4 Bed Terraced House, Refurb/BRRR, Birmingham, B11 1SS, £320,000
Kyrwicks Lane, Sparkbrook, Birmingham, B11 1SS - 6 views - 7 months ago
Sold STC
Refurb/BRRR
ROI: 5%
~129 m²





+11 photos
ValuationOvervalued
Sold Prices | £140K - £420K |
Sold Prices/m² | £927/m² - £3.7K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £2.5K/m² |
Value Estimate | £267,972 |
| |
End Value (After Refurb) | £268,912 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £80,000 |
Stamp Duty & Legal Fees | £14,300 |
Refurb Costs | £51,147 |
Bridging Loan Interest | £8,400 |
Total Cash In | £155,597 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £268,912 |
Mortgage (After Refinance) | £201,684 |
Mortgage LTV | 75% |
Cash Left In | £155,597 |
Equity | £67,228 |
Rent Range | £1,000 - £4,805 |
Rent Estimate | £1,813 |
Running Costs/mo | £1,223 |
Cashflow/mo | £590 |
Cashflow/yr | £7,081 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
23 sold prices from £140K to £420K, average is £275K. £927/m² to £3.7K/m², average is £2.1K/m².
Local Rents
51 rents from £1K/mo to £4.8K/mo, average is £1.9K/mo.
Local Area Statistics
Population in B11 | 44,391 |
Population in Birmingham | 1,034,821 |
Town centre distance | 0.04 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.55 miles away |
| |
Rental growth (12m) | +51% |
Sales demand | Seller's market |
Capital growth (5yrs) | +35% |
Property History
Listed for £320,000
September 27, 2024
Floor Plans

Description
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