This property was removed from Dealsourcr.
5 Bed HMO, Birmingham, B29 6EJ £410,000
ValuationUndervalued
| Sold Prices | £228K - £900K |
| Sold Prices/m² | £1.8K/m² - £5.4K/m² |
| |
Square Metres | ~178.28 m² |
| Price/m² | £2.3K/m² |
Value Estimate | £420,000 |
| |
End Value (After Refurb) | £596,088 |
Uplift in Value | +42% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £102,500 |
Stamp Duty & Legal Fees | £22,300 |
Refurb Costs | £70,614 |
Bridging Loan Interest | £10,763 |
Total Cash In | £207,926 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £596,088 |
Agent Fees (1%) | £5,961 |
Bridging Loan | £307,500 |
Bridging Loan Interest | £10,763 |
Flip Profit | £74,701 |
Local Sold Prices
30 sold prices from £228K to £900K, average is £595K. £1.8K/m² to £5.4K/m², average is £3.4K/m².
Local Area Statistics
Population in B29 | 42,512 |
Population in Birmingham | 1,034,821 |
Town centre distance | 2.78 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.13 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -56% |
Sales demand | Seller's market |
Capital growth (5yrs) | +30% |
Property History
Price changed to £410,000
June 4, 2025
Listed for £420,000
January 17, 2025
Description
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