5 Bed Semi-Detached House, Refurb/BRRR, Birmingham, B45 9QU, £300,000

12 Links Drive, Birmingham, Worcestershire, B45 9QU - 16 views - 5 months ago

Sold STC
Refurb/BRRR
~178 m²
+11 photos

ValuationFair Value

Sold Prices£350K - £1.3M
Sold Prices/m²£2.1K/m² - £6.1K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.7K/m²

Value Estimate

£306,000

 

 

End Value (After Refurb)

£480,588

Uplift in Value

+60%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£70,546

Bridging Loan Interest

£7,875

Total Cash In

£167,871

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£480,588

Agent Fees (1%)

£4,806

Bridging Loan

£225,000

Bridging Loan Interest

£7,875

Flip Profit

£82,911

Local Sold Prices

30 sold prices from £350K to £1.3M, average is £729.5K. £2.1K/m² to £6.1K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£350K12/200.18 mi66, Eachway Lane, Rednal, Birmingham, West Midlands B45 9LH5
£485K04/210.74 mi11, Barnt Green Road, Rednal, Birmingham, Worcestershire B45 8ND5
£350K06/230.8 mi47, Segbourne Road, Rubery, Birmingham, Worcestershire B45 9SY5
£710K11/200.86 mi36, High House Drive, Lickey, Birmingham, Worcestershire B45 8ET5
£510K08/230.96 mi39, Ashmead Rise, Cofton Hackett, Birmingham, Worcestershire B45 8AE5
£395K03/211.02 mi27, Brock Close, Rubery, Birmingham, West Midlands B45 9AU5
£675K06/211.02 mi11, Reservoir Road, Rednal, Birmingham, Worcestershire B45 8PJ5
£420K11/201.11 mi20, Pine Grove, Lickey, Birmingham, Worcestershire B45 8HE5
£770K03/211.18 mi4, The Badgers, Barnt Green, Birmingham, Worcestershire B45 8QR5
£724K02/211.18 mi2, The Badgers, Barnt Green, Birmingham, Worcestershire B45 8QR5
£770K11/201.2 mi8, The Badgers, Barnt Green, Birmingham, Worcestershire B45 8QR5
£1.1M10/221.23 mi6, White House Drive, Barnt Green, Birmingham, Worcestershire B45 8HF5
£1.1M12/221.24 mi1b, White House Drive, Barnt Green, Birmingham, Worcestershire B45 8HF5
£1.0M03/211.24 mi10, Fairlight Drive, Barnt Green, Birmingham, Worcestershire B45 8TB5
£950K02/211.26 mi32, Mearse Lane, Barnt Green, Birmingham, Worcestershire B45 8HL5
£1.1M10/221.26 miBurcot House, Mearse Lane, Barnt Green, Birmingham, Worcestershire B45 8HL5
£1000K12/201.3 mi1, Ingeva Drive, Barnt Green, Birmingham, Worcestershire B45 8FD5
£435.5K02/231.3 mi14, Sedgebourne Way, Northfield, Birmingham, West Midlands B31 5HQ5
£937.5K04/231.38 mi18, Lord Austin Drive, Marlbrook, Bromsgrove, Worcestershire B60 1RB5
£425K06/211.44 mi343, Groveley Lane, Birmingham, West Midlands B31 4PS5
£800K09/211.46 mi1, The Hollies, Barnt Green, Birmingham, Worcestershire B45 8GB5
£447.5K05/231.5 mi15, Marlbrook Lane, Marlbrook, Bromsgrove, Worcestershire B60 1HP5
£475K06/211.52 mi23, Merrill Gardens, Marlbrook, Bromsgrove, Worcestershire B60 1JA5
£1.2M01/211.54 mi23a, Plymouth Road, Barnt Green, Birmingham, Worcestershire B45 8JF5
£1.3M01/211.58 mi3, The Haven, Barnt Green, Birmingham, Worcestershire B45 8GA5
£790K06/211.62 mi10, Cottage Lane, Marlbrook, Bromsgrove, Worcestershire B60 1DW5
£530K06/211.63 mi186, Old Birmingham Road, Marlbrook, Bromsgrove, Worcestershire B60 1HH5
£1.2M11/211.7 mi1a, Plymouth Road, Barnt Green, Birmingham, Worcestershire B45 8JE5
£735K11/201.94 mi1, Oakdene Drive, Barnt Green, Birmingham, Worcestershire B45 8LQ5
£415K02/211.96 mi10, Marlbrook Gardens, Catshill, Bromsgrove, Worcestershire B61 0HN5

Local Rents

32 rents from £825/mo to £6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,07501/250.17 mi-3
£1,75001/250.42 mi-3
£1,10012/240.44 miBeverley Road, Rubery3
£1,19512/240.48 miBeverley Road, Rubery3
£1,02012/240.56 mi-3
£1,02012/240.56 miShepley Road, Rednal, Birmingham, B453
£1,20002/250.58 mi-3
£1,15007/240.59 mi-3
£1,20001/250.64 mi-3
£82512/240.64 miBristol Road South, Rubery3
£2,90012/240.65 miMonument Lane, Lickey, Birmingham, West Midlands, B455
£99512/240.76 miBarrington Road, Rednal, Birmingham, B453
£99512/240.76 mi-3
£1,05010/240.78 mi-3
£95012/240.79 miWolverton Road, Rednal, B453
£87512/240.85 miThe Doweries, Rubery3
£90012/240.85 miThe Doweries, Rednal, Birmingham3
£1,00002/250.86 mi-3
£1,20003/250.87 mi-3
£1,30012/240.87 miDowar Road, Rednal, Birmingham, B453
£1,15010/230.97 mi-3
£1,10012/240.97 miFoxland Avenue, Rednal3
£1,10012/240.97 miFoxland Avenue, Rednal, Birmingham, B453
£6,00012/240.97 miTwatling Road, Birmingham, B455
£91501/251 mi-3
£1,27504/251.06 mi-3
£1,50012/241.08 miRubery Lane, Rednal4
£1,40012/241.08 miRubery Lane, Rednal4
£1,35012/241.12 miChadwick Close, Rednal, Birmingham, West Midlands, B45 8NN3
£1,55012/241.13 miHawker Close, Birmingham, West Midlands, B314
£1,45012/241.16 miOakfield Drive, Cofton Hackett, Birmingham, B453
£1,05001/251.23 mi-3

Local Area Statistics

Population in B45

30,271

Population in Birmingham

1,034,821

Town centre distance

7.87 miles away

Nearest school

0.40 miles away

Nearest train station

1.65 miles away

 

 

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+34%

Property History

Listed for £300,000

November 18, 2024

Sold for £229,000

2006

Floor Plans

Description

  • Five Bedrooms +
  • Expansive Lounge & Dining Room +
  • Kitchen +
  • Conservatory +
  • Utility Room +
  • Downstairs WC +
  • Family Bathroom & En-Suite Shower Room +
  • Rear Garden +
  • Driveway for Off Road Parking +
  • Secured Porch +

Introducing this CHAIN FREE, five-bedroom, semi-detached property requiring modernisation, offering excellent potential and featuring two reception rooms, a driveway for off-road parking, a garage, a kitchen, a family bathroom, an en-suite shower room, and a rear garden. Situated in the sought-after area of Rednal, Birmingham, this home provides a fantastic opportunity for renovation and personalisation. The property, in brief, includes: a driveway with off-road parking, a front garden, and a garage; secured porch entry leading to a welcoming reception hall; a spacious lounge featuring a bay window, a fireplace, and double doors opening into the full glass conservatory; a functional kitchen; a dining room with views of the rear garden and sliding patio doors for outdoor access; a utility room with direct access to the garage; a convenient downstairs WC; stairs leading to the first-floor landing; a master bedroom with a storage cupboard; a second double bedroom with an en-suite shower room; a third double bedroom with built-in wardrobes; and two additional bedrooms. Completing this floor is a family bathroom with a shower over the bath, plus a separate WC. Outside, the property features a generously sized rear garden with a spacious patio area, lawn, a storage shed, and gated rear access, all enclosed by secure fencing for added privacy. Situated on Links Drive in Rednal, this property enjoys a prime location close to Rubery High Street, providing easy access to a range of local shops and services. The area is ideal for leisure and outdoor enthusiasts, with the picturesque Lickey Hills Country Park and Lickey Hills Golf Course just minutes away. Families and residents benefit from a wealth of nearby amenities, including quality schools, shopping centers, and entertainment options, with Birmingham Great Park and the thriving Longbridge development offering a variety of dining, retail, and leisure facilities. Rubery’s excellent transport links, including proximity to major motorways, make commuting convenient and efficient. Room Dimensions: Garage - 4.94m x 2.25m (16'2" x 7'4") Reception Hall - 3.64m x 3.33m (11'11" x 10'11") Lounge - 6.49m x 3.61m (21'3" x 11'10") max Conservatory - 3.01m x 2.82m (9'10" x 9'3") max Kitchen - 2.8m x 2.73m (9'2" x 8'11") WC - 1.67m x 0.87m (5'5" x 2'10") Dining Room - 3.2m x 2.39m (10'5" x 7'10") Utility Room - 2.3m x 1.49m (7'6" x 4'10") Stairs To First Floor Landing Master Bedroom - 4.35m x 3.09m (14'3" x 10'1") Bedroom 2 - 5.57m x 3.21m (18'3" x 10'6") max Ensuite - 3.27m x 1.32m (10'8" x 4'3") Bedroom 3 - 3.77m x 2.42m (12'4" x 7'11") Bedroom 4 - 3.08m x 2.09m (10'1" x 6'10") Bedroom 5 - 1.86m x 1.8m (6'1" x 5'10") Bathroom - 1.81m x 1.44m (5'11" x 4'8") WC - 1.75m x 0.96m (5'8" x 3'1")

Agent Details

Arden Estates, Bromsgrove

01527 872479

Next Steps?

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