2 Bed Flat, Single Let, Birmingham, B15 2GJ, £195,000





ValuationOvervalued
Sold Prices | £30K - £500K |
Sold Prices/m² | £724/m² - £4.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.9K/m² |
Value Estimate | £149,240 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £48,750 |
Stamp Duty & Legal Fees | £12,350 |
Total Cash In | £61,100 |
| |
Cash Out | |
Rent Range | £950 - £3,575 |
Rent Estimate | £1,100 |
Running Costs/mo | £849 |
Cashflow/mo | £251 |
Cashflow/yr | £3,008 |
ROI | 5% |
Gross Yield | 7% |
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 £3.6K/mo, average is £1.3K/mo.
Local Area Statistics
Population in B15 | 17,552 |
Population in Birmingham | 1,034,821 |
Town centre distance | 1.06 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.39 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +71% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +27% |
Property History
Price changed to £195,000
February 28, 2025
Price changed to £200,000
January 12, 2025
Listed for £205,000
December 11, 2024
Floor Plans

Description
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