3 Bed Semi-Detached House, Single Let, Birmingham, B19 2DD, £245,000

Orchid Drive, Hockley, West Midlands, B19 2DD - 5 views - 8 months ago

BTL
ROI: 1%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£82K - £353K
Sold Prices/m²£1K/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£167,400

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,700

Total Cash In

£69,950

 

 

Cash Out

 

Rent Range

£975 - £3,600

Rent Estimate

£1,078

Running Costs/mo

£1,001

Cashflow/mo

£77

Cashflow/yr

£921

ROI

1%

Gross Yield

5%

Local Sold Prices

49 sold prices from £82K to £353K, average is £180K. £1K/m² to £3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£222K02/220.01 mi17, Orchid Drive, Hockley, Birmingham, West Midlands B19 2DD3
£148K05/210.01 mi4, Orchid Drive, Hockley, Birmingham, West Midlands B19 2DD3
£82K04/210.01 mi2, Orchid Drive, Hockley, Birmingham, West Midlands B19 2DD3
£125K05/230.14 mi124, Melbourne Avenue, Birmingham, West Midlands B19 2HZ3
£126.5K03/210.14 mi82, Melbourne Avenue, Birmingham, West Midlands B19 2HZ3
£155K06/210.14 mi310, Hospital Street, Birmingham, West Midlands B19 2NJ3
£178K10/220.17 mi359, Hospital Street, Birmingham, West Midlands B19 2NL3
£115K05/210.18 mi51, Ventnor Avenue, Lozells, Birmingham, West Midlands B19 2JQ3
£150K11/200.19 mi93, Porchester Drive, Birmingham, West Midlands B19 2LT3
£150K01/230.19 mi325, Hospital Street, Birmingham, West Midlands B19 2YD3
£180K02/220.19 mi43, Roslin Grove, Birmingham, West Midlands B19 2HT3
£187K07/220.23 mi11, Hockley Close, Birmingham, West Midlands B19 2NS3
£150K03/220.27 mi187, Burbury Street, Lozells, Birmingham, West Midlands B19 1TL3
£190K06/230.3 mi8, Gunmakers Walk, Birmingham, West Midlands B19 2DW3
£95K02/230.33 mi106, Lozells Street, Birmingham, West Midlands B19 2AT3
£156K03/210.34 mi31, Lount Walk, Birmingham, West Midlands B19 2QD3
£170K04/220.34 mi3, Lount Walk, Birmingham, West Midlands B19 2QD3
£180K11/220.4 mi104, Wills Street, Birmingham, West Midlands B19 2AZ3
£160K12/220.56 mi6, Roland Road, Birmingham, West Midlands B19 1RS3
£215K11/220.6 mi62, Whitmore Street, Birmingham, West Midlands B18 5BP3
£235K02/230.6 mi44, Leonard Road, Birmingham, West Midlands B19 1JU3
£145K11/220.6 mi38, Leonard Road, Birmingham, West Midlands B19 1JU3
£150K06/230.63 mi12, Parliament Street, Aston, Birmingham, West Midlands B6 4TS3
£150K09/220.64 mi59, South Road, Hockley, Birmingham, West Midlands B18 5NA3
£205K07/230.67 mi48, Hurdlow Avenue, Birmingham, West Midlands B18 5QQ3
£193K04/230.68 mi23, Goode Avenue, Birmingham, West Midlands B18 5QH3
£205K04/230.73 mi134, Fentham Road, Aston, Birmingham, West Midlands B6 6AU3
£200K09/220.77 mi219, South Road, Hockley, Birmingham, West Midlands B18 5JP3
£190K02/230.78 mi94, Prestbury Road, Birmingham, West Midlands B6 6EE3
£176K05/210.8 mi134, Frederick Road, Aston, Birmingham, West Midlands B6 6DG3
£220K03/230.8 mi140, Frederick Road, Aston, Birmingham, West Midlands B6 6DG3
£187K03/210.84 mi40, Ettington Road, Birmingham, West Midlands B6 6ET3
£195K06/230.85 mi45, Prestbury Road, Birmingham, West Midlands B6 6EH3
£120K10/210.85 mi4, South Road Avenue, Birmingham, West Midlands B18 5JR3
£240K02/220.85 mi144, South Road, Hockley, Birmingham, West Midlands B18 5LE3
£120K10/210.86 mi33, Ettington Road, Birmingham, West Midlands B6 6ES3
£195K09/220.87 mi36, Welford Road, Birmingham, West Midlands B20 2BJ3
£170K06/210.88 mi45, Grange Road, Aston, Birmingham, West Midlands B6 6LA3
£250K09/220.88 mi35, Gibson Road, Birmingham, West Midlands B20 3UE3
£130K04/230.89 mi137, Witton Road, Birmingham, West Midlands B6 6JR3
£149K09/210.9 mi216, Witton Road, Birmingham, West Midlands B6 6LB3
£180K11/210.92 mi160, Bevington Road, Birmingham, West Midlands B6 6HT3
£270K02/210.92 mi17, Beaudesert Road, Birmingham, West Midlands B20 3TQ3
£230K12/200.95 mi9, Charles Road, Handsworth, Birmingham, West Midlands B20 3QN3
£353K12/210.96 mi89, Camden Street, Birmingham, West Midlands B1 3DD3
£211K10/220.96 mi1, Townley Gardens, Birmingham, West Midlands B6 6LP3
£245K02/230.96 mi278, Camden Street, Hockley, Birmingham, West Midlands B18 7NZ3
£195K07/230.97 mi5, Apollo Way, Birmingham, West Midlands B20 3ND3
£188K09/230.99 mi32, Normandy Road, Perry Barr, Birmingham, West Midlands B20 3BE3

Local Rents

27 rents from £975/mo to £3.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20002/240.14 mi-3
£97503/240.23 miHockley Close, BIRMINGHAM3
£1,36603/240.25 mi-3
£1,07503/240.25 miWestthorpe Grove, Birmingham, B193
£1,10003/240.25 miWestthorpe Grove, Birmingham, B193
£1,07502/240.25 mi-3
£1,25003/250.25 mi-3
£3,10006/240.27 mi-3
£3,10012/240.27 mi-3
£3,10012/240.27 mi-3
£1,29502/250.27 mi-3
£1,25004/250.27 mi-3
£1,10001/250.37 mi-3
£1,20004/250.39 mi-3
£1,20002/240.39 mi-3
£1,18504/250.39 mi-3
£1,60412/240.43 miHooper Street, Birmingham3
£1,60412/240.43 miHooper Street, Birmingham3
£1,60412/240.43 miHooper Street, Birmingham3
£2,25012/240.46 miGreat Hampton Street, Jewellery Quarter, Birmingham3
£1,27504/250.49 mi-3
£1,70012/240.52 miBranston Street, B183
£1,95012/240.56 miBranston Street, Birmingham, B183
£3,00003/250.59 mi-3
£3,60003/240.61 mi-3
£2,40001/240.62 mi-3
£1,30012/240.62 mi-3

Local Area Statistics

Population in B19

20,152

Population in Birmingham

1,034,821

Town centre distance

2.45 miles away

Nearest school

0.20 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+43%

Property History

Price changed to £245,000

December 4, 2024

Listed for £250,000

August 20, 2024

Floor Plans

Description

  • Central Heating +
  • Shops and amenities nearby +
  • Fitted Kitchen +
  • Double glazing +
  • Conservatory +
  • Close to public transport +
  • Garden +
  • Parking +

CUL DE SAC LOCATION Virdee Estates are proud to present For Sale this 3 bedroom semi-detached property. Comprising of having a hallway, lounge with dining area, fitted kitchen, conservatory, ground floor w.c. and first floor bathroom. Further benefiting from having gas central heating, double glazing, driveway to front and a rear garden. Offered Freehold. EPC Rating: D67

Approach
The property is set back from the main road in a cul de sac location, having porchway leading too;

Hallway
Having a ceiling light point, laminate flooring, panelled radiator and doors off too;

Lounge – Dining Room
3.05m x 8.26m
Having ceiling light points, laminate flooring, two panelled radiators and a double glazed window to the front elevation. Leading to conservatory and rear garden.

Fitted Kitchen
2.62m x 2.84
Having a ceiling light point, laminate flooring, a range of modern wall and base units with worktop over, stainless steel sink with mixer taps, splash back tiles, panelled radiator and a double glazed window to the rear elevation.

Conservatory
2.44m x 2.82m
Having laminate flooring, panelled radiator and access to the rear garden.

W.C.
Having a ceiling light point, hand wash basin and an obscure window to the front elevation.

Stairs from reception leading too;
First Floor

Landing
Having a ceiling light point, laminate flooring, access to loft and doors leading too:-

Bedroom 1
3.23m x 4.80m
Having a ceiling light point, laminate flooring, and an UPVC double glazed window to the rear elevation

Bedroom 2
3.17m x 3.23m
Having a ceiling light point, laminate flooring, panelled radiator and an UPVC double glazed window to the front elevation

Bedroom 3
2.64m x 2.95m
Having a ceiling light point, laminate flooring, panelled radiator, and an UPVC double glazed window to the front elevation

Shower Room
Having a ceiling light point, fully tiled walls and floor, hand wash basin with worktop over, corner shower cubicle and W.C. Obscure window to the rear elevation.

Rear Garden
Pleasant garden having mostly paved area with plantation to borders, leading down to outdoor shed and having fenced perimeter.

General Information

Tenure
The property is Freehold.

The Agent has not checked the legal documents to verify the Freehold status of the property.

The buyer is advised to obtain verification from their Solicitor or Surveyor.

Services
All mains’ services are understood to be available and connected.

Fixtures and Fittings
All fixtures and fittings mentioned in these particulars of sale are included in the asking price. All others are specifically excluded, but some items may be available by separate negotiation.

THINKING OF SELLING OR LETTING YOUR HOME?
Virdee Estates would be delighted to carry out a FREE market appraisal of your property.
CALL NOW ON

Agent Details

Virdee Estates, Birmingham

0121 387 6414

Next Steps?

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