2 Bed Flat, Single Let, Birmingham, B15 2DG, £178,000





ValuationOvervalued
Sold Prices | £30K - £500K |
Sold Prices/m² | £724/m² - £4.5K/m² |
| |
Square Metres | 19 m² |
Price/m² | £9.4K/m² |
Value Estimate | £41,663 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £44,500 |
Stamp Duty & Legal Fees | £10,100 |
Total Cash In | £54,600 |
| |
Cash Out | |
Rent Range | £1,000 - £3,000 |
Rent Estimate | £1,050 |
Running Costs/mo | £786 |
Cashflow/mo | £264 |
Cashflow/yr | £3,165 |
ROI | 6% |
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
51 rents from £1K/mo to £3K/mo, average is £1.2K/mo.
Local Area Statistics
Population in B15 | 17,552 |
Population in Birmingham | 1,034,821 |
Town centre distance | 1.35 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.25 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +71% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +27% |
Property History
Price changed to £178,000
February 28, 2025
Price changed to £185,000
January 27, 2025
Price changed to £200,000
December 13, 2024
Listed for £210,000
November 15, 2024
Description
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