2 Bed Flat, Single Let, Birmingham, B17 0SB, £150,000
Arosa Drive, Birmingham, West Midlands, B17 0SB - 4 views - 3 months ago
Leasehold
BTL
ROI: 3%
~68 m²





+5 photos
ValuationUndervalued
Sold Prices | £80K - £235K |
Sold Prices/m² | £1.8K/m² - £4.9K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.2K/m² |
Value Estimate | £187,500 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £37,500 |
Stamp Duty & Legal Fees | £5,700 |
Total Cash In | £43,200 |
| |
Cash Out | |
Rent Range | £750 - £1,443 |
Rent Estimate | £750 |
Running Costs/mo | £639 |
Cashflow/mo | £111 |
Cashflow/yr | £1,335 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
25 sold prices from £80K to £235K, average is £150K. £1.8K/m² to £4.9K/m², average is £2.9K/m².
Local Rents
50 rents from £750/mo to £1.4K/mo, average is £1.1K/mo.
Local Area Statistics
Population in B17 | 25,625 |
Population in Birmingham | 1,034,821 |
Town centre distance | 3.49 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 0.96 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +14% |
Sales demand | Balanced market |
Capital growth (5yrs) | -2% |
Property History
Listed for £150,000
January 17, 2025
Floor Plans

Description
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