4 Bed Detached House, Single Let, Birmingham, B15 2LF, £675,000

Wheeleys Road, Edgbaston, Birmingham, B15 2LF - 1 views - 5 months ago

BTL
~140 m²
+15 photos

ValuationOvervalued

Sold Prices£140K - £1.7M
Sold Prices/m²£927/m² - £5.9K/m²

 

 

Square Metres

~139.60 m²
Price/m²£4.8K/m²

Value Estimate

£496,704

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£168,750

Stamp Duty & Legal Fees

£42,700

Total Cash In

£211,450

 

 

Cash Out

 

Rent Range

£150 - £4,500

Rent Estimate

£938

Running Costs/mo

£2,317

Cashflow/mo

£-1,379

Cashflow/yr

£-16,548

Gross Yield

2%

Local Sold Prices

37 sold prices from £140K to £1.7M, average is £470K. £927/m² to £5.9K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£575K02/210.11 mi11, Parkfield Close, Birmingham, West Midlands B15 2NP4
£814K11/220.14 mi30, St James Road, Edgbaston, Birmingham, West Midlands B15 2NX4
£1.7M02/220.25 mi39, Carpenter Road, Birmingham, West Midlands B15 2JJ4
£462.5K02/210.25 mi31, Lee Crescent, Birmingham, West Midlands B15 2BJ4
£490K04/220.25 mi49, Lee Crescent, Birmingham, West Midlands B15 2BJ4
£573.5K05/230.28 mi30, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BN4
£470K08/220.28 mi39, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BN4
£772K05/210.46 mi17, Greville Drive, Birmingham, West Midlands B15 2UU4
£230K10/230.49 mi7, Viceroy Close, Birmingham, West Midlands B5 7UR4
£240K03/210.55 mi10, Wynn Street, Birmingham, West Midlands B15 2EQ4
£240K03/210.56 mi10, Wynn Street, Birmingham, West Midlands B15 2EQ4
£557.5K06/210.59 mi140, Bristol Road, Birmingham, West Midlands B5 7XH4
£221.5K12/200.6 mi106, Ruston Street, Birmingham, West Midlands B16 8BB4
£557.5K06/210.61 mi140, Bristol Road, Birmingham, West Midlands B5 7XH4
£265K07/220.61 mi7, Murrell Close, Birmingham, West Midlands B5 7NB4
£460K08/220.64 mi21, Aboyne Close, Edgbaston, Birmingham, West Midlands B5 7PQ4
£950K01/230.69 mi217a, Bristol Road, Birmingham, West Midlands B5 7UB4
£420K08/230.71 mi14, Speedwell Road, Birmingham, West Midlands B5 7PS4
£303K02/230.72 mi98, Southacre Avenue, Birmingham, West Midlands B5 7DE4
£246K04/210.72 mi94, Southacre Avenue, Birmingham, West Midlands B5 7DE4
£1.3M12/200.73 mi11, Farquhar Road East, Birmingham, West Midlands B15 3RD4
£300K11/220.8 mi24, Raglan Road, Edgbaston, Birmingham, West Midlands B5 7RA4
£450K09/220.8 mi200, Monument Road, Birmingham, West Midlands B16 8UU4
£850K11/220.81 mi34, Malcolmson Close, Birmingham, West Midlands B15 3LS4
£550K06/230.81 mi4, Malcolmson Close, Birmingham, West Midlands B15 3LS4
£712K04/220.81 mi6, Malcolmson Close, Birmingham, West Midlands B15 3LS4
£480K03/220.87 mi1, Clare Drive, Birmingham, West Midlands B15 3LP4
£240K05/230.88 mi3, Hickman Gardens, Birmingham, West Midlands B16 9PT4
£484K03/220.91 mi27, Niall Close, Birmingham, West Midlands B15 3LU4
£140K06/220.92 mi48, Eastwood Road, Balsall Heath, Birmingham, West Midlands B12 9NB4
£335K12/200.93 mi19, Oliver Road, Ladywood, Birmingham, West Midlands B16 9ER4
£552K07/220.93 mi25, Niall Close, Birmingham, West Midlands B15 3LU4
£600K01/230.96 mi32, Oak Hill Drive, Birmingham, West Midlands B15 3UG4
£350K01/230.96 mi20, East Drive, Birmingham, West Midlands B5 7RX4
£316K08/220.97 mi8, Harbury Road, Birmingham, West Midlands B12 9NQ4
£780K09/220.98 mi25, Oak Hill Drive, Birmingham, West Midlands B15 3UG4
£310K06/231 mi51, Willows Crescent, Birmingham, West Midlands B12 9NE4

Local Rents

50 rents from £150/mo to £4.5K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,75003/250.02 mi-4
£1,68501/250.06 mi-4
£1,20012/240.06 miDunston Court, Wheeleys Road, Edgbaston, B153
£3,74803/250.06 mi-4
£1,75512/240.09 miGilldown Place, Birmingham3
£3,50012/240.16 miSt James Rd, Edgbaston4
£2,99512/240.16 miSt James Road, Edgbaston4
£1,25012/240.2 miWarwick Crest, Arthur Road, Edgbaston3
£15012/240.23 mi-3
£15012/240.23 miCharlotte Road, Birmingham, B153
£1,60012/240.25 miCharlotte Road, Edgbaston, B15 2NH3
£1,60004/250.3 mi-3
£1,60012/240.33 miBell Barn Road, Birmingham4
£4,50002/240.34 mi-4
£4,50002/240.34 mi-4
£1,67512/240.34 mi125 Bell Barn Road, Birmingham, B154
£3,47003/250.34 mi-4
£1,35001/250.34 mi-3
£1,25003/250.34 mi-3
£3,94703/240.34 mi-4
£4,27003/250.34 mi-4
£3,00012/240.35 mi-3
£2,50003/250.35 mi-3
£2,40003/250.36 mi-3
£1,25002/250.36 mi-3
£1,25004/250.36 mi-3
£1,19503/250.37 mi-3
£1,45012/240.4 miKesteven Close, Edgbaston4
£2,00012/240.4 miKesteven Close, Edgbaston4
£1,42812/240.41 miShepherds Gardens, Birmingham3
£1,42812/240.41 miShepherds Gardens, Birmingham3
£3,00001/250.42 mi-3
£3,40003/250.42 mi-3
£1,45012/240.42 miWindrush Grove, Edgbaston, Birmingham3
£2,00012/240.42 miKesteven Close, Edgbaston, B154
£3,00002/240.42 mi-3
£1,75012/240.42 miGreville Drive, Birmingham, B153
£1,95003/240.42 mi-3
£1,75003/240.42 mi-3
£2,00004/250.43 mi-3
£1,26112/240.45 miHagley Court, B16 9RE3
£3,30612/240.45 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£1,26112/240.45 miHagley Court, B16 9RE3
£3,30612/240.45 miReservoir Retreat, Edgbaston B16 9EH7
£1,26112/240.45 miHagley Court, B16 9RE3
£3,30612/240.45 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£3,30612/240.45 miENSUITE. £127.17 PPPW FOR GROUP OF 6 PEOPLE. Reservoir Retreat, Edgbaston B16 9EH6
£3,30612/240.45 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£2,00003/250.45 mi-4
£2,75012/240.45 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3

Local Area Statistics

Population in B15

17,552

Population in Birmingham

1,034,821

Town centre distance

1.46 miles away

Nearest school

0.10 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+71%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £675,000

November 8, 2024

Floor Plans

Description

  • Executive Detached Property in Prime Edgbaston Location +
  • Four Bedrooms +
  • Over 1500 Square Feet +
  • Off-Street Parking and Garage +
  • Large Rear Garden +
  • Excellent Access into Birmingham City Centre +
  • No Upward Chain +
  • EPC Rating - E +

An extremely spacious and superbly presented detached residence situated in this highly regarded location within Edgbaston, on the edge of Birmingham City Centre. This four bedroom corner-plot provides over 1500 square feet of spacious internal accommodation with the additional benefit of a large driveway for multiple cars, a garage and a secluded rear garden. Being Sold with No Upward Chain.

The property is located within a quiet and tucked away service road occupying just five houses, with a driveway and decorative front fore garden to the frontage. As you go through the entrance porch and into the hallway, it provides stairs to first floor and access to a cloakroom. A large through reception room occupies one side of the property that has ample space for both living and dining room furniture and has sliding patio doors leading out to a large conservatory. In addition to this we have a smaller reception room currently used as a formal dining room that leads through to a large breakfast kitchen. The kitchen comprises wall and base level units with complimentary work surfaces and tiled splash-back, with a breakfast bar area and patio door out to the rear garden. It also includes an integrated oven with 5-ring gas hob and extractor above, with integrated dishwasher and ample space for fridge freezer. An integral door leads into the garage which has an up and over door, houses the boiler and hot water cylinder and provides space and plumbing for a washing machine.
The upstairs accommodation includes a landing area with built-in storage that leads to four excellent sized bedrooms, including a large master bedroom with fitted wardrobes and a partly tiled en-suite including WC, wash hand basin and bath with separate shower above, with a further two further double bedrooms also with fitted wardrobes and a slightly smaller fourth bedroom. They are perfectly complimented by a family bathroom which also comprises WC, wash hand basin and bath with separate shower above.

The rear garden is superbly secluded, with a patio area leading to lawn space with a fenced boundary.

The property is set back from the main road within a quiet cul-de-sacSituated in a convenient and sought after residential location having access to local amenities such as shops, schools, and restaurants, it is located close to Queen Elizabeth hospital, the University of Birmingham and to the Hagley Road which offers excellent travel links to the motorway network. The property is also within five minutes walk to Fiveways railway station and Birmingham City Centre is also only a stone throw away. This property provides an ideal opportunity for families, investors, landlords and professional couples.

Agent Details

Hunters, Harborne

0121 387 6551

Next Steps?

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