2 Bed Flat, Single Let, Birmingham, B15 2DG, £200,000

Bath Row, Birmingham, B15 2DG - 3 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+7 photos

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

£149,296

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£995 - £2,885

Rent Estimate

£999

Running Costs/mo

£845

Cashflow/mo

£154

Cashflow/yr

£1,850

ROI

3%

Gross Yield

6%

Local Sold Prices

27 sold prices from £30K to £500K, average is £153.5K. £724/m² to £4.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£235K07/210.23 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£290K09/210.28 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£500K02/210.31 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/210.31 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/200.31 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/220.31 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£144.5K09/210.47 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£182K12/220.51 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£150K02/230.51 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/210.51 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/220.51 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£100K07/210.53 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£90K06/210.55 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£180K08/210.57 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£153.5K06/210.62 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£125K12/210.7 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.7 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£235K12/220.8 mi110, Viceroy Close, Birmingham, West Midlands B5 7UY2
£65K02/230.84 miFlat 77, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£30K10/200.84 miFlat 73, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£120K11/200.84 miFlat 74, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£130K06/210.87 mi55, Alexandra Road, Birmingham, West Midlands B5 7NJ2
£242.5K10/200.89 mi153, Viceroy Close, Birmingham, West Midlands B5 7UX2
£55K03/210.91 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£55K03/210.91 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£290K10/220.91 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£144K05/210.96 mi6, Dalloway Close, Birmingham, West Midlands B5 7RD2

Local Rents

50 rents from £995/mo to £2.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15012/240 miBath Row, Birmingham2
£1,20012/240.01 miWheeleys Lane, Birmingham2
£1,25001/250.01 mi-2
£1,19003/240.03 mi-2
£1,19012/240.03 miWheeleys Lane, Birmingham, B152
£1,10012/240.03 miApartment 27, 18 Wheeleys Lane, Birmingham, West Midlands2
£1,20012/240.05 mi26 Longleat Ave, 26 Longleat Ave, Birmingham, B152
£1,50001/250.05 mi-2
£1,00012/240.06 miWheeleys Lane, Park Central, B152
£1,20012/240.06 mi26 Wheeleys Lane, Birmingham, B152
£1,20012/240.06 mi26 Wheeleys Lane, Birmingham, B152
£1,10002/240.06 mi-2
£1,27502/240.06 mi-2
£1,05012/240.06 mi-2
£1,20002/250.06 mi-2
£1,60002/250.06 mi-2
£1,25012/240.06 miLongleat Avenue, Birmingham, B15 2DF2
£1,30012/240.06 mi29 Longleat Avenue, Park Central, B152
£1,30012/240.06 mi29 Longleat Avenue, Park Central, B152
£2,16702/240.06 mi-2
£1,20012/240.08 miBradshaw Close, Birmingham, B152
£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
£2,49912/240.09 mi-2
£2,49901/250.09 mi-2
£1,59512/240.09 mi-2
£1,28003/250.09 mi-2
£1,22512/240.09 miSkyline, Granville Street, Birmingham, B12
£1,30012/240.1 miGranville Street, BIRMINGHAM2
£1,09503/250.1 mi-2
£2,88501/250.1 mi-2
£2,10004/250.1 mi-2
£1,20012/240.11 miCommunication Row, Birmingham, B152
£1,20012/240.11 miArden Gate2
£1,30012/240.11 miCommunication Row, Birmingham, B152
£1,05012/240.11 miMasons Way, Birmingham, B152
£1,25012/240.11 mi-2
£1,40012/240.11 miArden Gate, 12 Communication Row, Birmingham, B152
£1,40012/240.11 miArden Gate, 12 Communication Row, Birmingham, B152
£1,50012/240.11 miArden Gate, Communication Row, Birmingham2
£1,30012/240.11 miWilliam Street, Birmingham, B152
£1,30003/240.11 mi-2
£1,10012/240.12 mi2 Lee Bank Middleway, Birmingham, West Midlands, B152
£1,30012/240.12 miLee Bank Middleway, Birmingham City Centre2
£99502/240.12 mi-2
£1,05012/240.12 miLee Bank Middleway, Birmingham, B152
£99512/240.12 miLee Bank Middleway, Birmingham, B152

Local Area Statistics

Population in B15

17,552

Population in Birmingham

1,034,821

Town centre distance

1.36 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 £200,000

December 26, 2024

Floor Plans

Description

  • A LARGER STYLE APARTMENT +
  • ALLOCATED PARKING SPACE +
  • TWO GOOD SIZE BEDROOMS +
  • MODERN KITCHEN AND BATHROOM +
  • B15 PARK CENTRAL LOCATION +
  • BRIGHT AND AIRY WINDOWS +
  • TRANSPORT LINKS WITHIN WALKING DISTANCE +
  • BALCONY ENJOYING VIEWS +

SUMMARY
LARGER STYLE APARTMENT WITH PARKING - A two bedroom city centre apartment comprises in entrance hall, open plan lounge/ kitchen with balcony to the rear elevation, two double bedrooms master with en-suite, family bathroom, the apartment also benefits from allocated parking.

DESCRIPTION
LARGER STYLE APARTMENT WITH PARKING - A two bedroom city centre apartment comprises in entrance hall, open plan lounge/ kitchen with balcony to the rear elevation, two double bedrooms master with en-suite, family bathroom, the apartment also benefits from allocated parking.

Details 
Entrance Hall
Airing cupboard and doors to:

Open Plan Lounge Kitchen

Lounge 13' x 12' 11" ( 3.96m x 3.94m )
Double glazed window to the front, radiator and door to balcony.

Kitchen 16' 11" x 8' 10" ( 5.16m x 2.69m )
Fitted kitchen comprising wall and base units with work surfaces over, one and a half bowl stainless steel sink and drainer unit with mixer tap, electric oven and hob with cooker hood over, plumbing for a washing machine and tiled.

Bedroom One 16' 5" x 8' 10" ( 5.00m x 2.69m )
Double glazed window to the front.

En-Suite
Shower cubicle, wash hand basin and low level wc.

Bedroom Two Irregular Shaped Room 10' 9" x 11' 6" max ( 3.28m x 3.51m max )
Double glazed window to the rear and wooden laminate flooring.

Bathroom
Electric heated towel rail, wash hand basin, bath with mixer taps and shower over and part tile effect.

Parking 
Allocated parking space included.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Birmingham City

0121 387 6591

Next Steps?

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