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2 Bed Flat, Single Let, Birmingham, B15 2BG, £195,000

Alfred Knight Way, Birmingham, West Midlands, B15 2BG - 1 views - 3 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£55K - £500K
Sold Prices/m²£724/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£149,240

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£12,350

Total Cash In

£61,100

 

 

Cash Out

 

Rent Range

£990 - £3,575

Rent Estimate

£1,003

Running Costs/mo

£830

Cashflow/mo

£173

Cashflow/yr

£2,076

ROI

3%

Gross Yield

6%

Local Sold Prices

26 sold prices from £55K to £500K, average is £147.3K. £724/m² to £4.5K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£500K02/210.25 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/210.25 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/200.25 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/220.25 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£235K07/210.36 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£144.5K09/210.37 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£290K09/210.37 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£150K02/230.5 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/210.5 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/220.5 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£182K12/220.65 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£235K12/220.66 mi110, Viceroy Close, Birmingham, West Midlands B5 7UY2
£100K07/210.67 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£90K06/210.69 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£180K08/210.7 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£65K02/230.7 miFlat 77, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£120K11/200.7 miFlat 74, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£130K06/210.75 mi55, Alexandra Road, Birmingham, West Midlands B5 7NJ2
£153.5K06/210.75 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£55K03/210.8 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£55K03/210.8 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£144K05/210.82 mi6, Dalloway Close, Birmingham, West Midlands B5 7RD2
£125K12/210.84 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.84 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£99K08/220.91 mi54, Foster Way, Birmingham, West Midlands B5 7QJ2
£120.2K06/220.94 mi25, Royston Croft, Birmingham, West Midlands B12 9DX2

Local Rents

50 rents from £990/mo to £3.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,07512/240 miPark Central,Birmingham,B15 2BG2
£2,37502/250.01 mi-2
£2,15004/250.01 mi-2
£1,35003/240.01 mi-2
£1,35012/240.01 miAlfred Knight Way, Birmingham, B152
£1,20012/240.01 miAlfred Knight Way, Birmingham City Centre2
£1,35012/240.03 mi-2
£1,32512/240.03 mi-2
£1,10001/250.03 mi-2
£1,00012/240.05 miFaraday House, Bell Barn Road, Birmingham, B152
£3,57504/250.07 mi-2
£1,27504/250.07 mi-2
£1,25004/250.07 mi-2
£1,40002/250.07 mi-2
£1,05012/240.07 miMasons Way, Birmingham, B152
£1,25012/240.08 mi-2
£1,30004/250.08 mi-2
£1,26012/240.08 miBell Barn Road, BIRMINGHAM2
£1,10002/240.09 mi-2
£1,27502/240.09 mi-2
£1,05012/240.09 mi-2
£1,20002/250.09 mi-2
£1,25012/240.09 miLongleat Avenue, Birmingham, B15 2DF2
£1,30012/240.09 mi29 Longleat Avenue, Park Central, B152
£1,30012/240.09 mi29 Longleat Avenue, Park Central, B152
£1,25012/240.09 miPark Central2
£1,50001/250.09 mi-2
£1,02512/240.09 miPark Central2
£1,02512/240.09 miCregoe Street, Birmingham2
£1,25012/240.09 miCregoe Street, Park Central, Birmingham, Birmingham2
£1,02512/240.09 miPark Central2
£1,49904/250.1 mi-2
£1,20012/240.1 mi26 Longleat Ave, 26 Longleat Ave, Birmingham, B152
£2,16702/240.1 mi-2
£2,55003/240.1 mi-2
£1,40012/240.1 mi61 Mason Way, Birmingham City Centre2
£1,40012/240.1 mi-2
£1,50001/250.1 mi-2
£1,50012/240.1 miBirmingham, Birmingham, B152
£1,50003/240.1 mi-2
£1,40001/250.1 mi-2
£1,20012/240.1 miBradshaw Close, Birmingham, B152
£2,00003/250.1 mi-2
£2,60004/250.1 mi-2
£99003/250.1 mi-2
£1,28512/240.11 miElvetham Road, Birmingham, B152
£1,28503/240.11 mi-2
£1,28512/240.13 miElvetham Road, BIRMINGHAM2
£1,10012/240.13 mi2 Lee Bank Middleway, Birmingham, West Midlands, B152
£1,09904/250.13 mi-2

Links

Local Area Statistics

Population in B15

17,552

Population in Birmingham

1,034,821

Town centre distance

1.26 miles away

Nearest school

0.10 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+71%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Price changed to £195,000

March 8, 2025

Listed for £215,000

January 30, 2025

Description

This ground floor two double bedrooms, one bathroom apartment with parking at Alfred Knight Way is being offered for sale with no upward chain. Located in the popular Park Central area of Birmingham City Centre within walking distance of amenities such as Grand Central train station and The Mailbox. Briefly comprising of entrance hall, contemporary open plan lounge and kitchen with fitted appliances and access to the generous sized balcony. Master bedroom, double second bedroom and a modern fitted family bathroom suite. Also with the added benefits of a secure allocated parking space and balcony.

Agent Details

Dixons, Birmingham City Centre

0121 387 6499

Next Steps?

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

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