3 Bed Terraced House, Single Let, Birmingham, B34 7RX, £200,000

Packington Avenue, Birmingham, B34 7RX - 2 views - 4 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£36K - £291K
Sold Prices/m²£1.8K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£204,354

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,500

Total Cash In

£57,500

 

 

Cash Out

 

Rent Range

£750 - £3,000

Rent Estimate

£1,213

Running Costs/mo

£888

Cashflow/mo

£325

Cashflow/yr

£3,905

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £36K to £291K, average is £210K. £1.8K/m² to £3.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£215K01/210.06 mi66, Nearmoor Road, Birmingham, West Midlands B34 7QD3
£202K08/210.1 mi210, Packington Avenue, Birmingham, West Midlands B34 7RH3
£212K07/230.1 mi234, Packington Avenue, Birmingham, West Midlands B34 7RH3
£291K10/220.14 mi227, Shard End Crescent, Birmingham, West Midlands B34 7RE3
£176K10/200.14 mi179, Shard End Crescent, Birmingham, West Midlands B34 7RE3
£226K10/210.15 mi27, Coneyford Road, Birmingham, West Midlands B34 7AY3
£255K10/210.15 mi49, Coneyford Road, Birmingham, West Midlands B34 7AY3
£210K09/230.15 mi59, Coneyford Road, Birmingham, West Midlands B34 7AY3
£164K11/220.15 mi78, Coneyford Road, Birmingham, West Midlands B34 7AX3
£240K07/230.15 mi186, Nearmoor Road, Birmingham, West Midlands B34 7QE3
£210K07/210.16 mi434, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£210K07/210.16 mi434, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£158.5K10/200.16 mi390, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£230K02/230.16 mi372, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£210K07/210.16 mi434, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£180K06/210.16 mi404, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£207K04/230.17 mi66, Bradley Road, Birmingham, West Midlands B34 7RJ3
£163K04/210.18 mi119, Nearmoor Road, Birmingham, West Midlands B34 7QF3
£216K03/230.22 mi70, Freasley Road, Birmingham, West Midlands B34 7QH3
£175K06/230.22 mi93, Freasley Road, Birmingham, West Midlands B34 7QH3
£180K06/210.22 mi33, Bradley Road, Birmingham, West Midlands B34 7RL3
£190K01/210.22 mi25, Bradley Road, Birmingham, West Midlands B34 7RL3
£165K12/230.22 mi50, Milsom Grove, Birmingham, West Midlands B34 7HG3
£184K04/210.24 mi19, The Timber Way, Birmingham, West Midlands B34 7AS3
£210K06/210.27 mi149, Freasley Road, Birmingham, West Midlands B34 7QL3
£166K01/230.29 mi15, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£216K04/230.29 mi67, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£200K04/230.29 mi19, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£234K06/230.29 mi43, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£270K10/220.32 mi104, Timberley Lane, Birmingham, West Midlands B34 7EN3
£210K02/230.32 mi25, Princethorpe Close, Birmingham, West Midlands B34 7JG3
£170K03/210.33 mi27, Kitsland Road, Birmingham, West Midlands B34 7NA3
£180K12/220.34 mi23, Panther Croft, Birmingham, West Midlands B34 7SB3
£164K02/210.35 mi94, Shard End Crescent, Birmingham, West Midlands B34 7AD3
£36K06/230.36 mi4, Farmoor Grove, Birmingham, West Midlands B34 7LE3
£123.8K08/210.36 mi38, Shard End Crescent, Birmingham, West Midlands B34 7AB3
£190K08/230.37 mi16, Lamb Close, Birmingham, West Midlands B34 7SF3
£225K04/210.38 mi164, Brownfield Road, Birmingham, West Midlands B34 7DX3
£248.5K02/230.39 mi92, Brownfield Road, Birmingham, West Midlands B34 7HX3
£223K03/210.39 mi80, Brownfield Road, Birmingham, West Midlands B34 7HY3
£225K08/230.4 mi22, Berrowside Road, Birmingham, West Midlands B34 7JL3
£170K06/210.4 mi22, Berrowside Road, Birmingham, West Midlands B34 7JL3
£210K01/210.4 mi10, Tanglewood Close, Birmingham, West Midlands B34 7QX3
£230K11/230.4 mi221, Brownfield Road, Birmingham, West Midlands B34 7EB3
£210K05/230.43 mi166, Old Croft Lane, Birmingham, West Midlands B34 7BX3
£250K11/210.43 mi25, Bramblewoods, Birmingham, West Midlands B34 7QZ3
£158K01/210.45 mi21, Roebuck Close, Birmingham, West Midlands B34 7SQ3
£265K09/220.45 mi3, Thistledown Road, Birmingham, West Midlands B34 7EG3
£170K07/210.45 mi29, Appledorne Gardens, Birmingham, West Midlands B34 6TN3
£190K06/210.45 mi29, Glascote Grove, Birmingham, West Midlands B34 6SD3

Local Rents

16 rents from £750/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£3,00001/240.08 mi-3
£3,00001/240.08 mi-3
£3,00001/240.08 mi-3
£3,00012/240.08 mi-3
£3,00001/250.08 mi-3
£3,00004/250.08 mi-3
£1,10004/250.08 mi-3
£1,20012/240.32 miTimberley Lane, Shard End, Birmingham3
£1,30012/240.34 mi-3
£1,30012/240.34 mi-3
£1,30002/250.34 mi-3
£1,30004/250.34 mi-3
£1,20012/240.35 miShard End Crescent, BIRMINGHAM3
£1,25012/240.41 miBrownfield Road, BIRMINGHAM3
£1,40011/240.45 mi-3
£75004/250.5 mi-3

Local Area Statistics

Population in B34

18,941

Population in Birmingham

1,034,821

Town centre distance

5.05 miles away

Nearest school

0.10 miles away

Nearest train station

1.20 miles away

 

 

Rental growth (12m)

+31%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Price changed to £200,000

January 23, 2025

Listed for £210,000

December 26, 2024

Floor Plans

Description

  • MID TERRACE +
  • THREE BEDROOMS +
  • TWO RECEPTION ROOMS +
  • KITCHEN +
  • FAMILY BATHROOM +
  • DOWNSTAIRS WC +
  • GARAGE AT REAR +
  • NO CHAIN +

SUMMARY
* NO CHAIN * THREE DOUBLE BEDROOMS * TWO RECEPTION ROOMS * KITCHEN * LARGE BATHROOM * DOWNSTAIRS WC * GARAGE AT REAR * FRONT AND REAR GARDEN * FREEHOLD * POPULAR RESIDENTIAL LOCATION * EXCELLENT TRANSPORT LINKS * CALL SHIPWAYS TO VIEW ***

DESCRIPTION
We are pleased to welcome to the market this large family home in Shard End. Situated on a popular road with excellent transport links, schools and amenities close by. This property is being offered with no chain and is the perfect buy for a first time buyer, investor, family or upsizer. This one is not to be missed, viewing comes highly recommended. Call Shipways to view!

Agent Note 
Council Tax Band B.

Entrance Porch 
Two double glazed windows to front, double glazed door to hall and wall light.

Entrance Hall 
Door to kitchen, lounge and diner, stairs to first floor, meter cupboard, radiator and ceiling lightpoint.

Lounge 10' x 12' ( 3.05m x 3.66m )
Double glazed window to front, sliding door to diner room, radiator and ceiling lightpoint.

Dining Room 13' 1" x 12' door recess ( 3.99m x 3.66m door recess )
Double glazed door to garden, gas fire, radiator and ceiling lightpoint.

Kitchen 10' x 7' ( 3.05m x 2.13m )
Double glazed window to rear, wall and base units, roll top work surfaces, steel sink and drainer, integrated oven and hob, space for appliances, double glazed door to utility and ceiling lightpoint.

Utility Room 10' max x 11' max ( 3.05m max x 3.35m max )
Double glazed to window side, single glazed window to rear, plumbing for washing, door to wc, side access and double glazed door to garden.

Wc 
Double glazed window to side and low level wc.

Landing 
Loft hatch, storage cupboard and ceiling lightpoint.

Bedroom One 11' x 10' + door recess ( 3.35m x 3.05m + door recess )
Two double glazed windows to front, storage cupboard, radiator and ceiling lightpoint.

Bedroom Two 10' 1" + door recess x 11' ( 3.07m + door recess x 3.35m )
Two double glazed windows to rear, storage cupboard, radiator and ceiling lightpoint.

Bedroom Three 8' x 8' ( 2.44m x 2.44m )
Double glazed window to front, storage cupboard, radiator and ceiling lightpoint.

Bathroom 
Two obscure double glazed windows to rear, wall mounted boiler, pedestal sink and low level wc.
Separate bath and shower cubicle.

Rear Garden 
Patio area, mainly lawn, shrub boarders, fence, rear access garage and shed

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, Castle Bromwich

0121 387 6446

Next Steps?

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