3 Bed Terraced House, Single Let, Birmingham, B37 6LW, £180,000

Kingshurst, Birmingham, B37 6LW - 1 views - 19 days ago

BTL
ROI: 5%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£145K - £395K
Sold Prices/m²£1.6K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£218,746
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£775 - £2,900

Rent Estimate

£994

Running Costs/mo

£781

Cashflow/mo

£213

Cashflow/yr

£2,556

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £145K to £395K, average is £202.5K. £1.6K/m² to £3.2K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£150K11/200.01 mi242, Fordbridge Road, Birmingham, West Midlands B37 6LW3
£170K03/210.03 mi82, Schofield Road, Birmingham, West Midlands B37 6LR3
£157K11/200.03 mi23, Schofield Road, Birmingham, West Midlands B37 6LR3
£145K01/210.06 mi58, Oakthorpe Drive, Birmingham, West Midlands B37 6HY3
£165K11/210.1 mi27, Oakthorpe Drive, Birmingham, West Midlands B37 6JD3
£187K11/220.11 mi14, Bannerlea Road, Birmingham, West Midlands B37 6HW3
£175K03/230.16 mi102, Fordbridge Road, Birmingham, West Midlands B37 6LN3
£190K02/210.16 mi12, Shenton Walk, Kingshurst, Birmingham, West Midlands B37 6HD3
£250K11/220.18 mi99, Gilson Way, Kingshurst, Birmingham, West Midlands B37 6JY3
£172.5K06/230.18 mi67, Gilson Way, Kingshurst, Birmingham, West Midlands B37 6JY3
£244K04/210.18 mi103, Gilson Way, Kingshurst, Birmingham, West Midlands B37 6JY3
£205K02/230.18 mi75, Gilson Way, Kingshurst, Birmingham, West Midlands B37 6JY3
£165K11/210.19 mi5, Dalewood Road, Birmingham, West Midlands B37 6HH3
£200K09/230.2 mi61, Wheeley Moor Road, Birmingham, West Midlands B37 6LB3
£192K02/210.2 mi65, Wheeley Moor Road, Birmingham, West Midlands B37 6LB3
£225K06/210.2 mi17, Mullensgrove Road, Birmingham, West Midlands B37 6LL3
£238K04/230.2 mi11, Mullensgrove Road, Birmingham, West Midlands B37 6LL3
£191K11/220.21 mi75, Bannerlea Road, Birmingham, West Midlands B37 6HL3
£300K08/230.21 mi6, Mullensgrove Road, Birmingham, West Midlands B37 6LG3
£235K01/210.21 mi24, Mullensgrove Road, Birmingham, West Midlands B37 6LG3
£270K01/230.21 mi12, Mullensgrove Road, Birmingham, West Midlands B37 6LG3
£282K10/230.21 mi20, Mullensgrove Road, Birmingham, West Midlands B37 6LG3
£195K11/220.21 mi105, Eileen Gardens, Birmingham, West Midlands B37 6NJ3
£200K12/220.21 mi58, Eileen Gardens, Birmingham, West Midlands B37 6NL3
£225K08/230.22 mi115, Eileen Gardens, Birmingham, West Midlands B37 6NJ3
£179K10/200.22 mi59, Eileen Gardens, Birmingham, West Midlands B37 6NJ3
£210K10/200.22 mi89, Eileen Gardens, Birmingham, West Midlands B37 6NJ3
£250K02/230.22 mi30, Wheeley Moor Road, Birmingham, West Midlands B37 6LE3
£240K08/210.22 mi46, Wheeley Moor Road, Birmingham, West Midlands B37 6LE3
£193K01/210.22 mi24, Wheeley Moor Road, Birmingham, West Midlands B37 6LE3
£230K09/210.22 mi164, Cooks Lane, Birmingham, West Midlands B37 6NP3
£215K04/210.22 mi168, Cooks Lane, Birmingham, West Midlands B37 6NP3
£260K10/200.22 mi146, Cooks Lane, Birmingham, West Midlands B37 6NP3
£250K07/200.22 mi154, Cooks Lane, Birmingham, West Midlands B37 6NP3
£180K11/200.22 mi206, Cooks Lane, Birmingham, West Midlands B37 6NP3
£185K08/230.22 mi186, Cooks Lane, Birmingham, West Midlands B37 6NP3
£160K01/210.24 mi28, Denise Drive, Kingshurst, Birmingham, West Midlands B37 6NN3
£395K12/220.24 mi166, Cooks Lane, Birmingham, West Midlands B37 6NP3
£230K09/200.24 mi127, Cooks Lane, Birmingham, West Midlands B37 6NU3
£190K11/210.24 mi1, Tile Grove, Kingshurst, Birmingham, West Midlands B37 6LD3
£156.8K12/200.25 mi2, Chilvers Grove, Birmingham, West Midlands B37 6EJ3
£238K05/230.25 mi45, Moxhull Road, Kingshurst, Birmingham, West Midlands B37 6LJ3
£240K06/210.25 mi55, Moxhull Road, Kingshurst, Birmingham, West Midlands B37 6LJ3
£205K09/200.25 mi59, Moxhull Road, Kingshurst, Birmingham, West Midlands B37 6LJ3
£217.5K06/210.25 mi53, Moxhull Road, Kingshurst, Birmingham, West Midlands B37 6LJ3
£167K11/200.28 mi38, Dunton Road, Kingshurst, Birmingham, West Midlands B37 6JN3
£158K03/210.3 mi61, Kingshurst Way, Birmingham, West Midlands B37 6DF3
£155K04/210.3 mi100, Over Green Drive, Birmingham, West Midlands B37 6ES3
£220K04/210.3 mi203, Meriden Drive, Birmingham, West Midlands B37 6BU3
£205K12/220.3 mi87, Over Green Drive, Kingshurst, Birmingham, West Midlands B37 6ES3

Local Rents

21 rents from £775/mo to £2.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.06 miOakthorpe Drive, BIRMINGHAM3
£1,20012/230.13 mi-3
£1,20012/230.13 mi-3
£1,10010/240.25 mi-3
£1,05009/230.3 mi-3
£1,35012/240.33 mi-3
£1,10012/240.4 mi-3
£1,10012/240.4 mi-3
£1,30012/240.42 mi-3
£1,70012/240.47 mi-3
£1,15012/240.5 miFalkland Way, B363
£97510/230.5 mi-3
£1,20011/240.52 mi-3
£2,86510/230.53 mi-3
£2,86510/230.53 mi-3
£1,50012/240.54 mi-3
£1,40011/240.54 mi-3
£77509/230.6 mi-3
£1,80001/250.6 mi-3
£2,90001/250.6 mi-3
£90012/240.62 miPerch Avenue, Chelmsley Wood 3

Local Area Statistics

Population in B37

35,871

Population in Birmingham

1,034,821

Town centre distance

5.74 miles away

Nearest school

0.10 miles away

Nearest train station

1.63 miles away

 

 

Rental growth (12m)

+71%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £180,000

January 3, 2025

Floor Plans

Description

  • Mid Terrace Family Home +
  • Three Bedrooms +
  • Gas Central Heating +
  • Double Glazing +
  • Enclosed Rear Garden +
  • Close To Local Amenities +
  • Close To Local Schools +

The Property
Purplebricks are pleased to offer for sale this mid terrace family home to be sold with no chain and located close to local schools and amenities.
The property comprises of entrance hall, lounge, kitchen, three bedrooms and a family bathroom. In addition there is gas central heating and double glazing.
Externally you have a front garden and an enclosed rear garden.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Birmingham

024 7542 7306

Next Steps?

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