3 Bed Terraced House, Refurb/BRRR, Birmingham, B8 1QN, £120,000





ValuationFair Value
Sold Prices | £108K - £222K |
Sold Prices/m² | £1.1K/m² - £3K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.3K/m² |
Value Estimate | £122,400£122,400 |
| |
End Value (After Refurb) | £183,837£183,837 |
Uplift in Value | +53%+53% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £30,000£30,000 |
Stamp Duty & Legal Fees | £4,800£4,800 |
Refurb Costs | £36,800£36,800 |
Bridging Loan Interest | £3,150£3,150 |
Total Cash In | £76,500£76,500 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentFlip |
Estimated Sale Price | £183,837£183,837 |
Agent Fees (1%) | £1,838£1,838 |
Bridging Loan | £90,000£90,000 |
Bridging Loan Interest | £3,150£3,150 |
Flip Profit | £15,499£15,499 |
Local Sold Prices
50 sold prices from £108K to £222K, average is £165K. £1.1K/m² to £3K/m², average is £1.9K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£135K | 01/21 | 0.04 mi | 2, Bennetts Road, Birmingham, West Midlands B8 1QH | £1,776 | 76 | 3 | Terraced House | |
£185K | 09/21 | 0.14 mi | 11, Hutton Road, Saltley, Birmingham, West Midlands B8 1QR | £1,217 | 152 | 3 | Semi-Detached House | |
£148K | 12/20 | 0.17 mi | 192, Wright Road, Birmingham, West Midlands B8 1PD | £1,276 | 116 | 3 | Terraced House | |
£120K | 01/21 | 0.2 mi | 2, Nigel Road, Birmingham, West Midlands B8 1PA | £1,765 | 68 | 3 | Terraced House | |
£143K | 05/21 | 0.23 mi | 87, Phillimore Road, Saltley, Birmingham, West Midlands B8 1PT | £2,001 | 71 | 3 | Terraced House | |
£180K | 03/23 | 0.26 mi | 56, Warren Road, Washwood Heath, Birmingham, West Midlands B8 2YL | £2,864 | 63 | 3 | Semi-Detached House | |
£183K | 07/23 | 0.29 mi | 59, Herrick Road, Saltley, Birmingham, West Midlands B8 1NT | £2,507 | 73 | 3 | Semi-Detached House | |
£145K | 04/23 | 0.38 mi | 11, Kimberley Avenue, Birmingham, West Midlands B8 3LB | £1,908 | 76 | 3 | Terraced House | |
£162.5K | 11/20 | 0.38 mi | 68, Glenpark Road, Birmingham, West Midlands B8 3QW | £2,390 | 68 | 3 | Semi-Detached House | |
£158K | 03/21 | 0.42 mi | 57, Adderley Gardens, Birmingham, West Midlands B8 1LB | £1,859 | 85 | 3 | Terraced House | |
£170K | 02/22 | 0.44 mi | 33, Little Clover Close, Birmingham, West Midlands B7 5RS | £2,179 | 78 | 3 | Terraced House | |
£147K | 12/20 | 0.47 mi | 22, Thornberry Walk, Birmingham, West Midlands B7 5UA | £1,815 | 81 | 3 | Terraced House | |
£165K | 01/21 | 0.47 mi | 5, Johnson Street, Birmingham, West Midlands B7 5PX | £1,875 | 88 | 3 | Terraced House | |
£141K | 03/21 | 0.49 mi | 90, Glenpark Road, Birmingham, West Midlands B8 3QN | £1,986 | 71 | 3 | Semi-Detached House | |
£139K | 06/21 | 0.52 mi | 124, Reginald Road, Saltley, Birmingham, West Midlands B8 1LU | - | - | 3 | Terraced House | |
£130K | 04/21 | 0.52 mi | 99, Tarry Road, Birmingham, West Midlands B8 3JH | £3,023 | 43 | 3 | Terraced House | |
£160K | 02/21 | 0.53 mi | 76, Nechells Park Road, Nechells, Birmingham, West Midlands B7 5PR | - | - | 3 | Terraced House | |
£170K | 05/21 | 0.54 mi | 325, Nechells Park Road, Nechells, Birmingham, West Midlands B7 5NU | £1,977 | 86 | 3 | Terraced House | |
£161K | 04/21 | 0.57 mi | 26, Bowyer Road, Saltley, Birmingham, West Midlands B8 1ET | £1,626 | 99 | 3 | Semi-Detached House | |
£157K | 03/21 | 0.57 mi | 32, Bowyer Road, Saltley, Birmingham, West Midlands B8 1ET | £1,805 | 87 | 3 | Terraced House | |
£158K | 05/23 | 0.57 mi | 66, Bowyer Road, Saltley, Birmingham, West Midlands B8 1ET | £1,564 | 101 | 3 | Terraced House | |
£180K | 10/22 | 0.57 mi | 36, Bowyer Road, Saltley, Birmingham, West Midlands B8 1ET | £1,875 | 96 | 3 | Terraced House | |
£165K | 02/23 | 0.58 mi | 166, Nechells Park Road, Nechells, Birmingham, West Midlands B7 5PG | - | - | 3 | Terraced House | |
£222K | 09/22 | 0.61 mi | 29, Hall Road, Saltley, Birmingham, West Midlands B8 1DH | £2,075 | 107 | 3 | Semi-Detached House | |
£190K | 06/22 | 0.63 mi | 29, Bloomsbury Walk, Birmingham, West Midlands B7 5DG | - | - | 3 | Semi-Detached House | |
£185K | 09/22 | 0.63 mi | 15, Bloomsbury Walk, Birmingham, West Midlands B7 5DG | £2,256 | 82 | 3 | Terraced House | |
£180K | 09/23 | 0.63 mi | 1, Fowler Street, Birmingham, West Midlands B7 5DA | £2,206 | 82 | 3 | Terraced House | |
£175K | 09/23 | 0.63 mi | 7, Fowler Street, Birmingham, West Midlands B7 5DA | - | - | 3 | Terraced House | |
£175K | 11/21 | 0.63 mi | 4, Kingswood Croft, Birmingham, West Midlands B7 5LQ | - | - | 3 | Terraced House | |
£175K | 11/21 | 0.63 mi | 4, Kingswood Croft, Birmingham, West Midlands B7 5LQ | - | - | 3 | Terraced House | |
£217K | 04/23 | 0.63 mi | 6, Kingswood Croft, Birmingham, West Midlands B7 5LQ | - | - | 3 | Terraced House | |
£180K | 08/22 | 0.66 mi | 40, Lingard Close, Birmingham, West Midlands B7 5DJ | £2,169 | 83 | 3 | Terraced House | |
£202K | 10/23 | 0.66 mi | 54, Lingard Close, Birmingham, West Midlands B7 5DJ | £2,525 | 80 | 3 | Terraced House | |
£130K | 08/21 | 0.67 mi | 428, Alum Rock Road, Birmingham, West Midlands B8 3HT | £1,477 | 88 | 3 | Terraced House | |
£150K | 07/21 | 0.67 mi | 111, Ash Road, Birmingham, West Midlands B8 1DP | £1,807 | 83 | 3 | Terraced House | |
£135K | 11/20 | 0.68 mi | 17, Parkfield Road, Alum Rock, Birmingham, West Midlands B8 3AT | £1,688 | 80 | 3 | Terraced House | |
£160K | 03/23 | 0.68 mi | 25, Hams Road, Birmingham, West Midlands B8 1DU | £2,319 | 69 | 3 | Terraced House | |
£170K | 09/21 | 0.69 mi | 9, Charles Drive, Birmingham, West Midlands B7 5HB | - | - | 3 | Terraced House | |
£170K | 09/21 | 0.69 mi | 9, Charles Drive, Birmingham, West Midlands B7 5HB | - | - | 3 | Terraced House | |
£160K | 12/20 | 0.69 mi | 7, Charles Drive, Birmingham, West Midlands B7 5HB | £2,025 | 79 | 3 | Terraced House | |
£161K | 05/21 | 0.69 mi | 2a, Parkfield Road, Alum Rock, Birmingham, West Midlands B8 3AU | £1,940 | 83 | 3 | Semi-Detached House | |
£210K | 08/21 | 0.69 mi | 23, Bridge Road, Saltley, Birmingham, West Midlands B8 1TD | £1,111 | 189 | 3 | Terraced House | |
£130K | 08/22 | 0.72 mi | 4, Adderley Park Close, Saltley, Birmingham, West Midlands B8 1TB | £1,873 | 69 | 3 | Semi-Detached House | |
£150K | 03/21 | 0.74 mi | 255, Rocky Lane, Nechells, Birmingham, West Midlands B7 5EY | - | - | 3 | Terraced House | |
£205K | 08/23 | 0.74 mi | 56, Foxton Road, Birmingham, West Midlands B8 3HP | £2,563 | 80 | 3 | Terraced House | |
£209K | 06/23 | 0.74 mi | 52, Foxton Road, Birmingham, West Midlands B8 3HP | £2,518 | 83 | 3 | Terraced House | |
£108K | 04/21 | 0.76 mi | 45, Foxton Road, Birmingham, West Midlands B8 3HW | £1,102 | 98 | 3 | Semi-Detached House | |
£170K | 03/23 | 0.76 mi | 31, Wardend Road, Birmingham, West Midlands B8 2QU | £1,848 | 92 | 3 | Semi-Detached House | |
£185K | 12/22 | 0.8 mi | 26, Ludlow Road, Birmingham, West Midlands B8 3BY | £2,372 | 78 | 3 | Terraced House | |
£180K | 12/21 | 0.8 mi | 434, Alum Rock Road, Birmingham, West Midlands B8 3HT | £2,045 | 88 | 3 | Terraced House |
Local Rents
34 rents from £950/mo to £1.5K/mo, average is £1.4K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,500 | 03/25 | 0.11 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 03/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 03/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 03/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 03/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 03/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 03/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 12/24 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 01/25 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/25 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/25 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 01/25 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/25 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/25 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/25 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,350 | 02/25 | 0.18 mi | - | 3 | Semi-Detached House | |
£1,285 | 02/25 | 0.35 mi | - | 3 | Flat | |
£950 | 12/24 | 0.38 mi | Havelock Road, Saltley, BIRMINGHAM | 3 | Terraced House | |
£1,100 | 03/24 | 0.59 mi | - | 3 | Terraced House | |
£1,050 | 03/24 | 0.59 mi | - | 3 | Terraced House |
Local Area Statistics
Population in B8 | 42,22742,227 |
Population in Birmingham | 1,034,8211,034,821 |
Town centre distance | 2.38 miles away2.38 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.83 miles away0.83 miles away |
| |
Rental growth (12m) | +10%+10% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +48%+48% |
Property History
Listed for £120,000
January 31, 2025
Floor Plans


Description
- In Need Of Full Renovation +
- Priced to Sell +
- Three Bedrooms +
- Two Reception Rooms +
- Downstairs Bathroom +
* AUCTION SALE * AUCTION FEES APPLY * AUCTION SALE *
IN NEED OF MODERNISATION AND REFURBISHMENT THROUGHOUT
This mid-terrace property requires work throughout and is priced to reflect the work required as these properties normally sell for a much higher figure. The property consists of a front garden area, integral entrance porch, entrance hallway, TWO RECEPTIONS, kitchen area, and a DOWNSTAIRS BATHROOM. To the first floor there are THREE BEDROOMS. Energy Efficiency Rating:- Awaiting
Auction Information - This property is for sale by Traditional Auction. The buyer and seller must Complete within 56 days. Interested parties personal data will be shared with the Auctioneer (iamsold).
The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Please note: The seller is a registered social landlord and is therefore prohibited from selling a property to anyone who is an employee or Director of the seller, or was in the last 12 months an employee or Director, or is a close relative of such a person or an agent on their behalf.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Front Garden - Low wall border to the front and partly to one side with a fence to the other side of the paved front garden area. Door to:-
Entrance Porch - 0.91m x 0.86m (3' x 2'10") - Enclosed entrance porch with a further internal door to the rear into:-
Entrance Hallway - 2.67m x 0.86m (8'9" x 2'10") - Doors to:-
Reception Room One - 4.22m into bay 3.73m to wall x 2.51m (13'10" into - Box bay window to the front.
Reception Room Two - 3.53m x 3.40m (11'7" x 11'2") - Window to the rear, door to the stairs and a further door to:-
Kitchen - 2.79m x 1.91m (9'2" x 6'3") - Wall and base units with a stainless steel sink and drainer incorporated, window to the side and a door into:-
Inner Vestibule - 2.26m x 0.86m (7'5" x 2'10") - Door to the side allowing access to the rear garden area and a further internal door to:-
Bathroom - 2.06m x 1.70m (6'9" x 5'7") - Suite comprised of a panelled bath (broken will need replacing) a low flush WC and a pedestal wash hand basin. Wall mounted boiler and a window to the side
First Floor -
Bedroom One - 3.71m x 3.51m (12'2" x 11'6" ) - Window to the front
Bedroom Two - 3.40m x 2.64m (11'2" x 8'8") - Window to the rear, storage cupboard over the stairs with a loft access hatch incorporated
Bedroom Three - 2.74m x 1.88m (9' x 6'2") - Window to the rear
Outside -
Rear Garden - Due to being overgrown and neighbouring properties throwing unwanted goods in there we cannot advise what exactly this area consists of apart from there are fence borders, and a mature tree
Further Information - The property is sold as seen.