3 Bed Terraced House, Single Let, Birmingham, B32 4AD, £225,000

77 Wood Lane, Birmingham, West Midlands, B32 4AD - 3 views - 6 months ago

Sold STC
BTL
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£62.5K - £281K
Sold Prices/m²£743/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£198,476

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£900 - £1,650

Rent Estimate

£689

Running Costs/mo

£861

Cashflow/mo

£-172

Cashflow/yr

£-2,063

Gross Yield

4%

Local Sold Prices

50 sold prices from £62.5K to £281K, average is £185.5K. £743/m² to £4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£175K05/210 mi53, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AD3
£170K06/210 mi69, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AD3
£205K01/240 mi63, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AD3
£225K03/210.05 mi244, Adams Hill, Birmingham, West Midlands B32 3PD3
£156K09/210.06 mi17, Woodgate Drive, Birmingham, West Midlands B32 4AE3
£165K05/210.06 mi27, Woodgate Drive, Birmingham, West Midlands B32 4AE3
£170K07/210.06 mi41, Woodgate Drive, Birmingham, West Midlands B32 4AE3
£230K01/230.09 mi25, Trimpley Road, Birmingham, West Midlands B32 3PE3
£165K02/210.1 mi86, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LD3
£167K03/210.1 mi12, Elmcroft Avenue, Birmingham, West Midlands B32 4LZ3
£225.5K02/230.11 mi154, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LR3
£202K02/240.11 mi90, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AJ3
£230K10/210.13 mi24, Heathy Farm Close, Birmingham, West Midlands B32 3PA3
£185K08/240.13 mi111, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AG3
£270K04/220.16 mi9, Primrose Woods, Birmingham, West Midlands B32 3RE3
£188K11/230.17 mi5, Carmel Grove, Birmingham, West Midlands B32 3PL3
£225K06/210.17 mi145, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LG3
£205.5K01/240.18 mi6, Smiths Close, Birmingham, West Midlands B32 3NZ3
£250K11/230.18 mi128, Clent View Road, Bartley Green, Birmingham, West Midlands B32 4LY3
£245K02/230.19 mi85, Clent View Road, Bartley Green, Birmingham, West Midlands B32 4LU3
£185K07/210.2 mi49, Clent View Road, Bartley Green, Birmingham, West Midlands B32 4LU3
£180K04/210.21 mi96, Woodgate Lane, Birmingham, West Midlands B32 3RA3
£250K07/230.21 mi106, Woodgate Lane, Birmingham, West Midlands B32 3RA3
£215K01/230.21 mi201, Field Lane, Bartley Green, Birmingham, West Midlands B32 4HL3
£95K02/210.23 mi8, Flavell Close, Birmingham, West Midlands B32 3NY3
£230K09/210.23 mi5, Flavell Close, Birmingham, West Midlands B32 3NY3
£265K05/240.23 mi3, Flavell Close, Birmingham, West Midlands B32 3NY3
£192K07/230.23 mi224, Adams Hill, Birmingham, West Midlands B32 3PJ3
£243K12/200.26 mi4, Fernwoods, Birmingham, West Midlands B32 3RL3
£144K03/230.26 mi43, Fallow Walk, Birmingham, West Midlands B32 3UB3
£97K11/200.26 mi48, Fallow Walk, Birmingham, West Midlands B32 3UB3
£281K08/220.26 mi12, Goffs Close, Birmingham, West Midlands B32 3XA3
£198K12/200.27 mi4, Clent View Road, Bartley Green, Birmingham, West Midlands B32 4LN3
£178K07/210.29 mi214, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LS3
£185K07/230.3 mi40, Kitwell Lane, Birmingham, West Midlands B32 4AL3
£186K03/240.3 mi68, Kitwell Lane, Birmingham, West Midlands B32 4AL3
£180K03/230.3 mi64, Kitwell Lane, Birmingham, West Midlands B32 4AL3
£70K08/210.31 mi67, Woodgate Gardens, Birmingham, West Midlands B32 3UW3
£247.5K03/230.32 mi18, Hightree Close, Birmingham, West Midlands B32 3QP3
£182K05/210.32 mi205, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LL3
£122K04/210.35 mi42, Burrington Road, Birmingham, West Midlands B32 4DS3
£197.5K05/230.35 mi38, Burrington Road, Birmingham, West Midlands B32 4DS3
£225K07/230.36 mi24, Romsley Road, Birmingham, West Midlands B32 3PS3
£62.5K01/210.37 mi24, Wolverley Road, Birmingham, West Midlands B32 4EH3
£165K04/240.39 mi33, Lye Close Lane, Birmingham, West Midlands B32 3QS3
£170K12/230.39 mi8, Romsley Road, Birmingham, West Midlands B32 3QB3
£147K05/240.39 mi29, Vinnall Grove, Birmingham, West Midlands B32 4EJ3
£95K10/230.42 mi121, Kitwell Lane, Birmingham, West Midlands B32 4NL3
£110K10/210.47 mi38, Malpas Drive, Birmingham, West Midlands B32 3QF3
£194K04/240.47 mi8, Kitswell Gardens, Birmingham, West Midlands B32 4DZ3

Local Rents

15 rents from £900/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15003/250.13 mi-3
£1,15004/250.13 mi-3
£1,05003/250.35 mi-3
£1,10003/250.38 mi-3
£1,00012/240.54 miAmbleside, Bartley Green, B323
£1,15012/240.7 miBigwood Drive, Birmingham, West Midlands, B323
£1,15012/240.7 miBigwood Drive, Birmingham, West Midlands, B323
£1,00012/240.72 mi-3
£1,49512/240.8 mi-3
£1,65003/251.05 mi-3
£90012/241.11 miMoors Lane, Northfield, B313
£1,30012/241.18 miDwellings Lane, Quinton3
£1,10003/251.22 mi-3
£1,20012/241.24 miCromwell Lane, BIRMINGHAM3
£1,20003/251.24 mi-3

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.72 miles away

Nearest school

0.20 miles away

Nearest train station

2.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £225,000

October 24, 2024

Sold for £108,000

2007

Floor Plans

Description

  • Move in Ready +
  • Modern Throughout +
  • Generous Kitchen +
  • Spacious Lounge/Diner +
  • Sleek Bathroom +
  • Sizable Bedrooms +
  • Watch My Property Video +

Welcome to this beautifully presented three bedroom end of terrace home, perfect for modern family living. Approaching the property, you’ll be greeted by a large low-maintenance front garden, with potential of creating a multi car driveway should you wish. You also have to the front elevation a gated shared walkway that provides convenient access to the rear. As you enter through the stylish black composite front door, a sense of elegance fills the space. Head straight into the spacious kitchen, featuring abundant storage and a large breakfast bar, with space left for the ever-desired American style fridge freezer. To the right, the bright lounge/diner is bathed in light from the dual aspect facing windows and patio doors. A cosy place to entertain to your nearest and dearest. Upstairs you’ll find two large double bedrooms and a smaller single bedroom, perfect for a nursery or home office. The family bathroom is modern and stylish, featuring an a deep bathtub with an over-bath shower, retro sink and separate w/c. The garden is a great size and very much has low maintenance in mind, ideal for those non-keen gardners. This home is ready to move in and is an excellent choice for a contemporary family seeking comfort and style. Don’t miss the opportunity to make it your own! Ground Floor
Entrance
Kitchen
Lounge/Diner Second Floor
Landing
Bedroom One
Bedroom Two
Bedroom Three
Bathroom
Separate W/C Outside
Front & Rear Garden

Agent Details

Ashley Would & Partners - Powered by eXp UK, Halesowen

0121 387 3512

Next Steps?

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

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