3 Bed Terraced House, Single Let, Birmingham, B34 6RA, £190,000

Moorfield Road, Shard End, B34 6RA - 4 views - 3 months ago

BTL
ROI: 5%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£58.5K - £337.5K
Sold Prices/m²£920/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£240,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£7,200

Total Cash In

£54,700

 

 

Cash Out

 

Rent Range

£995 - £2,900

Rent Estimate

£1,075

Running Costs/mo

£829

Cashflow/mo

£246

Cashflow/yr

£2,955

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £58.5K to £337.5K, average is £230K. £920/m² to £3.8K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£145K04/210.06 mi416, Heath Way, Birmingham, West Midlands B34 6QB3
£165K02/210.06 mi408, Heath Way, Birmingham, West Midlands B34 6QB3
£165K09/210.11 mi30, Cat Lane, Birmingham, West Midlands B34 6PY3
£174K11/200.11 mi21, Little Heath Croft, Birmingham, West Midlands B34 6QA3
£230K08/230.13 mi72, Brook Meadow Road, Birmingham, West Midlands B34 6QP3
£182.5K07/230.17 mi7, Ankermoor Close, Birmingham, West Midlands B34 6TF3
£167K03/210.18 mi11, Lingfield Gardens, Birmingham, West Midlands B34 6TQ3
£208K10/220.18 mi120, Brook Meadow Road, Birmingham, West Midlands B34 6QR3
£195K09/210.2 mi3, Fennel Croft, Birmingham, West Midlands B34 6SR3
£210K01/230.21 mi150, Brook Meadow Road, Birmingham, West Midlands B34 6QR3
£80K03/210.21 mi52, Buckland End, Birmingham, West Midlands B34 6NE3
£200K04/230.23 mi80, Hernefield Road, Birmingham, West Midlands B34 6PN3
£166K12/200.3 mi149, Hernefield Road, Birmingham, West Midlands B34 6PG3
£215K08/230.31 mi71, Heathland Avenue, Birmingham, West Midlands B34 6LT3
£255K11/220.31 mi55, Heathland Avenue, Birmingham, West Midlands B34 6LT3
£255K11/200.31 mi59, Heathland Avenue, Birmingham, West Midlands B34 6LT3
£231K08/210.31 mi51, Heathland Avenue, Birmingham, West Midlands B34 6LT3
£311K12/200.31 mi232, Bradford Road, Birmingham, West Midlands B36 9AA3
£190K06/210.31 mi29, Glascote Grove, Birmingham, West Midlands B34 6SD3
£265K07/220.32 mi2, Rivermead Park, Birmingham, West Midlands B34 6HH3
£337.5K10/230.32 mi51, Chestnut Drive, Castle Bromwich, Birmingham, West Midlands B36 9BH3
£280K06/210.32 mi37, Chestnut Drive, Castle Bromwich, Birmingham, West Midlands B36 9BH3
£277K09/210.32 mi57, Chestnut Drive, Castle Bromwich, Birmingham, West Midlands B36 9BH3
£215K10/230.32 mi107, Chestnut Drive, Castle Bromwich, Birmingham, West Midlands B36 9BH3
£133K09/230.32 mi151, Darley Avenue, Birmingham, West Midlands B34 6JN3
£195K06/210.32 mi26, Flamborough Close, Birmingham, West Midlands B34 6LX3
£170K07/210.33 mi29, Appledorne Gardens, Birmingham, West Midlands B34 6TN3
£267.5K03/210.33 mi82, Woodford Avenue, Birmingham, West Midlands B36 9AU3
£265K10/220.33 mi2, Moat Drive, Buckland End, Birmingham, West Midlands B34 6HF3
£110.3K03/210.33 mi12, Moat Drive, Buckland End, Birmingham, West Midlands B34 6HF3
£175K01/210.34 mi9, Flamborough Close, Birmingham, West Midlands B34 6LY3
£210K05/230.36 mi166, Old Croft Lane, Birmingham, West Midlands B34 7BX3
£310K06/230.36 mi52, Woodford Avenue, Birmingham, West Midlands B36 9BG3
£267.5K02/210.36 mi15, Woodford Avenue, Birmingham, West Midlands B36 9BG3
£290K07/230.36 mi72, Woodford Avenue, Birmingham, West Midlands B36 9BG3
£271K02/210.36 mi52, Woodford Avenue, Birmingham, West Midlands B36 9BG3
£205K04/210.36 mi25, Rivermead Park, Birmingham, West Midlands B34 6HH3
£280K02/210.38 mi28, Ringmere Avenue, Birmingham, West Midlands B36 9AT3
£331.5K01/210.38 mi9, Ringmere Avenue, Birmingham, West Midlands B36 9AT3
£280K04/230.38 mi25, Ringmere Avenue, Birmingham, West Midlands B36 9AT3
£302K11/220.39 mi32, Ringmere Avenue, Birmingham, West Midlands B36 9AT3
£58.5K12/220.4 mi14, Teesdale Avenue, Birmingham, West Midlands B34 6JG3
£230K03/210.4 mi16, Teesdale Avenue, Birmingham, West Midlands B34 6JG3
£215K03/210.4 mi151, Cole Hall Lane, Birmingham, West Midlands B34 6EX3
£317.5K04/210.4 mi83, Southfield Avenue, Castle Bromwich, Birmingham, West Midlands B36 9AX3
£260.3K03/210.4 mi46, Southfield Avenue, Castle Bromwich, Birmingham, West Midlands B36 9AX3
£317.5K04/210.4 mi83, Southfield Avenue, Castle Bromwich, Birmingham, West Midlands B36 9AX3
£286K06/210.4 mi47, Southfield Avenue, Castle Bromwich, Birmingham, West Midlands B36 9AX3
£235K09/210.4 mi19, Teesdale Avenue, Birmingham, West Midlands B34 6JQ3
£287K06/210.4 mi69, Southfield Avenue, Castle Bromwich, Birmingham, West Midlands B36 9AX3

Local Rents

17 rents from £995/mo to £2.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.06 miSchoolacre Road, BIRMINGHAM3
£1,55010/230.24 mi-3
£1,50003/250.34 mi-3
£1,20012/240.4 miHeath Way, BIRMINGHAM3
£1,50004/250.41 mi-3
£99512/240.44 miDarley Avenue, BIRMINGHAM3
£1,30012/240.45 mi-3
£1,30012/240.45 mi-3
£1,30002/250.45 mi-3
£1,30004/250.45 mi-3
£1,20012/240.46 miShard End Crescent, BIRMINGHAM3
£1,45011/240.47 mi-3
£2,90003/240.49 mi-3
£1,10003/240.53 mi-3
£1,20012/240.58 miTimberley Lane, Shard End, Birmingham3
£1,00010/230.6 mi-3
£1,20008/230.61 mi-3

Local Area Statistics

Population in B34

18,941

Population in Birmingham

1,034,821

Town centre distance

4.58 miles away

Nearest school

0.20 miles away

Nearest train station

1.28 miles away

 

 

Rental growth (12m)

+31%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Price changed to £190,000

February 16, 2025

Listed for £200,000

January 22, 2025

Floor Plans

Description

  • IDEAL FIRST TIME BUYER HOME +
  • THREE BEDROOMS +
  • SPACIOUS KITCHEN +
  • DUAL ASPECT LOUNGE +
  • GENEROUS HALLWAY +
  • IDEAL LOCATION +
  • REAR GARDEN +
  • DON'T MISS OUT +

*DRAFT DETAILS AWAITING VENDOR APPROVAL

Are you a first time buyer looking for your first home or an investor looking for an opportunity. If so this is one home you don't want to miss out on. Spacious living with generous hallway, spacious dual aspect living room, breakfast kitchen, three bedrooms with family bathroom. Located 0.2 mile from Brookmeadow public open space park and gardens, 0.5 mile from local shops and amenities and good transport links, if you want to call this home ring Green and Company on to arrange your viewing. 

Lawn graces the front of the property and access into hallway. 

HALL Is of a spacious nature with stairs to first floor, utilities cupboard, doors to kitchen and lounge and blinds to windows. 

LOUNGE 22' 1" x 10' 8" (6.73m x 3.25m) With bay window to front with blinds, french doors with blinds to rear, two radiators, feature fireplace. 

KITCHEN 14' 1" x 10' 8"max (4.29m x 3.25m) With range cooker, selection of wall and base units, window to rear, doors to rear, understairs storage, radiator, stainless steel splashback and extractor, integrated dishwasher and tiled splashback. 

FIRST FLOOR  

LANDING With doors to bedrooms, bathroom, WC and airing cupboard. 

BEDROOM ONE 12' 11" x 10' 1" (3.94m x 3.07m) With window to front, blinds, radiator. 

BEDROOM TWO 11' 7" x 10' 10" max (3.53m x 3.3m) With window to front with blinds, radiator. 

BEDROOM THREE 10' 9" x 7' 4" (3.28m x 2.24m) With window to rear, blinds, radiator. 

BATHROOM Benefits tiled floor and walls, bath, electric shower, sink, radiator and window to rear. 

WC Has tiled floor and walls. 

GARDEN Has fenced boundaries, patio area and lawn. 

Council Tax Band A Birmingham City Council

Predicted mobile phone coverage and broadband services at the property.
Mobile coverage - voice likely available for Three, limited for EE, O2, Vodafone and data likely available for Three, limited for EE, O2, Vodafone
Broadband coverage - Broadband Type = Standard Highest available download speed 16 Mbps. Highest available upload speed 1Mbps.
Broadband Type = Superfast Highest available download speed 68 Mbps. Highest available upload speed 20Mbps.
Broadband Type = Ultrafast Highest available download speed 1800 Mbps. Highest available upload speed 220Mbps.
Networks in your area - Openreach, Virgin Media

The mobile and broadband information above has been obtained from the Mobile and Broadband checker - Ofcom website.

Sellers are asked to complete a Property Information Questionnaire for the benefit of buyers. This questionnaire provides further information and declares any material facts that may affect your decision to view or purchase the property. This document will be available on request.

Looking to make an offer? We are committed to finding the right buyer for the right property and try to do everything we can from the outset to ensure the sales we agree, subject to contract, will proceed to completion of contracts within a fair time frame that meets all parties' expectations. At one point during the offer negotiations, one of our branch-based mortgage advisers will call to financially qualify your offer. We recommend that you take this advice before making an offer.

BUYERS COMPLIANCE ADMINISTRATION FEE: in accordance with the Money Laundering Regulations 2007, Estate Agents are required to carry out due diligence on all clients to confirm their identity, including eventual buyers of a property. Green and Company use an electronic verification system to verify Clients' identity. This is not a credit check, so it will have no effect on credit history. By placing an offer on a property, you agree (all buyers) that if the offer is accepted, subject to contract, we, as Agents for the seller, can complete this check for a fee of £25 plus VAT (£30 inc VAT), which is non-refundable under any circumstance. A record of the search will be retained securely by Green and Company within the electronic property file of the relevant property.

FIXTURES AND FITTINGS as per sales particulars.

TENURE
The Agent understands that the property is freehold. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.

GREEN AND COMPANY has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitor or Surveyor. Please note that all measurements are approximate.

If you require the full EPC certificate direct to your email address please contact the sales branch marketing this property and they will email the EPC certificate to you in a PDF format

*Please note that on occasion the EPC may not be available due to reasons beyond our control, the Regulations state that the EPC must be presented within 21 days of initial marketing of the property. Therefore we recommend that you regularly monitor our website or email us for updates. Please feel free to relay this to your Solicitor or License Conveyor.

WANT TO SELL YOUR OWN PROPERTY?
CONTACT YOUR LOCAL GREEN & COMPANY BRANCH ON

Agent Details

Green & Company, Castle Bromwich

0121 387 6556

Next Steps?

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