3 Bed Terraced House, Single Let, Smethwick, B66 3DN, £255,000

John Brooks Avenue, Smethwick, West Midlands, B66 3DN - 4 views - 5 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£60K - £295K
Sold Prices/m²£690/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£163,291

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£63,750

Stamp Duty & Legal Fees

£9,100

Total Cash In

£72,850

 

 

Cash Out

 

Rent Range

£800 - £4,000

Rent Estimate

£975

Running Costs/mo

£1,012

Cashflow/mo

£-37

Cashflow/yr

£-442

Gross Yield

5%

Local Sold Prices

50 sold prices from £60K to £295K, average is £151.5K. £690/m² to £3.3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£151K04/210.18 mi1, Honiton Walk, Smethwick, West Midlands B66 3HR3
£240K03/230.22 mi15, Firs Lane, Smethwick, West Midlands B67 6AD3
£195K12/220.23 mi11, Metric Walk, Smethwick, West Midlands B67 7DX3
£105K12/200.25 mi14, Bridge Street South, Smethwick, West Midlands B66 3DR3
£191K04/230.27 mi23, Queens Close, Smethwick, West Midlands B67 7DY3
£160K03/230.28 mi23, Dynes Walk, Smethwick, West Midlands B67 7DU3
£153K01/210.31 mi37, Rosefield Road, Smethwick, West Midlands B67 6DU3
£185K05/230.31 mi32, Rosefield Road, Smethwick, West Midlands B67 6DU3
£133.8K01/230.34 mi69, Parkhill Road, Smethwick, West Midlands B67 6AU3
£238K08/210.34 mi78, Coopers Lane, Smethwick, West Midlands B67 7DJ3
£110K10/210.35 mi19, Highfield Road, Smethwick, West Midlands B67 6AP3
£177K12/220.37 mi46, Rosefield Road, Smethwick, West Midlands B67 6DX3
£195K03/230.37 mi44, Rosefield Road, Smethwick, West Midlands B67 6DX3
£80K04/210.37 mi52, Rosefield Road, Smethwick, West Midlands B67 6DX3
£146.3K03/210.38 mi3, Bush Avenue, Smethwick, West Midlands B66 3LD3
£198K04/230.39 mi66, Windmill Lane, Smethwick, West Midlands B66 3ES3
£150K12/220.39 mi40, Parkhill Road, Smethwick, West Midlands B67 6AU3
£136.5K05/210.39 mi21, Parkhill Road, Smethwick, West Midlands B67 6AS3
£295K02/230.42 mi78, Coopers Lane, Smethwick, West Midlands B67 7DJ3
£112.5K07/210.42 mi2, Pens Close, Smethwick, West Midlands B66 4LH3
£112.5K07/210.42 mi2, Pens Close, Smethwick, West Midlands B66 4LH3
£126.5K11/200.43 mi28, Parkes Street, Smethwick, West Midlands B67 6AZ3
£152K02/210.43 mi33, Parkes Street, Smethwick, West Midlands B67 6BA3
£146K05/210.43 mi46, Norton Close, Smethwick, West Midlands B66 3JA3
£135K12/200.43 mi91, Windmill Lane, Smethwick, West Midlands B66 3EW3
£142K10/210.44 mi90, Trafalgar Road, Smethwick, West Midlands B66 3SA3
£142K05/230.44 mi51, Cheshire Road, Smethwick, West Midlands B67 6DN3
£126K05/210.44 mi129, Cheshire Road, Smethwick, West Midlands B67 6DN3
£195K07/230.44 mi44, Cheshire Road, Smethwick, West Midlands B67 6DN3
£150K03/210.45 mi9, Salisbury Road, Smethwick, West Midlands B66 3RU3
£160K10/220.47 mi46, Woodlands Street, Smethwick, West Midlands B66 3TE3
£118K07/210.47 mi72, Salisbury Road, Smethwick, West Midlands B66 3RX3
£145K04/210.47 mi105, Salisbury Road, Smethwick, West Midlands B66 3RX3
£73K02/210.47 mi133, Arden Road, Smethwick, West Midlands B67 6EN3
£175K01/230.48 mi80, Trafalgar Road, Smethwick, West Midlands B66 3SF3
£196.5K10/220.49 mi11, Cemetery Road, Smethwick, West Midlands B67 6BB3
£149K08/210.5 mi51, Rosebery Road, Smethwick, West Midlands B66 3RZ3
£182K06/230.5 mi62, Rosebery Road, Smethwick, West Midlands B66 3RZ3
£177.5K12/200.5 mi6, Lotus Croft, Smethwick, West Midlands B67 6ER3
£155K03/210.5 mi113, Stony Lane, Smethwick, West Midlands B67 7QJ3
£220K04/210.5 mi18, Burn Close, Smethwick, West Midlands B66 4JE3
£175K04/230.51 mi24, Cemetery Road, Smethwick, West Midlands B67 6BQ3
£170K06/230.53 mi61, Lewisham Road, Smethwick, West Midlands B66 2BU3
£145K05/210.53 mi15, Woodlands Street, Smethwick, West Midlands B66 3TF3
£145K05/210.53 mi15, Woodlands Street, Smethwick, West Midlands B66 3TF3
£205K09/220.56 mi5, The Uplands, Smethwick, West Midlands B67 6EG3
£60K04/230.57 mi124, Oxford Road, Smethwick, West Midlands B66 2DJ3
£268K10/230.58 mi56, Grange Road, Smethwick, West Midlands B66 4NQ3
£250K11/210.58 mi58, Grange Road, Smethwick, West Midlands B66 4NQ3
£90K02/210.59 mi60, Sydenham Road, Smethwick, West Midlands B66 2DF3

Local Rents

20 rents from £800/mo to £4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15512/240.07 miSmethwick, West Midlands, B673
£1,45002/240.09 mi-3
£1,30012/240.09 miCrocketts Lane, Smethwick, Birmingham3
£1,20012/240.22 miRoslyn Close, Smethwick, West Midlands, B663
£1,30004/250.22 mi-3
£1,50003/250.26 mi-3
£1,10012/240.29 miMessenger Road, B663
£1,30003/250.31 mi-3
£80012/240.36 miScribbans Close, Smethwick, West Midlands3
£1,50003/240.36 mi-3
£1,10012/240.37 miRosefield Road, Smethwick3
£1,10012/240.38 miGreen Street, Smethwick, Birmingham3
£90012/240.39 miParkhill Road, Smethwick, B673
£97503/250.39 mi-3
£4,00004/250.46 mi-3
£1,20012/240.47 mismethwick, B663
£1,15011/240.54 mi-3
£1,42512/240.58 mi-3
£1,15004/250.58 mi-3
£1,17503/250.61 mi-3

Local Area Statistics

Population in B66

21,335

Population in Smethwick

51,344

Town centre distance

0.56 miles away

Nearest school

0.20 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+32%

Property History

Listed for £255,000

November 12, 2024

Floor Plans

Description

THIS TASTEFULLY DECORATED END OF TERRACE PROPERTY IS OFFERED WITH NO ONWARD CHAIN, providing an excellent first time buyers purchase or investment opportunity. Features include open plan living/dining/kitchen area, three bedrooms, en suite shower room to bedroom one, family bathroom and off road parking to the front of the property. EPC Rating: C. Council Tax Band: C.

Location

The property is situated within Smethwick, home to the much enjoyed grounds of Victoria Park. The property is situated within 1 mile to the Bearwood Road and within 1 mile of the Hadley Stadium. Situated on the cusp of Bearwood, both Lightwoods Park and Warley Woods can be accessed within 1.9 miles. The towns of Bearwood and Smethwick both boast excellent transport links to Birmingham City Centre, which is ideal for commuters. The area is home to well regarded schools with Shireland Collegiate Academy. The amenities of Cape Hill, such as Windmills Shopping Centre, can be found within 0.7 miles of the property.

Summary

* A tastefully decorated end of terrace property

* A welcoming entrance hallway providing access to an under stairs storage cupboard and a w.c with wash hand basin

* Modern kitchen with integral oven, gas hob and extractor fan whilst also providing space for a fridge/freezer and washing machine

* Spacious lounge/dining area providing access to the rear garden through sliding doors

* Three bedrooms; bedroom one with a contemporary styled en suite shower room

* Modern first floor bathroom

* Rear Garden

* Off road parking

* No onward chain

* Ideal purchase for First Time Buyers or Investors

General Information

Tenure: The agents understand that the property is Freehold.

Services: Central heating to radiators is provided by a combi boiler situated in the kitchen.

Agent Details

Robert Oulsnam & Company, Hagley Road

0121 387 6394

Next Steps?

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