2 Bed Flat, Single Let, Birmingham, B15 2EX, £225,000

26 Longleat Avenue, Park Central, Birmingham, B15, B15 2EX - 4 views - 2 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£30K - £500K
Sold Prices/m²£724/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£149,296

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£995 - £2,750

Rent Estimate

£999

Running Costs/mo

£923

Cashflow/mo

£76

Cashflow/yr

£913

ROI

1%

Gross Yield

5%

Local Sold Prices

28 sold prices from £30K to £500K, average is £151.8K. £724/m² to £4.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£500K02/210.28 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/210.28 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/200.28 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/220.28 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£235K07/210.28 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£290K09/210.31 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£144.5K09/210.42 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£150K02/230.51 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/210.51 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/220.51 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£182K12/220.56 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£100K07/210.58 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£90K06/210.6 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£180K08/210.61 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£153.5K06/210.66 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£125K12/210.75 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.75 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£235K12/220.75 mi110, Viceroy Close, Birmingham, West Midlands B5 7UY2
£65K02/230.79 miFlat 77, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£30K10/200.79 miFlat 73, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£120K11/200.79 miFlat 74, Elmwood Court, Pershore Road, Birmingham, West Midlands B5 7PB2
£130K06/210.83 mi55, Alexandra Road, Birmingham, West Midlands B5 7NJ2
£242.5K10/200.84 mi153, Viceroy Close, Birmingham, West Midlands B5 7UX2
£55K03/210.87 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£55K03/210.87 mi28, Horton Square, Birmingham, West Midlands B12 0YR2
£144K05/210.91 mi6, Dalloway Close, Birmingham, West Midlands B5 7RD2
£290K10/220.97 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£99K08/221 mi54, Foster Way, Birmingham, West Midlands B5 7QJ2

Local Rents

50 rents from £995/mo to £2.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10002/240.01 mi-2
£1,27502/240.01 mi-2
£1,05012/240.01 mi-2
£1,20002/250.01 mi-2
£1,50001/250.01 mi-2
£1,20012/240.02 mi26 Longleat Ave, 26 Longleat Ave, Birmingham, B152
£1,25012/240.02 miLongleat Avenue, Birmingham, B15 2DF2
£1,30012/240.02 mi29 Longleat Avenue, Park Central, B152
£1,30012/240.02 mi29 Longleat Avenue, Park Central, B152
£1,20012/240.04 miBradshaw Close, Birmingham, B152
£2,16702/240.04 mi-2
£1,10012/240.05 miApartment 27, 18 Wheeleys Lane, Birmingham, West Midlands2
£1,25001/250.05 mi-2
£1,19003/240.05 mi-2
£1,19012/240.05 miWheeleys Lane, Birmingham, B152
£1,15012/240.05 miBath Row, Birmingham2
£1,20012/240.06 miWheeleys Lane, Birmingham2
£1,00012/240.06 miWheeleys Lane, Park Central, B152
£1,20012/240.06 mi26 Wheeleys Lane, Birmingham, B152
£1,20012/240.06 mi26 Wheeleys Lane, Birmingham, B152
£1,60002/250.06 mi-2
£1,05012/240.08 miMasons Way, Birmingham, B152
£1,25012/240.08 mi-2
£1,20012/240.08 miAlfred Knight Way, Birmingham City Centre2
£1,35003/240.08 mi-2
£1,35012/240.08 miAlfred Knight Way, Birmingham, B152
£2,37502/250.09 mi-2
£2,15003/250.09 mi-2
£1,07512/240.09 miPark Central,Birmingham,B15 2BG2
£1,00012/240.09 miFaraday House, Bell Barn Road, Birmingham, B152
£1,10012/240.1 mi2 Lee Bank Middleway, Birmingham, West Midlands, B152
£1,30012/240.1 miLee Bank Middleway, Birmingham City Centre2
£99502/240.1 mi-2
£1,15002/250.1 mi-2
£1,15012/240.1 miLee Bank Middleway, Birmingham, B152
£1,05012/240.1 miLee Bank Middleway, Birmingham, B152
£99512/240.1 miLee Bank Middleway, Birmingham, B152
£99512/240.1 miLee Bank Middleway, Park Central, Birmingham City Centre2
£1,25003/250.1 mi-2
£1,29003/250.1 mi-2
£1,22512/240.11 miGranville Street, BIRMINGHAM2
£2,75002/240.11 mi-2
£1,30001/240.11 mi-2
£1,40002/240.11 mi-2
£2,50002/240.11 mi-2
£1,25012/240.11 miPark Central2
£2,49912/240.11 mi-2
£2,49901/250.11 mi-2
£1,59512/240.11 mi-2
£1,28003/250.11 mi-2

Local Area Statistics

Population in B15

17,552

Population in Birmingham

1,034,821

Town centre distance

1.33 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

Listed for £225,000

February 7, 2025

Description

  • Two Bedrooms +
  • Park Central Development +
  • Secure Allocated Parking +
  • Balcony +

Belvoir! Birmingham Central are proud to present this two bedroom, one bathroom apartment located within Park Central. The property comprises of open plan living/diner/kitchen area with access onto balcony, two bedrooms and one bathroom. Secured Allocated Parking. Call now to arrange your viewing and to avoid missing out. Agents Comments - We have not inspected nor tested any of the appliances or services and prospective purchasers should satisfy themselves as to the satisfactory operation.  Tenure - We have been advised by the vendor that the property is LEASEHOLD. We have not been able to confirm this by reference to the title deeds and therefore prospective purchasers are advised to obtain verification from the vendors solicitors during pre-contract enquiries. Title – Belvoir Sales have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor. Service Charge & Ground Rent - Please call. Length of lease – 129 Years. Offers in the region of £225,000. We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: B. Tenure: Leasehold, Service charge description: Service Charges – £4134.00 p/a.

Ground Rent - £100.00 p/a.,

Agent Details

Belvoir, Birmingham Central

0121 212 0122

Next Steps?

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