2 Bed Semi-Detached House, Motivated Seller, Birmingham, B44 9UA, £175,000

Tresham Road, Birmingham, West Midlands, B44 9UA - 11 views - 4 months ago

Sold STC
Motivated
BTL
~70 m²
+5 photos

ValuationFair Value

Sold Prices£128K - £265K
Sold Prices/m²£1.8K/m² - £4.7K/m²

 

 

Square Metres

~70 m²
Price/m²£2.5K/m²

Value Estimate

£178,334

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,900

Total Cash In

£50,650

 

 

Cash Out

 

Rent Range

£825 - £1,150

Rent Estimate

£766

Running Costs/mo

£720

Cashflow/mo

£46

Cashflow/yr

£551

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £128K to £265K, average is £167.8K. £1.8K/m² to £4.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£157.5K04/210 mi75, Tresham Road, Birmingham, West Midlands B44 9UA2
£150K05/210 mi73, Tresham Road, Birmingham, West Midlands B44 9UA2
£180K01/230 mi111, Tresham Road, Birmingham, West Midlands B44 9UA2
£175K11/210.02 mi68, Tresham Road, Birmingham, West Midlands B44 9UD2
£212K11/220.02 mi24, Tresham Road, Birmingham, West Midlands B44 9UD2
£145K12/200.02 mi74, Tresham Road, Birmingham, West Midlands B44 9UD2
£192K02/230.03 mi59, Lingfield Avenue, Birmingham, West Midlands B44 9TX2
£135K05/210.03 mi35, Lingfield Avenue, Birmingham, West Midlands B44 9TX2
£152K08/230.03 mi75, Lingfield Avenue, Birmingham, West Midlands B44 9TX2
£170K03/210.05 mi40, Lingfield Avenue, Birmingham, West Midlands B44 9TU2
£195K09/230.07 mi52, Corbridge Avenue, Great Barr, Birmingham, West Midlands B44 9UQ2
£175K12/220.1 mi37, Corbridge Avenue, Great Barr, Birmingham, West Midlands B44 9UG2
£165K01/210.11 mi257, Birdbrook Road, Birmingham, West Midlands B44 9TY2
£161K08/210.11 mi196, Atlantic Road, Birmingham, West Midlands B44 8LJ2
£209K05/230.11 mi194, Atlantic Road, Birmingham, West Midlands B44 8LJ2
£174K04/230.12 mi136, Atlantic Road, Birmingham, West Midlands B44 8LH2
£136K10/200.13 mi280, Birdbrook Road, Birmingham, West Midlands B44 9TS2
£128K02/210.13 mi254, Birdbrook Road, Birmingham, West Midlands B44 9TS2
£181K09/210.13 mi246, Birdbrook Road, Birmingham, West Midlands B44 9TS2
£180K03/230.13 mi157, Atlantic Road, Birmingham, West Midlands B44 8LN2
£156K07/210.13 mi119, Atlantic Road, Birmingham, West Midlands B44 8LN2
£162K01/230.17 mi218, Birdbrook Road, Birmingham, West Midlands B44 9TP2
£175K08/230.17 mi208, Birdbrook Road, Birmingham, West Midlands B44 9TP2
£158K10/200.19 mi106, Atlantic Road, Birmingham, West Midlands B44 8LQ2
£165K09/210.19 mi37, Cavandale Avenue, Birmingham, West Midlands B44 9TW2
£153K03/210.19 mi30, Cavandale Avenue, Birmingham, West Midlands B44 9TW2
£205K07/230.19 mi34, Cavandale Avenue, Birmingham, West Midlands B44 9TW2
£138K08/210.25 mi180, Dyas Road, Great Barr, Birmingham, West Midlands B44 8SW2
£164.2K12/200.26 mi155, Birdbrook Road, Birmingham, West Midlands B44 8SA2
£165.5K03/210.28 mi42, Atlantic Road, Birmingham, West Midlands B44 8LG2
£162K11/200.29 mi45, Atlantic Road, Birmingham, West Midlands B44 8LP2
£175K07/230.29 mi11, Atlantic Road, Birmingham, West Midlands B44 8LP2
£145K03/210.3 mi27, Atlantic Road, Birmingham, West Midlands B44 8LP2
£265K10/230.31 mi30, Templeton Road, Birmingham, West Midlands B44 9BT2
£170K02/230.31 mi42, Templeton Road, Birmingham, West Midlands B44 9BT2
£171K05/210.31 mi82, Birkenshaw Road, Birmingham, West Midlands B44 8UJ2
£165K05/230.33 mi36, Felstone Road, Birmingham, West Midlands B44 9AB2
£170K03/210.35 mi46, Southgate Road, Birmingham, West Midlands B44 9AT2
£175K02/230.35 mi128, Old Oscott Lane, Birmingham, West Midlands B44 8TS2
£205K01/230.35 mi98, Old Oscott Lane, Birmingham, West Midlands B44 8TS2
£145K03/210.35 mi72, Old Oscott Lane, Birmingham, West Midlands B44 8TS2
£155K08/210.36 mi52, Harleston Road, Great Barr, Birmingham, West Midlands B44 8RR2
£197K08/230.37 mi19, Rockmead Avenue, Birmingham, West Midlands B44 9DR2
£199K03/230.37 mi9, Rockmead Avenue, Birmingham, West Midlands B44 9DR2
£195K03/230.39 mi267, Dyas Road, Great Barr, Birmingham, West Midlands B44 8SY2
£160K02/210.39 mi207, Dyas Road, Great Barr, Birmingham, West Midlands B44 8SY2
£185K08/230.39 mi247, Dyas Road, Great Barr, Birmingham, West Midlands B44 8SY2
£210K08/230.4 mi88, Birdbrook Road, Birmingham, West Midlands B44 8RD2
£165K02/230.41 mi89, Cranbourne Road, Birmingham, West Midlands B44 0BX2
£151.5K01/210.41 mi42, Regina Avenue, Birmingham, West Midlands B44 8TH2

Local Rents

11 rents from £825/mo to £1.1K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£89502/250.17 mi-2
£89503/250.17 mi-2
£90012/240.17 miBirdbrook Road, BIRMINGHAM2
£82512/240.21 miAtlantic Road, Great Barr, Birmingham, West Midlands2
£99501/250.24 mi-2
£95012/240.29 miAtlantic Road, Kingstanding2
£1,15011/240.36 mi-2
£1,00012/240.36 miElliston Avenue, BIRMINGHAM2
£1,09502/250.39 mi-2
£92512/240.41 miRegina Avenue, Kingstanding2
£1,05003/250.47 mi-2

Local Area Statistics

Population in B44

37,447

Population in Birmingham

1,034,821

Town centre distance

5.69 miles away

Nearest school

0.10 miles away

Nearest train station

1.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+46%

Property History

Price changed to £175,000

January 15, 2025

Price changed to £180,000

December 17, 2024

Listed for £190,000

December 4, 2024

Sold for £104,000

2005

Sold for £44,950

1998

Floor Plans

Description

  • Freehold, Council Tax Band B +
  • Ideal For First Time Buyers / Investors +
  • Two Bedrooms +
  • Prime Location +
  • Close To Local Amenities & Schools +
  • Excellent Road & Transport Links +
  • Enclosed Rear Garden +
  • On-Street Parking +
  • Viewing Highly Advised! +

This property would make an ideal first time buyers or investment opportunity! Located within a prime area in the City of Birmingham the property features a spacious lounge room and two double bedrooms you will also benefit from an enclosed garden to the rear. Call now to book!

This two bedroom terraced home is located in Birmingham
with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation briefly comprises a welcoming entrance way, a spacious living room and a fitted kitchen.

To the first floor is an inviting landing area through to two well-proportioned bedrooms and a three-piece bathroom with a tub-shower combination, a hand wash basin and a WC.

Externally, the property benefits from an enclosed garden to the rear. To the front you will find on-street parking.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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