3 Bed Terraced House, Single Let, Birmingham, B20 2HE, £220,000

114 Grove Lane, Handsworth, Birmingham, B20 2HE - 6 months ago

Sold STC
BTL
ROI: 2%
119 m²
+24 photos

ValuationOvervalued

Sold Prices£97.7K - £391K
Sold Prices/m²£1.1K/m² - £3.2K/m²

 

 

Square Metres

119 m²
Price/m²£1.8K/m²

Value Estimate

£210,454

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£14,100

Total Cash In

£69,100

 

 

Cash Out

 

Rent Range

£895 - £1,748

Rent Estimate

£1,000

Running Costs/mo

£908

Cashflow/mo

£93

Cashflow/yr

£1,110

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £97.7K to £391K, average is £166.5K. £1.1K/m² to £3.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£156K02/210.09 mi189, Grove Lane, Handsworth, Birmingham, West Midlands B20 2HD3
£167K09/210.09 mi3, Brunswick Gardens, Birmingham, West Midlands B21 9AG3
£145K09/210.13 mi74, Antrobus Road, Birmingham, West Midlands B21 9NY3
£215K12/220.14 mi46, Antrobus Road, Birmingham, West Midlands B21 9NZ3
£200K06/210.17 mi4, Invention Avenue, Birmingham, West Midlands B21 9AF3
£197.5K03/210.18 mi215, Holly Road, Handsworth, Birmingham, West Midlands B20 2BZ3
£391K07/220.2 mi57, Philip Victor Road, Birmingham, West Midlands B20 2QB3
£250K09/210.25 mi16, Kilbys Grove, Birmingham, West Midlands B20 2ER3
£208K06/210.25 mi4, York Road, Handsworth, Birmingham, West Midlands B21 9EB3
£173K05/210.26 mi19, Mostyn Road, Handsworth, Birmingham, West Midlands B21 9DY3
£135K05/210.28 mi140, Linwood Road, Birmingham, West Midlands B21 9JH3
£191K06/210.3 mi90, Andrew Gardens, Birmingham, West Midlands B21 9PW3
£150K03/210.34 mi97, Holly Road, Handsworth, Birmingham, West Midlands B20 2BX3
£144K01/210.39 mi161, Somerset Road, Handsworth, Birmingham, West Midlands B20 2JF3
£137K01/210.4 mi9, Headingley Road, Birmingham, West Midlands B21 9QE3
£162.5K07/210.4 mi56, Oxhill Road, Birmingham, West Midlands B21 9RE3
£275K09/210.41 mi1, Endwood Court Road, Birmingham, West Midlands B20 2RX3
£177K12/220.45 mi38, Cornwall Road, Handsworth Wood, Birmingham, West Midlands B20 2HZ3
£132K12/200.45 mi197, Westbourne Road, Handsworth, Birmingham, West Midlands B21 8AP3
£192K11/230.47 mi29, Earlswood Court, Birmingham, West Midlands B20 2DP3
£172.5K09/210.47 mi20, Mervyn Road, Birmingham, West Midlands B21 8DE3
£150K12/210.48 mi43, Aylesford Road, Birmingham, West Midlands B21 8DN3
£200K12/220.49 mi46, Albion Road, Handsworth, Birmingham, West Midlands B21 8BG3
£171K10/200.49 mi28, Aylesford Road, Birmingham, West Midlands B21 8DW3
£140K02/210.49 mi58, Aylesford Road, Birmingham, West Midlands B21 8DW3
£150K02/230.49 mi13, Newcombe Road, Birmingham, West Midlands B21 8DD3
£158K06/210.49 mi74, Newcombe Road, Birmingham, West Midlands B21 8BX3
£134K05/230.49 mi42, Newcombe Road, Birmingham, West Midlands B21 8BX3
£123K04/230.5 mi4, College Drive, Birmingham, West Midlands B20 2JA3
£166K06/230.51 mi12, Uplands Road, Handsworth, Birmingham, West Midlands B21 8BP3
£141K11/220.52 mi4, Babington Road, Birmingham, West Midlands B21 0QE3
£138K01/210.53 mi49, Nineveh Road, Birmingham, West Midlands B21 0SU3
£180K09/210.54 mi65, Holliday Road, Handsworth, Birmingham, West Midlands B21 0UH3
£195K09/220.54 mi36, Welford Road, Birmingham, West Midlands B20 2BJ3
£220K08/220.54 mi5, Haseley Road, Birmingham, West Midlands B21 0QU3
£205K08/220.54 mi1, Haseley Road, Birmingham, West Midlands B21 0QU3
£265K10/220.54 mi84, Onibury Road, Birmingham, West Midlands B21 8BD3
£160K05/210.54 mi66, Onibury Road, Birmingham, West Midlands B21 8BD3
£145K09/220.54 mi112, Onibury Road, Birmingham, West Midlands B21 8BD3
£143K03/210.54 mi134, Oxhill Road, Birmingham, West Midlands B21 8EP3
£120K09/210.55 mi73, Onibury Road, Birmingham, West Midlands B21 8BE3
£240K06/210.55 mi87, College Road, Handsworth, Birmingham, West Midlands B20 2JH3
£230K06/230.56 mi25, Wellington Road, Handsworth, Birmingham, West Midlands B20 2DU3
£270K02/210.56 mi17, Beaudesert Road, Birmingham, West Midlands B20 3TQ3
£165K02/230.57 mi60, Westbourne Road, Handsworth, Birmingham, West Midlands B21 8AT3
£148K01/210.57 mi38, Westbourne Road, Handsworth, Birmingham, West Midlands B21 8AT3
£132.5K04/210.58 mi16, Babington Road, Birmingham, West Midlands B21 0QE3
£97.7K04/210.58 mi5, Hamilton Road, Birmingham, West Midlands B21 8AJ3
£250K09/220.59 mi35, Gibson Road, Birmingham, West Midlands B20 3UE3
£171K02/210.59 mi22, Clent Road, Handsworth, Birmingham, West Midlands B21 8DJ3

Local Rents

18 rents from £895/mo to £1.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00012/240.09 miAlbert Road, Handsworth, BIRMINGHAM3
£1,19512/240.24 mi-3
£1,20004/250.24 mi-3
£1,15002/250.36 mi-3
£89512/240.41 mi-3
£1,05003/250.45 mi-3
£1,10012/240.45 miWindermere Road, Handsworth, Birmingham, B213
£1,10012/240.45 miWindermere Road, Handsworth, Birmingham, B213
£1,30004/250.51 mi-3
£1,05012/240.52 miStockwell Road, BIRMINGHAM3
£1,00002/240.55 mi-3
£1,00003/240.55 mi-3
£1,00003/240.55 mi-3
£1,25002/240.55 mi-3
£1,74812/240.57 miSoho Wharf3
£1,15002/250.58 mi-3
£1,02502/250.6 mi-3
£1,40002/250.61 mi-3

Local Area Statistics

Population in B20

34,734

Population in Birmingham

1,034,821

Town centre distance

3.76 miles away

Nearest school

0.30 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+43%

Property History

Listed for £220,000

October 25, 2024

Floor Plans

Description

  • BEAUTIFUL MID TERRACE FAMILY HOME +
  • THREE BEDROOMS +
  • DRIVEWAY +
  • NO CHAIN +
  • LOFT CONVERTED +
  • TWO RECEPTION ROOMS +
  • TWO TOILETS +
  • VIEWS OF THE PARK +
  • CLOSE TO LOCAL SCHOOL AND AMENITIES +
  • PRIME LOCATION +

This splendid three bedroom mid terraced house, now listed for sale, is a delightful combination of vintage charm and modern comfort. With its good condition, this property is a testament to the quintessentially British architectural style and represents a unique buying opportunity.

The heart of this home is undoubtedly its two separate reception rooms. Each room is enhanced with large windows and a captivating fireplace, providing a perfect setting for entertaining guests or enjoying a quiet evening. The high ceilings throughout add to the overall grandeur of the property.

The property also includes a sunlit kitchen, perfect for the culinary enthusiast. It offers ample space for meal preparation and a homely atmosphere.

One of the property's standout features is its driveway, a truly valuable asset in this bustling location. The house is superbly positioned with easy access to public transport links, local amenities, and nearby schools, making it an ideal choice for families.

Final note-worthy details include a council tax band B and an EPC rating of D, which are indicative of the property's energy efficiency and local tax liability. This is not just a home; it's a lifestyle waiting to be experienced. 

PORCH Tiled. 

HALLWAY Laminate flooring, two radiators, two ceiling light points. 

SITTING ROOM 14' 8" x 9' 8" (4.47m x 2.95m) Ceiling light point, window to front, radiator, laminate flooring throughout, gas fireplace, two wall lights. 

LOUNGE 11' 6" x 10' 0" (3.51m x 3.05m) Ceiling light point, fireplace, radiator, window to rear garden and stairs to first floor. 

KITCHEN 11' 0" x 8' 8" (3.35m x 2.64m) Tiled, wall and base units, ceiling light point, sink, window to rear, oven, extractor fan, washing machine, boiler located in the kitchen. 

UTILITY ROOM Door to rear garden. 

DOWNSTAIRS BATHROOM 8' 4" x 6' 8" (2.54m x 2.03m) Tiled, toilet, free-standing shower, sink, radiator, ceiling light point and window to rear garden. 

FIRST FLOOR  

BEDROOM TWO 15' 2" x 11' 6" (4.62m x 3.51m) Ceiling light point, two windows to front and radiator. 

BEDROOM THREE 12' 2" x 9' 0" (3.71m x 2.74m) Ceiling light point, window to rear, radiator. 

WC 6' 0" x 5' 4" (1.83m x 1.63m) Toilet, radiator, vinyl flooring, ceiling light point, sink, window to side. 

CONVERTED LOFT 18' 8" MAX x 15' 2" (5.69m x 4.62m) With the potential to be used as a play area, storage area, study or bedroom 18'8 max x 15'2 (5.69mx4.62m) (maximum measurements taken in the eaves and restricted head height in places) Ceiling light point, fireplace, window overlooking rear garden, storage cupboard and radiator. 

GARDEN Paved area, shared alleyway. 

OUTER BUILDING  

Council Tax Band B - Birmingham City Council

Predicted mobile phone coverage and broadband services at the property:-

Mobile coverage - limited voice and data available for EE, Three, O2 and Vodafone.

Broadband coverage:-
Broadband Type = Standard Highest available download speed 12 Mbps. Highest available upload speed 1 Mbps.
Broadband Type = Superfast Highest available download speed 64 Mbps. Highest available upload speed 15 Mbps.
Broadband Type = Ultrafast Highest available download speed 1000 Mbps. Highest available upload speed 220 Mbps.
Networks in your area - Virgin Media, Openreach

The mobile and broadband information above has been obtained from the Mobile and Broadband checker - Ofcom website.

Sellers are asked to complete a Property Information Questionnaire for the benefit of buyers. This questionnaire provides further information and declares any material facts that may affect your decision to view or purchase the property. This document will be available on request.

Looking to make an offer? We are committed to finding the right buyer for the right property and try to do everything we can from the outset to ensure the sales we agree, subject to contract, will proceed to completion of contracts within a fair time frame that meets all parties' expectations. At one point during the offer negotiations, one of our branch-based mortgage advisers will call to financially qualify your offer. We recommend that you take this advice before making an offer.

BUYERS COMPLIANCE ADMINISTRATION FEE: in accordance with the Money Laundering Regulations 2007, Estate Agents are required to carry out due diligence on all clients to confirm their identity, including eventual buyers of a property. Green and Company use an electronic verification system to verify Clients' identity. This is not a credit check, so it will have no effect on credit history. By placing an offer on a property, you agree (all buyers) that if the offer is accepted, subject to contract, we, as Agents for the seller, can complete this check for a fee of £25 plus VAT (£30 inc VAT), which is non-refundable under any circumstance. A record of the search will be retained securely by Green and Company within the electronic property file of the relevant property.

FIXTURES AND FITTINGS as per sales particulars.

TENURE
The Agent understands that the property is freehold. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.

GREEN AND COMPANY has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitor or Surveyor. Please note that all measurements are approximate.

If you require the full EPC certificate direct to your email address please contact the sales branch marketing this property and they will email the EPC certificate to you in a PDF format

WANT TO SELL YOUR OWN PROPERTY?
CONTACT YOUR LOCAL GREEN & COMPANY BRANCH ON

Agent Details

Green & Company, Great Barr

0121 387 6644

Next Steps?

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