3 Bed Terraced House, Refurb/BRRR, Birmingham, B14 5RJ, £155,000

Dial Close, BIRMINGHAM, West Midlands, B14 5RJ - 26 views - 5 months ago

Sold STC
Cash
Refurb/BRRR
ROI: 3%
~93 m²
+8 photos

ValuationFair Value

Sold Prices£125K - £310K
Sold Prices/m²£1.4K/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£156,550

 

 

End Value (After Refurb)

£223,524

Uplift in Value

+44%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Refurb Costs

£36,800

Bridging Loan Interest

£4,069

Total Cash In

£87,219

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£223,524

Agent Fees (1%)

£2,235

Bridging Loan

£116,250

Bridging Loan Interest

£4,069

Flip Profit

£17,820

Local Sold Prices

50 sold prices from £125K to £310K, average is £210K. £1.4K/m² to £3.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£175K06/230.2 mi110, Baverstock Road, Birmingham, West Midlands B14 5NT3
£135K11/200.21 mi19, Eagle Croft, Birmingham, West Midlands B14 5PA3
£193K01/230.24 mi43, Pennyacre Road, Birmingham, West Midlands B14 5UY3
£143K07/210.25 mi17, Saxelby Close, Birmingham, West Midlands B14 5NX3
£130K01/210.29 mi12, Bicknell Croft, Birmingham, West Midlands B14 5LY3
£195K02/210.3 mi50, Druids Lane, Birmingham, West Midlands B14 5SN3
£197K11/200.35 mi1012, Alcester Road South, Birmingham, West Midlands B14 5NG3
£180K01/230.35 mi25, Larkhill Walk, Birmingham, West Midlands B14 5PR3
£160K04/230.38 mi29, Tilshead Close, Birmingham, West Midlands B14 5LT3
£270K04/210.41 mi56, Trostrey Road, Birmingham, West Midlands B30 3NE3
£230K04/210.41 mi29, Trostrey Road, Birmingham, West Midlands B30 3NE3
£142K02/230.43 mi23, Winterbourne Croft, Birmingham, West Midlands B14 5PT3
£271.5K10/230.43 mi14, Southern Drive, Kings Norton, Birmingham, West Midlands B30 3PF3
£200K06/230.45 mi8, Nafford Grove, Yardley Wood, Birmingham, West Midlands B14 5HR3
£230K04/220.46 mi31, Myrtle Avenue, Kings Heath, Birmingham, West Midlands B14 5DU3
£180K02/210.47 mi42, Stotfold Road, Kings Heath, Birmingham, West Midlands B14 5JB3
£290K06/220.47 mi56a, Stotfold Road, Kings Heath, Birmingham, West Midlands B14 5JB3
£300K05/220.47 mi27, Myrtle Avenue, Kings Heath, Birmingham, West Midlands B14 5DU3
£135K10/210.49 mi71, Kemsley Road, Birmingham, West Midlands B14 5DN3
£200K02/210.49 mi63, Kemsley Road, Birmingham, West Midlands B14 5DN3
£187K03/210.49 mi53, Kemsley Road, Birmingham, West Midlands B14 5DN3
£258K03/230.49 mi62, Hawkhurst Road, Birmingham, West Midlands B14 5HT3
£239.9K03/210.49 mi75, Hawkhurst Road, Birmingham, West Midlands B14 5HT3
£168.5K10/200.49 mi60, Hawkhurst Road, Birmingham, West Midlands B14 5HT3
£195K11/200.49 mi64, Marsham Road, Birmingham, West Midlands B14 5HE3
£220K02/210.49 mi88, Marsham Road, Birmingham, West Midlands B14 5HE3
£190K05/210.49 mi39, Marsham Road, Birmingham, West Midlands B14 5HE3
£130K11/210.5 mi28, Pegleg Walk, Birmingham, West Midlands B14 5PX3
£310K09/220.5 mi61, Stotfold Road, Kings Heath, Birmingham, West Midlands B14 5JD3
£235K11/210.5 mi8, Nuthurst Grove, Birmingham, West Midlands B14 5DR3
£255K09/210.51 mi1065, Alcester Road South, Birmingham, West Midlands B14 5TP3
£200K11/200.51 mi1093, Alcester Road South, Birmingham, West Midlands B14 5TP3
£241K06/230.51 mi1103, Alcester Road South, Birmingham, West Midlands B14 5TP3
£249.5K11/220.52 mi4, Edstone Close, Birmingham, West Midlands B30 3ND3
£210K06/210.52 mi18, Marsham Road, Birmingham, West Midlands B14 5HD3
£215K02/210.53 mi78, Brandwood Crescent, Kings Norton, Birmingham, West Midlands B30 3PZ3
£289.9K02/230.55 mi7, Edward Road, Maypole, Birmingham, West Midlands B14 5UA3
£264K06/210.55 mi19, Edward Road, Maypole, Birmingham, West Midlands B14 5UA3
£235K03/210.55 mi75, Henlow Road, Birmingham, West Midlands B14 5DX3
£125K06/210.56 mi27, Oatlands Walk, Birmingham, West Midlands B14 5QD3
£160K06/210.56 mi11, Rowcroft Covert, Birmingham, West Midlands B14 5YE3
£193K04/210.57 mi20, Sladepool Farm Road, Birmingham, West Midlands B14 5DJ3
£210K06/230.58 mi81, Marsham Road, Birmingham, West Midlands B14 5HF3
£214.5K11/200.58 mi65, Marsham Road, Birmingham, West Midlands B14 5HF3
£275K10/210.58 mi55, Arundel Road, Birmingham, West Midlands B14 5UD3
£269K12/210.58 mi103, Arundel Road, Birmingham, West Midlands B14 5UD3
£248K10/210.58 mi85, Arundel Road, Birmingham, West Midlands B14 5UD3
£200K01/210.58 mi57, Arundel Road, Birmingham, West Midlands B14 5UD3
£253.5K02/230.59 mi96, Brandwood Crescent, Kings Norton, Birmingham, West Midlands B30 3PZ3
£210K07/210.59 mi62, Arundel Road, Birmingham, West Midlands B14 5UD3

Local Rents

10 rents from £950/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.17 miOrcheston Walk, Birmingham3
£95012/240.17 miOrcheston Walk, B143
£1,38512/240.4 miKingswood Close, Birmingham3
£1,28012/240.48 miMyrtle Avenue, Birmingham, B143
£1,19503/250.48 mi-3
£1,10003/250.54 mi-3
£1,39508/240.58 mi-3
£1,45003/250.58 mi-3
£1,40012/230.59 mi-3
£1,10010/230.62 mi-3

Local Area Statistics

Population in B14

42,696

Population in Birmingham

1,034,821

Town centre distance

4.17 miles away

Nearest school

0.20 miles away

Nearest train station

1.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £155,000

November 29, 2024

Description

INVESTMENT OPPORTUNITY: 3-Bedroom House in Kings Norton - CASH BUYERS ONLY

This is a fantastic opportunity for investors and cash buyers looking to add value to a property in the sought-after area of Kings Norton. The property offers great potential to renovate and enhance, providing a solid return on investment.

Property Features:

3 Spacious Bedrooms – A well-proportioned family home with generous bedrooms.
Lounge & Dining Kitchen – Large living spaces, perfect for modernisation and reconfiguration.
Upstairs Bathroom & Separate WC – An ideal layout with separate toilet for added convenience.
Private Garden – A good-sized rear garden, offering scope for landscaping or expansion.
This home is in need of some refurbishment but offers huge potential to improve and increase its value. With excellent transport links, local amenities, and strong demand in the Kings Norton area, this is an opportunity not to be missed.

Cash buyers and investors are encouraged to act quickly to secure this property and capitalise on the potential it offers. CASH BUYERS ONLY

Agent Details

Dixons, Kings Norton

0121 387 6276

Next Steps?

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