2 Bed Flat, Single Let, Birmingham, B15 2DX, £180,000
18 Wheeleys Lane, Birmingham, B15 2DX - 5 months ago
Leasehold
BTL
ROI: 5%
58 m²





+2 photos
ValuationOvervalued
Sold Prices | £30K - £500K |
Sold Prices/m² | £724/m² - £4.5K/m² |
| |
Square Metres | 58 m² |
Price/m² | £3.1K/m² |
Value Estimate | £127,181 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £45,000 |
Stamp Duty & Legal Fees | £10,200 |
Total Cash In | £55,200 |
| |
Cash Out | |
Rent Range | £995 - £2,885 |
Rent Estimate | £999 |
Running Costs/mo | £782 |
Cashflow/mo | £217 |
Cashflow/yr | £2,600 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
27 sold prices from £30K to £500K, average is £153.5K. £724/m² to £4.5K/m², average is £2.2K/m².
Local Rents
50 rents from £995/mo to £2.9K/mo, average is £1.2K/mo.
Local Area Statistics
Population in B15 | 17,552 |
Population in Birmingham | 1,034,821 |
Town centre distance | 1.37 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.20 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +71% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +27% |
Property History
Listed for £180,000
November 12, 2024
Floor Plans

Description
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