4 Bed Terraced House, Single Let, Smethwick, B66 4SE, £400,000

Barrett Street, Smethwick, B66 4SE - 4 views - 4 months ago

BTL
~129 m²
+12 photos

ValuationOvervalued

Sold Prices£85K - £625K
Sold Prices/m²£924/m² - £4.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.1K/m²

Value Estimate

£296,214

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£412 - £3,500

Rent Estimate

£505

Running Costs/mo

£1,371

Cashflow/mo

£-866

Cashflow/yr

£-10,392

Gross Yield

2%

Local Sold Prices

43 sold prices from £85K to £625K, average is £310K. £924/m² to £4.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£315K11/220.13 mi52, Crown Street, Smethwick, West Midlands B66 4SP4
£287K11/220.15 mi354, Rotton Park Road, Birmingham, West Midlands B16 0LA4
£85K12/220.21 mi78, Florence Road, Smethwick, West Midlands B66 4QS4
£300K06/210.27 mi38, Barley Road, Birmingham, West Midlands B16 0QE4
£358K12/220.27 mi34, Barley Road, Birmingham, West Midlands B16 0QE4
£270K12/220.29 mi34, Cavendish Road, Birmingham, West Midlands B16 0HZ4
£422.5K06/210.3 mi7, Brook Way, Birmingham, West Midlands B16 0QR4
£222K06/220.3 mi17, Twyning Road, Edgbaston, Birmingham, West Midlands B16 0HJ4
£422.5K06/210.31 mi7, Brook Way, Birmingham, West Midlands B16 0QR4
£265K06/210.32 mi38, Arthur Harris Close, Smethwick, West Midlands B66 4NX4
£265K06/210.32 mi38, Arthur Harris Close, Smethwick, West Midlands B66 4NX4
£330K08/230.32 mi22, Arthur Harris Close, Smethwick, West Midlands B66 4NX4
£225K08/230.34 mi79, Woodlands Street, Smethwick, West Midlands B66 3TD4
£305K05/220.37 mi225, City Road, Birmingham, West Midlands B16 0PU4
£170K08/210.38 mi55, Cuin Road, Smethwick, West Midlands B66 3TU4
£125K03/210.38 mi6, Cuin Walk, Smethwick, West Midlands B66 3JD4
£370K01/220.41 mi6, Hallewell Road, Birmingham, West Midlands B16 0LR4
£141.5K04/210.42 mi5, Norton Close, Smethwick, West Midlands B66 3JA4
£321.1K04/230.43 mi71, Cuthbert Road, Birmingham, West Midlands B18 4AH4
£225K01/230.46 mi238, Dudley Road, Birmingham, West Midlands B18 4HN4
£310K07/210.5 mi20, Ravenshaw Road, Birmingham, West Midlands B16 0TE4
£321.5K06/230.5 mi18, Ravenshaw Road, Birmingham, West Midlands B16 0TE4
£275K09/230.53 mi66, Claremont Road, Smethwick, West Midlands B66 4JY4
£316K08/220.53 mi72, Selwyn Road, Birmingham, West Midlands B16 0SW4
£250K10/210.56 mi85, Selwyn Road, Birmingham, West Midlands B16 0SL4
£260K03/210.57 mi29, Thomas Street, Smethwick, West Midlands B66 3RA4
£310K01/220.58 mi126, Stanmore Road, Birmingham, West Midlands B16 0SX4
£395K01/210.58 mi50, Wheatsheaf Road, Birmingham, West Midlands B16 0RY4
£395K01/210.58 mi50, Wheatsheaf Road, Birmingham, West Midlands B16 0RY4
£305K09/210.64 mi164, Poplar Avenue, Edgbaston, Birmingham, West Midlands B17 8EP4
£625K02/210.66 mi47, Selwyn Road, Birmingham, West Midlands B16 0SJ4
£472.5K11/200.7 mi11, Selwyn Road, Birmingham, West Midlands B16 0SH4
£445K11/210.72 mi45, Stanmore Road, Birmingham, West Midlands B16 9SU4
£445K11/210.72 mi45, Stanmore Road, Birmingham, West Midlands B16 9SU4
£290K02/220.73 mi33, Pool Road, Smethwick, West Midlands B66 3DB4
£439.6K10/200.75 mi27, Wadhurst Road, Birmingham, West Midlands B17 8JF4
£352.5K10/210.82 mi125, Willow Avenue, Edgbaston, Birmingham, West Midlands B17 8HN4
£480K06/230.83 mi40, Manor Road North, Birmingham, West Midlands B16 9JS4
£555K02/220.89 mi17, Melville Road, Birmingham, West Midlands B16 9LN4
£385K12/200.89 mi1, Melville Road, Birmingham, West Midlands B16 9LN4
£265K08/220.9 mi22, Daisy Road, Birmingham, West Midlands B16 9DZ4
£270K05/210.93 mi55, Mariner Avenue, Birmingham, West Midlands B16 9DF4
£360K11/200.97 mi105, Sandon Road, Birmingham, West Midlands B17 8EE4

Local Rents

48 rents from £412/mo to £3.5K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,75004/250.11 mi-3
£1,70012/240.13 miCrown Street, Birmingham4
£1,29512/240.13 miCrown Street, Smethwick3
£1,45004/250.15 mi-3
£1,65004/250.17 mi-4
£2,31512/240.19 miRotton Park Road, Birmingham5
£1,10012/240.22 miOliver Road, Cape Hill3
£1,15011/240.23 mi-3
£99002/240.23 mi-3
£1,70012/240.29 miBrook Way, Edgbaston, Birmingham, B16 0QR5
£1,20012/240.3 mismethwick, B663
£2,50012/240.3 miCity Road, Birmingham, B166
£3,38012/240.3 miCity Road, Birmingham, B166
£1,50003/240.31 mi-6
£1,50012/240.31 mi-6
£3,50012/240.31 miCity Road, Edgbaston, Birmingham, B166
£2,00012/240.35 miAvery Avenue, Birmingham4
£1,35012/240.39 miAvery Avenue, Edgbaston, Birmingham, B163
£80012/240.41 miScribbans Close, Smethwick, West Midlands3
£3,00012/240.42 mi-6
£1,25012/240.44 miHeath Green Road, B184
£1,37512/240.46 miPortland Road, Edgbaston, Birmingham, B174
£1,15012/240.46 miPortland Road, BIRMINGHAM3
£1,15012/240.46 miPortland Road, Edgbaston3
£1,05012/240.49 miWestbury Road, Edgbaston, B17 8JH3
£1,40001/250.5 mi-3
£1,30003/250.5 mi-3
£1,10012/240.52 miMessenger Road, B663
£42912/240.54 mi77 Gillott Road B16 0EU6
£1,00003/250.54 mi-3
£1,00004/250.54 mi-3
£2,70004/250.55 mi-4
£1,50012/240.55 miSelwyn Road, Edgebaston4
£1,50003/250.55 mi-3
£1,65012/240.58 mi-4
£1,59502/250.58 mi-3
£1,75002/250.59 mi-4
£55002/250.59 mi-7
£52003/250.59 mi-7
£1,50012/240.6 miHigh Park Close, Smethwick4
£41212/240.6 mi33b, Gillott Road B16 0EU5
£1,69512/240.61 miPerrot Way, Edgbaston4
£2,99512/240.61 mi-7
£1,80002/250.61 mi-4
£1,49503/250.61 mi-3
£2,49512/240.61 miRotton Park Road, Edgbaston5
£2,99512/240.61 miSummerfield Crescent, Edgbaston, Birmingham6
£1,10012/240.62 mi-3

Local Area Statistics

Population in B66

21,335

Population in Smethwick

51,344

Town centre distance

0.83 miles away

Nearest school

0.20 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+32%

Property History

Price changed to £400,000

January 4, 2025

Listed for £425,000

December 26, 2024

Floor Plans

Description

  • Well-presented terrace property +
  • Four good sized bedrooms +
  • Downstairs shower room +
  • En-suite facilities +
  • Extended to the rear +
  • Utility room +
  • Secure rear garden +
  • Great location +

SUMMARY
* FOUR BEDROOM TERRACE PROPERTY * LIVING/DINING ROOM * EXTENDED TO THE REAR * FITTED KITCHEN * UTILITY ROOM * DOWNSTAIRS SHOWER ROOM * FAMILY BATHROOM * EN-SUITE TO MASTER BEDROOM * SECURE REAR GARDEN * EXCELLENT LOCATION ***

DESCRIPTION
Fantastic Accommodation on offer here with four good sized bedrooms and extended to the rear. The property itself is a short commute to the Birmingham City Centre or nearby City Road, commutable distance to The New Metropolitan Super Hospital, Queen Elizabeth Hospital and Birmingham University. The property benefits from the facilities of Edgbaston and Harborne, with Bearwood high street a short commute away making this a great place to live.

The property comprises in further detail- The entrance hallway gives access to the living/dining room, downstairs wet room, the kitchen, conservatory and utility room. Stairs ascend from the hallway to the first floor accommodation which hosts two bedrooms. Further stairs ascend from the landing to the third floor accommodation which hosts the final two bedrooms, one of which with an en-suite, and the family bathroom.

This really is an outstanding property both in its location, and the accommodation on offer. Viewing This Property is Highly Recommended.

Lounge/Dining Room 15' x 20' 9" ( 4.57m x 6.32m )
Double glazed windows to the front and rear and a central heating radiator

Kitchen 13' 3" x 8' 6" ( 4.04m x 2.59m )
With a range of wall and base units, gas hob and oven with extractor hood over, a sink and drainer, plumbing for both a washing machine and dishwasher, double glazed windows to the rear and French doors to the rear.

Shower Room 
shower cubical, low level flush w/c, hand wash basin.

Master Bedroom With En-Suite  10' 9" x 10' 1" ( 3.28m x 3.07m )
Double glazed window to rear, central heating radiator, fitted wardrobes. En-suite has shower cubical, low level flush w/c, hand wash basin.

Bedroom Two 15' 1" x 9' 8" ( 4.60m x 2.95m )
Double glazed window to the rear, central heating radiator.

Bedroom Three 10' 7" x 8' 4" ( 3.23m x 2.54m )
double glazed window to front, central heating radiator.

Bedroom Four 
double glazed window to front, central heating radiator.

Family Shower Room  
With shower cubicle, wc and hand wash basin

Agent Note 
This property is council tax band B.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Shipways, Harborne

0121 387 6295

Next Steps?

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