3 Bed Terraced House, Single Let, Birmingham, B32 3DG, £180,000

311F18 Parkside, Birmingham, B32 3DG - 1 views - 2 months ago

Leasehold
Auction
BTL
ROI: 3%
80 m²
+13 photos

ValuationOvervalued

Sold Prices£95K - £372K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

80 m²
Price/m²£2.3K/m²

Value Estimate

£172,973

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£900 - £3,500

Rent Estimate

£1,000

Running Costs/mo

£783

Cashflow/mo

£218

Cashflow/yr

£2,610

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £95K to £372K, average is £178.5K. £1.4K/m² to £4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£210K07/230.06 mi155, Clapgate Lane, Birmingham, West Midlands B32 3DT3
£138K12/200.11 mi53, Foredraft Close, Birmingham, West Midlands B32 3TP3
£167.5K09/210.13 mi123, Ambleside, Birmingham, West Midlands B32 3HX3
£160K04/210.14 mi50, Clapgate Lane, Birmingham, West Midlands B32 3DP3
£156K11/200.16 mi34, Glen Side, Birmingham, West Midlands B32 3RU3
£160K12/200.16 mi9, Green Drive, Birmingham, West Midlands B32 3HU3
£176.5K11/220.19 mi35, Ox Leasow, Birmingham, West Midlands B32 3TN3
£179K02/210.19 mi121, Jiggins Lane, Birmingham, West Midlands B32 3EL3
£231K06/230.2 mi9, The Knoll, Birmingham, West Midlands B32 3HZ3
£150K11/200.21 mi38, Ox Leasow, Birmingham, West Midlands B32 3TW3
£246K11/220.21 mi204, Jiggins Lane, Birmingham, West Midlands B32 3ER3
£250K05/230.22 mi174, Jiggins Lane, Birmingham, West Midlands B32 3EN3
£175K12/200.22 mi226, Jiggins Lane, Birmingham, West Midlands B32 3ER3
£210K06/210.23 mi105, Jiggins Lane, Birmingham, West Midlands B32 3LD3
£194.5K09/210.25 mi296, Jiggins Lane, Birmingham, West Midlands B32 3HJ3
£237K08/220.25 mi288, Jiggins Lane, Birmingham, West Midlands B32 3HJ3
£170K06/230.25 mi126, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£180K08/210.25 mi130, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£232K02/230.26 mi272, Jiggins Lane, Birmingham, West Midlands B32 3HJ3
£181K03/230.26 mi15, Kingsbridge Road, Birmingham, West Midlands B32 3EU3
£178K02/240.26 mi18, Bark Piece, Birmingham, West Midlands B32 3TJ3
£160K11/230.27 mi19, Wood Leasow, Birmingham, West Midlands B32 3SE3
£153.9K11/200.27 mi56, Warston Avenue, Woodgate Valley, Birmingham, West Midlands B32 3SU3
£150K10/210.28 mi44, Little Hill Way, Birmingham, West Midlands B32 3RZ3
£195K02/240.28 mi54, Bean Croft, Birmingham, West Midlands B32 3TG3
£135K06/210.29 mi18, County Close, Woodgate, Birmingham, West Midlands B32 3SZ3
£162.5K09/230.29 mi26, County Close, Woodgate, Birmingham, West Midlands B32 3SZ3
£177K03/230.29 mi30, County Close, Woodgate, Birmingham, West Midlands B32 3SZ3
£185K02/240.29 mi32, County Close, Woodgate, Birmingham, West Midlands B32 3SZ3
£175K03/240.3 mi34, Pickering Croft, Birmingham, West Midlands B32 3LN3
£220K01/240.31 mi5, Willow Coppice, Birmingham, West Midlands B32 3JA3
£172.5K04/210.31 mi23, Willow Coppice, Birmingham, West Midlands B32 3JA3
£165K04/210.31 mi17, Willow Coppice, Birmingham, West Midlands B32 3JA3
£182K12/230.31 mi25, Middlehill Rise, Birmingham, West Midlands B32 3SS3
£156K03/210.31 mi20, Middlehill Rise, Birmingham, West Midlands B32 3SS3
£235K01/210.32 mi9, Jiggins Lane, Birmingham, West Midlands B32 3LE3
£247.5K03/230.32 mi18, Hightree Close, Birmingham, West Midlands B32 3QP3
£243K12/200.35 mi4, Fernwoods, Birmingham, West Midlands B32 3RL3
£160K06/230.35 mi16, Tantallon Drive, Birmingham, West Midlands B32 3LT3
£105K03/210.36 mi19, Adams Hill, Birmingham, West Midlands B32 3QJ3
£95K02/210.37 mi8, Flavell Close, Birmingham, West Midlands B32 3NY3
£230K09/210.37 mi5, Flavell Close, Birmingham, West Midlands B32 3NY3
£265K05/240.37 mi3, Flavell Close, Birmingham, West Midlands B32 3NY3
£215K02/230.38 mi3, Simmons Leasow, Birmingham, West Midlands B32 3RR3
£170K12/230.39 mi8, Romsley Road, Birmingham, West Midlands B32 3QB3
£372K08/240.4 mi30, Greenacres, Bartley Green, Birmingham, West Midlands B32 3BF3
£283K07/230.4 mi38, Greenacres, Bartley Green, Birmingham, West Midlands B32 3BF3
£192K07/230.42 mi224, Adams Hill, Birmingham, West Midlands B32 3PJ3
£144K12/200.42 mi329, Stonehouse Lane, Quinton, Birmingham, West Midlands B32 3AD3
£280K03/240.42 mi365, Stonehouse Lane, Quinton, Birmingham, West Midlands B32 3AD3

Local Rents

51 rents from £900/mo to £3.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,00012/240.13 miAmbleside, Bartley Green, B323
£1,00012/240.36 mi-3
£1,15012/240.38 miBigwood Drive, Birmingham, West Midlands, B323
£1,15012/240.38 miBigwood Drive, Birmingham, West Midlands, B323
£1,49512/240.43 mi-3
£1,15003/250.67 mi-3
£1,15003/250.67 mi-3
£1,29512/240.68 miDavena Drive, Quinton, Birmingham3
£1,29512/240.68 miDavena Drive, Quinton, Birmingham3
£1,29512/240.68 miDavena Drive, Quinton, Birmingham3
£1,25012/240.68 miDavena Drive, Quinton, Birmingham3
£1,20003/250.69 mi-3
£1,65003/250.7 mi-3
£1,20002/250.72 mi-3
£1,10003/250.74 mi-3
£1,15001/250.75 mi-3
£1,10003/250.77 mi-3
£90012/240.77 miMoors Lane, Northfield, B313
£1,25002/240.78 mi-3
£1,26001/250.78 mi-3
£1,20012/240.8 miCromwell Lane, BIRMINGHAM3
£1,05002/250.83 mi-3
£1,19503/250.87 mi-3
£1,20012/240.89 mi-3
£1,20012/240.89 mi-3
£2,50012/240.91 mi-3
£1,10012/240.91 miAlwold Road, Weoley Castle, Birmingham3
£1,10012/240.94 miForsythia Close, BIRMINGHAM3
£1,10012/240.94 miForsythia Close, Northfield3
£1,25001/250.95 mi-3
£1,25002/240.95 mi-3
£1,22512/240.95 miAlwold Road, Birmingham, B293
£1,20012/240.95 miAlwold Road, Birmingham, B293
£1,35012/240.97 mi-3
£1,40012/240.98 miWedgewood Road, Quinton, BIRMINGHAM3
£3,50012/240.98 mi-3
£1,04512/240.99 miAckleton Grove, Birmingham, B29 3
£1,10512/240.99 miIlmington Road, Birmingham3
£1,10512/240.99 mi14 Ilmington Road, Selly Oak, Birmingham3
£1,25012/240.99 miShenley Lane, Birmingham, B293
£1,29503/251 mi-3
£1,25002/241 mi-3
£1,25002/241 mi-3
£90012/241 miRennie Grove, Quinton, Birmingham3
£1,10012/241.01 mi-3
£1,35001/241.02 mi-3
£1,40012/241.03 miVale Close, Harborne, B323
£1,30012/241.04 miDwellings Lane, Quinton3
£1,29512/241.04 miWorlds End Lane, Birmingham, West Midlands, B323
£1,25012/241.04 miWorlds End Lane, Quinton, BIRMINGHAM3
£2,46502/241.05 mi-3

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.12 miles away

Nearest school

0.20 miles away

Nearest train station

2.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Price changed to £180,000

February 20, 2025

Listed for £200,000

February 3, 2025

Floor Plans

Description

  • SOLD VIA MODERN METHOD OF AUCTION +
  • NO UPWARD CHAIN +
  • DESIRABLE LOCATION +
  • CALL OAKMANS TODAY! +

NO UPWARD CHAIN SOLD VIA MODERN METHOD OF AUCTION **

Oakmans offer a beautifully presented, three bedroom, end-terraced house situated on the highly popular and residential, Parkside. This property boasts no upward chain and is being sold via modern method of auction.

The property briefly comprises entrance hall, large lounge and kitchen diner on the ground floor. On the first floor there is three generously sized bedrooms and family bathroom.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.

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.

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.

Leasehold: 41 years left on lease
Council tax band: B
EPC: F

Call Oakmans today!

Agent Details

Oakmans Estate Agents, Harborne

0121 387 6780

Next Steps?

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