4 Bed Terraced House, Single Let, Birmingham, B16 8BB, £325,000

98 Ruston Road, Birmingham, B16 8BB - 6 views - 8 months ago

BTL
~86 m²
+20 photos

ValuationOvervalued

Sold Prices£190K - £1.7M
Sold Prices/m²£2K/m² - £6.5K/m²

 

 

Square Metres

~86 m²
Price/m²£3.8K/m²

Value Estimate

£289,741

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,150 - £8,000

Rent Estimate

£1,200

Running Costs/mo

£1,276

Cashflow/mo

£-76

Cashflow/yr

£-907

Gross Yield

4%

Local Sold Prices

33 sold prices from £190K to £1.7M, average is £480K. £2K/m² to £6.5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£221.5K12/200 mi106, Ruston Street, Birmingham, West Midlands B16 8BB4
£335K12/200.42 mi19, Oliver Road, Ladywood, Birmingham, West Midlands B16 9ER4
£190K11/210.44 mi1, Sherborne Grove, Birmingham, West Midlands B1 2PU4
£260K02/230.48 mi15, Pinto Close, Birmingham, West Midlands B16 9EP4
£240K05/230.48 mi3, Hickman Gardens, Birmingham, West Midlands B16 9PT4
£450K09/220.49 mi200, Monument Road, Birmingham, West Midlands B16 8UU4
£450K09/210.51 mi3, Clark Street, Birmingham, West Midlands B16 9ES4
£245K05/220.55 mi23, Sefton Road, Birmingham, West Midlands B16 9DR4
£814K11/220.61 mi30, St James Road, Edgbaston, Birmingham, West Midlands B15 2NX4
£462.5K02/210.63 mi31, Lee Crescent, Birmingham, West Midlands B15 2BJ4
£490K04/220.63 mi49, Lee Crescent, Birmingham, West Midlands B15 2BJ4
£265K08/220.66 mi22, Daisy Road, Birmingham, West Midlands B16 9DZ4
£575K02/210.67 mi11, Parkfield Close, Birmingham, West Midlands B15 2NP4
£573.5K05/230.71 mi30, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BN4
£470K08/220.71 mi39, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BN4
£600K06/210.72 mi43, Clarendon Road, Birmingham, West Midlands B16 9SD4
£480K03/220.73 mi1, Clare Drive, Birmingham, West Midlands B15 3LP4
£270K05/210.73 mi55, Mariner Avenue, Birmingham, West Midlands B16 9DF4
£850K11/220.74 mi34, Malcolmson Close, Birmingham, West Midlands B15 3LS4
£550K06/230.74 mi4, Malcolmson Close, Birmingham, West Midlands B15 3LS4
£712K04/220.74 mi6, Malcolmson Close, Birmingham, West Midlands B15 3LS4
£484K03/220.82 mi27, Niall Close, Birmingham, West Midlands B15 3LU4
£240K03/210.82 mi10, Wynn Street, Birmingham, West Midlands B15 2EQ4
£240K03/210.82 mi10, Wynn Street, Birmingham, West Midlands B15 2EQ4
£1.7M02/220.85 mi39, Carpenter Road, Birmingham, West Midlands B15 2JJ4
£552K07/220.86 mi25, Niall Close, Birmingham, West Midlands B15 3LU4
£458K03/210.87 mi6b, Augustus Road, Edgbaston, Birmingham, West Midlands B15 3NB4
£465K12/200.87 mi8, Augustus Road, Edgbaston, Birmingham, West Midlands B15 3NB4
£700K12/200.93 mi33, Hampshire Drive, Birmingham, West Midlands B15 3NY4
£780K09/220.94 mi25, Oak Hill Drive, Birmingham, West Midlands B15 3UG4
£600K01/230.95 mi32, Oak Hill Drive, Birmingham, West Midlands B15 3UG4
£865K03/210.97 mi5, Broomhurst, Birmingham, West Midlands B15 3NL4
£625K02/210.99 mi47, Selwyn Road, Birmingham, West Midlands B16 0SJ4

Local Rents

50 rents from £1.1K/mo to £8K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,20012/240.06 miPenthouse, 40 Ryland, B163
£1,55012/240.09 miBroadway Plaza, 220 Ladywood Middleway3
£1,50012/240.13 mi10 Ryland Street, Birmingham City Centre3
£1,80012/240.14 miSheepcote Street, Birmingham, B163
£2,75012/240.17 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3
£2,75012/240.17 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3
£2,75012/240.17 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3
£4,00002/240.18 mi-4
£1,15003/250.18 mi-3
£3,35012/240.23 miTriplex, King Edwards Wharf, Sheepcote Street, B163
£1,19503/250.24 mi-3
£1,25002/250.25 mi-3
£1,25004/250.25 mi-3
£2,40004/250.25 mi-3
£1,95012/240.26 mi-3
£1,75503/250.26 mi-3
£1,20003/250.26 mi-3
£1,35001/250.26 mi-3
£1,25003/250.26 mi-3
£1,75002/240.27 mi-4
£1,50002/250.27 mi-4
£2,10002/240.27 mi-4
£3,40012/240.28 miThe Mercian, Broad Street, Birmingham3
£3,40012/240.29 miThe Mercian, Birmingham, B153
£3,40012/240.29 miThe Mercian, Birmingham, B153
£3,40012/240.29 miThe Mercian, Birmingham, B153
£3,40012/240.29 miThe Mercian, Birmingham, B153
£3,11012/240.29 miThe Mercian, Birmingham, B153
£3,11012/240.29 miThe Mercian, Birmingham, B153
£3,11012/240.29 miThe Mercian, Birmingham, B153
£3,40012/240.29 miThe Mercian, Birmingham, B153
£3,11012/240.29 miThe Mercian, Birmingham, B153
£3,35012/240.3 miThe Mercian, Broad Street, Birmingham3
£3,11012/240.3 miThe Mercian, Broad Street, Birmingham3
£3,11012/240.3 miThe Mercian, Broad Street, Birmingham3
£3,40012/240.3 miThe Mercian, Birmingham, B153
£3,40012/240.3 miThe Mercian, Birmingham, B153
£3,40012/240.3 miThe Mercian, Birmingham, B153
£3,00002/240.31 mi-3
£1,50002/240.31 mi-3
£1,50002/240.31 mi-3
£1,42812/240.32 miShepherds Gardens, Birmingham3
£1,42812/240.32 miShepherds Gardens, Birmingham3
£2,91512/240.35 miBroad Street, Birmingham, B153
£3,40012/240.35 miBroad Street, Birmingham, B153
£8,00012/240.35 miBroad Street, Birmingham, B153
£2,10012/240.36 mi-3
£3,99902/250.37 mi-3
£3,30612/240.44 miENSUITE. £127.17 PPPW FOR GROUP OF 6 PEOPLE. Reservoir Retreat, Edgbaston B16 9EH6
£3,30612/240.44 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7

Local Area Statistics

Population in B16

23,618

Population in Birmingham

1,034,821

Town centre distance

1.84 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-17%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £325,000

August 21, 2024

Floor Plans

Description

  • RUSTON STREET +
  • Refurbished +
  • 4 Bedrooms +
  • No Chain +
  • Freehold +
  • Large rear garden +
  • Permit street parking +
  • Walking Distance to All Major City Centre Landmarks +

Full Description The property briefly consists of an entrance porch leading through to the ground floor hallway with understairs shelving. This in turn leads to:

Bedroom One
Double bedroom to the front of the property, complete with new carpets, curtains. This room also offers a delightful view which overlooks the fore garden.

Kitchen
Recently refitted to a high standard and comprising of an electric hob and cooker with overhead extractor fan, ample cupboard storage, and breakfast bar.

Main Living Area
To the rear of the property and overlooking the substantial patio garden.

Utility Cupboard
Affording access to the gas central heating, as well as additional storage.

Downstairs WC

Private Garden
A spacious private garden with substantial patio space. The property also benefits from external power-points, which would prove beneficial for external decoration or entertainment.

Upstairs
Bedrooms Two, Three and Four
Three double bedrooms, each with new carpets, curtains.

Bathroom and WC. Consisting of a bath, separate shower unit and sink. There is a separate WC.

Important Information:

Current tenancy expires 31st May 2024
Current rent: 1200 PCM
Freehold
No Chain
EPC Rating: C
Council Tax Band: A

Agent Details

Davidson Estates, Edgbaston - HQ

0121 387 6789

Next Steps?

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