4 Bed Terraced House, Planning Permission, Birmingham, B12 8NB, £220,000

Kingsley Road, BIRMINGHAM, West Midlands, B12 8NB - 5 views - 2 months ago

Sold STC
Planning
ROI: 6%
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£140K - £775K
Sold Prices/m²£927/m² - £5.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.7K/m²

Value Estimate

£226,600
BMV3%

 

 

End Value (After Refurb)

£274,985

Uplift in Value

+25%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Refurb Costs

£51,159

Bridging Loan Interest

£5,775

Total Cash In

£121,484

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£274,985

Mortgage (After Refinance)

£206,239

Mortgage LTV

75%

Cash Released

£41,239

Cash Left In

£80,245

Equity

£68,746

Rent Range

£1,000 - £4,805

Rent Estimate

£1,826

Running Costs/mo

£1,245

Cashflow/mo

£581

Cashflow/yr

£6,978

ROI

6%

Gross Yield

10%

Local Sold Prices

39 sold prices from £140K to £775K, average is £297.8K. £927/m² to £5.1K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£225K01/230.05 mi82, Ombersley Road, Birmingham, West Midlands B12 8XB4
£225K07/220.05 mi78, Ombersley Road, Birmingham, West Midlands B12 8XB4
£255K09/210.35 mi252, Stratford Road, Sparkhill, Birmingham, West Midlands B11 1AD4
£275K06/220.42 mi9, Chesterton Road, Birmingham, West Midlands B12 8HL4
£255K07/220.44 mi9, Whitby Road, Birmingham, West Midlands B12 8QA4
£235K10/200.51 mi29, Edgbaston Road East, Birmingham, West Midlands B12 9QQ4
£353K12/220.55 mi51, Chestnut Road, Birmingham, West Midlands B13 9AJ4
£360K04/230.58 mi4, Chestnut Road, Birmingham, West Midlands B13 9AH4
£246.5K01/210.59 mi79, Stanhope Street, Birmingham, West Midlands B12 0UX4
£297.8K05/230.66 mi81, Jakeman Road, Birmingham, West Midlands B12 9NU4
£318K07/220.72 mi20, Vaughton Street, Birmingham, West Midlands B12 0SS4
£322K12/210.74 mi85, Doris Road, Sparkhill, Birmingham, West Midlands B11 4ND4
£316K08/220.75 mi8, Harbury Road, Birmingham, West Midlands B12 9NQ4
£470K09/210.75 mi76, Sandford Road, Birmingham, West Midlands B13 9BS4
£336K08/220.76 mi37, Willows Crescent, Birmingham, West Midlands B12 9NS4
£140K06/220.79 mi48, Eastwood Road, Balsall Heath, Birmingham, West Midlands B12 9NB4
£224K10/200.8 mi22, Varden Croft, Birmingham, West Midlands B5 7LR4
£310K06/230.81 mi51, Willows Crescent, Birmingham, West Midlands B12 9NE4
£420K08/230.83 mi14, Speedwell Road, Birmingham, West Midlands B5 7PS4
£360K01/210.84 mi60, Anderton Park Road, Moseley, Birmingham, West Midlands B13 9DT4
£775K06/210.85 mi13, Russell Road, Moseley, Birmingham, West Midlands B13 8RA4
£175K12/200.87 mi92, Sandford Road, Birmingham, West Midlands B13 9BT4
£250K02/210.88 mi3, Croome Close, Sparkhill, Birmingham, West Midlands B11 4JG4
£250K03/210.88 mi18, Croome Close, Sparkhill, Birmingham, West Midlands B11 4JG4
£450K08/230.89 mi33, King Edward Road, Moseley, Birmingham, West Midlands B13 8HR4
£300K11/220.9 mi24, Raglan Road, Edgbaston, Birmingham, West Midlands B5 7RA4
£655K03/210.91 mi100, Salisbury Road, Moseley, Birmingham, West Midlands B13 8JY4
£265K07/220.91 mi7, Murrell Close, Birmingham, West Midlands B5 7NB4
£280K05/220.92 mi54, Dolphin Road, Sparkhill, Birmingham, West Midlands B11 3LR4
£406K05/210.93 mi5, Elm Bank, Moseley, Birmingham, West Midlands B13 9FF4
£227K04/210.93 mi57, Dolphin Road, Sparkhill, Birmingham, West Midlands B11 3LS4
£175K04/230.93 mi47, Hangleton Drive, Birmingham, West Midlands B11 2QD4
£460K08/220.97 mi21, Aboyne Close, Edgbaston, Birmingham, West Midlands B5 7PQ4
£195K07/210.98 mi63, Minster Drive, Birmingham, West Midlands B10 0LD4
£710K06/210.99 mi45, Moorcroft Road, Birmingham, West Midlands B13 8LT4
£303K02/230.99 mi98, Southacre Avenue, Birmingham, West Midlands B5 7DE4
£246K04/210.99 mi94, Southacre Avenue, Birmingham, West Midlands B5 7DE4
£645K04/210.99 mi61, Moorcroft Road, Birmingham, West Midlands B13 8LT4
£215K09/211 mi15, Ryland Road, Sparkhill, Birmingham, West Midlands B11 3NR4

Local Rents

51 rents from £1K/mo to £4.8K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,00012/240.04 miHereford Avenue, Woodfield Road, Birmingham3
£1,50011/240.22 mi-3
£1,30012/240.26 mi-3
£2,20001/240.34 mi-3
£2,20001/240.34 mi-3
£1,85012/240.36 mi-3
£1,60004/240.38 miGladstone Road, Sparkbrook, BIRMINGHAM6
£3,49502/250.41 mi-4
£1,98003/250.41 mi-3
£1,85012/240.41 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,20003/250.42 mi-3
£1,70012/240.43 miBird Close, Birmingham, B123
£1,95012/240.43 miBelgrave Middleway, Birmingham, B5 7LH3
£1,70002/240.43 mi-3
£1,70005/240.43 mi-3
£1,70003/240.43 mi-3
£1,70012/240.43 mi-3
£1,95012/240.43 mi£150 PPPW Belgrave Middleway, Birmingham, B12 9AP3
£4,80501/250.43 mi-3
£1,00011/240.43 mi-3
£1,20001/250.43 mi-3
£1,95012/240.43 miBelgrave Middleway, Birmingham, B12 9AP3
£1,95012/240.44 mi£150 PPPW Belgrave Middleway, Birmingham, B12 9AP3
£1,95012/240.44 miBelgrave Middleway, Birmingham, B12 9AP3
£1,70003/240.44 mi-3
£1,50002/250.44 mi-3
£1,85012/240.44 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,85012/240.44 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,85012/240.44 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,85012/240.44 miAVAILABLE IMMEDIATELY! £142.31 Parkes Avenue, B12 9AW. Available on 24 January 20243
£1,85012/240.44 miAVAILABLE IMMEDIATELY! Parkes Avenue, B12 9AW3
£1,85012/240.44 miAVAILABLE IMMEDIATELY! £142.31 PPPW Parkes Avenue, B12 9AW. Available on Mid January 20243
£1,85012/240.44 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,85012/240.45 miBird Close, Birmingham, B123
£1,85005/240.45 mi-3
£1,90012/240.45 miBelgrave Village, Bird Close, Birmingham, B123
£1,85012/240.46 miParkes Avenue, Balsall Heath3
£1,85012/240.46 miParks Avenue, Birmingham, B123
£1,60012/240.46 miParkes Avenue, Belgrave Village, Birmingham3
£1,75012/240.46 miParkes Avenue, Belgrave Village, Birmingham3
£1,85012/240.47 miParkes Avenue, Birmingham, B123
£1,85004/240.47 mi-3
£2,20012/240.47 mi-4
£3,00012/240.47 mi-3
£2,20012/240.47 mi-4
£3,30002/250.47 mi-3
£1,70003/250.51 mi-6
£1,80003/240.53 mi-5
£1,60012/240.53 miGeorge Street, Balsall Heath, Birmingham4
£1,75012/240.53 miLincoln Street, Balsall Heath4
£1,60003/240.55 miAnderton Road, Birmingham, B116

Local Area Statistics

Population in B12

20,547

Population in Birmingham

1,034,821

Town centre distance

0.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+49%

Sales demand

Buyer's market

Capital growth (5yrs)

+28%

Property History

Listed for £220,000

January 23, 2025

Floor Plans

Description

Dixons are pleased to offer for sale this mid-terrace family home located on a quiet residential road in a popular area of Balsall Heath close to all of the amenities offered on Ladypool Road & Moseley Road including local shops, restaurants, cafes, schools, parks and major transport links to the City Centre and beyond.

The accommodation on offer briefly consists of porch, entrance hallway, two reception rooms, fitted kitchen with pantry storage and a downstairs family bathroom. On the first floor are three bedrooms and a separate w/c whilst the loft has been converted into a further useable room.

The property further benefits from gas central heating and double glazing (both where specified) along with a courtyard to the front and a rear garden.

The property also offers the potential for future extension to the rear (subject to the relevant planning permissions).

Call Dixons Moseley on to arrange your viewing and to avoid disappointment.

Council Tax Band B = £1,620.70

Agent Details

Dixons, Moseley

0121 387 6278

Next Steps?

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