3 Bed Terraced House, Single Let, Birmingham, B9 5LL, £190,000

Pretoria Road, Birmingham, B9 5LL - 3 views - 2 months ago

BTL
ROI: 4%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£82K - £250K
Sold Prices/m²£812/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£174,207

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£990 - £1,400

Rent Estimate

£1,000

Running Costs/mo

£814

Cashflow/mo

£186

Cashflow/yr

£2,235

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £82K to £250K, average is £152.5K. £812/m² to £2.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£135K01/210.02 mi144, Pretoria Road, Birmingham, West Midlands B9 5LQ3
£162.5K10/200.08 mi126, Fordrough Lane, Bordesley Green, Birmingham, West Midlands B9 5LB3
£159.3K11/200.09 mi123, Botha Road, Bordesley Green, Birmingham, West Midlands B9 5LR3
£147K02/220.1 mi47, Pretoria Road, Birmingham, West Midlands B9 5LJ3
£150K10/220.11 mi61, Pretoria Road, Birmingham, West Midlands B9 5LJ3
£152K03/210.15 mi189, Colonial Road, Bordesley Green, Birmingham, West Midlands B9 5NP3
£184K11/220.17 mi396, Bordesley Green, Birmingham, West Midlands B9 5ND3
£215K12/220.17 mi392, Bordesley Green, Birmingham, West Midlands B9 5ND3
£180K10/220.18 mi303, Cherrywood Road, Bordesley Green, Birmingham, West Midlands B9 4XB3
£120K06/230.18 mi319, Cherrywood Road, Bordesley Green, Birmingham, West Midlands B9 4XB3
£240K08/220.18 mi115, Churchill Road, Birmingham, West Midlands B9 5NX3
£150K09/220.18 mi32, Whitacre Road, Bordesley Green, Birmingham, West Midlands B9 5NL3
£89K10/200.19 mi412, Bordesley Green, Birmingham, West Midlands B9 5NE3
£135K08/220.22 mi423, Bordesley Green, Birmingham, West Midlands B9 5RE3
£145K12/220.23 mi25, Churchill Road, Birmingham, West Midlands B9 5NY3
£153K01/210.24 mi24, Third Avenue, Bordesley Green, Birmingham, West Midlands B9 5RJ3
£125K08/220.24 mi2, Third Avenue, Bordesley Green, Birmingham, West Midlands B9 5RJ3
£140K03/210.25 mi20, Lupin Grove, Birmingham, West Midlands B9 5HN3
£167.5K10/210.28 mi20, Fourth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RQ3
£150K04/230.28 mi78, Fourth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RQ3
£100K05/230.3 mi14, Fifth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RD3
£153K09/220.31 mi251, Bordesley Green, Birmingham, West Midlands B9 5EX3
£145K10/210.32 mi83, Fifth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RB3
£145K12/200.32 mi95, Fifth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RB3
£120K08/210.32 mi30, Ronald Road, Birmingham, West Midlands B9 4UL3
£140K01/210.32 mi41, Ronald Road, Birmingham, West Midlands B9 4UL3
£133.5K02/210.32 mi28, Blake Lane, Bordesley Green, Birmingham, West Midlands B9 5QY3
£134K01/210.32 mi96, Blake Lane, Bordesley Green, Birmingham, West Midlands B9 5QY3
£180K08/220.32 mi95, Third Avenue, Bordesley Green, Birmingham, West Midlands B9 5RN3
£140K08/210.32 mi130, Third Avenue, Bordesley Green, Birmingham, West Midlands B9 5RL3
£160K01/210.34 mi531, Bordesley Green, Birmingham, West Midlands B9 5XH3
£82K07/220.35 mi11, Springbank, Birmingham, West Midlands B9 5FN3
£200K06/230.36 mi12, Underhill Road, Birmingham, West Midlands B8 3AH3
£165K11/200.36 mi11a, Blake Lane, Bordesley Green, Birmingham, West Midlands B9 5QT3
£130K08/220.39 mi4, Adderley Park Close, Saltley, Birmingham, West Midlands B8 1TB3
£200.5K03/230.4 mi17, Alderson Road, Saltley, Birmingham, West Midlands B8 3BP3
£182.5K12/220.41 mi437, Green Lane, Small Heath, Birmingham, West Midlands B9 5PP3
£210K08/210.42 mi23, Bridge Road, Saltley, Birmingham, West Midlands B8 1TD3
£170K12/200.42 mi31, Marchmont Road, Bordesley Green, Birmingham, West Midlands B9 5XX3
£195K04/210.42 mi23, Marchmont Road, Bordesley Green, Birmingham, West Midlands B9 5XX3
£170K12/200.42 mi31, Marchmont Road, Bordesley Green, Birmingham, West Midlands B9 5XX3
£185K02/210.44 mi64, Drummond Road, Bordesley Green, Birmingham, West Midlands B9 5XL3
£162K03/230.45 mi117, Carlton Road, Small Heath, Birmingham, West Midlands B9 5EE3
£161K05/210.45 mi2a, Parkfield Road, Alum Rock, Birmingham, West Midlands B8 3AU3
£200K01/210.46 mi563, Bordesley Green, Birmingham, West Midlands B9 5XY3
£135K11/200.47 mi17, Parkfield Road, Alum Rock, Birmingham, West Midlands B8 3AT3
£250K12/220.47 mi126, Burlington Road, Small Heath, Birmingham, West Midlands B10 9PD3
£116.3K05/220.47 mi93, Maybank, Bordesley Green, Birmingham, West Midlands B9 5FF3
£135.3K01/210.48 mi12, Ludlow Road, Birmingham, West Midlands B8 3BY3
£182K05/230.48 mi5, Burlington Road, Small Heath, Birmingham, West Midlands B10 9PT3

Local Rents

17 rents from £990/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.06 mi-3
£1,10004/250.06 mi-3
£1,40012/240.21 mi-3
£1,40001/250.21 mi-3
£1,20001/250.29 mi-3
£1,30003/250.42 mi-3
£1,30012/240.43 mi-3
£1,15004/250.43 mi-3
£1,00012/240.5 miCarlton Road, Birmingham, B93
£1,20004/250.5 mi-3
£1,15011/240.52 mi-3
£99012/230.55 mi-3
£1,20004/250.55 mi-3
£1,00012/240.57 miGrange Road, Small Heath, Birmingham, B103
£1,40012/240.6 mi-3
£1,05003/240.61 mi-3
£1,10003/240.61 mi-3

Local Area Statistics

Population in B9

24,915

Population in Birmingham

1,034,821

Town centre distance

1.76 miles away

Nearest school

0.30 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £190,000

February 4, 2025

Floor Plans

Description

  • THREE BEDROOM PROPERTY +
  • SPACIOUS HOME THROUGHOUT +
  • EASY TRANSPORT LINKS INTO CITY CENTRE +
  • SOUGHT AFTER LOCATION +
  • IDEAL FIRST TIME BUYER PROPERTY +
  • DOWNSTAIRS BATHROOM & UPSTAIRS WC +

SUMMARY
A three bedroom home being an ideal FIRST TIME BUYER property and in a popular location. The property is situated on a HIGH DEMAND road and is near to local shops, schools and the A45 Coventry Road is easily accessible with many travel links to Birmingham City.

DESCRIPTION
A three bedroom home being an ideal FIRST TIME BUYER property and in a popular location. The property is situated on a HIGH DEMAND road and is near to local shops, schools and the A45 Coventry Road is easily accessible with many travel links to Birmingham City.

Downstairs Bathroom 
w/c, and basin.

Lounge  12' 5" x 11' 2" ( 3.78m x 3.40m )
Laminate flooring

Dining Room 11' 6" x 11' 3" ( 3.51m x 3.43m )
Laminate floor

Kitchen 12' 7" x 5' 7" ( 3.84m x 1.70m )

Landing 
carpet with loft access

Bedroom One 11' 9" x 13' 2" ( 3.58m x 4.01m )
carpet, gas fire and radiator.

Bedroom Two 10' 9" x 12' 9" ( 3.28m x 3.89m )

Bedroom Three 13' 6" x 5' 9" ( 4.11m x 1.75m )
carpet and loft access

Bathroom  
Bath with shower overhead, w/c and basin.

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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Birmingham City

0121 387 6591

Next Steps?

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