3 Bed Flat, Single Let, Birmingham, B16 8AL, £180,000
145 Essington Street, Birmingham B16 8AL - 10 views - 6 months ago
Sold STC
Leasehold
BTL
ROI: 13%
~93 m²





+8 photos
ValuationOvervalued
Sold Prices | £90K - £525K |
Sold Prices/m² | £1.1K/m² - £4.7K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.9K/m² |
Value Estimate | £169,269 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £45,000 |
Stamp Duty & Legal Fees | £6,600 |
Total Cash In | £51,600 |
| |
Cash Out | |
Rent Range | £1,150 - £8,000 |
Rent Estimate | £1,428 |
Running Costs/mo | £868 |
Cashflow/mo | £560 |
Cashflow/yr | £6,719 |
ROI | 13% |
Gross Yield | 10% |
Local Sold Prices
28 sold prices from £90K to £525K, average is £133K. £1.1K/m² to £4.7K/m², average is £1.8K/m².
Local Rents
50 rents from £1.1K/mo to £8K/mo, average is £2.6K/mo.
Local Area Statistics
Population in B16 | 23,618 |
Population in Birmingham | 1,034,821 |
Town centre distance | 1.68 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.41 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -17% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +27% |
Property History
Listed for £180,000
October 10, 2024
Floor Plans

Description
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