2 Bed Flat, Single Let, Birmingham, B15 2LH, £170,000
Warwick Crest, Arthur Road, Edgbaston, B15 2LH - 5 views - 5 months ago
Leasehold
BTL
ROI: 4%
~68 m²





+2 photos
ValuationOvervalued
Sold Prices | £30K - £500K |
Sold Prices/m² | £1.6K/m² - £4.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.5K/m² |
Value Estimate | £152,663 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £42,500 |
Stamp Duty & Legal Fees | £6,300 |
Total Cash In | £48,800 |
| |
Cash Out | |
Rent Range | £895 - £2,375 |
Rent Estimate | £913 |
Running Costs/mo | £734 |
Cashflow/mo | £179 |
Cashflow/yr | £2,150 |
ROI | 4% |
Gross Yield | 6% |
Local Sold Prices
32 sold prices from £30K to £500K, average is £166K. £1.6K/m² to £4.5K/m², average is £2.2K/m².
Local Rents
51 rents from £895/mo to £2.4K/mo, average is £1.2K/mo.
Local Area Statistics
Population in B15 | 17,552 |
Population in Birmingham | 1,034,821 |
Town centre distance | 1.49 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.40 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +71% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +27% |
Property History
Listed for £170,000
November 8, 2024
Floor Plans

Description
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