2 Bed Flat, Single Let, Birmingham, B9 4PQ, £150,000

Keer Court, Birmingham, B9 4PQ - 4 months ago

Leasehold
BTL
ROI: 8%
~58 m²
+2 photos

ValuationOvervalued

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

 

 

Square Metres

~57.80 m²
Price/m²£2.6K/m²

Value Estimate

£102,949

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Total Cash In

£46,700

 

 

Cash Out

 

Rent Range

£855 - £1,800

Rent Estimate

£1,000

Running Costs/mo

£689

Cashflow/mo

£311

Cashflow/yr

£3,735

ROI

8%

Gross Yield

8%

Local Sold Prices

47 sold prices from £30K to £500K, average is £130K. £724/m² to £4.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£144K03/210 mi42, Keer Court, Bordesley, Birmingham, West Midlands B9 4PQ2
£155K04/230 mi27, Keer Court, Bordesley, Birmingham, West Midlands B9 4PQ2
£130K09/220.05 mi38, Keer Court, Bordesley, Birmingham, West Midlands B9 4PQ2
£120K07/220.09 mi22, Hoff Beck Court, Birmingham, West Midlands B9 4PG2
£120K06/230.1 miFlat 19, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£100K05/210.1 miFlat 15, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£125K12/210.1 miFlat 29, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£131K03/230.1 miFlat 31, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£110K05/220.1 miFlat 21, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£60K12/210.99 mi98a, Rupert Street, Nechells, Birmingham, West Midlands B7 5DS2
£60K02/220.99 mi98, Rupert Street, Nechells, Birmingham, West Midlands B7 5DS2
£90K03/211.05 mi48, Minster Drive, Birmingham, West Midlands B10 0LD2
£95K11/221.05 mi52, Minster Drive, Birmingham, West Midlands B10 0LD2
£150K02/231.19 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/211.19 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/221.19 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£55K03/211.37 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£55K03/211.37 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£130K06/211.48 mi55, Alexandra Road, Birmingham, West Midlands B5 7NJ2
£290K09/211.48 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£120.2K06/221.52 mi25, Royston Croft, Birmingham, West Midlands B12 9DX2
£244K03/211.54 mi31d, Northwood Street, Birmingham, West Midlands B3 1TX2
£80K07/221.56 miFlat 42, Martineau Tower, Uxbridge Street, Birmingham, West Midlands B19 3UJ2
£72.8K01/211.6 mi324b, Golden Hillock Road, Sparkbrook, Birmingham, West Midlands B11 2QG2
£72.8K01/211.6 mi324b, Golden Hillock Road, Sparkbrook, Birmingham, West Midlands B11 2QG2
£235K07/211.62 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£90K06/211.63 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£100K07/211.67 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£182K12/221.7 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£202.5K01/231.74 miApartment 8, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£208K05/211.77 miApartment 34, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£180K04/221.77 miApartment 22, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£290K10/221.82 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£65K02/231.91 miFlat 77, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£30K10/201.91 miFlat 73, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£120K11/201.91 miFlat 74, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£143K09/211.94 mi47, Wardend Road, Birmingham, West Midlands B8 2QX2
£500K02/211.94 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/211.94 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/201.94 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/221.94 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£90K05/211.95 mi4, Alveston Grove, Birmingham, West Midlands B9 5JP2
£96K05/231.97 mi7b, Whichford Grove, Birmingham, West Midlands B9 5JX2
£220K03/211.97 mi172, Stoney Lane, Balsall Heath, Birmingham, West Midlands B12 8AN2
£95.5K12/201.99 mi77, Berkeley Road, Yardley, Birmingham, West Midlands B25 8NW2
£144.5K09/212 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£235K12/222 mi110, Viceroy Close, Birmingham, West Midlands B5 7UY2

Local Rents

13 rents from £855/mo to £1.8K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£90012/240 miKeer Court, Birmingham2
£90012/240 miKeer Court, Birmingham2
£1,05012/240.13 miWolseley Street, Bordesley, BIRMINGHAM2
£1,05003/240.38 mi-2
£1,80004/250.4 mi-2
£89503/250.4 mi-2
£95004/250.41 mi-2
£85512/240.41 mi-2
£1,04010/230.48 miHeneage Place, Birmingham - student property2
£89502/240.6 mi-2
£89503/250.6 mi-2
£89503/240.6 mi-2
£89512/240.6 miCoventry Road, Digbeth, Birmingham, B102

Local Area Statistics

Population in B9

24,915

Population in Birmingham

1,034,821

Town centre distance

1.17 miles away

Nearest school

0.30 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £150,000

December 9, 2024

Floor Plans

Description

  • Very close to the City Centre +
  • Spacious two-bedroom apartment +
  • Allocated Parking Space +
  • Ideal investment or First time buy +
  • Juliet doors with safety guard +
  • No Chain +
  • Service charge £792.00pa +
  • Ground rent £100.00pa +

A two-bedroom apartment located just outside the city centre. A fantastic student or professional hub, investment or first-time purchase! Property is very spacious and could achieve a potential monthly income of around £1000.00. The sale comes chain free.

Keer Court is a modern block of flats situated a stones throw away from the City Centre. Similar offerings in such a central location are rare to come by, offering no end of convenience.

Our apartment briefly comprises; an entrance hallway leading to separate living accommodation, two double bedrooms and family bathroom.

No Chain.

Agent Details

Cloud9 Estates Ltd, Coventry

024 7542 9807

Next Steps?

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