2 Bed Flat, Single Let, Birmingham, B15 2DR, £258,000
Washington Apartments, Lexington Gardens, Birmingham, B15 2DR - 2 views - 5 months ago
Leasehold
BTL
ROI: 1%
~67 m²





+6 photos
ValuationOvervalued
Sold Prices | £30K - £500K |
Sold Prices/m² | £724/m² - £4.5K/m² |
| |
Square Metres | ~67 m² |
Price/m² | £3.9K/m² |
Value Estimate | £146,861 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £64,500 |
Stamp Duty & Legal Fees | £9,340 |
Total Cash In | £73,840 |
| |
Cash Out | |
Rent Range | £950 - £2,400 |
Rent Estimate | £1,100 |
Running Costs/mo | £1,046 |
Cashflow/mo | £54 |
Cashflow/yr | £645 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
28 sold prices from £30K to £500K, average is £144.3K. £724/m² to £4.5K/m², average is £2K/m².
Local Rents
50 rents from £950/mo to £2.4K/mo, average is £1.3K/mo.
Local Area Statistics
Population in B15 | 17,552 |
Population in Birmingham | 1,034,821 |
Town centre distance | 1.01 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.43 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +71% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +27% |
Property History
Listed for £258,000
November 29, 2024
Floor Plans

Description
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