2 Bed Flat, Single Let, B1 2JR £249,995

Bridge Street, Birmingham, B1, B1 2JR - 6 views - a year ago
BTL
ROI: 1%
~68 m²
Property image

ValuationOvervalued

Sold Prices£90K - £310K
Sold Prices/m²£1.7K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£186,697

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,499

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,199

 

 

Cash Out

 

Rent Range

£900 - £3,000

Rent Estimate

£1,100

Running Costs/mo

£1,021

Cashflow/mo

£79

Cashflow/yr

£945

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £90K to £310K, average is £197.5K. £1.7K/m² to £4.4K/m², average is £2.9K/m².

Price
Date
Distance
Address
Beds
 
£277K10/240.04 miWashington Wharf, 20, Granville Street, Birmingham B1 1NN2
£292.1K12/240.04 miWashington Wharf, 26, Granville Street, Birmingham B1 1NN2
£290K09/210.06 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£215K01/250.06 miThe Mailbox, 59 Royal Arch Apartments, Wharfside Street, Birmingham, West Midlands B1 1RB2
£215K01/250.07 mi59, Royal Arch Apartments, Wharfside Street, Birmingham B1 1RB2
£185K11/240.07 miWashington Wharf, 10, Granville Street, Birmingham B1 1NN2
£138K03/250.08 mi212, Upper Marshall Street, Birmingham, West Midlands B1 1LP2
£235K07/210.09 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£280K12/240.11 miCentenary Plaza, 291, Holliday Street, Birmingham B1 1TS2
£195K02/250.11 mi53, Centenary Plaza, Holliday Street, Birmingham B1 1TB2
£175K03/250.16 miApartment 69, 165 Skyline, Granville Street, Birmingham B1 1JW2
£175K03/250.16 miApartment 69, 165 Skyline, Granville Street, Birmingham B1 1JW2
£160K08/250.16 miApartment 88, 165 Skyline, Granville Street, Birmingham B1 1JX2
£220K08/250.16 miApartment 22, 80 Scholars Gate, Severn Street, Birmingham B1 1QG2
£185K12/240.17 mi165 Skyline, Apartment 25, Granville Street, Birmingham B1 1JW2
£294K10/240.21 mi12, Apartment 502, Communication Row, Birmingham B15 1DY2
£310K10/240.22 mi21, Apartment 306, William Street, Birmingham B15 1DR2
£288K05/250.22 miApartment 28, 98, Tennant Street, Birmingham B15 1BS2
£288K05/250.22 miApartment 28, 98, Tennant Street, Birmingham B15 1BS2
£168K11/240.23 mi22 Westside One, Apartment 32, Suffolk Street Queensway, Birmingham B1 1LS2
£200K05/250.25 miApartment 471, 90 Orion Building, Navigation Street, Birmingham B5 4AJ2
£200K05/250.25 miApartment 471, 90 Orion Building, Navigation Street, Birmingham B5 4AJ2
£230K11/240.28 mi38 Queens College Chambers, Apartment 57, Paradise Street, Birmingham B1 2AF2
£235K03/250.28 miApartment 73, 38 Queens College Chambers, Paradise Street, Birmingham B1 2AF2
£235K03/250.28 miApartment 73, 38 Queens College Chambers, Paradise Street, Birmingham B1 2AF2
£205K04/250.29 miApartment 23, 69, Irving Street, Birmingham B1 1DH2
£205K04/250.29 miApartment 23, 69, Irving Street, Birmingham B1 1DH2
£185K05/250.29 miApartment 1, 48, Mason Way, Birmingham B15 2EE2
£185K05/250.29 miApartment 1, 48, Mason Way, Birmingham B15 2EE2
£195K10/240.29 mi10 Beetham Tower, 2804, Holloway Circus Queensway, Birmingham B1 1BY2
£240K04/250.34 miApartment 34, 61, Mason Way, Birmingham B15 2GE2
£240K04/250.34 miApartment 34, 61, Mason Way, Birmingham B15 2GE2
£182K12/220.36 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£285.9K01/250.37 miApartment 41, 33, Essex Street, Birmingham B5 4BX2
£294K02/250.37 miApartment 84, 33, Essex Street, Birmingham B5 4BY2
£100K07/210.37 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£90K06/210.38 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£150K08/240.42 miSouthside, Apartment 356, St Johns Walk, Birmingham, West Midlands B5 4TN2
£150K02/230.42 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/220.42 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£139K06/240.43 miSouthside, Apartment 390, St John's Walk, Birmingham B5 4TN2
£150K08/240.43 miApartment 356, Southside, St John's Walk, Birmingham B5 4TN2
£152K10/240.43 miApartment 34, Southside, St John's Walk, Birmingham B5 4TF2
£152K10/240.43 miApartment 34, Southside, St John's Walk, Birmingham B5 4TF2
£215K05/240.43 miSouthside, Apartment 306, St John's Walk, Birmingham B5 4TL2
£195K09/240.43 miSouthside, Apartment 374, St John's Walk, Birmingham B5 4TN2
£152K10/240.43 miSouthside, Apartment 34, St John's Walk, Birmingham B5 4TF2
£163K11/240.43 mi58, The Arcadian, Hurst Street, Birmingham B5 4TD2
£163K11/240.43 miThe Arcadian, 58, Hurst Street, Birmingham B5 4TD2
£240K02/250.44 mi124, Delius House, Symphony Court, Birmingham B16 8AG2

Local Rents

50 rents from £900/mo to £3K/mo, average is £1.3K/mo.

Rent
Date
Distance
Address
Beds
 
£1,30003/250 miHolliday Street, Birmingham, B12
£1,12507/250 miKings Court, Bridge Street2
£1,10008/250 miKings Court, Bridge Street2
£1,20006/250 miCentenary Plaza, Holliday Street, Birmingham, B12
£2,25005/250.02 miDuplex Penthouse- Waterfront Walk, Birmingham2
£1,55009/250.02 mi-2
£1,50010/250.02 mi-2
£1,10007/250.02 mi12 Waterfront Walk,Birmingham,B1 1SN2
£1,40010/250.02 miCanal Wharf, Birmingham2
£1,10007/250.03 miCanal Wharf2
£1,10007/250.03 miCanal Wharf2
£1,10008/250.03 miCanal Wharf2
£1,20010/250.03 miKings Court, Bridge Street, B1 2JR2
£1,25012/240.03 miCanal Wharf2
£1,25008/250.03 miCanal Wharf, B1 1SR2
£1,25008/250.03 miCanal Wharf, Waterfront Walk, B12
£90008/250.03 miCanal Wharf2
£1,20010/250.03 miCanal Wharf, 14 Waterfront Walk, Birmingham B12
£1,70010/250.03 miCanal Wharf, Waterfront Walk, Birmingham2
£1,50012/240.04 miCanal Wharf, 16 Waterfront Walk, B1 1SW2
£1,39510/250.04 mi-2
£1,80003/250.04 mi-2
£1,80008/250.04 mi-2
£1,60011/250.04 miThe Cube, Wharfside Street, Birmingham, B12
£1,80012/240.04 miThe Cube, Wharfside Street, Birmingham2
£1,30005/250.04 miBirmingham, B1 1PR2
£1,35007/250.04 miThe Cube West, Wharfside Street, Birmingham2
£1,47510/250.04 miThe Cube2
£1,25009/250.04 miCanal Wharf, Waterfront Walk, B1 1SL2
£1,25010/250.04 miCanal Wharf Apartments2
£1,65003/240.04 mi-2
£1,60012/240.04 miThe Cube West, Birmingham, B12
£1,25009/250.05 miCanal Wharf, Waterfront Walk, B1 1SL2
£1,15012/240.05 miCanal Wharf, 18 Waterfront Walk, Birmingham, B12
£1,10012/240.05 mi-2
£1,20009/250.05 miCanal Wharf, 16 Waterfront Walk, B1 1SR2
£1,25007/250.05 miCanal Wharf, Waterfront Walk, B1 1SY2
£1,25006/250.05 miCanal Wharf, Waterfront Walk, B1 1SY2
£1,25012/240.05 miCanal Wharf, Waterfront Walk, B1 1SY2
£1,25010/250.05 miBridge Street, Birmingham2
£1,25011/250.05 miBridge Street, Birmingham2
£1,30008/250.05 miCanal Wharf2
£1,05009/250.05 miWaterfront Walk, Birmingham, B1 12
£2,50006/250.06 miHolliday Street, Birmingham2
£2,75010/250.06 miHolliday Street, Birmingham2
£3,00010/250.06 miHolliday Street, Birmingham2
£1,20009/250.06 miPostbox, Upper Marshall Street, B1 1LJ2
£1,10012/240.06 miPostbox Apartments, Upper Marshall Street, Birmingham, B12
£1,20009/250.06 miApartment 73, The Post Box, Upper Marshall Street, Birmingham, West Midlands, B1 1LA2
£1,20011/250.06 miPostbox, 117 Upper Marshall St, Birmingham, B12

Local Area Statistics

Population in Birmingham

1,034,821

Nearest school

0.20 miles away

Nearest train station

0.38 miles away

 

 

Rental growth (12m)

-10%

Property History

Listed for £249,995

November 25, 2024

Floor Plans

Property image

Description

  • Fully Refurbished throughout +
  • Two bedrooms +
  • Secure Allocated Parking +
  • City centre location +
  • On site visitor parking +
  • Good transport links +

A beautifully appointed two bedroom apartment situated in the ever popular Kings Court development, located in the heart of the city centre.
This superb property has been fully refurbished throughout to an exceptional standard and is offered with secure, allocated parking and no upward chain. Viewing is essential to appreciate the quality of the accommodation on offer.

DESCRIPTION
Having been fully refurbished throughout, the owner completely stripped the apartment back to brick, reconfiguring the rooms and fitting all new plumbing, a new hot water cylinder and completely rewiring the property. In addition to the above this spectacular property is underfloor heated throughout, there are dimmable Harrington Heath light switches that can be controlled via an app easily downloaded to your smartphone, plus Elesi black sockets to match the Lusso stone Fluted door handles and hinges throughout. To the remainder of the property is Pembroke white tiles to compliment the clean finish of this stunning two bedroom apartment.

LIVING/KITCHEN & DINING 24'10"x15'6" (7.57mx4.72m)
The brand new DayRooms kitchen is finished with 20mm Colorado Rio Quartz worktops with matching two toned wall and base units offering great storage. Fitted with a range of high specification integrated appliances including eyelevel Neff oven and grill with Neff dishwasher. There is a CDA induction hob with integrated CDA extractor, accompanied by a Hotpoint Fridge/Freezer. Adjacent to the kitchen is a useful storage cupboard housing the new hot water cylinder with space for a washer/dryer. Moving through to the lounge section of the room, there is a wall mounted LG OLED 65" G26 television and a GX Galaxy sound bar installed ready for the next purchaser if required

BEDROOM ONE 15'9"x8'8" (4.8mx2.64m)
The master bedroom is a lovely spacious room, beautifully appointed with beige wood style porcelain tiles and has a double glazed window overlooking the rear aspect of the building.

BATHROOM
The bathroom is fitted with two Lusso stone Alina Charcoal cylinder freestanding stone wash hand basins with stone black wall mounted basin mixer taps and Lusso plumbing fixtures. There is a freestanding bath with mixer taps over, along with a separate walk in shower and built in floating w/c.

BEDROOM TWO 12'10"x5'10" (3.9mx1.78m)
Similar to bedroom one, the second bedroom is also fitted with matching beige wood style porcelain tiles and has a double glazed window overlooking the rear aspect of the development.

Agent Details

Maguire Jackson, Birmingham

0121 387 6401

Next Steps?

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