3 Bed Terraced House, Planning Permission, Birmingham, B32 4BS, £230,000

Scotland Lane, Birmingham, B32 4BS - 2 months ago

Sold STC
Planning
~93 m²
+17 photos

ValuationOvervalued

Sold Prices£62.5K - £247.5K
Sold Prices/m²£743/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£205,763

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£900 - £1,800

Rent Estimate

£900

Running Costs/mo

£919

Cashflow/mo

£-19

Cashflow/yr

£-225

Gross Yield

5%

Local Sold Prices

50 sold prices from £62.5K to £247.5K, average is £180K. £743/m² to £3.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£189K12/200.08 mi9, Scotland Lane, Birmingham, West Midlands B32 4BU3
£130K12/200.13 mi27, Field Lane, Bartley Green, Birmingham, West Midlands B32 3JT3
£186.7K12/200.16 mi64, Hasbury Road, Birmingham, West Midlands B32 4ED3
£139K05/210.19 mi35, Malpas Drive, Birmingham, West Midlands B32 3QE3
£152K10/230.23 mi15, Windsor View, Birmingham, West Midlands B32 4DB3
£240K03/230.23 mi54, Windsor View, Birmingham, West Midlands B32 4DB3
£110K10/210.24 mi38, Malpas Drive, Birmingham, West Midlands B32 3QF3
£115K01/210.24 mi16, Culford Drive, Birmingham, West Midlands B32 3JH3
£115K01/210.24 mi16, Culford Drive, Birmingham, West Midlands B32 3JH3
£172.5K06/210.25 mi34, Trippleton Avenue, Birmingham, West Midlands B32 4DE3
£225K07/230.25 mi24, Romsley Road, Birmingham, West Midlands B32 3PS3
£62.5K01/210.26 mi24, Wolverley Road, Birmingham, West Midlands B32 4EH3
£147K05/240.29 mi29, Vinnall Grove, Birmingham, West Midlands B32 4EJ3
£184K11/200.29 mi27, Trippleton Avenue, Birmingham, West Midlands B32 4DG3
£170K12/230.33 mi8, Romsley Road, Birmingham, West Midlands B32 3QB3
£105K03/210.33 mi19, Adams Hill, Birmingham, West Midlands B32 3QJ3
£238K01/230.34 mi43, Highmore Drive, Birmingham, West Midlands B32 3JY3
£215K11/200.34 mi22, Highmore Drive, Birmingham, West Midlands B32 3JY3
£122K04/210.39 mi42, Burrington Road, Birmingham, West Midlands B32 4DS3
£197.5K05/230.39 mi38, Burrington Road, Birmingham, West Midlands B32 4DS3
£220K01/240.4 mi5, Willow Coppice, Birmingham, West Midlands B32 3JA3
£172.5K04/210.4 mi23, Willow Coppice, Birmingham, West Midlands B32 3JA3
£165K04/210.4 mi17, Willow Coppice, Birmingham, West Midlands B32 3JA3
£235K01/210.41 mi9, Jiggins Lane, Birmingham, West Midlands B32 3LE3
£215K01/230.42 mi201, Field Lane, Bartley Green, Birmingham, West Midlands B32 4HL3
£225K12/230.42 mi1, Pembridge Close, Birmingham, West Midlands B32 4JY3
£194K04/240.43 mi8, Kitswell Gardens, Birmingham, West Midlands B32 4DZ3
£176.5K04/240.43 mi12, Kitswell Gardens, Birmingham, West Midlands B32 4DZ3
£192K07/230.44 mi224, Adams Hill, Birmingham, West Midlands B32 3PJ3
£155K05/230.45 mi235, Cromwell Lane, Northfield, Birmingham, West Midlands B31 1AX3
£173K02/240.45 mi229, Cromwell Lane, Northfield, Birmingham, West Midlands B31 1AX3
£188K11/230.46 mi5, Carmel Grove, Birmingham, West Midlands B32 3PL3
£247.5K03/230.46 mi18, Hightree Close, Birmingham, West Midlands B32 3QP3
£185K07/230.47 mi40, Kitwell Lane, Birmingham, West Midlands B32 4AL3
£186K03/240.47 mi68, Kitwell Lane, Birmingham, West Midlands B32 4AL3
£180K03/230.47 mi64, Kitwell Lane, Birmingham, West Midlands B32 4AL3
£170K08/230.47 mi88, Harlech Close, Birmingham, West Midlands B32 4JS3
£175K03/240.48 mi34, Pickering Croft, Birmingham, West Midlands B32 3LN3
£180K09/210.48 mi21, Athol Close, Bartley Green, Birmingham, West Midlands B32 3NH3
£218K01/240.49 mi22, Longford Close, Birmingham, West Midlands B32 4JU3
£147.5K01/210.49 mi12, Longford Close, Birmingham, West Midlands B32 4JU3
£231K06/230.49 mi9, The Knoll, Birmingham, West Midlands B32 3HZ3
£210K06/210.5 mi105, Jiggins Lane, Birmingham, West Midlands B32 3LD3
£160K06/230.5 mi16, Tantallon Drive, Birmingham, West Midlands B32 3LT3
£170K06/230.5 mi126, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£180K08/210.5 mi130, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£166K06/230.5 mi6, Monmouth Road, Birmingham, West Midlands B32 3LX3
£185K08/240.51 mi111, Wood Lane, Woodgate, Birmingham, West Midlands B32 4AG3
£230K01/230.51 mi25, Trimpley Road, Birmingham, West Midlands B32 3PE3
£178K07/210.52 mi214, Pinewood Drive, Bartley Green, Birmingham, West Midlands B32 4LS3

Local Rents

48 rents from £900/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10003/250.29 mi-3
£1,15012/240.44 miBigwood Drive, Birmingham, West Midlands, B323
£1,15012/240.44 miBigwood Drive, Birmingham, West Midlands, B323
£1,15003/250.51 mi-3
£1,15004/250.51 mi-3
£1,49512/240.51 mi-3
£1,00012/240.56 miAmbleside, Bartley Green, B323
£1,65003/250.63 mi-3
£90012/240.67 miMoors Lane, Northfield, B313
£1,80003/250.73 mi-3
£1,70002/250.73 mi-3
£1,40012/240.79 miThe Dell, Northfield, B313
£1,25012/240.79 miHomedene Road, Birmingham, B31 1EW3
£90012/240.84 miKewstoke Croft, Northfield, Birmingham, West Midlands, B31 1JG3
£1,10001/240.85 mi-3
£1,20012/240.87 miCromwell Lane, BIRMINGHAM3
£1,30001/240.92 mi-3
£1,05003/250.94 mi-3
£1,10012/241 miForsythia Close, Northfield3
£1,10012/241 miForsythia Close, BIRMINGHAM3
£1,30012/241.01 mi-3
£1,39903/251.01 mi-3
£1,00012/241.01 mi-3
£1,29503/251.07 mi-3
£1,30012/241.07 mi-3
£1,29512/241.09 miDavena Drive, Quinton, Birmingham3
£1,29512/241.09 miDavena Drive, Quinton, Birmingham3
£1,29512/241.09 miDavena Drive, Quinton, Birmingham3
£1,25012/241.09 miDavena Drive, Quinton, Birmingham3
£1,25012/241.09 miShenley Lane, Birmingham, B293
£1,30003/251.09 mi-3
£1,20002/251.11 mi-3
£1,29510/241.14 mi-3
£95012/241.15 miPeach Ley Road, Selly Oak, B293
£1,30003/251.16 mi-3
£1,15001/251.18 mi-3
£1,04512/241.18 miAckleton Grove, Birmingham, B29 3
£1,26003/251.19 mi-3
£1,25002/241.2 mi-3
£1,26001/251.2 mi-3
£1,10512/241.21 miIlmington Road, Birmingham3
£1,25002/241.21 mi-3
£1,25002/241.21 mi-3
£1,10512/241.21 mi14 Ilmington Road, Selly Oak, Birmingham3
£1,17512/241.22 mi-3
£1,20012/241.22 mi-3
£1,20012/241.22 mi-3
£1,00012/241.24 miMarston Road, Birmingham3

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.58 miles away

Nearest school

0.10 miles away

Nearest train station

2.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £230,000

February 4, 2025

Description

  • NO UPWARD CHAIN +
  • DESIRABLE LOCATION +
  • MODERN FITTED BATHROOM +
  • CALL OAKMANS TODAY! +

GREAT FIRST TIME BUY BUY OR INVESTMENT DESIRABLE LOCATION **

Oakmans are delighted to offer an exceptionally well presented, three bedroom end-terraced property situated on the highly popular yet quiet Scotland lane. This property boasts move in ready accommodation and further benefits from having a modern fitted bathroom and being within close proximity to a variety of transport links and amenities.

Property briefly comprises entrance hall, large lounge diner, breakfast kitchen and conservatory on the ground floor. On the first floor there is three generously sized bedrooms and modern fitted bathroom.

Property type: End-terraced house
Tenure: Freehold
Council Tax Band: B
EPC Rating: C
Construction Type: Standard construction
Parking Arrangements: Off street parking
Broadband: Fibre (FTTP)
Mobile Signal Coverage: No known issues
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: No
Accessibility Adaptations: No

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 💪

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