4 Bed Terraced House, Single Let, Birmingham, B9 5RQ, £230,000

Fourth Avenue, Birmingham, B9 5RQ - 3 views - 6 months ago

Sold STC
BTL
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£80K - £499.9K
Sold Prices/m²£1.2K/m² - £3.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.8K/m²

Value Estimate

£283,005
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£990 - £3,500

Rent Estimate

£950

Running Costs/mo

£929

Cashflow/mo

£21

Cashflow/yr

£255

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £80K to £499.9K, average is £269.5K. £1.2K/m² to £3.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£218K03/210.37 mi175, Churchill Road, Birmingham, West Midlands B9 5NX4
£215K03/230.37 mi321, Charles Road, Small Heath, Birmingham, West Midlands B10 9AR4
£175K06/210.45 mi80, Whitacre Road, Bordesley Green, Birmingham, West Midlands B9 5NN4
£230K12/210.47 mi42, Maybank, Bordesley Green, Birmingham, West Midlands B9 5FF4
£360K09/220.5 mi1, Aspen Grove, Birmingham, West Midlands B9 5FG4
£400K05/230.62 mi20, Bordesley Green East, Bordesley Green, Birmingham, West Midlands B9 5SA4
£169K01/210.64 mi138, Fosbrooke Road, Small Heath, Birmingham, West Midlands B10 9JP4
£200K03/230.69 mi18, Jephcott Road, Birmingham, West Midlands B8 3ED4
£270K08/230.71 mi158, Starbank Road, Small Heath, Birmingham, West Midlands B10 9LR4
£123K07/230.73 mi42, Bordesley Green East, Bordesley Green, Birmingham, West Midlands B9 5SD4
£235K09/210.74 mi705, Coventry Road, Small Heath, Birmingham, West Midlands B10 0JL4
£300K04/230.86 mi32, Langley Road, Small Heath, Birmingham, West Midlands B10 0TL4
£275K07/220.86 mi94, Little Bromwich Road, Birmingham, West Midlands B9 5JB4
£195K07/210.95 mi63, Minster Drive, Birmingham, West Midlands B10 0LD4
£242.5K05/220.97 mi9, Ashley Gardens, Birmingham, West Midlands B8 1DN4
£208K09/211.05 mi5, Ward End Park Road, Birmingham, West Midlands B8 3PH4
£300K10/231.15 mi45, Gladys Road, Birmingham, West Midlands B25 8BX4
£210K11/221.16 mi75, Bamville Road, Birmingham, West Midlands B8 2TJ4
£197K12/201.29 mi11, Bonham Grove, Birmingham, West Midlands B25 8RX4
£240K02/211.33 mi464, Hob Moor Road, Yardley, Birmingham, West Midlands B25 8UB4
£300K03/231.35 mi142, Albert Road, Stechford, Birmingham, West Midlands B33 8UA4
£308K10/231.35 mi162, Albert Road, Stechford, Birmingham, West Midlands B33 8UE4
£200K09/231.36 mi61, Albert Road, Stechford, Birmingham, West Midlands B33 8AG4
£80K03/231.38 mi163, Albert Road, Stechford, Birmingham, West Midlands B33 8UB4
£400K12/201.38 mi14, Howard Road, Yardley, Birmingham, West Midlands B25 8AL4
£175K04/231.38 mi47, Hangleton Drive, Birmingham, West Midlands B11 2QD4
£275K10/231.42 mi126, Clements Road, Yardley, Birmingham, West Midlands B25 8TT4
£292K04/231.44 mi17, Henry Road, Birmingham, West Midlands B25 8AH4
£215K04/211.49 mi54, Greenwood, Birmingham, West Midlands B25 8YU4
£277K08/231.5 mi16, Leybourne Grove, Birmingham, West Midlands B25 8EG4
£325K06/231.51 mi55, Manor Gardens, Birmingham, West Midlands B33 8PS4
£350K08/221.52 mi12, Wharf Road, Tyseley, Birmingham, West Midlands B11 2EB4
£255K04/211.53 mi30, Twyford Road, Ward End, Birmingham, West Midlands B8 2NJ4
£230K06/211.58 mi37, Mickleover Road, Birmingham, West Midlands B8 2ND4
£255K09/211.59 mi252, Stratford Road, Sparkhill, Birmingham, West Midlands B11 1AD4
£312K08/231.61 mi113, Church Road, Yardley, Birmingham, West Midlands B25 8UP4
£270K01/211.61 mi263, Stoney Lane, Yardley, Birmingham, West Midlands B25 8YG4
£300K04/211.62 mi382, Station Road, Stechford, Birmingham, West Midlands B33 8SA4
£227K04/211.69 mi57, Dolphin Road, Sparkhill, Birmingham, West Midlands B11 3LS4
£246K09/221.7 mi1, Churchfield Close, Birmingham, West Midlands B7 5UH4
£400K01/231.71 mi34, Blakesley Road, Yardley, Birmingham, West Midlands B25 8XU4
£499.9K03/211.71 mi23, Blakesley Road, Yardley, Birmingham, West Midlands B25 8XU4
£280K05/221.71 mi54, Dolphin Road, Sparkhill, Birmingham, West Midlands B11 3LR4
£182K06/211.73 mi28, Masham Close, Birmingham, West Midlands B33 8DY4
£355K03/231.75 mi30, Kilmorie Road, Birmingham, West Midlands B27 6AX4
£415K10/221.76 mi35, Kilmorie Road, Birmingham, West Midlands B27 6AY4
£350K08/221.76 mi337, Church Road, Yardley, Birmingham, West Midlands B25 8XR4
£430K10/221.76 mi40, Coleshill Road, Birmingham, West Midlands B36 8AA4
£320K04/221.77 mi47, Kennerley Road, Yardley, Birmingham, West Midlands B25 8LS4
£269K05/211.77 mi39, Kennerley Road, Yardley, Birmingham, West Midlands B25 8LS4

Local Rents

23 rents from £990/mo to £3.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.08 mi-3
£1,40001/250.08 mi-3
£1,15011/240.24 mi-3
£1,10012/240.24 mi-3
£1,10004/250.24 mi-3
£1,30012/240.27 mi-3
£1,25004/250.28 mi-3
£1,40004/250.33 mi-4
£1,15012/230.35 mi-4
£1,47501/250.35 mi-4
£1,15002/240.36 mi-4
£1,15002/240.36 mi-4
£1,30003/250.37 mi-3
£1,25002/250.38 mi-4
£1,40004/250.4 mi-3
£1,00012/240.41 miCarlton Road, Birmingham, B93
£2,00004/250.42 mi-6
£2,00004/250.42 mi-6
£2,00004/250.43 mi-6
£1,00012/240.43 miGrange Road, Small Heath, Birmingham, B103
£1,20001/250.45 mi-3
£99012/230.52 mi-3
£3,50002/240.56 mi-4

Local Area Statistics

Population in B9

24,915

Population in Birmingham

1,034,821

Town centre distance

1.69 miles away

Nearest school

0.20 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £230,000

October 22, 2024

Sold for £160,000

2019

Floor Plans

Description

  • Well-Presented Mid-Terrace +
  • Rare Front Parking +
  • Popular Residential Location +
  • Two Separate Reception Rooms +
  • Well-Equipped Kitchen +
  • Three Good-Sized Bedrooms +
  • Convenient Shower Room & WC +
  • Additional WC Upstairs +
  • Useful Loft Space with Skylight +
  • Low-Maintenance Front & Rear Gardens +

This well-presented mid-terraced home is situated in a popular residential area and benefits from the rare advantage of front parking. The property offers spacious and versatile accommodation, two separate reception rooms, a well-equipped kitchen, and a rear shower room with WC. Upstairs, there are three good-sized bedrooms and an additional WC, with stairs from the landing providing access to a useful loft space, complete with a skylight offering natural light. Externally, the home features a small block-paved driveway to the front and a low-maintenance paved garden to the rear. Early viewing is highly recommended to appreciate all this charming home has to offer.

Approach
The property is set back from the road behind a block paved driveway providing off road parking leading to a UPVC leaded double glazed front entrance door giving access to porch.

Entrance Hallway
Having ceiling light point, central heated radiator, laminate floor covering, door to under stairs storage cupboard, doors leading to both reception rooms.

Reception Room One 3.58m (11' 9") x 2.82m (9' 3")
Having ceiling light point, coving to ceiling, central heated radiator, double glazed bay window to front (where specified), feature fireplace , laminate floor covering.

Reception Room Two 3.73m (12' 3") x 3.75m (12' 4")
Having ceiling light point, central heated radiator, double glazed double doors to rear garden (where specified), stairs leading to first floor accommodation, feature fireplace , laminate floor covering and door leading to kitchen.

Kitchen 3.73m (12' 3") x 2.18m (7' 2")
Having a range of fitted base and wall units with work surface over, tiling to splash prone areas, four ring gas hob with cooker and extractor hood. Inset sink and drainer, ceiling light point, double glazed window to side (where specified, tiling to floor, door leading to bathroom

Bathroom 1.71m (5' 7") x 2.18m (7' 2")
Having a large shower cubicle, low level flush wc and wash hand basin. Ceiling light point, central heating radiator, tiling to walls and floor, opaque double glazed window to rear (where specified).

First Floor Accommodation
Landing
Having two ceiling light points, loft hatch, doors to bedrooms and stairs leading to second floor accommodation

Bedroom One 3.44m (11' 3") x 3.77m (12' 4")
Having ceiling light point, coving to ceiling, central heating radiator, two double glazed windows to front (where specified).

Bedroom Two 3.81m (12' 6") x 2.93m (9' 7")
Having ceiling light point, central heating radiator, double glazed window to rear (where specified).

Bedroom Three 2.33m (7' 8") x 2.21m (7' 3")
Having ceiling light point, central heating radiator, double glazed window to rear (where specified).

WC 1.30m (4' 3") x 1.30m (4' 3")
Having wc and pedestal wash hand basin. Ceiling light point, opaque double glazed window to side (where specified), tiling to walls and floor.

Second Floor Accommodation
Bedroom Four 4.13m (13' 7") x 3.71m (12' 2")
Good sized room having roof light to rear.

Outside
Garden
Mainly paved area with fencing and shrubs to boundaries

Agent Details

Partridge Homes, Birmingham

0121 387 6370

Next Steps?

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