4 Bed Semi-Detached House, Refurb/BRRR, Birmingham, B33 8ER, £190,000

Lea Hall Road, Birmingham, West Midlands, B33 8ER - 97 views - 3 months ago

Refurb/BRRR

~129 m²

+5 photos

ValuationFair Value

Sold Prices	£80K - £499.9K
Sold Prices/m²	£1.2K/m² - £3.5K/m²

Square Metres	~129.26 m²
Price/m²	£1.5K/m²
Value Estimate	£191,900£191,900

End Value (After Refurb)	£307,370£307,370
Uplift in Value	+62%+62%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£47,500£47,500
Stamp Duty & Legal Fees	£6,900£6,900
Refurb Costs	£51,147£51,147
Bridging Loan Interest	£4,988£4,988
Total Cash In	£112,284£112,284

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£307,370£307,370
Agent Fees (1%)	£3,074£3,074
Bridging Loan	£142,500£142,500
Bridging Loan Interest	£4,988£4,988
Flip Profit	£49,512£49,512

Local Sold Prices

36 sold prices from £80K to £499.9K, average is £265K. £1.2K/m² to £3.5K/m², average is £2.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£225K	12/22	0.05 mi	10, Passfield Road, Birmingham, West Midlands B33 8EU	-	-	4	Semi-Detached House
£235K	02/21	0.27 mi	137, Westacre Gardens, Stechford, Birmingham, West Midlands B33 8RH	£2,217	106	4	Semi-Detached House
£305K	03/22	0.31 mi	20, Norris Drive, Birmingham, West Midlands B33 8DX	£3,050	100	4	Detached House
£247K	03/21	0.36 mi	132, Manor Road, Stechford, Birmingham, West Midlands B33 8EQ	£1,658	149	4	Semi-Detached House
£182K	06/21	0.42 mi	28, Masham Close, Birmingham, West Midlands B33 8DY	£1,802	101	4	Terraced House
£226K	08/21	0.42 mi	194, Meadway, Birmingham, West Midlands B33 8NA	-	-	4	Semi-Detached House
£420K	02/21	0.44 mi	538, Church Road, Yardley, Birmingham, West Midlands B33 8HT	£2,819	149	4	Detached House
£349K	01/23	0.51 mi	14, Fairlawns, Birmingham, West Midlands B26 2DT	£3,525	99	4	Detached House
£201K	12/20	0.53 mi	60, Sheldon Heath Road, Birmingham, West Midlands B26 2DH	£3,000	67	4	Semi-Detached House
£200K	05/23	0.54 mi	66, Swancote Road, Birmingham, West Midlands B33 9JE	£2,784	72	4	Semi-Detached House
£205K	01/23	0.54 mi	55, Swancote Road, Birmingham, West Midlands B33 9JE	-	-	4	Semi-Detached House
£268K	07/21	0.6 mi	22, Sedgemere Road, Yardley, Birmingham, West Midlands B26 2AT	-	-	4	Semi-Detached House
£300K	04/21	0.62 mi	382, Station Road, Stechford, Birmingham, West Midlands B33 8SA	£2,041	147	4	Semi-Detached House
£266K	11/22	0.64 mi	114, Middle Leaford, Birmingham, West Midlands B34 6HA	£2,486	107	4	Detached House
£185K	02/21	0.66 mi	16, Greetville Close, Birmingham, West Midlands B34 6ER	£2,151	86	4	Semi-Detached House
£325K	06/23	0.71 mi	55, Manor Gardens, Birmingham, West Midlands B33 8PS	£3,283	99	4	Detached House
£194K	03/21	0.71 mi	66, Yockleton Road, Birmingham, West Midlands B33 0EQ	£2,000	97	4	Semi-Detached House
£270K	01/21	0.73 mi	263, Stoney Lane, Yardley, Birmingham, West Midlands B25 8YG	£1,617	167	4	Detached House
£400K	01/23	0.76 mi	34, Blakesley Road, Yardley, Birmingham, West Midlands B25 8XU	-	-	4	Semi-Detached House
£499.9K	03/21	0.76 mi	23, Blakesley Road, Yardley, Birmingham, West Midlands B25 8XU	£3,012	166	4	Semi-Detached House
£80K	03/23	0.77 mi	163, Albert Road, Stechford, Birmingham, West Midlands B33 8UB	£1,179	68	4	Terraced House
£308K	10/23	0.8 mi	162, Albert Road, Stechford, Birmingham, West Midlands B33 8UE	£1,833	168	4	Terraced House
£328K	03/23	0.81 mi	114, Gleneagles Road, Birmingham, West Midlands B26 2JG	£3,035	108	4	Semi-Detached House
£300K	03/23	0.81 mi	142, Albert Road, Stechford, Birmingham, West Midlands B33 8UA	-	-	4	Semi-Detached House
£200K	09/23	0.83 mi	61, Albert Road, Stechford, Birmingham, West Midlands B33 8AG	-	-	4	Semi-Detached House
£222K	02/21	0.84 mi	5, Homestead Road, Birmingham, West Midlands B33 0US	£2,018	110	4	Terraced House
£350K	08/22	0.85 mi	337, Church Road, Yardley, Birmingham, West Midlands B25 8XR	£3,097	113	4	Detached House
£265K	06/23	0.86 mi	16, Ashdale Grove, Yardley, Birmingham, West Midlands B26 2JE	£2,789	95	4	Semi-Detached House
£292K	05/21	0.9 mi	8, Maryland Avenue, Birmingham, West Midlands B34 6EG	-	-	4	Semi-Detached House
£200K	06/21	0.9 mi	16, Embleton Grove, Birmingham, West Midlands B34 6HS	£2,041	98	4	Semi-Detached House
£280K	06/23	0.93 mi	66, Stechford Road, Birmingham, West Midlands B34 6BH	-	-	4	Terraced House
£218K	11/20	0.94 mi	57, Duncroft Road, Yardley, Birmingham, West Midlands B26 2JA	£1,863	117	4	Semi-Detached House
£301.5K	11/22	0.95 mi	6, Hodge Hill Road, Birmingham, West Midlands B34 6DU	£3,313	91	4	Semi-Detached House
£259K	02/21	0.97 mi	9, Stanton Grove, Birmingham, West Midlands B26 2LH	£2,815	92	4	Semi-Detached House
£265K	10/21	0.99 mi	12, Cockshut Hill, Birmingham, West Midlands B26 2JH	£2,454	108	4	Semi-Detached House
£197K	12/20	1 mi	11, Bonham Grove, Birmingham, West Midlands B25 8RX	£2,052	96	4	Semi-Detached House

Local Rents

27 rents from £725/mo to £3.2K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,150	12/24	0.15 mi	South Roundhay, BIRMINGHAM	3	Flat
£1,250	12/24	0.16 mi	-	3	Terraced House
£1,400	03/25	0.29 mi	-	3	Semi-Detached House
£1,100	01/24	0.3 mi	-	3	Semi-Detached House
£1,000	04/25	0.31 mi	-	3	Terraced House
£1,400	03/25	0.33 mi	-	3	Semi-Detached House
£1,300	12/24	0.37 mi	-	3	Terraced House
£1,250	11/24	0.37 mi	-	3	Terraced House
£1,050	03/24	0.38 mi	-	3	Semi-Detached House
£1,050	11/24	0.38 mi	-	3	Semi-Detached House
£1,050	12/24	0.38 mi	Garwood Road, Birmingham, B26	3	Detached House
£950	12/24	0.41 mi	Lea Hall Road, Birmingham, B33 8JX	3	Flat
£1,200	03/25	0.43 mi	-	3	Terraced House
£1,400	04/25	0.48 mi	-	3	Detached House
£1,200	12/24	0.48 mi	Bordesley Green East, Stechford, B33 8RU	3	Flat
£1,150	12/24	0.55 mi	Shaw Drive, Yardley.	3	Terraced House
£1,500	12/24	0.55 mi	Olton Cottage, Yardley, B33	4	Flat
£1,300	12/24	0.55 mi	Ivy house, Yardley, B33	3	Flat
£1,200	01/25	0.55 mi	-	3	Terraced House
£1,300	12/24	0.58 mi	Mirfield Road, Stechford, B33	3	Terraced House
£1,300	12/24	0.59 mi	-	3	Terraced House
£1,300	12/24	0.59 mi	-	3	Terraced House
£3,200	02/24	0.61 mi	-	3	Flat
£1,200	03/25	0.62 mi	-	3	Terraced House
£725	12/24	0.62 mi	Station Road, Stechford, Birmingham	3	Flat
£1,050	03/24	0.62 mi	-	3	Semi-Detached House
£1,050	12/24	0.62 mi	Kitts Green Road, Birmingham, B33	3	Detached House

Local Area Statistics

Population in B33	34,42034,420
Population in Birmingham	1,034,8211,034,821
Town centre distance	3.78 miles away3.78 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.42 miles away0.42 miles away

Rental growth (12m)	+32%+32%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+49%+49%

Property History

Listed for £190,000

January 27, 2025

Floor Plans

Description

Semi Detached +
Four Bedrooms +
Two Reception Rooms +
Kitchen +
Bathroom +
Lean Too +
In Need Of Updating +
Front and Rear Gardens +

NO UPWARD CHAIN IN NEED OF UPDATING **
Call now to view this semi-detached property on Lea Hall Road, Lea Hall. Offered with no upward chain and in need of updating early viewing is essential. Situated close to local schools, shops and transport links. Briefly comprising hallway, lounge, dining room, kitchen, bathroom and lean too. To the first floor four bedrooms. Also benefitting from front and rear gardens. In need of updating. Call now.

Agent Details

Dixons, Yardley

0121 387 6293

Next Steps?

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

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