3 Bed Semi-Detached House, Single Let, Birmingham, B32 3RA, £215,000

108 Woodgate Lane, Birmingham, B32 3RA - 2 views - 3 months ago

Sold STC
BTL
ROI: 3%
68 m²
+5 photos

ValuationOvervalued

Sold Prices£70K - £307K
Sold Prices/m²£884/m² - £4.2K/m²

 

 

Square Metres

68 m²
Price/m²£3.2K/m²

Value Estimate

£186,722

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Total Cash In

£61,400

 

 

Cash Out

 

Rent Range

£1,000 - £1,650

Rent Estimate

£1,038

Running Costs/mo

£899

Cashflow/mo

£139

Cashflow/yr

£1,662

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £307K, average is £220K. £884/m² to £4.2K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£180K04/210.01 mi96, Woodgate Lane, Birmingham, West Midlands B32 3RA3
£250K07/230.01 mi106, Woodgate Lane, Birmingham, West Midlands B32 3RA3
£281K08/220.12 mi12, Goffs Close, Birmingham, West Midlands B32 3XA3
£270K04/220.13 mi9, Primrose Woods, Birmingham, West Midlands B32 3RE3
£165K02/210.14 mi86, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LD3
£144K03/230.16 mi43, Fallow Walk, Birmingham, West Midlands B32 3UB3
£97K11/200.16 mi48, Fallow Walk, Birmingham, West Midlands B32 3UB3
£70K08/210.19 mi67, Woodgate Gardens, Birmingham, West Midlands B32 3UW3
£165K04/240.21 mi33, Lye Close Lane, Birmingham, West Midlands B32 3QS3
£225K03/210.21 mi244, Adams Hill, Birmingham, West Midlands B32 3PD3
£250K11/230.22 mi128, Clent View Road, Bartley Green, Birmingham, West Midlands B32 4LY3
£175K05/210.22 mi53, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AD3
£170K06/210.22 mi69, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AD3
£205K01/240.22 mi63, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AD3
£167K03/210.24 mi12, Elmcroft Avenue, Birmingham, West Midlands B32 4LZ3
£230K10/210.25 mi24, Heathy Farm Close, Birmingham, West Midlands B32 3PA3
£205.5K01/240.25 mi6, Smiths Close, Birmingham, West Midlands B32 3NZ3
£256K09/230.26 mi6, Lowfield Close, Halesowen, West Midlands B62 0EZ3
£228K12/200.26 mi3, Lowfield Close, Halesowen, West Midlands B62 0EZ3
£156K09/210.27 mi17, Woodgate Drive, Birmingham, West Midlands B32 4AE3
£165K05/210.27 mi27, Woodgate Drive, Birmingham, West Midlands B32 4AE3
£170K07/210.27 mi41, Woodgate Drive, Birmingham, West Midlands B32 4AE3
£225.5K02/230.29 mi154, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LR3
£230K01/230.29 mi25, Trimpley Road, Birmingham, West Midlands B32 3PE3
£202K02/240.31 mi90, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AJ3
£95K02/210.33 mi8, Flavell Close, Birmingham, West Midlands B32 3NY3
£230K09/210.33 mi5, Flavell Close, Birmingham, West Midlands B32 3NY3
£265K05/240.33 mi3, Flavell Close, Birmingham, West Midlands B32 3NY3
£243K12/200.33 mi4, Fernwoods, Birmingham, West Midlands B32 3RL3
£185K08/240.34 mi111, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AG3
£285K06/210.34 mi198, Carters Lane, Halesowen, West Midlands B62 0EP3
£225K06/210.35 mi145, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LG3
£245K02/230.35 mi85, Clent View Road, Bartley Green, Birmingham, West Midlands B32 4LU3
£185K07/210.35 mi49, Clent View Road, Bartley Green, Birmingham, West Midlands B32 4LU3
£188K11/230.35 mi5, Carmel Grove, Birmingham, West Midlands B32 3PL3
£263K10/210.37 mi57, Marshwood Croft, Halesowen, West Midlands B62 0EY3
£220K04/210.37 mi24, Marshwood Croft, Halesowen, West Midlands B62 0EY3
£295K07/210.37 mi3, Marshwood Croft, Halesowen, West Midlands B62 0EY3
£243K11/200.37 mi42, Marshwood Croft, Halesowen, West Midlands B62 0EY3
£227.5K01/240.37 mi65, Stanmore Grove, Halesowen, West Midlands B62 0HG3
£175K10/200.37 mi67, Stanmore Grove, Halesowen, West Midlands B62 0HG3
£287K06/210.37 mi1, Stanmore Grove, Halesowen, West Midlands B62 0HG3
£220K02/210.37 mi47, Stanmore Grove, Halesowen, West Midlands B62 0HG3
£238.5K06/210.37 mi37, Stanmore Grove, Halesowen, West Midlands B62 0HG3
£307K11/220.39 mi48, Marshwood Croft, Halesowen, West Midlands B62 0EY3
£192K07/230.39 mi224, Adams Hill, Birmingham, West Midlands B32 3PJ3
£198K12/200.42 mi4, Clent View Road, Bartley Green, Birmingham, West Midlands B32 4LN3
£215K01/230.43 mi201, Field Lane, Bartley Green, Birmingham, West Midlands B32 4HL3
£247.5K03/230.45 mi18, Hightree Close, Birmingham, West Midlands B32 3QP3
£178K07/210.47 mi214, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LS3

Local Rents

15 rents from £1K/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05003/250.18 mi-3
£1,15003/250.34 mi-3
£1,15004/250.34 mi-3
£1,10003/250.59 mi-3
£1,00012/240.64 miAmbleside, Bartley Green, B323
£1,00012/240.65 mi-3
£1,15012/240.85 miBigwood Drive, Birmingham, West Midlands, B323
£1,15012/240.85 miBigwood Drive, Birmingham, West Midlands, B323
£1,49512/240.94 mi-3
£1,30012/241 miDwellings Lane, Quinton3
£1,10003/251.13 mi-3
£1,40012/241.18 miWedgewood Road, Quinton, BIRMINGHAM3
£1,10012/241.2 miMiddle Meadow Avenue, Quinton3
£1,20003/251.21 mi-3
£1,65003/251.21 mi-3

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.73 miles away

Nearest school

0.40 miles away

Nearest train station

2.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £215,000

January 9, 2025

Floor Plans

Description

  • Entrance hall +
  • Off road parking +
  • Lounge +
  • Open plan dining area +
  • Kitchen +
  • Extensive rear garden +
  • Three bedrooms +
  • Family bathroom +

A three bedroom semi detached home with off road parking, entrance hall, lounge, open plan dining area, kitchen, three bedrooms, family bathroom, extensive rear garden. DAG 15/10/24 V1 EPC=D

Approach - Via block paved driveway, door leading to double glazed porch with access to:

Entrance Hall - Central heating radiator, stairs to first floor accommodation, storage cupboard housing gas meter, door to lounge.

Lounge - 4.1 max 3.4 min - Open plan entrance to dining room.

Dining Room - 3.2 x 3.3 - Double glazed leaded patio door to rear conservatory, central heating radiator.

Kitchen - 3.3 x 1.8 - Double glazed window to rear, Belfast sink with mixer tap, wall and base units with roll top work surfaces over, plumbing for washing machine, central heating boiler, gas hob with extractor hood, electric oven, display cabinet, under stairs storage housing electric consumer unit, ceramic tiled flooring.

Conservatory - 2.5 x 2.7 - Double glazed French doors to rear, windows to side.

First Floor Landing - Window to side, doors radiating to:

Bedroom One - 3.3 x 3.2 max into wardrobes 2.8 min - Leaded window to rear, wooden panelling to walls, fitted wardrobes.

Bedroom Two - 2.9 x 2.6 min 3.3 max - Double glazed window to front, central heating radiator.

Bedroom Three - 2.1 x 2.4 - Double glazed leaded window to front, central heating radiator, wood effect laminate flooring.

Bathroom - Double glazed obscured window to rear, bath, electric shower over, pedestal wash hand basin w.c., tiling to walls, central heating radiator, part wooden panelling to walls.

Garden - Having patio area, extensive lawn area, mature borders, outside tap and store.

Tenure - References to the tenure of a property are based on information supplied by the seller. We are advised that the property is freehold. A buyer is advised to obtain verification from their solicitor.

Council Tax Banding - Tax Band is C

Money Laundering Regulations - In order to comply with Money Laundering Regulations, from June 2017, all prospective purchasers are required to provide the following - 1. Satisfactory photographic identification. 2. Proof of address/residency. 3. Verification of the source of purchase funds. In the absence of being able to provide appropriate physical copies of the above, Grove Properties Group reserves the right to obtain electronic verification.

Referral Fees - We can confirm that if we are sourcing a quotation or quotations on your behalf relevant to the costs that you are likely to incur for the professional handling of the conveyancing process. You should be aware that we could receive a maximum referral fee of approximately £175 should you decide to proceed with the engagement of the solicitor in question. We are informed that solicitors are happy to pay this referral fee to ourselves as your agent as it significantly reduces the marketing costs that they have to allocate to sourcing new business. The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.

We can also confirm that if we have provided your details to Infinity Financial Advice who we are confident are well placed to provide you with the very best possible advice relevant to your borrowing requirements. You should be aware that we receive a referral fee from Infinity for recommending their services. The charges that you will incur with them and all the products that they introduce to you will in no way be affected by this referral fee. On average the referral fees that we have received recently are £218 per case.

The same also applies if we have introduced you to the services of our panel of surveyors who we are confident will provide you with a first class service relevant to your property needs. We will again receive a referral fee equivalent to 10% of the fee that you pay capped at £200.00 This referral fee does not impact the actual fee that you would pay had you approached any of the panel of surveyors directly as it is paid to us as an intermediary on the basis that we save them significant marketing expenditure in so doing. If you have any queries regarding the above, please feel free to contact us.

Agent Details

Grove Properties Group, Halesowen

0121 387 6358

Next Steps?

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