7 Bed Terraced House, Single Let, Birmingham, B19 1LH, £395,000

Birchfield Road, Birmingham, West Midlands, B19 1LH - 5 views - 5 months ago

BTL

~284 m²

+12 photos

ValuationUndervalued

Sold Prices	£260K - £1.4M
Sold Prices/m²	£1.3K/m² - £3K/m²

Square Metres	~284.20 m²
Price/m²	£1.4K/m²
Value Estimate	£493,750£493,750
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£98,750£98,750
Stamp Duty & Legal Fees	£20,300£20,300
Total Cash In	£119,050£119,050

Cash Out
Rent Range	£498 - £2,000£498 - £2,000
Rent Estimate	£731
Running Costs/mo	£1,401£1,401
Cashflow/mo	£-670£-670
Cashflow/yr	£-8,035£-8,035
Gross Yield	2%2%

Local Sold Prices

7 sold prices from £260K to £1.4M, average is £585K. £1.3K/m² to £3K/m², average is £2.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£735K	12/22	1.22 mi	78, Handsworth Wood Road, Birmingham, West Midlands B20 2DT	£2,214	332	7	Semi-Detached House
£585K	03/23	1.42 mi	41, Somerset Road, Handsworth, Birmingham, West Midlands B20 2JE	£2,970	197	7	Detached House
£443K	06/23	2.37 mi	149, Dyas Avenue, Birmingham, West Midlands B42 1HL	-	-	7	Terraced House
£300K	11/22	2.43 mi	316, Washwood Heath Road, Birmingham, West Midlands B8 2UL	-	-	7	Semi-Detached House
£1.4M	02/21	2.62 mi	39, Frederick Road, Edgbaston, Birmingham, West Midlands B15 1JN	-	-	7	Semi-Detached House
£260K	01/23	2.68 mi	248, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QY	£1,300	200	7	Semi-Detached House
£1.2M	06/21	2.82 mi	10, Charlotte Road, Edgbaston, Birmingham, West Midlands B15 2NQ	£2,731	432	7	Detached House

Local Rents

14 rents from £498/mo to £2K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,350	04/24	0.16 mi	Wilson Road, BIRMINGHAM	4	House
£650	12/24	0.27 mi	-	12	Detached House
£1,500	12/24	0.29 mi	Witton Road, Birmingham	6	Terraced House
£1,250	12/24	0.42 mi	-	3	Terraced House
£1,300	02/25	0.54 mi	-	4	Terraced House
£1,750	02/24	0.55 mi	-	4	Detached House
£2,000	03/25	0.56 mi	-	4	Detached House
£498	12/24	0.57 mi	Bevington Road, Birmingham, B6	4	Terraced House
£1,200	02/24	0.59 mi	-	3	Terraced House
£1,250	12/24	0.6 mi	-	3	Terraced House
£1,150	12/24	0.6 mi	-	3	Terraced House
£975	03/24	0.61 mi	Hockley Close, BIRMINGHAM	3	Terraced House
£1,295	04/25	0.61 mi	-	3	Semi-Detached House
£1,500	12/24	0.62 mi	Robert Road, Birmingham, B20	5	Terraced House

Local Area Statistics

Population in B19	20,15220,152
Population in Birmingham	1,034,8211,034,821
Town centre distance	2.99 miles away2.99 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.71 miles away0.71 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+47%+47%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+43%+43%

Property History

Listed for £395,000

November 19, 2024

Floor Plans

Description

Mid-terrace house +
Three reception rooms +
Seven bedrooms +
Four bathrooms +
Excellent location +
Close to amenities +

Dixons are pleased to offer to the market this 7/9 bedroom mid terrace property on Birchfield Road in B19. Located less that 1 mile away from both Perry Barr and Witton train station as well as being within easy reach of Birmingham City Centre.

The ground level comprises of entrance hall, two reception rooms, dining room, breakfast kitchen, and downstairs shower room.

The first floor has four bedroom and a bathroom.

The second floor has a further three bedrooms and a bathroom.

There is also a basement level which consisits of two further rooms, a kitchenette and a bathroom.

Agent Details

Dixons, Birmingham City Centre

0121 387 6499

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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