4 Bed Semi-Detached House, Refurb/BRRR, Birmingham, B33 8ER, £190,000

Lea Hall Road, Birmingham, West Midlands, B33 8ER - 105 views - 8 months ago

Refurb/BRRR
~129 m²
+7 photos

ValuationFair Value

Sold Prices£80K - £499.9K
Sold Prices/m²£1.2K/m² - £3.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.5K/m²

Value Estimate

£191,900

 

 

End Value (After Refurb)

£307,370

Uplift in Value

+62%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Refurb Costs

£51,147

Bridging Loan Interest

£4,988

Total Cash In

£112,284

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£307,370

Agent Fees (1%)

£3,074

Bridging Loan

£142,500

Bridging Loan Interest

£4,988

Flip Profit

£49,512

Local Sold Prices

37 sold prices from £80K to £499.9K, average is £265K. £1.2K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£225K12/220.02 mi10, Passfield Road, Birmingham, West Midlands B33 8EU4
£235K02/210.28 mi137, Westacre Gardens, Stechford, Birmingham, West Midlands B33 8RH4
£305K03/220.32 mi20, Norris Drive, Birmingham, West Midlands B33 8DX4
£247K03/210.38 mi132, Manor Road, Stechford, Birmingham, West Midlands B33 8EQ4
£226K08/210.39 mi194, Meadway, Birmingham, West Midlands B33 8NA4
£182K06/210.43 mi28, Masham Close, Birmingham, West Midlands B33 8DY4
£420K02/210.44 mi538, Church Road, Yardley, Birmingham, West Midlands B33 8HT4
£349K01/230.49 mi14, Fairlawns, Birmingham, West Midlands B26 2DT4
£201K12/200.51 mi60, Sheldon Heath Road, Birmingham, West Midlands B26 2DH4
£200K05/230.56 mi66, Swancote Road, Birmingham, West Midlands B33 9JE4
£205K01/230.56 mi55, Swancote Road, Birmingham, West Midlands B33 9JE4
£268K07/210.58 mi22, Sedgemere Road, Yardley, Birmingham, West Midlands B26 2AT4
£300K04/210.62 mi382, Station Road, Stechford, Birmingham, West Midlands B33 8SA4
£266K11/220.66 mi114, Middle Leaford, Birmingham, West Midlands B34 6HA4
£185K02/210.68 mi16, Greetville Close, Birmingham, West Midlands B34 6ER4
£194K03/210.7 mi66, Yockleton Road, Birmingham, West Midlands B33 0EQ4
£325K06/230.71 mi55, Manor Gardens, Birmingham, West Midlands B33 8PS4
£270K01/210.72 mi263, Stoney Lane, Yardley, Birmingham, West Midlands B25 8YG4
£400K01/230.75 mi34, Blakesley Road, Yardley, Birmingham, West Midlands B25 8XU4
£499.9K03/210.75 mi23, Blakesley Road, Yardley, Birmingham, West Midlands B25 8XU4
£80K03/230.78 mi163, Albert Road, Stechford, Birmingham, West Midlands B33 8UB4
£328K03/230.79 mi114, Gleneagles Road, Birmingham, West Midlands B26 2JG4
£308K10/230.81 mi162, Albert Road, Stechford, Birmingham, West Midlands B33 8UE4
£222K02/210.81 mi5, Homestead Road, Birmingham, West Midlands B33 0US4
£300K03/230.83 mi142, Albert Road, Stechford, Birmingham, West Midlands B33 8UA4
£350K08/220.84 mi337, Church Road, Yardley, Birmingham, West Midlands B25 8XR4
£265K06/230.84 mi16, Ashdale Grove, Yardley, Birmingham, West Midlands B26 2JE4
£200K09/230.85 mi61, Albert Road, Stechford, Birmingham, West Midlands B33 8AG4
£218K11/200.92 mi57, Duncroft Road, Yardley, Birmingham, West Midlands B26 2JA4
£200K06/210.92 mi16, Embleton Grove, Birmingham, West Midlands B34 6HS4
£292K05/210.93 mi8, Maryland Avenue, Birmingham, West Midlands B34 6EG4
£259K02/210.95 mi9, Stanton Grove, Birmingham, West Midlands B26 2LH4
£280K06/230.95 mi66, Stechford Road, Birmingham, West Midlands B34 6BH4
£265K10/210.97 mi12, Cockshut Hill, Birmingham, West Midlands B26 2JH4
£301.5K11/220.97 mi6, Hodge Hill Road, Birmingham, West Midlands B34 6DU4
£197K12/201 mi11, Bonham Grove, Birmingham, West Midlands B25 8RX4
£265K09/211 mi99, Bilton Grange Road, Birmingham, West Midlands B26 2JY4

Local Rents

24 rents from £950/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.17 miSouth Roundhay, BIRMINGHAM3
£1,25012/240.18 mi-3
£1,40003/250.27 mi-3
£1,10001/240.27 mi-3
£1,00004/250.29 mi-3
£1,40003/250.34 mi-3
£1,05003/240.36 mi-3
£1,05011/240.36 mi-3
£1,05012/240.36 miGarwood Road, Birmingham, B263
£1,30012/240.37 mi-3
£1,25011/240.37 mi-3
£95012/240.38 miLea Hall Road, Birmingham, B33 8JX3
£1,20003/250.46 mi-3
£1,40004/250.46 mi-3
£1,20012/240.48 miBordesley Green East, Stechford, B33 8RU3
£1,50012/240.54 miOlton Cottage, Yardley, B334
£1,30012/240.54 miIvy house, Yardley, B333
£1,15012/240.54 miShaw Drive, Yardley.3
£1,30012/240.56 miMirfield Road, Stechford, B333
£1,20001/250.57 mi-3
£1,30012/240.6 mi-3
£1,30012/240.6 mi-3
£1,05003/240.61 mi-3
£1,05012/240.61 miKitts Green Road, Birmingham, B333

Local Area Statistics

Population in B33

34,420

Population in Birmingham

1,034,821

Town centre distance

3.79 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £190,000

September 3, 2024

Floor Plans

Description

In need of full modernisation this FOUR BEDROOM and TWO RECEPTION ROOM semi detached has so much to offer. Located within a popular residential area which is close to; Lea Hall train station, shops, schools, leisure centre and Stechford train station. The accommodation in brief comprises: Entrance hall, lounge, dining room, kitchen, family bathroom, lean too and four bedrooms upstairs. Outside there is a driveway wit a side gated giving access to there rear garden. Must be viewed.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QSR240184/2

Agent Details

YOUR MOVE Murray Rogers, Stechford

0121 387 6313

Next Steps?

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