2 Bed Flat, Single Let, Birmingham, B32 1RZ, £125,000

21 C74 Four Acres, Birmingham, B32 1RZ - 2 months ago

Leasehold

BTL

ROI: 7%

48 m²

+5 photos

ValuationOvervalued

Sold Prices	£78K - £175K
Sold Prices/m²	£1.3K/m² - £4.1K/m²

Square Metres	48 m²
Price/m²	£2.6K/m²
Value Estimate	£88,242£88,242

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£31,250£31,250
Stamp Duty & Legal Fees	£4,950£4,950
Total Cash In	£36,200£36,200

Cash Out
Rent Range	£750 - £1,400£750 - £1,400
Rent Estimate	£781
Running Costs/mo	£567£567
Cashflow/mo	£214£214
Cashflow/yr	£2,570£2,570
ROI	7%7%
Gross Yield	7%7%

Local Sold Prices

20 sold prices from £78K to £175K, average is £113.5K. £1.3K/m² to £4.1K/m², average is £1.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£100K	05/22	0.01 mi	74, Four Acres, Quinton, Birmingham, West Midlands B32 1RZ	£1,316	76	2	Flat
£125K	04/23	0.28 mi	15, Near Lands Close, Quinton, Birmingham, West Midlands B32 1RS	-	-	2	Flat
£122.5K	08/21	0.57 mi	47, Daventry Grove, Quinton, Birmingham, West Midlands B32 1JA	£1,854	66	2	Flat
£112K	02/21	0.57 mi	58, Daventry Grove, Quinton, Birmingham, West Midlands B32 1JA	£1,556	72	2	Flat
£112K	02/21	0.57 mi	58, Daventry Grove, Birmingham, West Midlands B32 1JA	£1,556	72	2	Flat
£142K	06/23	0.57 mi	30, Daventry Grove, Quinton, Birmingham, West Midlands B32 1JA	£1,945	73	2	Flat
£120K	07/22	0.57 mi	36, Daventry Grove, Quinton, Birmingham, West Midlands B32 1JA	-	-	2	Flat
£135K	12/22	0.57 mi	42, Daventry Grove, Quinton, Birmingham, West Midlands B32 1JA	£1,837	74	2	Flat
£115K	07/23	0.69 mi	61, Bournebrook Crescent, Halesowen, West Midlands B62 0HZ	£2,005	57	2	Flat
£92K	04/23	0.69 mi	77, Bournebrook Crescent, Halesowen, West Midlands B62 0HZ	£1,840	50	2	Flat
£101K	03/21	0.69 mi	61, Bournebrook Crescent, Halesowen, West Midlands B62 0HZ	£1,761	57	2	Flat
£117K	05/23	0.7 mi	40, Stevens Avenue, Birmingham, West Midlands B32 3SA	£1,581	74	2	Flat
£111K	04/22	0.7 mi	12, Stevens Avenue, Birmingham, West Midlands B32 3SA	-	-	2	Flat
£100K	02/22	0.72 mi	508a, Hagley Road West, Oldbury, West Midlands B68 0BZ	-	-	2	Flat
£85K	02/21	0.75 mi	Flat 1, Beechdale, Perry Hill Road, Oldbury, West Midlands B68 0AJ	-	-	2	Flat
£87.5K	11/23	0.75 mi	29, First Meadow Piece, Quinton, Birmingham, West Midlands B32 2QJ	£1,786	49	2	Flat
£125K	06/21	0.78 mi	49, Sunny Bank Road, Oldbury, West Midlands B68 0DB	£1,989	63	2	Flat
£140K	12/22	0.8 mi	2, Ventnor Close, Oldbury, West Midlands B68 0DH	£2,326	60	2	Flat
£78K	01/22	0.82 mi	Flat 27, Perry Court, Hagley Road West, Oldbury, West Midlands B68 0BU	-	-	2	Flat
£175K	10/23	0.96 mi	279, Spies Lane, Halesowen, West Midlands B62 9BN	£4,070	43	2	Flat

Local Rents

50 rents from £750/mo to £1.4K/mo, average is £950/mo.

Rent	Date	Distance	Address	Beds	Type
£1,000	12/24	0.39 mi	Worlds End Lane, Quinton	2	Flat
£975	12/24	0.39 mi	Worlds End Lane, Quinton	2	Flat
£1,100	12/24	0.39 mi	Worlds End Lane, Quinton	2	Flat
£975	12/24	0.39 mi	Worlds End Lane, Quinton	2	Flat
£1,100	12/24	0.39 mi	Worlds End Lane, Quinton	2	Flat
£825	12/24	0.57 mi	Daventry Grove, Quinton, B32	2	Flat
£825	12/24	0.57 mi	Daventry Grove, Quinton, B32	2	Flat
£1,400	02/25	0.59 mi	-	2	Semi-Detached House
£900	03/25	0.61 mi	-	2	Terraced House
£1,050	02/24	0.63 mi	-	2	Terraced House
£1,050	12/24	0.67 mi	Quinton Road West, Birmingham, West Midlands, B32	2	Flat
£1,095	12/24	0.67 mi	Quinton Road West, Birmingham, West Midlands, B32	2	Flat
£800	03/25	0.67 mi	-	2	Flat
£1,100	12/24	0.69 mi	Dufton Road, Quinton, BIRMINGHAM	2	Flat
£875	12/24	0.73 mi	Flat 6 Quinton Court	2	Flat
£875	12/24	0.73 mi	8 Quinton Court, B68	2	Flat
£875	12/24	0.73 mi	25 Quinton Court, B68	2	Flat
£950	02/24	0.75 mi	-	2	Terraced House
£950	02/24	0.76 mi	-	2	Terraced House
£845	12/24	0.77 mi	-	2	Flat
£750	12/24	0.77 mi	Hagley Road West, Oldbury	2	Flat
£750	12/24	0.77 mi	Hagley Road West, Oldbury	2	Flat
£900	01/24	0.79 mi	-	2	Flat
£995	04/25	0.79 mi	-	2	Flat
£850	12/24	0.8 mi	The Hill, Quinton, Birmingham	2	Flat
£925	12/24	0.87 mi	Blandford Road, Quinton, Birmingham, B32 2LP	2	Terraced House
£1,300	12/24	0.88 mi	Forest Road, OLDBURY	2	Flat
£1,100	12/24	0.88 mi	-	2	Terraced House
£900	12/24	0.93 mi	Math Meadow, Birmingham	2	Terraced House
£1,050	12/24	0.97 mi	Wisley Way, Birmingham	2	Flat
£1,200	12/24	0.99 mi	Heathy Farm Close, Bartley Green, Birmingham	2	Terraced House
£1,150	12/24	1.07 mi	Balden Road, Harborne	2	Terraced House
£925	12/24	1.08 mi	-	2	Terraced House
£950	12/24	1.08 mi	-	2	Terraced House
£925	12/24	1.08 mi	-	2	Terraced House
£925	12/24	1.08 mi	-	2	Terraced House
£950	01/25	1.08 mi	-	2	Terraced House
£950	01/25	1.08 mi	-	2	Terraced House
£950	01/25	1.08 mi	-	2	Terraced House
£850	12/24	1.08 mi	Tame Rise, Oldbury, West Midlands	2	Flat
£950	01/25	1.09 mi	-	2	Semi-Detached House
£950	12/24	1.09 mi	-	2	Semi-Detached House
£1,100	12/24	1.18 mi	Hagley Road West, Smethwick, B67	2	Terraced House
£1,000	12/24	1.18 mi	-	2	Terraced House
£975	03/25	1.19 mi	-	2	Semi-Detached House
£995	12/24	1.19 mi	Hampton Court Road, Harborne, Birmingham, B17 9AE	2	Flat
£1,150	12/24	1.2 mi	Court Oak Road, Harborne, B17	2	Flat
£975	01/24	1.2 mi	-	2	Terraced House
£1,000	12/24	1.2 mi	Hampton Court Road, Harborne, Birmingham, B17	2	Terraced House
£1,000	12/24	1.2 mi	Hampton Court Road, Harborne, Birmingham, B17	2	Terraced House

Local Area Statistics

Population in B32	38,35638,356
Population in Birmingham	1,034,8211,034,821
Town centre distance	5.01 miles away5.01 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	2.17 miles away2.17 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+35%+35%

Property History

Listed for £125,000

February 10, 2025

Floor Plans

Description

Duplex Flat +
First Floor +
Close To Amenities +
Two Double Bedrooms +
Well Presented Throughout +
Call Oakmans Today +

Duplex Flat * Open Plan Living * Spacious Throughout

Oakmans Estate Agents are delighted to present this stunning first-floor duplex flat, ideally situated in the sought-after area of Bartley Green.

The property briefly comprises of spacious entrance hallway with storage leading into the living room flowing directly into kitchen/dining area. Upstairs offers hallway with additional storage, two double bedrooms and shower room.

Ideally situated for local shops, schools and amenities. Transport links are close by with connections into Birmingham city centre and resident parking is available outside. This home is perfect for families, first-time buyers, or investors looking to secure a fantastic opportunity in a high-demand location.

Call Oakmans Estate Agents today to arrange your viewing and avoid missing out!

We are advised that the property is Leasehold and is Council Tax Band A.

Leasehold information provided:
114 years remaining on the lease
Ground Rent is £10 per annum
Service Charge is £812 per annum
All information must be verified by a legal representative.

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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