2 Bed Flat, Single Let, Birmingham, B15 3XH, £200,000

Stockdale Place, Edgbaston, Birmingham, B15 3XH - 3 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£56.5K - £277K
Sold Prices/m²£1.1K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£150,737

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£850 - £2,750

Rent Estimate

£900

Running Costs/mo

£825

Cashflow/mo

£75

Cashflow/yr

£900

ROI

2%

Gross Yield

5%

Local Sold Prices

46 sold prices from £56.5K to £277K, average is £135K. £1.1K/m² to £4.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£167K11/200.02 mi12, Stockdale Place, Birmingham, West Midlands B15 3XH2
£162.5K11/210.02 mi33, Stockdale Place, Birmingham, West Midlands B15 3XH2
£155K03/210.02 mi73, Stockdale Place, Birmingham, West Midlands B15 3XH2
£200K03/230.02 mi10, Stockdale Place, Birmingham, West Midlands B15 3XH2
£160K03/210.05 miFlat 31, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£82.5K08/230.05 miFlat 24, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£141K05/230.05 miFlat 16, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£130K10/210.13 miFlat 1, St. Dennis House, Melville Road, Birmingham, West Midlands B16 9NE2
£135K11/200.13 miFlat 10, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£147K08/210.13 miFlat 3, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£143.5K03/210.13 miFlat 7, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£255.5K02/210.24 miFlat 5, Westfield Hall, Hagley Road, Birmingham, West Midlands B16 9LG2
£255K06/210.25 miFlat 56, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2
£277K10/220.25 miFlat 78, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2
£270K11/220.41 miApartment 17, Cavendish Court, Oakhill Close, Birmingham, West Midlands B17 8DE2
£135K04/210.47 miApartment 19, Cavendish Court, Oakhill Close, Birmingham, West Midlands B17 8DE2
£135K04/210.47 miApartment 19, Cavendish Court, Oakhill Close, Birmingham, West Midlands B17 8DE2
£268K08/220.61 mi128, Ravenhurst Road, Harborne, Birmingham, West Midlands B17 9HP2
£140K07/210.7 mi20, Brewers Square, Birmingham, West Midlands B16 0PN2
£220K08/210.75 miFlat 64, Chadbrook Crest, Richmond Hill Road, Birmingham, West Midlands B15 3RN2
£123K06/210.83 mi49, Hickory Drive, Birmingham, West Midlands B17 8HL2
£70.5K01/230.83 mi35, Hickory Drive, Birmingham, West Midlands B17 8HL2
£145K10/200.87 miFlat 79, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RS2
£132K04/210.87 miFlat 77, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RS2
£172K11/200.87 miFlat 72, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RS2
£65K09/210.88 miFlat 35, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£63K09/220.88 miFlat 58, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£57.5K08/220.88 miFlat 15, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£65K01/220.88 miFlat 34, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£56.5K08/220.88 miFlat 27, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£60K05/230.88 miFlat 54, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£69.5K05/220.88 miFlat 23, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£76.5K08/210.88 miFlat 1, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£67.5K02/210.88 miFlat 36, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£63K06/210.88 miFlat 26, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£70K08/230.88 miFlat 31, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£70K10/220.88 miFlat 28, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£77.5K11/230.88 miFlat 18, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£70.5K12/220.88 miFlat 52, Milton Court, Sandon Road, Smethwick, West Midlands B66 4AD2
£175K02/210.89 miFlat 27, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RU2
£235K10/210.89 miFlat 9, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RU2
£200K08/210.89 miFlat 30, Highpoint, Richmond Hill Road, Birmingham, West Midlands B15 3RU2
£82K08/220.91 miFlat 50, Timbermill Court, Serpentine Road, Harborne, Birmingham, West Midlands B17 9RD2
£80K05/230.92 miFlat 54, Timbermill Court, Serpentine Road, Harborne, Birmingham, West Midlands B17 9RD2
£100K07/230.92 miFlat 2, Timbermill Court, Serpentine Road, Harborne, Birmingham, West Midlands B17 9RD2
£255K10/220.96 miFlat 19, Crofters Court, Harrisons Road, Birmingham, West Midlands B15 3QR2

Local Rents

50 rents from £850/mo to £2.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,49512/240.02 mi-2
£1,25002/250.02 mi-2
£1,10003/250.02 mi-2
£2,40012/240.06 mi-2
£2,75012/240.06 mi-2
£85012/240.08 miWest Point, Edgbaston2
£1,15012/240.09 miFlat , Holly Mount, Hagley Road, Birmingham2
£99512/240.09 mi283 - 285 Hagley Road, Edgbaston, Birmingham, B16 9NB2
£99512/240.09 miWest Point, Hermitage Road, Edgbaston, Birmingham, B15 3US2
£95003/250.1 mi-2
£1,15003/240.1 mi-2
£1,00012/240.1 mi-2
£1,20002/250.13 mi-2
£99502/250.13 mi-2
£1,07512/240.14 miSpire Court, Manor Road, Edgbaston, Birmingham2
£1,20012/240.14 miSpire Court, Manor Road, Edgbaston, B162
£1,14902/240.14 mi-2
£1,19512/240.15 miWoodbourne, Edgbaston2
£1,25012/240.16 miSt Augustines Court, St Augustines Road, Edgbaston2
£1,15012/240.16 miSt. Augustines Road, Birmingham2
£1,20012/240.22 miLime Court, 206a Hagley Road, Birmingham, B162
£1,25012/240.24 miWoodbourne, Augustus Road, Edgbaston2
£99512/240.25 miWoodbourne, Augustus Road, Edgbaston, Birmingham, B152
£1,05012/240.25 miElmhurst, Norfolk Road2
£1,45012/240.27 miWestfield Road2
£1,45012/240.27 miWestfield Road, Edgbaston, B152
£1,25012/240.28 miWoodbourne, Augustus Road, Edgbaston, B152
£1,80003/250.29 mi-2
£1,05012/240.3 miHowfield Court, 395 Gillott Road, Edgbaston 2
£1,05012/240.33 miPortland Road, BIRMINGHAM2
£1,59512/240.35 miYork Road, Edgbaston, Birmingham, B16 9JA2
£1,10012/240.36 miStanmore Road, BIRMINGHAM2
£1,00012/240.36 miStanmore Road, BIRMINGHAM2
£1,15012/240.36 miStanmore Road, Smethwick2
£1,17501/250.37 mi-2
£1,20003/250.37 mi-2
£99512/240.38 miMeadow Court, Meadow Road, Edgbaston, Birmingham, B172
£92503/240.39 mi-2
£92503/240.39 mi-2
£92512/240.39 miYork Road, Edgbaston, Birmingham, B162
£1,40012/240.4 mi-2
£95012/240.42 miYork Road, Edgbaston, Birmingham2
£1,40012/240.44 mi5 Montague Road, Edgbaston, Birmingham, B16 9HR2
£1,40003/250.47 mi-2
£1,20003/250.47 mi-2
£97512/240.47 mi-2
£1,40012/240.47 miCavendish Court, Oakhill Close, Harborne, B172
£90002/240.49 mi-2
£1,16512/240.53 miCity Road, Edgbaston, Birmingham, B172
£1,15512/240.53 miCity Road, Edgbaston, Birmingham, B172

Local Area Statistics

Population in B15

17,552

Population in Birmingham

1,034,821

Town centre distance

2.95 miles away

Nearest school

0.20 miles away

Nearest train station

1.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+71%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £200,000

August 27, 2024

Sold for £181,000

2020

Sold for £137,500

2003

Sold for £102,500

2002

Floor Plans

Description

  • Beautiful ground floor 2 bed apartment +
  • Wonderful outlook onto private gardens +
  • Spacious throughout with updates +
  • Includes garage +
  • Plenty of parking on site +
  • Excellent transport links nearby +
  • Convenient for High Street amenities +
  • A short commute to the city centre +
  • Nearby to Queen Elizabeth hospital +

A beautifully presented, much improved 2 bedroom ground floor apartment in the well regarded and conveniently located Stockdale Place. This spacious property occupies an excellent position with a private southerly outlook and access out onto the well maintained gardens. The property also includes it's own private garage.

Approached via a private road, Stockdale place is a well regarded development. The apartment features secure entry and opens into a welcoming entrance hallway that gives access through to a recently updated and improved kitchen. This room features ample surface and storage space with real wood surfaces and a pleasant outlook to the grounds at the front of the property.

To the rear sits a large lounge with ample window space giving an uninterrupted view out onto the private gardens with access out through a door way. This is a spacious room with plenty of space for different configurations.

Leading further into the property are two good sized double bedrooms. The master bedroom features wooden panelling which finishes the room beautifully and plenty of storage space.

The bathroom has also received recent updates with a well-chose suite comprising of a large walk-in shower with rain forest effect.

To summarise this has to be one of the best apartments we have seen in Stockdale Place over the years with an enviable outlook, excellent proportions and money spent in the right places to enhance and improve this excellent space. The addition of a garage and plenty of on-site parking only adds to the appeal.

We understand the following to be correct at time of going to press:
S
Service charge approx £1600 every 6 months
Lease remaining approx 125 years
Ground rent approx £50 p/a

Stockdale Place is very well positioned for both the city centre and Harborne village - a very popular location for young professionals who enjoy the range of restaurants, bars and shops along the high street.

The transport links in this area are also very convenient with easy bus links into and out of the city along with quick access to both the M6 and M5 motorways. You will also find some of south Birmingham's best parkland within 5 minutes drive including the delightful Warley Woods and the ever popular Botanical Gardens.

Agent Details

Wentworth & Rose, Harborne

0121 387 6490

Next Steps?

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