2 Bed Terraced House, Single Let, Birmingham, B9 5RB, £170,000

Fifth Avenue, Birmingham, B9 5RB - 4 views - 4 months ago

Sold STC
BTL
~68 m²
+12 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£650 - £1,800

Rent Estimate

£689

Running Costs/mo

£689

Cashflow/mo

£0

Cashflow/yr

£-1

Gross Yield

5%













Local Rents

26 rents from £650/mo to £1.8K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£75012/240.1 miFlat 1545-547 Green Lane Small Heath2
£69502/240.1 mi-2
£69502/240.1 mi-2
£1,00012/240.27 mi-2
£1,05012/240.27 mi-2
£1,00012/240.37 mi-2
£90012/240.42 mi-2
£1,80004/240.56 mi-2
£99504/250.74 mi-2
£99504/250.74 mi-2
£97502/250.81 mi-2
£65012/240.82 miAlum Rock Road, Birmingham, B82
£1,10012/240.97 mi-2
£95012/241 miBerkeley Road East, Birmingham2
£1,20012/241.04 miDeakins Road, Yardley, Birmingham2
£1,10012/241.07 mi-2
£1,05012/241.08 miWolseley Street, Bordesley, BIRMINGHAM2
£1,09512/241.1 miMalmesbury Park, Edgbaston, Birmingham, B15 3TY2
£1,05003/241.17 mi-2
£90012/241.21 miKeer Court, Birmingham2
£90012/241.21 miKeer Court, Birmingham2
£1,14904/251.21 mi-2
£1,80004/251.22 mi-2
£80004/251.23 mi-2
£99510/241.24 mi-2
£89501/251.24 mi-2

Local Area Statistics

Population in B9

24,915

Population in Birmingham

1,034,821

Town centre distance

1.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.64 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £170,000

December 26, 2024

Floor Plans

Description

  • No Chain +
  • Two Bedooms +
  • Mid Terrace +
  • Upstairs Family Bathroom +
  • Rear Garden +
  • Fitted Kitchen +
  • Through Lounge +
  • Double Glazing (where specified) & Central Heating (where specified) +

SUMMARY
Ideal for a FIRST TIME BUYER and in a FANTASTIC location. The property is situated on a HIGH DEMAND road and is near to local shops, schools and the A45 Coventry Road is easily accessible with many travel links to Birmingham City. With expected HIGH LEVELS of INTEREST

DESCRIPTION
Ideal for a FIRST TIME BUYER and in a FANTASTIC location. The property is situated on a HIGH DEMAND road and is near to local shops, schools and the A45 Coventry Road is easily accessible with many travel links to Birmingham City. With expected HIGH LEVELS of INTEREST, call now to secure a viewing on .

Lounge 10' 11" max x 28' 1" into bay ( 3.33m max x 8.56m into bay )
Double glazed bay window to front elevation, double glazed window to rear elevation, two central heating radiators and gas fire.

Kitchen 5' 11" max x 18' 5" max ( 1.80m max x 5.61m max )
Double glazed windows to rear and side elevations, double glazed door to side elevation, a range of wall and base units with work surface over incorporating a sink with drainer unit, space and connections for gas cooker, space and plumbing for washing machine, extractor fan, central heating radiator, central heating boiler and tiling to splash prone areas.

Landing 
Loft access.

Bedroom One 11' 3" x 11' max ( 3.43m x 3.35m max )
Double glazed window to front elevation and central heating radiator.

Bedroom Two 11' 2" x 7' 11" max ( 3.40m x 2.41m max )
Double glazed window to rear elevation, built in storage and loft access.

Bathroom 
Double glazed window to rear elevation, W.C, wash hand basin, bath with electric shower over, central heating radiator, extractor fan, storage and tiling to splash prone areas.

Rear Garden 
Concrete slabs.

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, Sheldon

0121 387 6431

Next Steps?

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