2 Bed Terraced House, Single Let, Birmingham, B10 0JF, £160,000

Malmesbury Road, Birmingham, West Midlands, B10 0JF - 3 views - 5 months ago

Sold STC
BTL
ROI: 3%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£110K - £210K
Sold Prices/m²£1.3K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£127,450

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£695 - £2,071

Rent Estimate

£794

Running Costs/mo

£679

Cashflow/mo

£115

Cashflow/yr

£1,380

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £110K to £210K, average is £146.5K. £1.3K/m² to £3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£136.5K06/210.05 mi155, Oldknow Road, Small Heath, Birmingham, West Midlands B10 0JA2
£140K12/220.06 mi194, Oldknow Road, Birmingham, West Midlands B10 0HX2
£145K03/230.16 mi234, Oldknow Road, Birmingham, West Midlands B10 0HY2
£130K02/230.5 mi55, Somerville Road, Small Heath, Birmingham, West Midlands B10 9EN2
£160K10/220.51 mi74, Speedwell Road, Yardley, Birmingham, West Midlands B25 8HT2
£154.5K03/210.57 mi4, Kenelm Road, Birmingham, West Midlands B10 9AJ2
£179K03/230.62 mi179, Monica Road, Small Heath, Birmingham, West Midlands B10 9BN2
£134K07/220.63 mi44, Cowley Road, Greet, Birmingham, West Midlands B11 2JB2
£123K05/210.63 mi329, Golden Hillock Road, Sparkbrook, Birmingham, West Midlands B11 2QL2
£110K09/210.64 mi246, St Benedicts Road, Small Heath, Birmingham, West Midlands B10 9NG2
£125K04/210.65 mi31, Francis Road, Yardley, Birmingham, West Midlands B25 8HP2
£141K11/200.65 mi29, Gough Road, Greet, Birmingham, West Midlands B11 2NG2
£127K08/210.66 mi4, Cowley Grove, Birmingham, West Midlands B11 2JD2
£122K06/210.69 mi89b, Grange Road, Small Heath, Birmingham, West Midlands B10 9QS2
£159K10/220.7 mi48, Berkeley Road, Yardley, Birmingham, West Midlands B25 8NG2
£187K01/230.7 mi111, Manor Farm Road, Birmingham, West Midlands B11 2HT2
£162K04/230.7 mi79, Manor Farm Road, Birmingham, West Midlands B11 2HT2
£150K12/220.7 mi83, Manor Farm Road, Birmingham, West Midlands B11 2HT2
£150K04/210.71 mi147, Bankes Road, Birmingham, West Midlands B10 9PN2
£158K01/210.72 mi582, Warwick Road, Tyseley, Birmingham, West Midlands B11 2HR2
£173K12/220.75 mi44, Berkeley Road East, Yardley, Birmingham, West Midlands B25 8NP2
£127K11/200.76 mi453, Green Lane, Small Heath, Birmingham, West Midlands B9 5PP2
£163K05/220.76 mi333, St Benedicts Road, Small Heath, Birmingham, West Midlands B10 9ND2
£150K06/210.77 mi43, Roderick Road, Birmingham, West Midlands B11 1UE2
£129K01/210.78 mi399a, Charles Road, Small Heath, Birmingham, West Midlands B9 5HH2
£160K03/230.78 mi8, Carlton Road, Small Heath, Birmingham, West Midlands B9 5EB2
£188.5K10/220.78 mi210, Bankes Road, Birmingham, West Midlands B10 9PJ2
£158K12/220.79 mi371, Charles Road, Small Heath, Birmingham, West Midlands B9 5HH2
£125K11/200.79 mi46, Madeley Road, Birmingham, West Midlands B11 1UX2
£125K12/200.82 mi49, Deakins Road, Birmingham, West Midlands B25 8DX2
£125K09/210.82 mi691, Warwick Road, Tyseley, Birmingham, West Midlands B11 2EZ2
£142K08/210.82 mi56, Boscombe Road, Birmingham, West Midlands B11 3RJ2
£148K09/210.82 mi38, Deakins Road, Birmingham, West Midlands B25 8DZ2
£140K08/210.86 mi27, Lea Road, Sparkhill, Birmingham, West Midlands B11 3LT2
£130K03/210.86 mi84, Reddings Lane, Tyseley, Birmingham, West Midlands B11 3HB2
£149K06/210.86 mi50, Reddings Lane, Tyseley, Birmingham, West Midlands B11 3HB2
£136K08/210.87 mi729, Warwick Road, Tyseley, Birmingham, West Midlands B11 2HA2
£136K08/210.87 mi729, Warwick Road, Tyseley, Birmingham, West Midlands B11 2HA2
£155K10/200.87 mi113, Whitehall Road, Small Heath, Birmingham, West Midlands B9 5EN2
£149K11/200.88 mi131, Wharfdale Road, Birmingham, West Midlands B11 2DB2
£123.5K02/210.9 mi24, Medina Road, Birmingham, West Midlands B11 3SA2
£155K10/210.93 mi10, Heathcliff Road, Birmingham, West Midlands B11 3RA2
£114K07/210.93 mi187, Bordesley Green, Birmingham, West Midlands B9 5EX2
£132K05/210.95 mi3, Rushey Lane, Birmingham, West Midlands B11 2BL2
£172K11/210.96 mi136, Deakins Road, Birmingham, West Midlands B25 8EA2
£210K06/230.96 mi209, Deakins Road, Birmingham, West Midlands B25 8EA2
£180K08/210.97 mi5, Allerton Road, Birmingham, West Midlands B25 8NX2
£197K08/230.97 mi5, Allerton Road, Birmingham, West Midlands B25 8NX2
£139K07/230.97 mi34, Blake Lane, Bordesley Green, Birmingham, West Midlands B9 5QY2
£165K05/210.99 mi44, Evelyn Road, Birmingham, West Midlands B11 3JN2

Local Rents

41 rents from £695/mo to £2.1K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,09512/240.16 miMalmesbury Park, Edgbaston, Birmingham, B15 3TY2
£99503/250.34 mi-2
£1,80004/240.68 mi-2
£95002/240.71 mi-2
£1,00012/240.73 mi-2
£95012/240.75 miBerkeley Road East, Birmingham2
£87001/250.76 mi-2
£2,07102/240.76 mi-2
£1,05012/240.77 mi-2
£1,20012/240.82 miDeakins Road, Yardley, Birmingham2
£90004/240.82 miWarwick Road,Tyseley, B112
£99504/240.84 miReddings Lane, Tyseley2
£75012/240.87 miFlat 1545-547 Green Lane Small Heath2
£90002/240.9 mi-2
£99502/240.9 miMedina Road, Tyseley2
£94012/240.92 mi-2
£1,10012/240.95 mi-2
£95003/240.96 miStratford Road, Sparkhill2
£95002/241.03 mi-2
£95002/241.03 mi-2
£99502/241.03 mi-2
£69502/241.04 mi-2
£69502/241.04 mi-2
£92503/241.06 mi-2
£95003/251.06 mi-2
£87503/241.07 miElectric Way, Tyseley2
£1,14901/251.08 mi-2
£80012/241.11 miHolcombe Road, Tyseley 2
£95012/241.12 miDurley Road, Yardley, Birmingham2
£1,05010/241.14 mi-2
£1,05010/241.14 mi-2
£99511/241.14 mi-2
£92511/241.14 mi-2
£1,15002/251.14 mi-2
£98502/241.16 mi-2
£1,70002/251.16 mi-2
£1,00012/241.18 mi-2
£1,05012/241.18 mi-2
£1,05003/241.2 mi-2
£87503/241.21 miSpring Road, Tyseley, Birmingham, B112
£1,80001/251.22 mi-2

Local Area Statistics

Population in B10

26,004

Population in Birmingham

1,034,821

Town centre distance

1.28 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

+53%

Property History

Listed for £160,000

November 12, 2024

Sold for £51,000

2005

Floor Plans

Description

A two bedroom mid terraced property situated on a popular road in the Small Heath area of Birmingham.
The property has two reception rooms and a kitchen on the ground floor and the two double bedrooms and a bathroom on the 1st floor. It also has a lovely garden to the rear.
Call Reeds Rains Yardley branch to arrange a viewing!!

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

YAR240250/2

Agent Details

Reeds Rains, Yardley

0121 387 6498

Next Steps?

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