4 Bed Detached House, Single Let, Birmingham, B32 3QJ, £615,000

83 Adams Hill, Birmingham, West Midlands, B32 3QJ - 3 views - 7 months ago

BTL
197 m²
+10 photos

ValuationOvervalued

Sold Prices£152K - £450K
Sold Prices/m²£1.5K/m² - £3.7K/m²

 

 

Square Metres

197 m²
Price/m²£3.1K/m²

Value Estimate

£474,684

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£153,750

Stamp Duty & Legal Fees

£38,700

Total Cash In

£192,450

 

 

Cash Out

 

Rent Range

£100 - £1,700

Rent Estimate

£455

Running Costs/mo

£2,033

Cashflow/mo

£-1,578

Cashflow/yr

£-18,934

Gross Yield

1%

Local Sold Prices

26 sold prices from £152K to £450K, average is £311.8K. £1.5K/m² to £3.7K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£252K07/210.14 mi29, Highmore Drive, Birmingham, West Midlands B32 3JY4
£450K05/230.23 mi41, Hightree Close, Birmingham, West Midlands B32 3QP4
£365K06/230.37 mi3, Fernwoods, Birmingham, West Midlands B32 3RL4
£321K11/200.38 mi12, Poplarwoods, Birmingham, West Midlands B32 3RJ4
£205K08/230.45 mi157, Balmoral Road, Bartley Green, Birmingham, West Midlands B32 4JH4
£320K04/210.47 mi98, Bartley Woods, Birmingham, West Midlands B32 3RB4
£327K03/230.48 mi7, Clapgate Lane, Birmingham, West Midlands B32 3DR4
£230K04/230.56 mi50, Greenacres, Bartley Green, Birmingham, West Midlands B32 3BF4
£266K03/230.56 mi53, Greenacres, Bartley Green, Birmingham, West Midlands B32 3BF4
£310K11/220.56 mi7, Pine Woods, Bartley Green, Birmingham, West Midlands B32 3RD4
£160K06/210.63 mi54, Warston Avenue, Birmingham, West Midlands B32 3SU4
£178K12/220.65 mi81, Warston Avenue, Woodgate Valley, Birmingham, West Midlands B32 3ST4
£222K02/230.7 mi98, Sommerfield Road, Birmingham, West Midlands B32 3SJ4
£346K08/220.72 mi100, Senneleys Park Road, Birmingham, West Midlands B31 1AN4
£290K05/220.73 mi314, Stonehouse Lane, Quinton, Birmingham, West Midlands B32 3AL4
£320K03/210.73 mi27, Cromwell Lane, Northfield, Birmingham, West Midlands B31 1AB4
£152K04/240.74 mi30, Allwood Gardens, Birmingham, West Midlands B32 3UA4
£437.5K10/230.81 mi43, Kingsdown Road, Birmingham, West Midlands B31 1AJ4
£399.9K12/200.81 mi3, Kingsdown Road, Birmingham, West Midlands B31 1AJ4
£335K09/210.84 mi39, Senneleys Park Road, Birmingham, West Midlands B31 1AG4
£340K08/210.84 mi53, Woodcock Lane, Northfield, Birmingham, West Midlands B31 1BA4
£260K11/200.86 mi205, Barnes Hill, Birmingham, West Midlands B29 5UJ4
£400K12/220.87 mi25, Shenley Lane, Birmingham, West Midlands B29 5PQ4
£191K03/210.93 mi121a, Long Nuke Road, Northfield, Birmingham, West Midlands B31 1DX4
£238K04/230.94 mi48, Barnes Hill, Birmingham, West Midlands B29 5UW4
£313.5K12/200.95 mi17, Gleads Croft, Halesowen, West Midlands B62 0QA4

Local Rents

15 rents from £100/mo to £1.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.19 miBigwood Drive, Birmingham, West Midlands, B323
£1,15012/240.19 miBigwood Drive, Birmingham, West Midlands, B323
£1,32512/240.22 miBigwood Drive, Birmingham4
£1,00012/240.22 miAmbleside, Bartley Green, B323
£10003/250.23 mi-5
£1,49512/240.29 mi-3
£85004/250.3 mi-11
£1,10004/250.46 mi-3
£1,15003/250.51 mi-3
£1,15004/250.51 mi-3
£1,35004/250.53 mi-3
£1,70003/250.53 mi-4
£1,65003/250.54 mi-3
£1,40012/240.59 mi-4
£90012/240.6 miMoors Lane, Northfield, B313

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.33 miles away

Nearest school

0.10 miles away

Nearest train station

2.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Price changed to £615,000

March 12, 2025

Listed for £625,000

September 26, 2024

Sold for £86,000

1997

Floor Plans

Description

  • Detached House +
  • Three Reception Rooms +
  • Fitted Kitchen +
  • Four Bedrooms +
  • Bathroom, En-Suite & Downstairs W/C +
  • Large Rear Garden +
  • Front Driveway +
  • Garage +

The Property
A must see four bedroom detached property in a sought after area in Birmingham, viewing is essential to appreciate the size and condition of this wonderful property. Ideal for first time buyers, professional couples or families. Benefiting from being close to great local schools, local amenities and local transport links.

This wonderful property comprises of front porch, hallway, three reception rooms, dining room, fitted kitchen, utility room, downstairs w/c, four bedrooms, en-suite, bathroom, large enclosed rear garden, front driveway and garage.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Birmingham

024 7542 7306

Next Steps?

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