2 Bed Bungalow, Single Let, Birmingham, B34 6LG, £270,000

Heath Way, Birmingham, B34 6LG - 3 months ago

BTL
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£110K - £265K
Sold Prices/m²£1.3K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£161,073

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£780 - £2,100

Rent Estimate

£850

Running Costs/mo

£1,034

Cashflow/mo

£-184

Cashflow/yr

£-2,205

Gross Yield

4%

Local Sold Prices

50 sold prices from £110K to £265K, average is £174.5K. £1.3K/m² to £3.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£180K04/210.13 mi39, Darley Avenue, Birmingham, West Midlands B34 6JD2
£190K11/220.13 mi35, Darley Avenue, Birmingham, West Midlands B34 6JD2
£265K07/230.14 mi1, Flamborough Close, Birmingham, West Midlands B34 6LY2
£208K02/230.17 mi18, Chorley Avenue, Birmingham, West Midlands B34 6DA2
£180K10/200.18 mi41, Chorley Avenue, Birmingham, West Midlands B34 6DA2
£200K11/230.18 mi77, Heathland Avenue, Birmingham, West Midlands B34 6LT2
£200K11/220.21 mi6, Orkney Avenue, Birmingham, West Midlands B34 6BY2
£175K04/230.22 mi60, Heathland Avenue, Birmingham, West Midlands B34 6LS2
£174K02/210.24 mi42, Shopton Road, Birmingham, West Midlands B34 6NX2
£256K10/220.24 mi26, Heathland Avenue, Birmingham, West Midlands B34 6LR2
£125K10/200.25 mi18, Hartshill Road, Shard End, Birmingham, West Midlands B34 6QT2
£120K12/200.25 mi26, Hartshill Road, Shard End, Birmingham, West Midlands B34 6QT2
£115K06/210.26 mi61, Cole Hall Lane, Birmingham, West Midlands B34 6HL2
£189K09/230.28 mi51, Shopton Road, Birmingham, West Midlands B34 6NY2
£140K01/210.28 mi104, Shopton Road, Birmingham, West Midlands B34 6PH2
£130K02/210.29 mi23, Hartshill Road, Shard End, Birmingham, West Midlands B34 6RE2
£170K07/230.3 mi105, Brook Meadow Road, Birmingham, West Midlands B34 6QS2
£133K04/210.31 mi134, Brook Meadow Road, Birmingham, West Midlands B34 6QR2
£175K05/230.31 mi102, Brook Meadow Road, Birmingham, West Midlands B34 6QR2
£180K11/210.31 mi27, Broomdene Avenue, Birmingham, West Midlands B34 6PJ2
£117.5K06/210.31 mi12, Broomdene Avenue, Birmingham, West Midlands B34 6PJ2
£180K01/230.32 mi159, Hernefield Road, Birmingham, West Midlands B34 6PG2
£166.5K11/200.32 mi189, Maryland Avenue, Birmingham, West Midlands B34 6EA2
£110K10/200.38 mi8, Bridgeford Road, Birmingham, West Midlands B34 6RD2
£167K02/230.38 mi11, Bridgeford Road, Birmingham, West Midlands B34 6RD2
£118K04/210.39 mi115, Hernefield Road, Birmingham, West Midlands B34 6PN2
£155K02/230.4 mi315, Heath Way, Birmingham, West Midlands B34 6RJ2
£220K01/230.4 mi63, The Oaks, Birmingham, West Midlands B34 6PX2
£175K05/230.48 mi23, Hernefield Road, Birmingham, West Midlands B34 6PT2
£112.5K12/200.52 mi16, Edstone Mews, Birmingham, West Midlands B36 8LW2
£198K02/210.55 mi25, Chester Road, Castle Bromwich, Birmingham, West Midlands B36 9DA2
£180K02/230.56 mi16, Wyndhurst Road, Birmingham, West Midlands B33 9JG2
£145K01/210.57 mi18, Bushbury Road, Birmingham, West Midlands B33 9NG2
£200K08/230.57 mi54, Bushbury Road, Birmingham, West Midlands B33 9NG2
£195K05/230.58 mi22, Middle Leaford, Birmingham, West Midlands B34 6HA2
£127K02/210.62 mi12, Wheatstone Grove, Birmingham, West Midlands B33 9JY2
£150K07/230.63 mi20, Austy Close, Birmingham, West Midlands B36 8PZ2
£187K09/230.63 mi46, Swancote Road, Birmingham, West Midlands B33 9JE2
£144K07/210.63 mi175, Cole Hall Lane, Birmingham, West Midlands B34 6HQ2
£135.5K11/200.63 mi98, Bushbury Road, Birmingham, West Midlands B33 9NH2
£150K08/210.64 mi75, Glebe Farm Road, Birmingham, West Midlands B33 9NP2
£152K03/210.65 mi64, Pencroft Road, Birmingham, West Midlands B34 6SP2
£175K05/230.67 mi7, Hollington Crescent, Birmingham, West Midlands B33 9LS2
£204K02/230.67 mi6, Hollington Crescent, Birmingham, West Midlands B33 9LS2
£155K10/200.68 mi8, Howden Place, Birmingham, West Midlands B33 9NL2
£175K09/230.68 mi32, Swancote Road, Birmingham, West Midlands B33 9JD2
£188K12/220.68 mi22, Swancote Road, Birmingham, West Midlands B33 9JD2
£137.5K11/200.69 mi8, Colyns Grove, Birmingham, West Midlands B33 9JP2
£153K03/210.71 mi18, Glascote Grove, Birmingham, West Midlands B34 6SD2
£205K09/210.71 mi19, Impsley Close, Castle Bromwich, Birmingham, West Midlands B36 9EB2

Local Rents

29 rents from £780/mo to £2.1K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,10012/240.2 miBucklands End Lane, BIRMINGHAM2
£2,10001/240.28 mi-2
£2,10001/240.28 mi-2
£90001/240.31 mi-2
£87512/240.56 miCamden Close, castle Bromwich, BIRMINGHAM, West Midlands, B362
£87512/240.59 miHawkesford Close, Castle Bromwich, BIRMINGHAM, West Midlands, B362
£1,25012/240.63 miBirnam, 1 Rectory Lane, Birmingham, West Midlands, B362
£97512/240.65 miBrownfield Road, Shard End B342
£92503/240.73 mi-2
£92512/240.73 miHollington Crescent, Birmingham, B332
£85012/240.78 miEasthope road, Stechford, B332
£78004/250.87 mi-2
£1,00012/240.87 miBrownsover Close, Birmingham, B362
£1,00012/240.87 miBrownsover Close, Birmingham, B362
£1,00012/240.87 mi-2
£95012/240.93 mi-2
£85012/240.97 miShard End Crescent B342
£1,20012/241.08 miYoxall Grove, BIRMINGHAM2
£95012/241.08 miFlaxley Road, Birmingham, B332
£1,05012/241.1 miBerwood Park, Castle Vale, Birmingham2
£95012/241.1 miAlbert Road, Stechford, BIRMINGHAM2
£97511/231.12 mi-2
£1,05002/251.12 mi-2
£99503/251.12 mi-2
£1,05003/251.12 mi-2
£99512/241.14 miEathorpe Close, Birmingham, B342
£1,00002/251.16 mi-2
£85011/231.18 mi-2
£99502/251.18 mi-2

Local Area Statistics

Population in B34

18,941

Population in Birmingham

1,034,821

Town centre distance

4.27 miles away

Nearest school

0.10 miles away

Nearest train station

1.17 miles away

 

 

Rental growth (12m)

+31%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £270,000

December 26, 2024

Floor Plans

Description

  • EXTENDED TWO BED SEMI-DETACHED BUNGALOW +
  • DRIVEWAY & GARAGE +
  • MODERNISED THROUGHOUT +
  • FOUR PIECE FAMILY BATHROOM +
  • CONSERVATORY +
  • PRIVATE REAR GARDEN +
  • KITCHEN DINER +
  • SUPERB LOCATION +

SUMMARY
A two bedroom semi-detached bungalow, making an ideal purchase for those wishing to downsize or move to accommodation that is all on ground level.
Parking can be found by-way-of a driveway & garage. Superb locality with great transport links & nearby local shops/eateries.

DESCRIPTION
Burchell Edwards are delighted to offer this two bedroom semi-detached bungalow, sold with no upward chain, making an ideal purchase for people wishing to downsize or move to accommodation that is all on ground level.

The property in brief compromises an entrance porch, hallway, lounge, kitchen diner, conservatory, two bedrooms and a four piece family bathroom. Parking can be found by-way-of a driveway with a dropped kerb and a garage.

Sat amongst many local shops, eateries and amenities, surrounded by great transport links with easy access to the M6/ M42 Motorway and Birmingham airport.

We recommend an early viewing to be essential in order to appreciate the space and accommodation available. Please call at your earliest convenience as we anticipate high viewing interest.

Entrance Porch 
Vinyl flooring.

Entrance Hallway 
Vinyl flooring, storage cupboard, central heating radiator and loft access via hatch.

Lounge 21' 9" max into chimney recess x 18' 6" max ( 6.63m max into chimney recess x 5.64m max )
L shaped room. Double glazed sliding doors to rear elevation, central heating radiator, laminate flooring, spotlights and log burner.

Bedroom One 10' 10" not into bay x 9' 3" ( 3.30m not into bay x 2.82m )
Double glazed bay window to front elevation, central heating radiator and carpet.

Bedroom Two 9' 7" x 7' 4" ( 2.92m x 2.24m )
Double glazed window to front elevation, central heating radiator and vinyl flooring.

Kitchen/ Diner 21' 1" max x 12' 9" max ( 6.43m max x 3.89m max )
L shpaed room. Double glazed windows and patio doors to rear elevation, a range of wall and base units with work surface over incorporating a sink with drainer unit, space and plumbing for washing machine and dishwasher, vinyl flooring, tiling to splash prone areas and spotlights.

Bathroom 
Double glazed window to side elevation, W.C, wash hand basin, shower cubicle with rainfall shower, verticle wall radiator, bath, vinyl flooring and tiling to walls.

Conservatory 9' 10" x 9' 4" ( 3.00m x 2.84m )
Double glazed sliding doors to rear elevation, double glazed windows all around and tiled flooring.

Front Garden 
Driveway providing off road parking and access to garage.

Rear Garden 
Slated area, patio area and outside tap.

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. Burchell Edwards 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. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Burchell Edwards, Castle Bromwich

0121 387 6362

Next Steps?

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