2 Bed Terraced House, Single Let, Birmingham, B15 2GE, £385,000

Mason Way, Birmingham, B15 2GE - 3 views - 4 months ago

Leasehold
BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£112.5K - £525K
Sold Prices/m²£1.1K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.7K/m²

Value Estimate

£192,350

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£19,500

Total Cash In

£115,750

 

 

Cash Out

 

Rent Range

£1,000 - £2,750

Rent Estimate

£1,000

Running Costs/mo

£1,423

Cashflow/mo

£-423

Cashflow/yr

£-5,077

Gross Yield

3%

Local Sold Prices

50 sold prices from £112.5K to £525K, average is £200K. £1.1K/m² to £4.5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£192.5K05/220.23 mi56, Roseland Way, Birmingham, West Midlands B15 1HD2
£310K12/220.28 mi3, St Catherines Close, Birmingham, West Midlands B15 2FE2
£245K12/210.28 mi36, St Catherines Close, Birmingham, West Midlands B15 2FE2
£305K09/210.3 mi68a, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BW2
£305K09/210.33 mi68a, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BW2
£370K01/220.33 mi69, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BW2
£165K06/210.72 mi7, Berrington Walk, Birmingham, West Midlands B5 7BX2
£165K06/220.72 mi7, Berrington Walk, Birmingham, West Midlands B5 7BX2
£195K02/220.81 mi9, Hay Park, Birmingham, West Midlands B5 7LT2
£205K04/220.82 mi50, Princess Road, Birmingham, West Midlands B5 7PU2
£130K06/210.82 mi55, Alexandra Road, Birmingham, West Midlands B5 7NJ2
£260K08/220.83 mi9, Aboyne Close, Edgbaston, Birmingham, West Midlands B5 7PQ2
£120K04/230.88 mi38, St Marks Crescent, Birmingham, West Midlands B1 2PX2
£220K11/200.93 mi2, Bordesley Street, Birmingham, West Midlands B5 5PG2
£170K08/221.01 mi31, Alpha Close, Birmingham, West Midlands B12 9HF2
£182.5K02/231.02 mi10, Clark Street, Birmingham, West Midlands B16 9ES2
£235K02/231.03 mi6, Wyndham Road, Birmingham, West Midlands B16 9RJ2
£225K04/231.03 mi22, Wyndham Road, Birmingham, West Midlands B16 9RJ2
£235K01/231.03 mi16, Wyndham Road, Birmingham, West Midlands B16 9RJ2
£146.3K09/211.07 mi42, Osler Street, Birmingham, West Midlands B16 9EU2
£165K02/211.11 mi18, Mary Street, Balsall Heath, Birmingham, West Midlands B12 9ST2
£190K06/221.13 mi43, Balfour Street, Birmingham, West Midlands B12 9SY2
£155K06/221.13 mi31, Gosford Street, Balsall Heath, Birmingham, West Midlands B12 9ER2
£210K06/221.21 mi77, Jakeman Road, Birmingham, West Midlands B12 9NU2
£232K06/211.22 mi20, Vernon Court, Edgbaston, Birmingham, West Midlands B16 9SN2
£215K10/201.26 mi2, East Drive, Birmingham, West Midlands B5 7RX2
£215K10/201.26 mi2, East Drive, Birmingham, West Midlands B5 7RX2
£225K08/221.26 mi2, East Drive, Birmingham, West Midlands B5 7RX2
£255K06/231.26 mi40, East Drive, Birmingham, West Midlands B5 7RX2
£112.5K11/221.33 mi135, Kyrwicks Lane, Sparkbrook, Birmingham, West Midlands B11 1SS2
£146K09/211.33 mi2, Summerfield Crescent, Birmingham, West Midlands B16 0EL2
£138K12/201.4 mi12, Emily Gardens, Birmingham, West Midlands B16 0ED2
£152.5K01/211.5 mi81, Brookfield Road, Hockley, Birmingham, West Midlands B18 7JA2
£152.5K01/211.5 mi81, Brookfield Road, Hockley, Birmingham, West Midlands B18 7JA2
£205K10/221.57 mi44, Whitmore Street, Birmingham, West Midlands B18 5BP2
£145K01/231.57 mi37, Whitmore Street, Birmingham, West Midlands B18 5BP2
£525K06/211.59 mi3, Moorland Road, Birmingham, West Midlands B16 9JP2
£290K12/211.61 mi17, Nursery Road, Edgbaston, Birmingham, West Midlands B15 3JX2
£400K04/221.62 mi27, Nursery Road, Edgbaston, Birmingham, West Midlands B15 3JX2
£345K04/221.62 mi15, Nursery Road, Edgbaston, Birmingham, West Midlands B15 3JX2
£288.5K05/211.63 mi32, Riverside Drive, Selly Park, Birmingham, West Midlands B29 7ES2
£142.5K05/221.65 mi73a, Carlisle Street, Birmingham, West Midlands B18 7EW2
£141K03/221.65 mi28, Cuthbert Road, Birmingham, West Midlands B18 4AG2
£160K12/201.67 mi100, St Pauls Road, Sparkhill, Birmingham, West Midlands B12 8LS2
£120K09/221.67 mi1, Stockdale Place, Birmingham, West Midlands B15 3XH2
£175K03/221.68 mi23, Stockdale Place, Birmingham, West Midlands B15 3XH2
£273K06/211.69 mi15, North Road, Harborne, Birmingham, West Midlands B17 9PA2
£250K06/211.7 mi22, Gordon Road, Harborne, Birmingham, West Midlands B17 9HB2
£175K10/201.71 mi53, Herbert Road, Small Heath, Birmingham, West Midlands B10 0QT2
£140K05/211.71 mi51, Herbert Road, Small Heath, Birmingham, West Midlands B10 0QT2

Local Rents

50 rents from £1K/mo to £2.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.01 mi26 Longleat Ave, 26 Longleat Ave, Birmingham, B152
£1,50001/250.01 mi-2
£1,10002/240.03 mi-2
£1,27502/240.03 mi-2
£1,05012/240.03 mi-2
£1,20002/250.03 mi-2
£1,25001/250.03 mi-2
£2,16702/240.03 mi-2
£1,25012/240.04 miLongleat Avenue, Birmingham, B15 2DF2
£1,30012/240.04 mi29 Longleat Avenue, Park Central, B152
£1,30012/240.04 mi29 Longleat Avenue, Park Central, B152
£1,15012/240.04 miBath Row, Birmingham2
£1,20012/240.04 miWheeleys Lane, Birmingham2
£1,10012/240.05 miApartment 27, 18 Wheeleys Lane, Birmingham, West Midlands2
£1,19003/240.05 mi-2
£1,19012/240.05 miWheeleys Lane, Birmingham, B152
£1,20012/240.06 miBradshaw Close, Birmingham, B152
£1,00012/240.07 miWheeleys Lane, Park Central, B152
£1,20012/240.07 mi26 Wheeleys Lane, Birmingham, B152
£1,20012/240.07 mi26 Wheeleys Lane, Birmingham, B152
£1,05012/240.07 miMasons Way, Birmingham, B152
£1,25012/240.07 mi-2
£1,60002/250.07 mi-2
£1,22512/240.09 miGranville Street, BIRMINGHAM2
£2,75002/240.09 mi-2
£1,30001/240.09 mi-2
£1,40002/240.09 mi-2
£2,50002/240.09 mi-2
£1,20012/240.09 miAlfred Knight Way, Birmingham City Centre2
£1,35003/240.09 mi-2
£1,35012/240.09 miAlfred Knight Way, Birmingham, B152
£2,49912/240.09 mi-2
£2,49901/250.09 mi-2
£1,59512/240.09 mi-2
£1,15004/250.09 mi-2
£1,22512/240.1 miSkyline, Granville Street, Birmingham, B12
£2,37502/250.1 mi-2
£2,15003/250.1 mi-2
£1,07512/240.1 miPark Central,Birmingham,B15 2BG2
£1,25003/250.1 mi-2
£1,27504/250.1 mi-2
£1,25012/240.11 miPark Central2
£1,50012/240.11 miBirmingham, Birmingham, B152
£1,50003/240.11 mi-2
£1,40001/250.11 mi-2
£1,30012/240.11 miGranville Street, BIRMINGHAM2
£1,00012/240.11 miFaraday House, Bell Barn Road, Birmingham, B152
£2,10004/250.11 mi-2
£1,09904/250.11 mi-2
£1,09904/250.11 mi-2

Local Area Statistics

Population in B15

17,552

Population in Birmingham

1,034,821

Town centre distance

1.33 miles away

Nearest school

0.10 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+71%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £385,000

December 20, 2024

Description

  • Penthouse Apartment +
  • Two-bedrooms +
  • En-suite to the master +
  • Roof Terrace +
  • Far reaching views +
  • Tandem parking spaces +
  • Gated secure parking +
  • Lift +

A fantastic opportunity to purchase a luxury, beautifully presented two-bedroom apartment in the Park Central development offering a large terrace overlooking the city centre. This wonderful penthouse apartment benefits from an large open plan living area, kitchen with integrated appliances, two double bedrooms one with en suite bathroom as well as a separate family bathroom. The property has a tandem parking space, and is ideally situated within walking distance to New Street Station and all city centre amenities.

The building is access from the street via the communal entrance and there is access to Penthouse via stairs or lift.

The apartment is access via the private entrance leading into the large entrance hall with doors to the accommodation, storage cupboard and skylight.

There is a large open plan kitchen lounge and dining area offering dual aspect views of the city and doors out onto the roof terrace.

The master bedroom has built in wardrobes and a en-suite shower room and there is also a second double bedroom. The main family bathroom is off the entrance hall has a bath, low level w/c and pedestal wash hand basin.

the roof terrace offers ample space for enjoying the views.

The property benefits from have two tandem parking spaces situated in the gated carpark below.

Agent Details

Maguire Jackson, Birmingham

0121 387 6401

Next Steps?

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