3 Bed Terraced House, Single Let, Birmingham, B24 8JG, £199,995

Bracebridge Road, Erdington, Birmingham, B24 8JG - 2 views - 3 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£15.8K - £310K
Sold Prices/m²£185/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.1K/m²

Value Estimate

£193,315

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,999

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,199

 

 

Cash Out

 

Rent Range

£850 - £3,350

Rent Estimate

£1,008

Running Costs/mo

£847

Cashflow/mo

£161

Cashflow/yr

£1,937

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £15.8K to £310K, average is £206K. £185/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£172.5K09/210.01 mi75, Bracebridge Road, Birmingham, West Midlands B24 8JG3
£172.5K11/220.1 mi120, Croydon Road, Erdington, Birmingham, West Midlands B24 8JL3
£210K07/210.1 mi2, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£198K10/210.1 mi25, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£225K09/230.1 mi23, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£155K05/210.11 mi19, Bracebridge Road, Birmingham, West Midlands B24 8JQ3
£15.8K12/230.14 mi33, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£180K07/210.14 mi27, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£260K02/230.14 mi150, Erdington Hall Road, Birmingham, West Midlands B24 8JD3
£155K11/210.14 mi29, Alleyne Road, Birmingham, West Midlands B24 8EJ3
£285K05/210.15 mi35, Shepherds Green Road, Birmingham, West Midlands B24 8EX3
£281K11/210.16 mi33, Shepherds Green Road, Birmingham, West Midlands B24 8EX3
£160K12/200.19 mi209, Wheelwright Road, Birmingham, West Midlands B24 8HR3
£260K07/230.2 mi106, Wheelwright Road, Birmingham, West Midlands B24 8PD3
£140K06/210.21 mi63, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JR3
£150K01/210.21 mi197, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QX3
£185K05/230.22 mi37, Tonbridge Road, Birmingham, West Midlands B24 8ED3
£223K01/230.22 mi69, Wheelwright Road, Birmingham, West Midlands B24 8PE3
£225K10/200.23 mi77, Wheelwright Road, Birmingham, West Midlands B24 8PE3
£186K09/210.23 mi398, Tyburn Road, Birmingham, West Midlands B24 8HP3
£215K02/230.24 mi468, Tyburn Road, Birmingham, West Midlands B24 8EE3
£215K10/230.24 mi474, Tyburn Road, Birmingham, West Midlands B24 8EE3
£212K05/230.24 mi460, Tyburn Road, Birmingham, West Midlands B24 8EE3
£290K05/230.24 mi31, Lyndhurst Road, Birmingham, West Midlands B24 8QR3
£220K06/210.24 mi19, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JT3
£260K06/220.24 mi29, Lyndhurst Road, Birmingham, West Midlands B24 8QR3
£267K12/220.24 mi19, Lyndhurst Road, Birmingham, West Midlands B24 8QR3
£296K01/230.24 mi194, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QY3
£257K01/230.27 mi54, Ansell Road, Erdington, Birmingham, West Midlands B24 8LU3
£235K07/230.28 mi46, Ansell Road, Erdington, Birmingham, West Midlands B24 8LU3
£175K01/210.31 mi68, Downside Road, Birmingham, West Midlands B24 8PH3
£210K08/230.33 mi161, Wood End Road, Erdington, Birmingham, West Midlands B24 8BL3
£175K06/230.34 mi190, Hawkesyard Road, Birmingham, West Midlands B24 8LH3
£150K01/210.34 mi181, Hawkesyard Road, Birmingham, West Midlands B24 8LJ3
£167K03/210.34 mi153, Hawkesyard Road, Birmingham, West Midlands B24 8LJ3
£160.5K08/210.34 mi35, Belvedere Road, Birmingham, West Midlands B24 9RN3
£135K09/210.36 mi276, Tyburn Road, Birmingham, West Midlands B24 8LT3
£86K05/230.37 mi2, Glenthorne Road, Birmingham, West Midlands B24 9RB3
£210K01/230.39 mi111, Wood End Road, Erdington, Birmingham, West Midlands B24 8BH3
£139K07/210.39 mi14, Bisley Grove, Birmingham, West Midlands B24 9RD3
£217K03/230.41 mi25, St Dominics Road, Birmingham, West Midlands B24 8LL3
£281K12/200.46 mi25, Rollason Road, Birmingham, West Midlands B24 9BJ3
£310K11/210.46 mi409, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9SD3
£202K09/230.46 mi407, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9SD3
£192.5K01/230.47 mi71, Round Road, Birmingham, West Midlands B24 9QY3
£240K05/230.47 mi29, Jaffray Road, Birmingham, West Midlands B24 8AZ3
£100K04/230.48 mi96, Hawkesyard Road, Birmingham, West Midlands B24 8LF3
£147K03/210.48 mi52, Firtree Road, Birmingham, West Midlands B24 9SH3
£225K11/210.48 mi13, Firtree Road, Birmingham, West Midlands B24 9SH3
£160K02/210.48 mi32, Firtree Road, Birmingham, West Midlands B24 9SH3

Local Rents

12 rents from £850/mo to £3.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.23 miTyburn Road, Erdington3
£1,10012/240.28 miAnsell Road, Erdington3
£1,27503/250.3 mi-3
£99512/240.36 miTyburn Road, Birmingham3
£1,20012/240.37 mi-3
£1,20002/240.41 mi-3
£1,25012/240.41 mi-3
£3,35002/240.52 mi-3
£1,20004/250.53 mi-3
£1,20001/250.54 mi-3
£85012/240.55 miMinstead Road,Erdington,Birmingham,B243
£1,30012/240.61 miElder Way, Birmingham3

Local Area Statistics

Population in B24

28,259

Population in Birmingham

1,034,821

Town centre distance

3.69 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+36%

Property History

Listed for £199,995

February 10, 2025

Floor Plans

Description

  • OFFERED FOR SALE WITH NO UPWARD CHAIN - VACANT POSSESSION UPON COMPLETION +
  • EXTENDED FAMILY HOME OFFERING TREMENDOUS POTENTIAL +
  • CLOSE TO PUBLIC TRANSPORT ROUTES AND A RANGE OF LOCAL AMENITIES TO INCLUDE SHOPS STORES SUPERMARKETS AND SCHOOLS +
  • TWO RECEPTION ROOMS +
  • EXTENDED FITTED KITCHEN +
  • THREE GOOD SIZE BEDROOMS TO FIRST FLOOR +
  • FIRST FLOOR BATHROOM WITH SHOWER +
  • WELL MAINTAINED EASTERLY FACING REAR GARDENS +
  • OFFROAD PARKING TO THE FRONTAGE +
  • VIEWINGS STRICTLY BY APPOINTMENT FOR PROCEEDABLE PURCHASERS ONLY +

OFFERED FOR SALE WITH NO UPWARD CHAIN VACANT POSSESSION UPON COMPLETION - Outstanding is definitely a word that would apply to this incredible family home. Being adjacent to a range of local amenities to include arterial transport routes to Birmingham, convenience shopping, and local schooling. Presented to offer separate front and rear family living space with spacious lounge and dining room and a beautifully appointed and extended fitted kitchen - this home offers it all. Providing three good size bedrooms to the first floor together with shower/ bathroom, the property further presents a garden extending to the rear elevation with patio area and off road parking to the frontage. With tremendous potential for further re-interpretation this family home is bound to attract early attention - book now to avoid disappointment.
Viewing is highly advised and via Paul Carr Estate Agents for proceedable purchasers.

Agent Details

Paul Carr, Erdington

0121 387 6412

Next Steps?

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