3 Bed Semi-Detached House, Single Let, Birmingham, B37 6LE, £270,000

2 Wheeley Moor Road, Birmingham, West Midlands, B37 6LE - 1 views - 4 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£975 - £2,900

Rent Estimate

£919

Running Costs/mo

£1,048

Cashflow/mo

£-129

Cashflow/yr

£-1,543

Gross Yield

4%













Local Rents

17 rents from £975/mo to £2.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10010/240.06 mi-3
£1,30012/240.24 mi-3
£1,15012/240.24 miOakthorpe Drive, BIRMINGHAM3
£1,15012/240.28 miFalkland Way, B363
£1,20012/230.33 mi-3
£1,20012/230.33 mi-3
£1,05009/230.34 mi-3
£1,10012/240.35 mi-3
£1,10012/240.35 mi-3
£1,70012/240.36 mi-3
£1,80001/250.4 mi-3
£2,90001/250.4 mi-3
£97510/230.42 mi-3
£2,86510/230.46 mi-3
£2,86510/230.46 mi-3
£1,35012/240.54 mi-3
£1,20011/240.56 mi-3

Local Area Statistics

Population in B37

35,871

Population in Birmingham

1,034,821

Town centre distance

5.96 miles away

Nearest school

0.20 miles away

Nearest train station

1.79 miles away

 

 

Rental growth (12m)

+71%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £270,000

September 23, 2024

Sold for £68,000

2000

Floor Plans

Description

  • Three bedroom Semi detached +

  • Corner plot +

  • No Chain +

  • Driveway +

  • Conservatory +

Dixons are delighted to bring this three bedroom semi-detached freehold house with parking.

Viewing essential for this family home on a good size corner plot.

NO UPWARDS CHAIN

Entrance via the porch which has ceramic tiled flooring.

Hallway with laminate flooring.

Lounge with laminate flooring.

Island area before the kitchen which has USB points.
Kitchen has a range of units with USB points. Ceramic floor tiles.

Conservatory with ceramic floor tiles.

Upstairs there is a landing with the rooms leading off.

Bedroom One is a large double room. Laminate flooring.

Bedroom Two is a double bedroom. Laminate flooring.

Bedroom Three is a large single room. Laminate flooring.

Outside at the front there is a grass lawn, driveway and garage to the left.

Rear garden is low maintenance with paving slabs and fenced.

Council tax band C

Wheeley Moor Road
B37

Agent Details

Dixons, Castle Bromwich

0121 387 6272

Next Steps?

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