3 Bed Semi-Detached House, Planning Permission, Birmingham, B25 8NX, £200,000

Allerton Road, Birmingham, B25 8NX - 4 views - 5 months ago

Sold STC
Leasehold
BTL
Planning
ROI: 3%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£77K - £410K
Sold Prices/m²£597/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£204,428
BMV2%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£950 - £1,500

Rent Estimate

£980

Running Costs/mo

£841

Cashflow/mo

£139

Cashflow/yr

£1,668

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £77K to £410K, average is £186K. £597/m² to £3.1K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£175K05/210 mi55, Allerton Road, Birmingham, West Midlands B25 8NX3
£235K12/220.07 mi12, Allendale Road, Yardley, Birmingham, West Midlands B25 8NU3
£215K09/220.08 mi154, Berkeley Road East, Yardley, Birmingham, West Midlands B25 8NT3
£225K11/230.08 mi26, Allendale Road, Yardley, Birmingham, West Midlands B25 8NU3
£220K03/230.08 mi46, Allendale Road, Yardley, Birmingham, West Midlands B25 8NU3
£176.5K02/210.09 mi48, Gladys Road, Birmingham, West Midlands B25 8BX3
£215K02/230.09 mi51, Allendale Road, Yardley, Birmingham, West Midlands B25 8NU3
£167K05/210.1 mi15, Geraldine Road, Yardley Wood, Birmingham, West Midlands B25 8BE3
£210K04/230.11 mi38, Flora Road, Birmingham, West Midlands B25 8BH3
£178K04/210.11 mi10, Ashton Road, Birmingham, West Midlands B25 8NZ3
£190K06/230.12 mi40, Geraldine Road, Birmingham, West Midlands B25 8BD3
£155K01/210.12 mi56, Geraldine Road, Birmingham, West Midlands B25 8BD3
£145K07/230.12 mi94, Geraldine Road, Birmingham, West Midlands B25 8BD3
£170K06/210.12 mi139, Berkeley Road East, Yardley, Birmingham, West Midlands B25 8PW3
£187K06/210.12 mi189, Berkeley Road East, Yardley, Birmingham, West Midlands B25 8PN3
£207K02/230.12 mi24, Gladys Road, Birmingham, West Midlands B25 8BX3
£185K08/220.13 mi269, Deakins Road, Birmingham, West Midlands B25 8AU3
£240K10/230.13 mi97, Kathleen Road, Birmingham, West Midlands B25 8AY3
£195K10/220.13 mi22, Flora Road, Birmingham, West Midlands B25 8BH3
£100K04/230.16 mi194, Deakins Road, Birmingham, West Midlands B25 8AX3
£194K06/230.16 mi52, Kathleen Road, Birmingham, West Midlands B25 8AZ3
£165K12/200.18 mi18, Fast Pits Road, Birmingham, West Midlands B25 8NY3
£185K10/220.18 mi127, Holder Road, Yardley, Birmingham, West Midlands B25 8AR3
£150K02/210.19 mi63, Holder Road, Yardley, Birmingham, West Midlands B25 8AP3
£102K08/210.19 mi77, Holder Road, Yardley, Birmingham, West Midlands B25 8AP3
£171K11/200.2 mi11, Rosedale Grove, Birmingham, West Midlands B25 8UG3
£170K10/200.2 mi9, Rosedale Grove, Birmingham, West Midlands B25 8UG3
£197K11/220.2 mi221, Millhouse Road, Yardley, Birmingham, West Midlands B25 8PL3
£166K09/220.21 mi47, Dale Walk, Birmingham, West Midlands B25 8NH3
£173K07/210.22 mi395, Hob Moor Road, Yardley, Birmingham, West Midlands B25 8UF3
£141K09/220.23 mi1, Ada Road, Yardley, Birmingham, West Midlands B25 8DD3
£191K06/230.23 mi2, Berkeley Road East, Yardley, Birmingham, West Midlands B25 8NP3
£77K03/230.26 mi11, Ada Road, Yardley, Birmingham, West Midlands B25 8DD3
£410K11/220.28 mi11, Howard Road, Yardley, Birmingham, West Midlands B25 8AL3
£195K11/220.3 mi13, The Ring, Yardley, Birmingham, West Midlands B25 8QA3
£190K02/210.32 mi217, Heybarnes Road, Birmingham, West Midlands B10 9HN3
£195K09/220.32 mi71, The Ring, Yardley, Birmingham, West Midlands B25 8QD3
£185K09/220.33 mi139, Millhouse Road, Yardley, Birmingham, West Midlands B25 8QS3
£100K03/210.33 mi183, Millhouse Road, Yardley, Birmingham, West Midlands B25 8QS3
£200K02/210.33 mi1372, Coventry Road, Yardley, Birmingham, West Midlands B25 8AF3
£270K12/220.34 mi202, Heybarnes Road, Birmingham, West Midlands B10 9JF3
£195K12/210.34 mi1405, Coventry Road, Yardley, Birmingham, West Midlands B25 8LL3
£160K04/210.34 mi1407, Coventry Road, Yardley, Birmingham, West Midlands B25 8LL3
£167K04/210.35 mi216, Heybarnes Road, Birmingham, West Midlands B10 9JF3
£300K10/210.35 mi34, Henry Road, Birmingham, West Midlands B25 8AH3
£137K11/200.35 mi4, Burnham Avenue, Birmingham, West Midlands B25 8LB3
£227K06/230.36 mi210, Wash Lane, Birmingham, West Midlands B25 8PU3
£220K05/230.36 mi157, Heybarnes Road, Birmingham, West Midlands B10 9HP3
£300K10/210.37 mi34, Henry Road, Birmingham, West Midlands B25 8AH3
£155K06/210.38 mi70, Kestrel Avenue, Birmingham, West Midlands B25 8QU3

Local Rents

10 rents from £950/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20003/250.07 mi-3
£1,15012/240.08 mi-3
£1,05012/240.19 miBerkeley Road, BIRMINGHAM3
£1,50003/250.26 mi-3
£1,15012/240.38 miKestrel Avenue, BIRMINGHAM3
£1,25004/250.42 mi-3
£95012/240.48 mi-3
£1,20002/250.48 mi-3
£1,19504/250.58 mi-3
£1,27511/230.58 mi-3

Local Area Statistics

Population in B25

15,860

Population in Birmingham

1,034,821

Town centre distance

2.24 miles away

Nearest school

0.30 miles away

Nearest train station

0.94 miles away

 

 

Rental growth (12m)

+58%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £200,000

November 15, 2024

Sold for £127,000

2007

Floor Plans

Description

  • Three Bedroom Semi Detached Property +
  • No Upward Chain +
  • Viewings Recommended +
  • In Need of Upgrading +
  • Off Road Parking +
  • Rear Garden +

A three bedroom semi detached house, within walking distance of local schools, shops and amenities. Conveniently located for access to Birmingham, Solihull and Coventry. This three bedroom property would make an ideal purchase for a first time buyer or buy to let investor.  Full Details: This three-bedroom property on Allerton Road, B25, presents a fantastic opportunity for those looking to renovate and personalize a home to their own tastes. In need of upgrading throughout, this property includes a living room, a dining kitchen, three bedrooms, and a bathroom, providing a solid foundation for a transformation into a comfortable family home. Externally, the property benefits from off-road parking and a rear garden, offering potential for outdoor improvement. With its scope for modernization, this property is ideal for investors or buyers eager to add value and create their ideal space. Early viewings are recommended to appreciate the possibilities this property offers. Tenure: Freehold The Consumer Protection Regulations 2008: Black & Golds Estate Agents have not tested any apparatus, equipment, fixtures and fittings or services, so cannot verify that they are connected, in working order or fit for the purpose. Black & Golds Estate Agents have not checked legal documents to verify the Freehold/Leasehold status of the proper-ty. The buyer is advised to obtain verification from their own solicitor or surveyor. The Consumer Protection from Unfair Trading Regulations 2008: Black and Golds Estate Agents have not tested any apparatus, equipment, fixtures and fittings or services, so cannot verify that they are in working order or fit for purpose. A buyer is advised to obtain verification from their solicitor or surveyor. References to the tenure of the property are based on information received from the seller, the Agent has not been given access to the title documents. A buyer is advised to obtain verification from their solicitor. Sales Particulars form no part of any sale contract. Any items shown in photographs are not included unless particularly specified as such in the sales particulars; interested buyers are advised to obtain verification of all legal and factual matters and information from their solicitor, licenced conveyancer or surveyor. PLANNING PERMISSION AND BUILDING REGULATIONS: It is the responsibility of Purchasers to verify if any planning permission and building regulations were obtained and adhered to for any works carried out to the property.

Agent Details

Black & Golds Estate Agents, Solihull

0121 387 6686

Next Steps?

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