2 Bed Flat, Single Let, B1 3BS, £225,000

Tenby Street South, Birmingham, B1 3BS - 4 views - 4 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£30K - £500K
Sold Prices/m²£724/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£147,574

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£900 - £3,299

Rent Estimate

£1,050

Running Costs/mo

£933

Cashflow/mo

£117

Cashflow/yr

£1,403

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £30K to £500K, average is £154.3K. £724/m² to £4.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£290K10/220.07 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£202.5K01/230.3 miApartment 8, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£208K05/210.3 miApartment 34, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£180K04/220.3 miApartment 22, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£90K06/210.39 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£100K07/210.39 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£244K03/210.4 mi31d, Northwood Street, Birmingham, West Midlands B3 1TX2
£182K12/220.4 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£125K12/210.43 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.43 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£180K08/210.53 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£153.5K06/210.57 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£235K07/210.7 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£290K09/210.76 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£80K07/220.76 miFlat 42, Martineau Tower, Uxbridge Street, Birmingham, West Midlands B19 3UJ2
£82K05/210.81 mi4, Hunters Vale, Birmingham, West Midlands B19 2XH2
£82K05/210.84 mi4, Hunters Vale, Birmingham, West Midlands B19 2XH2
£105K08/221.01 mi39, Bellefield Road, Birmingham, West Midlands B18 4EL2
£150K02/231.1 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/211.1 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/221.1 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£500K02/211.15 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/211.15 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/201.15 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/221.15 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£144.5K09/211.33 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£255.5K02/211.49 miFlat 5, Westfield Hall, Hagley Road, Birmingham, West Midlands B16 9LG2
£140K07/211.55 mi20, Brewers Square, Birmingham, West Midlands B16 0PN2
£103K02/221.6 mi200, Cape Hill, Smethwick, West Midlands B66 4SJ2
£104K08/221.6 mi212, Cape Hill, Smethwick, West Midlands B66 4SJ2
£101K05/211.6 mi210, Cape Hill, Smethwick, West Midlands B66 4SJ2
£130K10/211.61 miFlat 1, St. Dennis House, Melville Road, Birmingham, West Midlands B16 9NE2
£135K11/201.61 miFlat 10, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£147K08/211.61 miFlat 3, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£143.5K03/211.62 miFlat 7, St Helier House, Melville Road, Birmingham, West Midlands B16 9NG2
£220K08/211.66 miFlat 64, Chadbrook Crest, Richmond Hill Road, Birmingham, West Midlands B15 3RN2
£167K11/201.69 mi12, Stockdale Place, Birmingham, West Midlands B15 3XH2
£162.5K11/211.69 mi33, Stockdale Place, Birmingham, West Midlands B15 3XH2
£155K03/211.69 mi73, Stockdale Place, Birmingham, West Midlands B15 3XH2
£200K03/231.69 mi10, Stockdale Place, Birmingham, West Midlands B15 3XH2
£255K06/211.7 miFlat 56, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2
£277K10/221.7 miFlat 78, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2
£235K12/221.7 mi110, Viceroy Close, Birmingham, West Midlands B5 7UY2
£130K06/211.71 mi55, Alexandra Road, Birmingham, West Midlands B5 7NJ2
£55K03/211.71 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£55K03/211.71 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£65K02/231.75 miFlat 77, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£30K10/201.75 miFlat 73, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£120K11/201.75 miFlat 74, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£160K03/211.76 miFlat 31, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2

Local Rents

50 rents from £900/mo to £3.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.02 miSt Georges, Carver Street, Jewellery Quarter, B12
£1,15004/250.03 mi-2
£1,10012/240.04 miThe Kettleworks, 126 Pope Street, Birmingham, B12
£1,25012/240.04 miDayus House, Tenby Street South, Jewellery Quarter, B12
£2,80012/240.04 mi-2
£1,35002/250.04 mi-2
£1,30003/250.04 mi-2
£1,15012/240.04 miBoxworks, 35 Tenby Street North2
£1,35012/240.04 mi-2
£1,40012/240.04 miKettleworks Penthouse Apartment, Jewellery Quarter, Birmingham City Centre2
£1,20012/240.04 miWexler Lofts, Carver Street, Jewellery Quarter2
£1,30012/240.04 miKettleworks, 126 Pope Street, Birmingham, West Midlands, B12
£1,42512/240.04 miCarver Street, Birmingham, B12
£1,20012/240.04 miCarver House, 30 Carver Street, Birmingham, West Midlands, B12
£1,35012/240.05 miWexler Lofts, Carver Street, Birmingham2
£1,40012/240.05 mi4 Carver Street, 4 Carver Street, Birmingham, B12
£1,22512/240.05 miThe Kettleworks, Pope Street, Jewellery Quarter, B12
£1,25012/240.05 miCamden House, Pope Street, Jewellery Quarter, B12
£1,20012/240.05 miHeaton house2
£1,35012/240.05 miHeaton House2
£1,25012/240.05 miHeaton house2
£1,10012/240.06 miCamden House, Pope Street, Jewellery Quarter, B12
£1,15012/240.06 miThe Kettleworks, Pope Street, Jewellery Quarter, B12
£1,27512/240.06 miThe Kettleworks, Pope Street, Jewellery Quarter, B12
£1,05012/240.07 miThe Kettleworks, Pope Street, Jewellery Quarter, B12
£1,05012/240.07 miSt Georges, Carver Street, Jewellery Quarter, B12
£1,50012/240.07 miTenby Heights, Tenby Street North, Birmingham2
£1,50012/240.07 miTenby Heights, Tenby Street North, Jewellery Quarter, B12
£1,50012/240.07 miTenby Street North, BIRMINGHAM2
£1,20012/240.07 miTenby Street North, BIRMINGHAM2
£1,10012/240.07 miAmazon Lofts, 9 Tenby Street, B1 3AJ2
£1,20012/240.07 miHeaton House Lofts, Camden Street, Jewellery Quarter, B12
£1,15012/240.07 miWarstone Lane, Birmingham, B182
£1,20012/240.08 miAlbion House, Pope Street, Jewellery Quarter, B12
£3,29902/250.08 mi-2
£1,30004/250.08 mi-2
£1,29503/240.08 mi-2
£1,29512/240.08 mi-2
£1,29512/240.08 miJewellery Quarter, Birmingham, B12
£1,29512/240.08 miJewellery Quarter, Birmingham, B12
£1,05012/240.08 miThe Kettleworks, 126 Pope Street, Birmingham, West Midlands, B12
£1,75003/250.08 mi-2
£90012/240.08 miThe Orb, 6 Tenby Street, Birmingham2
£99512/240.08 mi-2
£1,25012/240.08 miThe Kettleworks, Pope Street, Jewellery Quarter2
£1,50003/250.08 mi-2
£1,15012/240.08 mi83-86 Carver Street, Birmingham2
£1,30012/240.08 miAmazon Lofts Penthouse, Jewellery Quarter2
£1,25012/240.08 miSummer House, Pope Street, Jewellery Quarter, B12
£1,20012/240.09 miAlbion House, Pope Street, Jewellery Quarter, B12

Property History

Listed for £225,000

November 27, 2024

Floor Plans

Description

  • LARGER THAN NORMAL TWO BEDROOM APARTMENT +
  • FIRST FLOOR APARTMENT +
  • JEWELLERY QUARTER LOCATION +
  • SPACIOUS & MODERN THROUGHOUT +
  • ALLOCATED PARKING SPACE - SECURE FOB ENTRANCE +
  • OFFERING NO UPWARD CHAIN +
  • IDEAL FIRST TIME BUYER PROPERTY +
  • A GREAT BUY TO LET IN SOUGHT AFTER LOCATION +

SUMMARY
2 BEDROOM APARTMENT WITH PARKING & NO UPWARD CHAIN - MODERN BUILD APARTMENT - GYM ACCESS & CONCIERGE - A first floor apartment in 'Jewellery Quarter'. Apartment is spacious throughout & well presented. Having open plan lounge kitchen, 2 bedrooms, bathroom, hallway, & allocated parking.

DESCRIPTION
*LARGER THAN NORMAL - 797 SQFT!* These immaculately presented apartment block offers this spacious, larger than average apartment for sale in the Dayus House development. This apartment is available with no upward chain, empty from Feb 2025. Finished to a very high specification from Seven Capital the apartment really does need to be viewed to be appreciated. Benefiting from; integrated appliances, fully furnished with allocated parking with secure fob entrance. It is a great opportunity to make this apartment your home.

Property is nestled in the the Jewellery Quarter - an easy 0.5 mile walk to the iconic St Paul's Square, with many popular bars and restaurants offering an alternative experience to Birmingham's typical busy night out. If you're looking for a bite to eat, head over to Red Lion just one minute from the building, a unique art themed pub offering a great selection of food and drinks, whilst their Sunday Roasts are unbeatable in the City!

This apartment offers great transport links, situated just a 1 mile walk to New Street station or 0.3 miles to the Jewellery Quarter train station. You would also be placed only 0.9 miles from Colmore Row and 0.6 miles to University College Birmingham, making the property an excellent choice for both students and working professionals. Along with the added benefit for the HS2 plans.

Property Details  
Allocated parking space with communal entrance accessing all floors via lift. Gym and conceirge on site.

Entrance Hall  
Having an intercom system, storage, laminate flooring and doors off to:

Open Plan Living  21' 6" x 13' 3" ( 6.55m x 4.04m )
Kitchen area comprising of wall and base units, work surfaces over, stainless steel sink and drainer, cooker point with electric oven & hob with extractor fan overhead, integrated washing machine, fridge freezer and dishwasher, laminate flooring, two radiators and two full double glazed windows.

Bedroom One  19' 1" x 9' 6" ( 5.82m x 2.90m )
Having carpet flooring, built in wardrobe, radiator and double glazed window.

Bedroom Two 12' 7" Max x 10' 2" Max ( 3.84m Max x 3.10m Max )
Having carpet flooring, built in wardrobe, radiator and double glazed window.

Bathroom  
Bath with shower overhead and shower screen, wash hand basin, low level w.c, vanity mirror, tiled.

Allocated Parking Space 

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Birmingham City

0121 387 6591

Next Steps?

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