2 Bed Terraced House, Single Let, Birmingham, B32 1BQ, £215,000

4 Powell Avenue, Birmingham, West Midlands, B32 1BQ - 1 views - 5 months ago

Sold STC
BTL
66 m²
+12 photos

ValuationOvervalued

Sold Prices£75K - £349K
Sold Prices/m²£1.2K/m² - £4.4K/m²

 

 

Square Metres

66 m²
Price/m²£3.3K/m²

Value Estimate

£188,419

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Total Cash In

£61,400

 

 

Cash Out

 

Rent Range

£750 - £1,400

Rent Estimate

£825

Running Costs/mo

£857

Cashflow/mo

£-32

Cashflow/yr

£-382

Gross Yield

5%

Local Sold Prices

50 sold prices from £75K to £349K, average is £188.5K. £1.2K/m² to £4.4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£161K01/210 mi14, Powell Avenue, Birmingham, West Midlands B32 1BQ2
£177.5K02/210.09 mi30, Collins Close, Birmingham, West Midlands B32 1BN2
£208.7K08/230.09 mi28, Collins Close, Quinton, Birmingham, West Midlands B32 1BN2
£170K11/200.13 mi489, Ridgacre Road West, Quinton, Birmingham, West Midlands B32 1AR2
£205K10/230.15 mi158, Chichester Drive, Quinton, Birmingham, West Midlands B32 1BB2
£180K08/230.15 mi166, Chichester Drive, Quinton, Birmingham, West Midlands B32 1BB2
£203K03/210.16 mi15, Chantry Drive, Halesowen, West Midlands B62 9DE2
£223K02/210.16 mi35, Chantry Drive, Halesowen, West Midlands B62 9DE2
£195K11/210.16 mi10, Hoosen Close, Halesowen, West Midlands B62 9DG2
£203K11/230.16 mi8, Hoosen Close, Halesowen, West Midlands B62 9DG2
£285K01/230.16 mi3, Hoosen Close, Halesowen, West Midlands B62 9DG2
£177K04/210.17 mi24, High Street, Quinton, Birmingham, West Midlands B32 1AG2
£125K05/210.19 mi35, Clay Drive, Quinton, Birmingham, West Midlands B32 1BE2
£165K04/210.19 mi19, Clay Drive, Birmingham, West Midlands B32 1BE2
£130K12/220.33 mi21, Bournebrook Crescent, Halesowen, West Midlands B62 0HY2
£220K06/230.34 mi87, Frankley Avenue, Halesowen, West Midlands B62 0DU2
£240K08/210.36 mi132, Woodbury Road, Halesowen, West Midlands B62 9AG2
£290K06/230.44 mi98, Woodbury Road, Halesowen, West Midlands B62 9AQ2
£235K01/210.44 mi118, Woodbury Road, Halesowen, West Midlands B62 9AQ2
£270K06/210.44 mi149, Woodbury Road, Halesowen, West Midlands B62 9AQ2
£110K10/220.45 mi101, Bournebrook Crescent, Halesowen, West Midlands B62 0HZ2
£190K03/230.5 mi31, Warple Road, Quinton, Birmingham, West Midlands B32 1RL2
£170K08/210.54 mi131, Ridgacre Lane, Birmingham, West Midlands B32 1PY2
£146K07/210.56 mi7, Radnor Road, Oldbury, West Midlands B68 0QH2
£140K03/210.58 mi86, Oldacre Road, Oldbury, West Midlands B68 0RG2
£170K05/230.58 mi10, Norfolk Road, Oldbury, West Midlands B68 0QL2
£225K03/230.6 mi241, Howley Grange Road, Halesowen, West Midlands B62 0JD2
£116K07/230.6 mi243, Highfield Lane, Quinton, Birmingham, West Midlands B32 1RT2
£180K09/230.63 mi98a, Ridgacre Lane, Quinton, Birmingham, West Midlands B32 1PT2
£349K10/230.64 mi12a, Linden Avenue, Halesowen, West Midlands B62 9EL2
£252.5K03/210.67 mi12, Western Avenue, Halesowen, West Midlands B62 8QH2
£252.5K03/210.67 mi12, Western Avenue, Halesowen, West Midlands B62 8QH2
£220K11/200.67 mi19, Lilac Way, Halesowen, West Midlands B62 9BH2
£245K02/210.67 mi9, Lilac Way, Halesowen, West Midlands B62 9BH2
£187K10/230.68 mi123, Woodbury Road, Halesowen, West Midlands B62 9AW2
£275K12/220.68 mi119, Woodbury Road, Halesowen, West Midlands B62 9AW2
£207.5K06/210.69 mi61, Newlands Drive, Halesowen, West Midlands B62 9DZ2
£120K03/240.72 mi20, New England, Halesowen, West Midlands B62 9EG2
£124K11/200.72 mi35, New England, Halesowen, West Midlands B62 9EG2
£310K11/200.73 mi20, Raddens Road, Halesowen, West Midlands B62 0AW2
£75K12/200.77 mi11, Chance Croft, Oldbury, West Midlands B68 0JY2
£177K07/230.77 mi11, Chance Croft, Oldbury, West Midlands B68 0JY2
£130K10/200.83 mi18, Roundhills Road, Halesowen, West Midlands B62 9SB2
£185.8K06/210.84 mi27, Chestnut Road, Oldbury, West Midlands B68 0AX2
£305K06/210.85 mi12, Alison Road, Halesowen, West Midlands B62 0AX2
£215K01/230.88 mi35, Holly Road, Oldbury, West Midlands B68 0AU2
£210K03/230.89 mi8, Holly Road, Oldbury, West Midlands B68 0AS2
£140K09/210.9 mi166, Worlds End Lane, Birmingham, West Midlands B32 1JU2
£187K08/230.9 mi166, Worlds End Lane, Quinton, Birmingham, West Midlands B32 1JU2
£155K06/210.9 mi178, Worlds End Lane, Quinton, Birmingham, West Midlands B32 1JU2

Local Rents

29 rents from £750/mo to £1.4K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£87512/240.61 miFlat 6 Quinton Court2
£87512/240.61 mi8 Quinton Court, B682
£87512/240.61 mi25 Quinton Court, B682
£90012/240.7 mi-2
£82512/240.76 miDaventry Grove, Quinton, B322
£82512/240.76 miDaventry Grove, Quinton, B322
£85012/240.79 miTame Rise, Oldbury, West Midlands2
£90001/240.81 mi-2
£99504/250.81 mi-2
£84512/240.82 mi-2
£75012/240.82 miHagley Road West, Oldbury2
£75012/240.82 miHagley Road West, Oldbury2
£1,30012/240.84 miForest Road, OLDBURY2
£1,00012/240.97 miWorlds End Lane, Quinton2
£97512/240.97 miWorlds End Lane, Quinton2
£1,10012/240.97 miWorlds End Lane, Quinton2
£97512/240.97 miWorlds End Lane, Quinton2
£1,10012/240.97 miWorlds End Lane, Quinton2
£1,25012/240.97 miLansdowne Road, Hurst Green, Halesowen2
£99501/251.09 mi-2
£1,40002/251.16 mi-2
£92512/241.18 mi-2
£95012/241.18 mi-2
£92512/241.18 mi-2
£92512/241.18 mi-2
£95001/251.18 mi-2
£95001/251.18 mi-2
£95001/251.18 mi-2
£95002/241.23 mi-2

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.57 miles away

Nearest school

0.20 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £215,000

November 14, 2024

Sold for £134,000

2017

Sold for £117,000

2007

Sold for £58,500

2001

Sold for £47,500

1998

Floor Plans

Description

  • MID TERRACE PROPERTY +
  • TWO GOOD SIZE BEDROOMS +
  • FAMILY BATHROOM +
  • OPEN PLAN LOUNGE/DINING ROOM +
  • WELL MAINTAINED REAR GARDENS +

SUMMARY
BEAUTIFULLY PRESENTED MID TERRACE PROPERTY DRIVEWAY TO THE FRONT GARAGE IN A SEPARATE BLOCK *** OPEN PLAN LOUNGE/DINING AREA, LOVELY FITTED KITCHEN, TWO GOOD SIZE BEDROOMS TO THE FIRST FLOOR, AND FAMILY BATHROOM. WELL MAINTAINED REAR GARDENS.

DESCRIPTION
This property is located on a residential estate, tucked away from the Hagley Road, Within easy commuting distance of Birmingham City Centre, Motorway Networks, Queen Elizabeth Hospital, surrounded by lots amenities including shops, supermarkets and public transport, the property is also close to the ever popular Woodgate Valley, giving access to great walks. The property itself would make a wonderful first home, or indeed a buy to let opportunity. It comprises in more detail, Driveway to the Front, Open Plan Lounge/Dining Room, Fitted Kitchen, Two good size bedrooms to the first floor and family Bathroom. It also benefits from a garage in a separate block.

Agent Note 
This property is EPC rating D.

Lounge 11' 10" x 10' 6" ( 3.61m x 3.20m )
double glazed front facing window, central heating radiator.

Dining Room 10' 4" x 7' 10" ( 3.15m x 2.39m )
double glazed french doors & window both rear facing, central heating radiator.

Kitchen 10' 4" x 6' 11" ( 3.15m x 2.11m )
double glazed rear facing window, door to garden, sink and drainer unit, range of wall and base units with work tops, plumbing for washing machines, electric hob and oven, storage cupboards.

Bedroom 1 11' 10" plus access x 9' 9" ( 3.61m plus access x 2.97m )
double glazed front facing window, central heating radiator, fitted wardrobes.

Bedroom 2 12' 3" x 8' 7" ( 3.73m x 2.62m )
double glazed rear facing window, central heating radiator.

Bathroom 
double glazed rear facing window, bath with shower over, hand wash basin, low level flush w/c, heated towel rail.

Rear Garden 
patio and lawn.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Shipways, Harborne

0121 387 6295

Next Steps?

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