3 Bed Flat, Single Let, Birmingham, B15 2LQ, £235,000

22 ESTRIA ROAD, EDGBASTON, BIRMINGHAM B15 2LQ - 9 views - 6 months ago

Leasehold
BTL
88 m²
+4 photos

ValuationOvervalued

Sold Prices£40K - £525K
Sold Prices/m²£494/m² - £4.7K/m²

 

 

Square Metres

88 m²
Price/m²£2.7K/m²

Value Estimate

£207,778

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£8,250

Total Cash In

£67,000

 

 

Cash Out

 

Rent Range

£150 - £3,400

Rent Estimate

£413

Running Costs/mo

£837

Cashflow/mo

£-424

Cashflow/yr

£-5,088

Gross Yield

2%

Local Sold Prices

30 sold prices from £40K to £525K, average is £170K. £494/m² to £4.7K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£235K05/210.03 mi4, Estria Road, Birmingham, West Midlands B15 2LQ3
£102K03/230.34 miFlat 19, Hampton Court, George Road, Edgbaston, Birmingham, West Midlands B15 1PU3
£315K11/220.36 mi7, Westbourne Gardens, Birmingham, West Midlands B15 3TJ3
£205K02/230.44 mi25, Roseland Way, Birmingham, West Midlands B15 1HD3
£360K01/230.46 mi14, Viceroy Close, Birmingham, West Midlands B5 7UR3
£250K12/220.5 mi61, Viceroy Close, Birmingham, West Midlands B5 7UT3
£245K09/220.54 mi75, Viceroy Close, Birmingham, West Midlands B5 7UU3
£108K11/200.63 miFlat 9, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB3
£190K10/220.65 mi50, Arden Grove, Ladywood, Birmingham, West Midlands B16 8HQ3
£240K03/230.73 mi36, Wyatt Close, Birmingham, West Midlands B5 7QR3
£173K12/220.81 mi19, Hodnet Grove, Birmingham, West Midlands B5 7DG3
£100K06/211.27 mi41, Canford Close, Birmingham, West Midlands B12 0YU3
£137.5K05/211.27 mi67, Canford Close, Birmingham, West Midlands B12 0YU3
£134K12/201.31 mi100, Vincent Street, Birmingham, West Midlands B12 9TX3
£425K04/211.32 miApartment 417, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ3
£225K03/211.43 miFlat 41, Pitmaston Court West, Goodby Road, Birmingham, West Midlands B13 8RJ3
£525K06/211.44 mi3, Moorland Road, Birmingham, West Midlands B16 9JP3
£140K03/211.48 miFlat 6, St. Dennis House, Melville Road, Birmingham, West Midlands B16 9NE3
£248K03/211.54 mi85b, Moorcroft Road, Birmingham, West Midlands B13 8LS3
£262.5K04/231.54 mi85d, Moorcroft Road, Birmingham, West Midlands B13 8LS3
£170K01/211.55 mi18, Seymour Close, Selly Park, Birmingham, West Midlands B29 7JD3
£170K01/211.55 mi18, Seymour Close, Selly Park, Birmingham, West Midlands B29 7JD3
£128K03/221.74 mi140, Great Hampton Row, Birmingham, West Midlands B19 3JL3
£99K11/201.78 mi72, Aldgate Grove, Birmingham, West Midlands B19 3XE3
£40K02/221.8 mi29, Hubert Croft, Selly Oak, Birmingham, West Midlands B29 6DU3
£100K12/221.86 mi107, Great Hampton Row, Birmingham, West Midlands B19 3AY3
£90K01/221.87 mi6, Westthorpe Grove, Birmingham, West Midlands B19 3DA3
£130K12/221.89 mi17, Westthorpe Grove, Birmingham, West Midlands B19 3DA3
£115K03/221.89 mi47, Westthorpe Grove, Birmingham, West Midlands B19 3DA3
£125K04/221.99 mi3, Attenborough Close, Birmingham, West Midlands B19 2QA3

Local Rents

50 rents from £150/mo to £3.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.05 miDunston Court, Wheeleys Road, Edgbaston, B153
£1,75512/240.07 miGilldown Place, Birmingham3
£1,25012/240.14 miWarwick Crest, Arthur Road, Edgbaston3
£15012/240.25 mi-3
£15012/240.25 miCharlotte Road, Birmingham, B153
£1,60012/240.27 miCharlotte Road, Edgbaston, B15 2NH3
£1,60004/250.33 mi-3
£1,75012/240.39 miGreville Drive, Birmingham, B153
£1,95003/240.39 mi-3
£1,75003/240.39 mi-3
£1,26112/240.39 miHagley Court, B16 9RE3
£1,26112/240.39 miHagley Court, B16 9RE3
£1,26112/240.39 miHagley Court, B16 9RE3
£1,35001/250.39 mi-3
£1,25003/250.39 mi-3
£2,40003/250.41 mi-3
£1,25002/250.41 mi-3
£1,25004/250.41 mi-3
£3,00012/240.41 mi-3
£2,50003/250.41 mi-3
£1,19503/250.42 mi-3
£3,00001/250.46 mi-3
£3,40003/250.46 mi-3
£1,45012/240.46 miWindrush Grove, Edgbaston, Birmingham3
£1,42812/240.47 miShepherds Gardens, Birmingham3
£1,42812/240.47 miShepherds Gardens, Birmingham3
£3,00002/240.49 mi-3
£1,65003/240.49 mi-3
£1,49512/240.49 mi-3
£1,29504/250.49 mi-3
£1,29504/250.49 mi-3
£1,39512/240.49 miSpring Road, Birmingham, B153
£2,75012/240.49 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3
£2,75012/240.49 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3
£2,75012/240.49 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3
£1,25012/240.5 miViceroy Close, Brsitol Road, Edgbaston, Birmingham, B53
£2,00004/250.5 mi-3
£1,35012/240.51 miViceroy Close, Bristol Road, Edgbaston, Birmingham, B53
£1,70012/240.51 miMosedale Way, Park Central, Birmingham3
£1,50002/250.55 mi-3
£1,70012/240.56 miLincoln Apartments, Lexington Gardens, Park Central, B153
£1,65012/240.56 miLincoln Apartments, Lexington Gardens, Park Central, B153
£1,35012/240.59 miRickman Drive, Edgbaston3
£1,50012/240.6 miCley Close, Birmingham, B53
£1,50012/240.61 mi10 Ryland Street, Birmingham City Centre3
£1,55012/240.61 miBroadway Plaza, 220 Ladywood Middleway3
£1,95012/240.62 mi£150 PPPW Belgrave Middleway, Birmingham, B12 9AP3
£1,95012/240.62 miBelgrave Middleway, Birmingham, B12 9AP3
£1,95012/240.62 mi£150 PPPW Belgrave Middleway, Birmingham, B12 9AP3
£1,95012/240.62 mi£150 PPPW Belgrave Middleway, Birmingham, B12 9AP3

Local Area Statistics

Population in B15

17,552

Population in Birmingham

1,034,821

Town centre distance

1.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+71%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £235,000

October 22, 2024

Floor Plans

Description

A spacious first floor flat situated in a highly sought-after area. Fitted kitchen, large living room, three bedrooms, bathroom. Communal parking, allocated garage, and landscaped gardens.

Situation

Estria Road is a pleasant and popular cul de sac situated off Wheeleys Road in an exclusive area of Edgbaston. The property is ideally situated for access to Birmingham City Centre which lies some 2 miles to the north. Fiveways railway station is around half a mile away for direct access to Birmingham New Street station.

Description

22 Estria Road is a first (top) floor flat situated in a 1960's low-rise development. The property is approached via an external staircase, and internally offers and impressive 945 sq ft (83 sq m) of living space. The apartment has a modern gas central heating boiler and double glazed windows and enjoys a pleasant southerly aspect over the communal grounds, allowing excellent natural light into the property.

The front door leads into a small entrance hallway which has a handy cupboard for hanging coats, and a beautiful original parquet floor which runs through into the living room. The kitchen has a wide window to the front and is fitted with white fronted base and wall units with contrasting grey acrylic work-surfaces. There is an electric oven with 4 ring gas hob above and stainless steel extractor over, space and plumbing for washing machine, space and plumbing for dishwasher.

The living room is well-proportioned and has pleasant views over the communal garden via large south facing windows. The room is large enough for a living and a dining area, although double doors off to one side open into the third double bedroom which was originally designed as a dining room.

A door to the other side of the living room leads to an inner hall off which are two further double bedrooms and a bathroom. The bedrooms each have built-in wardrobes, whilst the bathroom has bath with shower over, WC, and wash basin.

Outside

To the front is communal parking and there is a garage located nearby. To the rear is a pleasant communal garden.

General Information

Lease and Service Charge: The property is leasehold for a term expiring March 2149. There is a ground rent of a peppercorn and a service charge payable which is currently £3,763.36 per annum.
Council Tax: Band D.

Published October 2024

Agent Details

Robert Powell, Birmingham

0121 387 6392

Next Steps?

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