2 Bed Flat, Single Let, Birmingham, B32 2JA, £159,950





ValuationOvervalued
Sold Prices | £80K - £268K |
Sold Prices/m² | £1.7K/m² - £4.9K/m² |
| |
Square Metres | 53 m² |
Price/m² | £3K/m² |
Value Estimate | £149,188 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £39,988 |
Stamp Duty & Legal Fees | £5,999 |
Total Cash In | £45,986 |
| |
Cash Out | |
Rent Range | £758 - £1,443 |
Rent Estimate | £895 |
Running Costs/mo | £699 |
Cashflow/mo | £196 |
Cashflow/yr | £2,354 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
30 sold prices from £80K to £268K, average is £153.5K. £1.7K/m² to £4.9K/m², average is £2.8K/m².
Local Rents
43 rents from £758/mo to £1.4K/mo, average is £1.1K/mo.
Local Area Statistics
Population in B32 | 38,356 |
Population in Birmingham | 1,034,821 |
Town centre distance | 3.91 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.56 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +35% |
Property History
Listed for £159,950
October 18, 2024
Sold for £86,000
2003
Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
2 Bed Flat, Single Let, Birmingham, B32 2JA
£143,000
1 views • a year ago • 75 m²
2 Bed Flat, Single Let, Birmingham, B32 2JZ
£175,000
2 views • 2 months ago • 75 m²
3 Bed House, Single Let, Birmingham, B32 2JJ
£240,000
24 days ago • 93 m²
3 Bed House, Single Let, Birmingham, B32 2JJ
£210,000
2 views • 6 months ago • 73 m²