4 Bed Terraced House, Planning Permission, Birmingham, B16 0AQ, £450,000

South Loop Square, Birmingham, B16 0AQ - 7 views - 4 months ago

Planning
ROI: 4%
~129 m²
+25 photos

ValuationOvervalued

Sold Prices£150K - £850K
Sold Prices/m²£1.5K/m² - £5.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.5K/m²

Value Estimate

£337,426

 

 

End Value (After Refurb)

£338,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£51,147

Bridging Loan Interest

£11,813

Total Cash In

£201,909

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£338,750

Mortgage (After Refinance)

£254,063

Mortgage LTV

75%

Cash Left In

£201,909

Equity

£84,688

Rent Range

£412 - £3,306

Rent Estimate

£2,100

Running Costs/mo

£1,499

Cashflow/mo

£601

Cashflow/yr

£7,217

ROI

4%

Gross Yield

6%

Local Sold Prices

36 sold prices from £150K to £850K, average is £321.3K. £1.5K/m² to £5.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£260K02/230.3 mi15, Pinto Close, Birmingham, West Midlands B16 9EP4
£150K10/200.3 mi8, Pinto Close, Birmingham, West Midlands B16 9EP4
£450K09/210.31 mi3, Clark Street, Birmingham, West Midlands B16 9ES4
£190K11/210.33 mi1, Sherborne Grove, Birmingham, West Midlands B1 2PU4
£335K12/200.38 mi19, Oliver Road, Ladywood, Birmingham, West Midlands B16 9ER4
£245K05/220.43 mi23, Sefton Road, Birmingham, West Midlands B16 9DR4
£265K08/220.45 mi22, Daisy Road, Birmingham, West Midlands B16 9DZ4
£240K05/230.54 mi3, Hickman Gardens, Birmingham, West Midlands B16 9PT4
£225K01/230.56 mi238, Dudley Road, Birmingham, West Midlands B18 4HN4
£221.5K12/200.6 mi106, Ruston Street, Birmingham, West Midlands B16 8BB4
£270K05/210.6 mi55, Mariner Avenue, Birmingham, West Midlands B16 9DF4
£450K09/220.65 mi200, Monument Road, Birmingham, West Midlands B16 8UU4
£250K10/210.65 mi85, Selwyn Road, Birmingham, West Midlands B16 0SL4
£600K06/210.66 mi43, Clarendon Road, Birmingham, West Midlands B16 9SD4
£316K08/220.67 mi72, Selwyn Road, Birmingham, West Midlands B16 0SW4
£321.1K04/230.68 mi71, Cuthbert Road, Birmingham, West Midlands B18 4AH4
£222K06/220.68 mi17, Twyning Road, Edgbaston, Birmingham, West Midlands B16 0HJ4
£625K02/210.69 mi47, Selwyn Road, Birmingham, West Midlands B16 0SJ4
£270K12/220.7 mi34, Cavendish Road, Birmingham, West Midlands B16 0HZ4
£370K01/220.72 mi6, Hallewell Road, Birmingham, West Midlands B16 0LR4
£395K01/210.75 mi50, Wheatsheaf Road, Birmingham, West Midlands B16 0RY4
£395K01/210.75 mi50, Wheatsheaf Road, Birmingham, West Midlands B16 0RY4
£385K01/220.77 mi5, Shakespear Crescent, Hockley, Birmingham, West Midlands B18 5BT4
£472.5K11/200.79 mi11, Selwyn Road, Birmingham, West Midlands B16 0SH4
£287K11/220.83 mi354, Rotton Park Road, Birmingham, West Midlands B16 0LA4
£480K03/220.91 mi1, Clare Drive, Birmingham, West Midlands B15 3LP4
£305K05/220.94 mi225, City Road, Birmingham, West Midlands B16 0PU4
£458K03/210.97 mi6b, Augustus Road, Edgbaston, Birmingham, West Midlands B15 3NB4
£465K12/200.97 mi8, Augustus Road, Edgbaston, Birmingham, West Midlands B15 3NB4
£447K10/200.98 mi6, Gilchrist Drive, Birmingham, West Midlands B15 3NG4
£850K11/220.99 mi34, Malcolmson Close, Birmingham, West Midlands B15 3LS4
£550K06/230.99 mi4, Malcolmson Close, Birmingham, West Midlands B15 3LS4
£712K04/220.99 mi6, Malcolmson Close, Birmingham, West Midlands B15 3LS4
£310K01/220.99 mi126, Stanmore Road, Birmingham, West Midlands B16 0SX4
£310K07/210.99 mi20, Ravenshaw Road, Birmingham, West Midlands B16 0TE4
£321.5K06/230.99 mi18, Ravenshaw Road, Birmingham, West Midlands B16 0TE4

Local Rents

51 rents from £412/mo to £3.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,65001/250.02 mi-3
£2,19512/240.02 miRotton Park Street, Port Loop, Edgbaston, B16 5
£2,19512/240.02 miRotton Park Street, Edgbaston5
£2,10012/240.02 miRotton Park Street, Birmingham5
£2,10003/240.02 mi-5
£2,00012/240.05 miPort Loop, Rotton Park Street, Birmingham4
£2,00012/240.06 miRotton Park Street, Edgbaston, Birmingham, B164
£2,50012/240.06 mi-4
£49812/240.18 miWiggin Street, Birmingham, B164
£1,00012/240.18 miWiggin Street, Edgbaston3
£2,20004/250.2 mi-3
£1,15012/240.2 miMarroway Street, BIRMINGHAM3
£1,40012/240.27 miCoplow Street, Birmingham4
£1,74812/240.27 miSoho Wharf3
£1,29504/250.29 mi-3
£1,74812/240.3 miSoho Wharf, Hopper Street, B183
£1,74812/240.3 miSoho Wharf, Hopper Street, B183
£1,74812/240.3 miSoho Wharf, Hopper Street, B183
£1,74812/240.3 miSoho Wharf, Hopper Street, B183
£1,74812/240.3 miSoho Wharf, Hopper Street, B183
£1,74812/240.3 miSoho Wharf, Hopper Street, B183
£1,74812/240.3 miSoho Wharf, Hopper Street, B183
£1,74812/240.3 miSoho Wharf, Hopper Street, B183
£1,74812/240.3 miSoho Wharf3
£1,49502/250.3 mi-4
£2,31812/240.3 miSummerfield Crescent, Edgbaston, Birmingham5
£2,25312/240.3 miSummerfield Crescent, Edgbaston, Birmingham4
£2,64012/240.3 miSummerfield Crescent, Birmingham5
£2,10012/240.31 mi-3
£1,15004/250.31 mi-3
£41612/240.31 mi24 Summerfield Crescent B16 0EL5
£1,20003/250.34 mi-3
£42012/240.35 mi53 Summerfield Crescent B16 0EN8
£1,71612/240.36 miCoxwell Gardens, Birmingham4
£2,20012/240.37 mi-4
£1,49503/250.38 mi-3
£2,99512/240.38 mi-7
£1,80002/250.38 mi-4
£41212/240.39 mi33b, Gillott Road B16 0EU5
£52012/240.39 miReservoir Road, Birmingham, B164
£47712/240.39 miMostyn Road, Birmingham, 5
£3,30612/240.4 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£3,30612/240.4 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£3,30612/240.4 miENSUITE. £127.17 PPPW FOR GROUP OF 6 PEOPLE. Reservoir Retreat, Edgbaston B16 9EH6
£3,30612/240.4 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£3,30612/240.4 miENSUITE. £127.17 PPPW FOR GROUP OF 6 PEOPLE. Reservoir Retreat, Edgbaston B16 9EH6
£3,30612/240.4 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£3,30612/240.4 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£3,30612/240.4 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£3,30612/240.4 miENSUITE. £109 PPPW Reservoir Retreat, Edgbaston B16 9EH7
£3,30612/240.4 miENSUITE. £127.17 PPPW FOR GROUP OF 6 PEOPLE. Reservoir Retreat, Edgbaston B16 9EH6

Local Area Statistics

Population in B16

23,618

Population in Birmingham

1,034,821

Town centre distance

2.37 miles away

Nearest school

0.30 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-17%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £450,000

December 26, 2024

Floor Plans

Description

  • MODERN THROUGHOUT +
  • DESIRABLE, CONVENIENT LOCATION +
  • TERRACE AREA FROM MASTER BEDROOM +
  • THREE STOREYS +
  • CALL OAKMANS TODAY +

OPEN PLAN, MODERN LIVING TERRACE FROM MASTER BEDROOM ABUNDANCE OF SPACE THROUGHOUT

Oakmans are delighted to offer another beautifully presented, open plan, modern four bedroom family home situated within the highly popular "Architects dream", South Loop Square. This property boasts a wealth of modern furnishings including an open plan living arrangement, a modern heating and cooling system and a communal garden space.

This generously proportioned property briefly comprises entrance hall, Open plan lounge diner and through to kitchen which includes a range of integral appliances and wall and base units. Also a downstairs WC on the ground floor. On the first floor there is three generously sized bedrooms and family bathroom with stairs leading to second and final floor where you will find an open master bedroom with ensuite, walk-in wardrobe area, sitting area with patio doors leading out to terrace/ outside seating area.

Property type: Terrace house
Tenure: Freehold
Council Tax Band: E.
EPC Rating: C
Estate contribution charge: £300 Per annum
Construction Type: Standard construction
Parking Arrangements: Driveway to front
Broadband: Fibre (FTTP)
Mobile Signal Coverage: No known issues
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: Planning signed off for side extension
Local Developments: No
Accessibility Adaptations: No

Call Oakmans today!

Agent Details

Oakmans Estate Agents, Harborne

0121 387 6780

Next Steps?

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