi33, Vince Street, Smethwick, West Midlands B66 4JD3
£222K03/210.06 mi237, Bearwood Road, Smethwick, West Midlands B66 4NA3
£181K08/210.07 mi12, Wellington Road, Smethwick, West Midlands B67 6EX3
£215K01/210.14 mi158, Waterloo Road, Smethwick, West Midlands B66 4NE3
£165K08/230.14 mi43, Capethorn Road, Smethwick, West Midlands B66 4LY3
£181K04/210.15 mi19, Valley Road, Smethwick, West Midlands B67 6JE3
£152K05/210.15 mi14, Valley Road, Smethwick, West Midlands B67 6JF3
£215K09/230.16 mi16, Davison Road, Smethwick, West Midlands B67 6JL3
£135K08/210.16 mi29, Davison Road, Smethwick, West Midlands B67 6JL3
£160K08/230.17 mi70, Stanhope Road, Smethwick, West Midlands B67 6JJ3
£268K10/230.17 mi56, Grange Road, Smethwick, West Midlands B66 4NQ3
£250K11/210.17 mi58, Grange Road, Smethwick, West Midlands B66 4NQ3
£190K01/230.2 mi1, Beakes Road, Smethwick, West Midlands B67 5RS3
£220K04/210.2 mi18, Burn Close, Smethwick, West Midlands B66 4JE3
£160K10/230.21 mi48, Astbury Avenue, Smethwick, West Midlands B67 6JB3
£177.5K08/220.21 mi90, Marlborough Road, Smethwick, West Midlands B66 4DW3
£185K09/210.23 mi73, Beakes Road, Smethwick, West Midlands B67 5RS3
£175K02/210.23 mi39, Old Chapel Road, Smethwick, West Midlands B67 6JA3
£180K12/200.24 mi64, Astbury Avenue, Smethwick, West Midlands B67 6JH3
£160K12/200.26 mi178, Merrivale Road, Smethwick, West Midlands B66 4EA3
£190K10/220.26 mi188, Merrivale Road, Smethwick, West Midlands B66 4EA3
£142K05/230.26 mi51, Cheshire Road, Smethwick, West Midlands B67 6DN3
£126K05/210.26 mi129, Cheshire Road, Smethwick, West Midlands B67 6DN3
£195K07/230.26 mi44, Cheshire Road, Smethwick, West Midlands B67 6DN3
£185K10/230.26 mi79, Reginald Road, Bearwood, Smethwick, West Midlands B67 5AF3
£207.5K09/220.27 mi33, Thompson Road, Smethwick, West Midlands B67 6HY3
£195K05/210.28 mi88, Church Road, Smethwick, West Midlands B67 6EH3
£205K09/220.28 mi5, The Uplands, Smethwick, West Midlands B67 6EG3
£73K02/210.29 mi133, Arden Road, Smethwick, West Midlands B67 6EN3
£230.5K09/230.3 mi20, Rawlings Road, Smethwick, West Midlands B67 5AA3
£112.5K07/210.3 mi2, Pens Close, Smethwick, West Midlands B66 4LH3
£112.5K07/210.3 mi2, Pens Close, Smethwick, West Midlands B66 4LH3
£210K01/230.3 mi109, Rawlings Road, Smethwick, West Midlands B67 5AD3
£190K08/230.31 mi15, Rawlings Road, Smethwick, West Midlands B67 5AD3
£120K02/210.31 mi152, Sycamore Road, Smethwick, West Midlands B66 4NS3
£182K01/230.31 mi139, Sycamore Road, Smethwick, West Midlands B66 4NS3
£225K08/230.32 mi18, Mill Hill, Smethwick, West Midlands B67 6HR3
£170K01/210.32 mi10, Mill Hill, Smethwick, West Midlands B67 6HR3
£265K05/210.32 mi187, Willow Avenue, Edgbaston, Birmingham, West Midlands B17 8HJ3
£177.5K12/200.32 mi6, Lotus Croft, Smethwick, West Midlands B67 6ER3
£160K08/230.33 mi128, Stanhope Road, Smethwick, West Midlands B67 6HP3
£176K08/220.33 mi144, Stanhope Road, Smethwick, West Midlands B67 6HP3
£140K08/210.35 mi14, Addenbrooke Road, Smethwick, West Midlands B67 6HT3
£163K11/200.35 mi19, Belmont Road, Smethwick, West Midlands B66 4EL3
£177K12/220.36 mi46, Rosefield Road, Smethwick, West Midlands B67 6DX3
£195K03/230.36 mi44, Rosefield Road, Smethwick, West Midlands B67 6DX3
£80K04/210.36 mi52, Rosefield Road, Smethwick, West Midlands B67 6DX3
£140K12/200.36 mi27, Clarendon Road, Smethwick, West Midlands B67 6DA3
£135K12/200.37 mi108, Thimblemill Road, Smethwick, West Midlands B67 5QS3
£196.5K10/220.37 mi11, Cemetery Road, Smethwick, West Midlands B67 6BB3

Local Rents

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

RentDateDistanceAddressBeds 
£1,17503/250.11 mi-3
£1,00004/250.21 mi-3
£3,00003/240.22 mi-3
£4,00004/250.24 mi-3
£1,19512/240.26 miReginald Road, Smethwick3
£95012/240.27 miOld Chapel Road, Smethwick3
£1,39512/240.29 miMill Hill, Smethwick3
£1,15004/250.34 mi-3
£1,10012/240.36 miRosefield Road, Smethwick3
£1,35001/250.36 mi-3
£1,35004/250.36 mi-3
£1,19512/240.37 miAddenbrooke Road, Smethwick3
£1,20004/250.4 mi-3
£90012/240.45 miParkhill Road, Smethwick, B673
£97503/250.45 mi-3
£1,05012/240.46 miWestbury Road, Edgbaston, B17 8JH3
£1,10012/240.47 mi-3
£1,15012/240.49 miPortland Road, BIRMINGHAM3
£1,15012/240.49 miPortland Road, Edgbaston3
£1,25004/250.49 mi-3
£1,50003/240.5 mi-3
£1,50003/250.52 mi-3
£1,59502/250.57 mi-3
£80012/240.58 miScribbans Close, Smethwick, West Midlands3
£1,20012/240.59 miPark Road, Smethwick, B673
£1,20012/240.59 mi-3
£1,20002/250.6 mi-3
£1,10012/240.61 miGreen Street, Smethwick, Birmingham3

Local Area Statistics

Population in B66

21,335

Population in Smethwick

51,344

Town centre distance

0.17 miles away

Nearest school

0.20 miles away

Nearest train station

0.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+32%

Property History

Listed for £185,000

August 7, 2024

Floor Plans

Description

  • GROUND FLOOR FAMILY BATHROOM +
  • THREE BEDROOMS +
  • IDEAL INVESTMENT OR FOR FIRST TIME BUYERS +
  • WALKING DISTANCE TO BEARWOOD HIGH STREET +
  • TWO RECEPTION ROOMS +

SUMMARY
*Hot Properties In Smethwick!* Explore exceptional homes in Bearwood, ideal for families and investors. Be Quick - these opportunities won't last long! *Contact Us Now *

DESCRIPTION
This property is within a two mile radius to several train stations, such as; Langley Green Station, Smethwick Rolfe Street Station, Smethwick Galton Bridge Station and Rowley Regis Station. There are also multiple bus stops within walking distance of the property giving access to the surrounding towns and Birmingham City Centre.

Doctors surgeries, opticians and dentists are within a one mile radius, also with the access to public transport you should never be pushed for finding any of these.

As well as Birmingham City Centre for shopping needs, there are also the options of local shops and Bearwood High Street under only 10 Minute walk away from the property, giving you a wider range of grocery stores, clothes shops and more.

Ground Floor 

Lounge 13' 2" x 12' 9" ( 4.01m x 3.89m )
Having a double-glazed window to the front aspect, ceiling light point, built-in shelves, radiator, and carpeted floor.

Dining Room 12' 7" x 12' 4" ( 3.84m x 3.76m )
Having double-glazed patio doors leading out to the rear garden, wood style laminate flooring throughout, stairs rising to first floor, ceiling light point, radiator, and through to kitchen.

Kitchen 6' 6" x 13' 2" ( 1.98m x 4.01m )
Fitted kitchen with a range of wall and base units, integrated oven and electric hob, double-glazed window to side to aspect. plumbing for washing machine, ceiling light points, radiator, and wood style laminate flooring.

Bathroom 
Downstairs family bathroom having a double-glazed obscured window to side aspect, bath with overhead shower, W.C, hand wash basin, tiled floor and part tiled walls, ceiling light point, and radiator.

Garden 
Private garden with paved area and lawn.

First Floor 

Bedroom One 12' 4" x 12' 5" ( 3.76m x 3.78m )
Having a double-glazed window to the rear aspect, carpeted flooring, ceiling light point, and radiator.

Bedroom Two 7' x 12' 5" ( 2.13m x 3.78m )
Having a double-glazed window to the front aspect, carpeted flooring, ceiling light point, and radiator.

Bedroom Three 8' x 6' ( 2.44m x 1.83m )
Having a double-glazed window to the front aspect, carpeted flooring, ceiling light point, storage cupboard, and radiator.

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, B'ham West - Bearwood

0121 387 6256

Next Steps?

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