3 Bed Semi-Detached House, Single Let, Birmingham, B34 7AS, £215,000

The Timber Way, BIRMINGHAM, B34 7AS - 3 views - 3 months ago

Leasehold
BTL
ROI: 5%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£123.8K - £291K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£198,078

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,800

Total Cash In

£61,550

 

 

Cash Out

 

Rent Range

£1,100 - £3,000

Rent Estimate

£1,200

Running Costs/mo

£932

Cashflow/mo

£268

Cashflow/yr

£3,218

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £123.8K to £291K, average is £204.5K. £1.2K/m² to £3.3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£184K04/210 mi19, The Timber Way, Birmingham, West Midlands B34 7AS3
£226K10/210.1 mi27, Coneyford Road, Birmingham, West Midlands B34 7AY3
£255K10/210.1 mi49, Coneyford Road, Birmingham, West Midlands B34 7AY3
£210K09/230.1 mi59, Coneyford Road, Birmingham, West Midlands B34 7AY3
£164K11/220.1 mi78, Coneyford Road, Birmingham, West Midlands B34 7AX3
£291K10/220.13 mi227, Shard End Crescent, Birmingham, West Midlands B34 7RE3
£164K02/210.14 mi94, Shard End Crescent, Birmingham, West Midlands B34 7AD3
£166K01/230.15 mi15, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£216K04/230.15 mi67, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£200K04/230.15 mi19, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£234K06/230.15 mi43, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£210K07/210.17 mi434, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£210K07/210.17 mi434, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£158.5K10/200.17 mi390, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£230K02/230.17 mi372, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£210K07/210.17 mi434, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£180K06/210.17 mi404, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£170K07/210.21 mi29, Appledorne Gardens, Birmingham, West Midlands B34 6TN3
£123.8K08/210.23 mi38, Shard End Crescent, Birmingham, West Midlands B34 7AB3
£180K06/210.27 mi33, Bradley Road, Birmingham, West Midlands B34 7RL3
£190K01/210.27 mi25, Bradley Road, Birmingham, West Midlands B34 7RL3
£210K01/210.27 mi10, Tanglewood Close, Birmingham, West Midlands B34 7QX3
£210K05/230.28 mi166, Old Croft Lane, Birmingham, West Midlands B34 7BX3
£190K06/210.28 mi29, Glascote Grove, Birmingham, West Midlands B34 6SD3
£202K08/210.29 mi210, Packington Avenue, Birmingham, West Midlands B34 7RH3
£212K07/230.29 mi234, Packington Avenue, Birmingham, West Midlands B34 7RH3
£215K01/210.3 mi66, Nearmoor Road, Birmingham, West Midlands B34 7QD3
£250K11/210.31 mi25, Bramblewoods, Birmingham, West Midlands B34 7QZ3
£182.5K07/230.32 mi7, Ankermoor Close, Birmingham, West Midlands B34 6TF3
£270K10/220.32 mi104, Timberley Lane, Birmingham, West Midlands B34 7EN3
£207K04/230.32 mi66, Bradley Road, Birmingham, West Midlands B34 7RJ3
£225K04/210.33 mi164, Brownfield Road, Birmingham, West Midlands B34 7DX3
£167K03/210.34 mi11, Lingfield Gardens, Birmingham, West Midlands B34 6TQ3
£265K09/220.35 mi3, Thistledown Road, Birmingham, West Midlands B34 7EG3
£230K11/230.37 mi221, Brownfield Road, Birmingham, West Midlands B34 7EB3
£165K12/230.39 mi50, Milsom Grove, Birmingham, West Midlands B34 7HG3
£240K07/230.39 mi186, Nearmoor Road, Birmingham, West Midlands B34 7QE3
£195K09/210.39 mi3, Fennel Croft, Birmingham, West Midlands B34 6SR3
£230K08/230.42 mi72, Brook Meadow Road, Birmingham, West Midlands B34 6QP3
£163K04/210.42 mi119, Nearmoor Road, Birmingham, West Midlands B34 7QF3
£174K11/200.43 mi21, Little Heath Croft, Birmingham, West Midlands B34 6QA3
£200K02/210.44 mi76, Thistledown Road, Birmingham, West Midlands B34 7EF3
£175K12/200.44 mi72, Thistledown Road, Birmingham, West Midlands B34 7EF3
£210K02/230.44 mi25, Princethorpe Close, Birmingham, West Midlands B34 7JG3
£145K04/210.45 mi416, Heath Way, Birmingham, West Midlands B34 6QB3
£165K02/210.45 mi408, Heath Way, Birmingham, West Midlands B34 6QB3
£248.5K02/230.45 mi92, Brownfield Road, Birmingham, West Midlands B34 7HX3
£216K03/230.46 mi70, Freasley Road, Birmingham, West Midlands B34 7QH3
£175K06/230.46 mi93, Freasley Road, Birmingham, West Midlands B34 7QH3
£165K09/210.47 mi30, Cat Lane, Birmingham, West Midlands B34 6PY3

Local Rents

16 rents from £1.1K/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.12 mi-3
£1,30012/240.12 mi-3
£1,30002/250.12 mi-3
£1,30004/250.12 mi-3
£1,20012/240.14 miShard End Crescent, BIRMINGHAM3
£3,00001/240.16 mi-3
£3,00001/240.16 mi-3
£3,00001/240.16 mi-3
£3,00012/240.16 mi-3
£3,00001/250.16 mi-3
£3,00004/250.16 mi-3
£1,10004/250.2 mi-3
£1,20012/240.32 miTimberley Lane, Shard End, Birmingham3
£1,15012/240.44 miSchoolacre Road, BIRMINGHAM3
£1,55010/230.5 mi-3
£1,25012/240.55 miBrownfield Road, BIRMINGHAM3

Local Area Statistics

Population in B34

18,941

Population in Birmingham

1,034,821

Town centre distance

4.84 miles away

Nearest school

0.20 miles away

Nearest train station

1.12 miles away

 

 

Rental growth (12m)

+31%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Price changed to £215,000

March 24, 2025

Listed for £220,000

January 27, 2025

Floor Plans

Description

  • THREE BEDROOMS +
  • KITCHEN DINER +
  • LOUNGE +
  • DOWNSTAIRS WC +
  • MASTER BEDROOM WITH EN SUITE +
  • FAMILY BATHROOM +
  • LANDSCAPED GARDEN +
  • DRIVEWAY +

SUMMARY
* BEAUTIFULLY PRESENTED * THREE BEDROOMS * MASTER BEDROOM WITH EN SUITE * KITCHEN DINER * DOWNSTAIRS WC * LOUNGE * FAMILY BATHROOM * DRIVEWAY * LANDSCAPED GARDEN * POPULAR RESIDENTIAL LOCATION * EXCELLENT TRANSPORT LINKS * CALL SHIPWAYS TO VIEW ***

DESCRIPTION
We are pleased to welcome to the market this beautifully presented home in Shard End. This is the perfect buy for a first time buyer, upsizer or investor. Situated in a popular residential location with excellent transport links, amenities and schools close by. Comprising of three bedrooms, master bedroom with en suite, kitchen diner, lounge, downstairs WC, family bathroom, landscaped garden and driveway for two cars. This one is not to be missed! Call Shipways to view!

Agent Note  
Council Tax Band B.

Approach 
Driveway and path.

Entrance Hall 
Door to lounge, door to wc, radiator and ceiling lightpoint.

Wc 
Obscure double glazed window to front, low level wc, pedestal sink, radiator and ceiling lightpoint.

Lounge 17' x 15' ( 5.18m x 4.57m )
Double glazed window to front, stairs to first floor, door to kitchen, two radiators and ceiling lightpoint.

Kitchen 15' x 9' ( 4.57m x 2.74m )
Double glazed window to rear, double glazed french doors to garden, wall and base units, steel sink and drainer, built in oven and hob, extractor, storage cupboard under stairs, space for washing machine, radiator and ceiling lightpoint.

Landing 
Loft hatch, storage cupboard and ceiling lightpoint.

Bedroom One 13' x 8' ( 3.96m x 2.44m )
Double glazed window to front, radiator and ceiling lightpoint.

En Suite 
Shower cubicle, pedestal sink, over sink cupboard, low level wc, radiator and ceiling lightpoint.

Bedroom Two 10' x 8' ( 3.05m x 2.44m )
Double glazed window to rear, radiator and ceiling lightpoint.

Bedroom Three 6' x 8' ( 1.83m x 2.44m )
Double glazed window to front, radiator and ceiling lightpoint.

Bathroom 
Obscure double glazed window to rear, shower over bath, low level wc, pedestal sink, radiator and ceiling lightpoint.

Loft Space 
Pull down ladder, loft insulated, parley boarded and lightpoint.

Rear Garden 
Patio, astroturf, shed and side gate to front.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Shipways, Castle Bromwich

0121 387 6446

Next Steps?

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