3 Bed Semi-Detached House, Single Let, Birmingham, B32 1LU, £225,000

Faraday Avenue, Quinton, Birmingham, B32 1LU - 1 views - 2 months ago

Sold STC
BTL
~93 m²
+17 photos

ValuationUndervalued

Sold Prices£133K - £285K
Sold Prices/m²£1.1K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£261,164
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£800 - £3,100

Rent Estimate

£900

Running Costs/mo

£903

Cashflow/mo

£-3

Cashflow/yr

£-37

Gross Yield

5%

Local Sold Prices

50 sold prices from £133K to £285K, average is £221.8K. £1.1K/m² to £4.4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£167K04/210.01 mi27, Faraday Avenue, Birmingham, West Midlands B32 1LU3
£212K10/210.06 mi25, Wedgewood Road, Quinton, Birmingham, West Midlands B32 1LP3
£240K01/240.09 mi32, Fleming Road, Quinton, Birmingham, West Midlands B32 1ND3
£225K09/210.09 mi14, Upper Meadow Road, Quinton, Birmingham, West Midlands B32 1NX3
£251K09/210.09 mi16, Upper Meadow Road, Birmingham, West Midlands B32 1NX3
£245K07/210.09 mi52, Upper Meadow Road, Quinton, Birmingham, West Midlands B32 1NX3
£175K03/230.09 mi40, Upper Meadow Road, Quinton, Birmingham, West Midlands B32 1NX3
£231K07/230.13 mi43, Higgins Lane, Quinton, Birmingham, West Midlands B32 1LL3
£150K05/210.14 mi7, Rennie Grove, Quinton, Birmingham, West Midlands B32 2SE3
£150K09/210.15 mi68, Edison Grove, Birmingham, West Midlands B32 2SQ3
£170K02/210.15 mi221, Worlds End Lane, Birmingham, West Midlands B32 2RX3
£260K01/230.16 mi175, Quinton Road West, Quinton, Birmingham, West Midlands B32 2RJ3
£255K03/210.16 mi42, Pitman Road, Quinton, Birmingham, West Midlands B32 1PA3
£260K11/220.16 mi26, Lunt Grove, Quinton, Birmingham, West Midlands B32 1LN3
£175K01/210.17 mi256, Quinton Road West, Birmingham, West Midlands B32 1LY3
£212K03/230.18 mi77, Higgins Lane, Quinton, Birmingham, West Midlands B32 1LJ3
£238K01/240.18 mi65, Higgins Lane, Quinton, Birmingham, West Midlands B32 1LJ3
£225K02/240.18 mi20, Hansom Road, Quinton, Birmingham, West Midlands B32 1NY3
£252.5K05/230.18 mi18, Hansom Road, Quinton, Birmingham, West Midlands B32 1NY3
£180K07/210.19 mi268, Worlds End Lane, Birmingham, West Midlands B32 2SN3
£205K06/230.19 mi266, Worlds End Lane, Quinton, Birmingham, West Midlands B32 2SN3
£241K06/240.19 mi254, Worlds End Lane, Quinton, Birmingham, West Midlands B32 2SN3
£263K08/230.19 mi176, Quinton Road West, Quinton, Birmingham, West Midlands B32 2RL3
£166K03/210.19 mi202, Quinton Road West, Birmingham, West Midlands B32 2RL3
£285K12/230.2 mi131, Worlds End Lane, Quinton, Birmingham, West Midlands B32 1JX3
£135K07/240.2 mi63, Middle Leasow, Quinton, Birmingham, West Midlands B32 1SN3
£160K01/210.21 mi30, Gorsy Road, Quinton, Birmingham, West Midlands B32 2SH3
£265K10/220.21 mi110, Upper Meadow Road, Quinton, Birmingham, West Midlands B32 1NS3
£250K03/210.21 mi45, Max Road, Quinton, Birmingham, West Midlands B32 1LD3
£228K06/210.21 mi65, Max Road, Birmingham, West Midlands B32 1LD3
£218K09/210.21 mi51, Max Road, Quinton, Birmingham, West Midlands B32 1LD3
£172K02/210.21 mi19, Max Road, Quinton, Birmingham, West Midlands B32 1LD3
£225K10/230.22 mi104, Higgins Lane, Quinton, Birmingham, West Midlands B32 1LH3
£171K03/210.22 mi115, Higgins Lane, Quinton, Birmingham, West Midlands B32 1LH3
£208K02/210.22 mi50, Max Road, Quinton, Birmingham, West Midlands B32 1LB3
£237.5K08/210.22 mi28, Max Road, Quinton, Birmingham, West Midlands B32 1LB3
£248K01/240.22 mi8, Max Road, Quinton, Birmingham, West Midlands B32 1LB3
£243K02/240.22 mi14, Max Road, Quinton, Birmingham, West Midlands B32 1LB3
£225K02/210.23 mi12, Glynside Avenue, Quinton, Birmingham, West Midlands B32 1NN3
£230K02/240.23 mi16, Glynside Avenue, Quinton, Birmingham, West Midlands B32 1NN3
£215K05/230.23 mi25, Bramcote Road, Quinton, Birmingham, West Midlands B32 1PE3
£275K12/220.23 mi318, Quinton Road West, Quinton, Birmingham, West Midlands B32 1PH3
£200K09/230.24 mi130, Worlds End Lane, Quinton, Birmingham, West Midlands B32 1JT3
£210K10/200.25 mi10, Brookmans Avenue, Quinton, Birmingham, West Midlands B32 2SL3
£133K10/200.26 mi36, Four Acres, Birmingham, West Midlands B32 1RZ3
£210K03/240.26 mi154, Ridgacre Lane, Birmingham, West Midlands B32 1QB3
£200K01/210.26 mi26, Glyn Road, Birmingham, West Midlands B32 2TA3
£240K08/210.26 mi47, Glyn Farm Road, Birmingham, West Midlands B32 1NJ3
£218.5K03/230.26 mi107, Glyn Farm Road, Quinton, Birmingham, West Midlands B32 1NJ3
£198K11/200.26 mi95, Mayswood Grove, Birmingham, West Midlands B32 2RG3

Local Rents

29 rents from £800/mo to £3.1K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.03 miWedgewood Road, Quinton, BIRMINGHAM3
£1,29503/250.09 mi-3
£1,10012/240.14 miMiddle Meadow Avenue, Quinton3
£90012/240.15 miRennie Grove, Quinton, Birmingham3
£1,29512/240.15 miWorlds End Lane, Birmingham, West Midlands, B323
£1,25012/240.19 miWorlds End Lane, Quinton, BIRMINGHAM3
£1,10003/250.29 mi-3
£1,30004/250.31 mi-3
£95012/240.34 miOverdale Road, Birmingham3
£1,30012/240.41 miDwellings Lane, Quinton3
£1,20012/240.42 miTedstone Road, Quinton, Birmingham, B323
£99512/240.42 miWorlds End Lane, Birmingham, B323
£3,10012/240.46 mi-3
£1,20012/240.48 miRidgacre Road, Quinton3
£1,35002/250.48 mi-3
£1,15012/240.48 miWoodhouse Road, Quinton, BIRMINGHAM3
£1,25012/240.49 mi-3
£80012/240.5 miWoodhouse Road, Birmingham, B323
£1,20012/240.5 miWoodhouse Road, Quinton, Birmingham, West Midlands, B32 2DH3
£1,20001/250.5 mi-3
£1,30012/240.51 mi-3
£1,25002/250.54 mi-3
£1,19503/250.57 mi-3
£2,50012/240.57 mi-3
£1,49512/240.58 miWolverhampton Road South, Quinton, Birmingham, West Midlands, B32 2AX3
£1,10012/240.58 miHolly Bush Grove, Quinton, B323
£1,20003/250.58 mi-3
£1,00012/240.62 mi-3
£95012/240.62 miTennal Road, Quinton, B323

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

4.80 miles away

Nearest school

0.30 miles away

Nearest train station

2.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £225,000

January 27, 2025

Floor Plans

Description

  • Beautifully presented three bedroom semi +
  • Separate utility area & downstairs WC +
  • Three very good sized bedrooms +
  • Immaculate kitchen/diner with breakfast bar +
  • Modernised bathroom +
  • Pleasant rear garden +
  • Good location just off Quinton Road West - great for bus links +
  • Ample storage space +
  • Immaculate condition +

NO CHAIN This is a very well presented & modernised three bedroom semi, absolutely ideal for first time buyers, families & investors. Situated on this quiet residential road in Quinton, it has fantastic access to main bus links & well regarded local schools including Worlds End, Four Dwellings & Woodhouse. Offering generous living throughout & being in a very good condition, the property boasts a driveway with off road parking for two vehicles. With plenty of kerb appeal, it has a useful porch, welcoming reception hallway, a beautiful spacious lounge that has such a cosy feel, wrapping round into a very large kitchen/diner which has space for all appliances including a range cooker & even space for an american fridge/freezer. This room is the heart of the home with a designated dining space too. Further, there is an extra lobby area with a separate utility space & downstairs WC. This also provides access onto the very pleasant rear garden that currently has two summerhouses, a patio & lawned area. Upstairs has three very good sized bedrooms with the master having good quality fitted wardrobes, plus two further large bedrooms that can easily accommodate bedroom furniture alongside beds. The family bathroom is very well presented with a bath, overhead shower, wash hand basin & WC. The property is offered with no upward chain & is ready to move straight into. We are advised it is freehold. All interested parties who wish to make an offer will be required to show proof of ID, proof of funds including proof of deposit, mortgage in principle or proof of cash. We are also happy to assist people that require a mortgage so please get in touch with us & we will help you in any way we can.

Agent Details

Tonks Property People, Powered by eXp, Halesowen

0121 221 2204

Next Steps?

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