4 Bed Detached House, Single Let, Birmingham, B24 0SD, £375,000

Lathe Way, Pype Hayes, B24 0SD - 1 views - 7 months ago

BTL
~129 m²
+18 photos

ValuationOvervalued

Sold Prices£42.7K - £620K
Sold Prices/m²£423/m² - £4.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.9K/m²

Value Estimate

£336,069

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£975 - £2,999

Rent Estimate

£980

Running Costs/mo

£1,388

Cashflow/mo

£-408

Cashflow/yr

£-4,894

Gross Yield

3%

Local Sold Prices

48 sold prices from £42.7K to £620K, average is £312.5K. £423/m² to £4.7K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£320K05/220.12 mi1181, Tyburn Road, Birmingham, West Midlands B24 0TE4
£287K12/200.21 mi8, Egerton Road, Birmingham, West Midlands B24 0RT4
£275K10/200.37 mi4, Woodlands Farm Road, Birmingham, West Midlands B24 0PG4
£310K11/230.37 mi52, Woodlands Farm Road, Birmingham, West Midlands B24 0PG4
£190K04/210.41 mi26, Lyneham Way, Birmingham, West Midlands B35 6DJ4
£276K05/210.41 mi7, Newcome Close, Birmingham, West Midlands B24 0JY4
£288K11/210.47 mi17, Windfall Court, Birmingham, West Midlands B24 0LG4
£42.7K05/230.5 mi169, Springthorpe Road, Birmingham, West Midlands B24 0SN4
£275K09/230.55 mi17, Silverdale Road, Birmingham, West Midlands B24 0SH4
£322K09/230.56 mi249, Springthorpe Road, Birmingham, West Midlands B24 0SG4
£136K10/200.6 mi2, Upavon Close, Birmingham, West Midlands B35 6BJ4
£385K03/210.65 mi214, Eachelhurst Road, Sutton Coldfield, West Midlands B76 1EW4
£400K01/210.65 mi222, Eachelhurst Road, Sutton Coldfield, West Midlands B76 1EW4
£135K11/200.69 mi366, Holly Lane, Erdington, Birmingham, West Midlands B24 9LN4
£175K04/210.72 mi32, Dyce Close, Birmingham, West Midlands B35 6JY4
£315K11/220.73 mi156, Grange Road, Erdington, Birmingham, West Midlands B24 0EX4
£360K11/200.77 mi83, Grange Road, Erdington, Birmingham, West Midlands B24 0ET4
£316K06/210.77 mi25, The Fairways, Sutton Coldfield, West Midlands B76 1FZ4
£305K05/210.77 mi19, The Fairways, Sutton Coldfield, West Midlands B76 1FZ4
£384K08/210.78 mi112, Grange Road, Erdington, Birmingham, West Midlands B24 0EU4
£400K09/210.79 mi11, Poppy Lane, Birmingham, West Midlands B24 0EJ4
£375K03/210.79 mi18, Poppy Lane, Birmingham, West Midlands B24 0EJ4
£460K05/220.79 mi26, Poppy Lane, Birmingham, West Midlands B24 0EJ4
£160K03/210.8 mi3, Renfrew Square, Birmingham, West Midlands B35 6JT4
£200K11/210.81 mi19, Rhoose Croft, Birmingham, West Midlands B35 7NB4
£260K09/220.83 mi24, Turnhouse Road, Birmingham, West Midlands B35 6PS4
£310K06/210.83 mi73, Grange Road, Erdington, Birmingham, West Midlands B24 0DQ4
£375K01/210.84 mi282, Eachelhurst Road, Sutton Coldfield, West Midlands B76 1EP4
£480K06/210.84 mi298, Eachelhurst Road, Sutton Coldfield, West Midlands B76 1EP4
£520K10/220.84 mi837, Chester Road, Erdington, Birmingham, West Midlands B24 0BT4
£370K02/210.85 mi198, Plants Brook Road, Sutton Coldfield, West Midlands B76 1HN4
£235K09/220.86 mi17, Chase Grove, Birmingham, West Midlands B24 0HU4
£277K11/230.86 mi27, Tolworth Hall Road, Birmingham, West Midlands B24 9NE4
£418K04/220.87 mi31, Greenside Road, Birmingham, West Midlands B24 0DJ4
£175K08/220.87 mi38, Orchard Meadow Walk, Birmingham, West Midlands B35 7LU4
£265K05/220.89 mi27, Prestwick Road, Birmingham, West Midlands B35 6PG4
£440K12/200.89 mi1, Whichford Close, Sutton Coldfield, West Midlands B76 1WQ4
£400K12/200.89 mi32, Shrubbery Close, Sutton Coldfield, West Midlands B76 1WE4
£285K07/230.9 mi1, Hollifast Lane, Birmingham, West Midlands B24 0JE4
£240K07/230.91 mi8, Lydd Croft, Birmingham, West Midlands B35 6PP4
£381.3K03/230.94 mi73, Berkswell Road, Birmingham, West Midlands B24 9ED4
£350K12/220.95 mi189, Holly Lane, Erdington, Birmingham, West Midlands B24 9LA4
£470K11/220.95 mi36, Orton Avenue, Sutton Coldfield, West Midlands B76 1JJ4
£620K05/230.99 mi238, Penns Lane, Sutton Coldfield, West Midlands B76 1LQ4
£210K08/230.99 mi25, Berrandale Road, Birmingham, West Midlands B36 8PU4
£352K03/210.99 mi35, Winton Grove, Minworth, Sutton Coldfield, West Midlands B76 1XE4
£222K03/210.99 mi98, Javelin Avenue, Castle Vale, Birmingham, West Midlands B35 7LW4
£353K12/201 mi9, Marfield Close, Minworth, Sutton Coldfield, West Midlands B76 1YD4

Local Rents

31 rents from £975/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.07 mi-3
£97512/240.13 mi-3
£1,30010/240.24 mi-3
£1,90001/240.24 mi-5
£1,35012/240.26 miHale Grove, BIRMINGHAM4
£1,15007/240.27 mi-3
£1,20012/240.27 mi-3
£2,99909/240.29 mi-3
£98001/240.31 mi-3
£98001/240.31 mi-3
£98001/240.31 mi-3
£98001/240.31 mi-3
£98001/240.31 mi-3
£1,99512/240.36 miEachelhurst Road, Erdington4
£1,99012/240.42 miEachelhurst Road, Birmingham, West Midlands, B244
£1,40002/250.44 mi-3
£1,29512/240.45 mi-3
£1,29512/240.45 miPaget Road, Birmingham, B243
£1,10012/240.45 mi-3
£1,20012/240.46 miBurcote Road, Erdington3
£1,10012/240.52 miBlossom Road, Erdington, BIRMINGHAM3
£1,05001/240.53 mi-3
£1,20002/250.55 mi-3
£1,10010/230.55 mi-3
£1,30012/240.57 mi-3
£1,30012/240.57 miHollydale Road, Birmingham, West Midlands3
£1,30012/240.57 miHollydale Road, BIRMINGHAM3
£1,30012/240.57 miHollydale Road, BIRMINGHAM3
£1,10012/240.57 miHansons Bridge Road, Erdington, Birmingham, West Midlands3
£1,20012/240.58 miWestmead Crescent, Birmingham3
£1,30012/240.61 miWoodcote Road, BIRMINGHAM3

Local Area Statistics

Population in B24

28,259

Population in Birmingham

1,034,821

Town centre distance

5.02 miles away

Nearest school

0.10 miles away

Nearest train station

1.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+36%

Property History

Listed for £375,000

September 14, 2024

Floor Plans

Description

  • RARELY AVAILABLE +
  • DETACHED TOWNHOUSE +
  • FOUR BEDROOMS +
  • BALCONY OVERLOOKING CANAL +
  • GARAGE +
  • TWO RECEPTION ROOMS +
  • KITCHEN BREAKFAST ROOM +
  • POPULAR RESIDENTIAL LOCATION +
  • ACCOMMODATION OVER THREE FLOORS +

Rarely available, step into luxury living with this stunning 4-bedroom, freehold, detached townhouse that boasts picturesque canal views in the sought-after Pype Hayes estate. Experience modern and contemporary living at its finest, with convenient spaces suitable for all types of homeowners. Essential shopping amenities are just a short walk away, while a quick drive opens up a world of comprehensive retail therapy at the Fort Shopping Park. Enjoy easy commutes with readily available bus services and close proximity to motorway links and A roads. Featuring gas central heating, PVC double glazing, designer radiators, and stylish blinds, this home offers a pristine interior with a deep entrance hall, spacious dining room, fitted breakfast kitchen, guest cloakroom/WC, and a luxurious lounge with a double balcony overlooking the canal. The second-floor hosts three bedrooms, with one benefiting from an en-suite shower room and Hammonds fitted wardrobes, while the others are serviced by a family bathroom. Outside, a multivehicular drive and a single garage offer ample parking, and the paved patio opens up to a lovely lawn. Don't miss the chance to experience the tranquillity, stunning décor, and prime location of this beautiful home – schedule your viewing now!

Agent Details

Paul Carr, Walmley

0121 387 6325

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪