5 Bed Terraced House, Planning Permission, Birmingham, B32 2SQ, £280,000

Edison Grove, Birmingham, B32 2SQ - 1 views - 2 months ago

Planning
~178 m²
+22 photos

ValuationUndervalued

Sold Prices£262.5K - £1.4M
Sold Prices/m²£2K/m² - £7.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.6K/m²

Value Estimate

£288,400
BMV3%

 

 

End Value (After Refurb)

£440,185

Uplift in Value

+57%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Refurb Costs

£70,546

Bridging Loan Interest

£7,350

Total Cash In

£160,746

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£440,185

Agent Fees (1%)

£4,402

Bridging Loan

£210,000

Bridging Loan Interest

£7,350

Flip Profit

£65,037

Local Sold Prices

50 sold prices from £262.5K to £1.4M, average is £490K. £2K/m² to £7.4K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£262.5K06/210.43 mi220, Ridgacre Road, Quinton, Birmingham, West Midlands B32 1JR5
£420K09/210.76 mi28, Norman Avenue, Birmingham, West Midlands B32 2EX5
£440K10/230.76 mi20, Clydesdale Road, Quinton, Birmingham, West Midlands B32 1DP5
£480K03/220.8 mi21, Stanley Avenue, Birmingham, West Midlands B32 2HB5
£475K08/230.81 mi16, Hollister Drive, Birmingham, West Midlands B32 3XG5
£425K12/220.83 mi2, Oak Road, Oldbury, West Midlands B68 0BE5
£313K01/210.86 mi6, Elm Croft, Oldbury, West Midlands B68 0BQ5
£295K11/200.87 mi753, Hagley Road West, Birmingham, West Midlands B32 1DN5
£1.4M04/230.93 mi57, Croftdown Road, Birmingham, West Midlands B17 8RE5
£270K10/210.99 mi48, Greenacres, Bartley Green, Birmingham, West Midlands B32 3BF5
£315K12/201.05 mi55, Goodrest Avenue, Halesowen, West Midlands B62 0HR5
£475K01/231.1 mi2, Edward Road, Oldbury, West Midlands B68 0LY5
£288K02/211.11 mi20, Monckton Road, Oldbury, West Midlands B68 0QX5
£385K11/211.12 mi63, Frankley Avenue, Halesowen, West Midlands B62 0DX5
£575K07/231.15 mi38, King Charles Road, Halesowen, West Midlands B62 0DR5
£325K03/211.15 mi33, Frankley Avenue, Halesowen, West Midlands B62 0EA5
£340K12/221.16 mi245, Howley Grange Road, Halesowen, West Midlands B62 0JD5
£480K04/211.2 mi92, Carters Lane, Halesowen, West Midlands B62 0BT5
£402.4K06/211.23 mi56, Stuart Road, Halesowen, West Midlands B62 0EB5
£475K10/201.24 mi24, Lightwoods Hill, Smethwick, West Midlands B67 5EA5
£590K08/221.26 mi14, Lightwoods Hill, Smethwick, West Midlands B67 5EA5
£1.1M12/201.27 mi1b, Blakeney Avenue, Birmingham, West Midlands B17 8AP5
£500K07/231.28 mi32, Raddens Road, Halesowen, West Midlands B62 0AN5
£985K02/231.3 mi4, Victoria Road, Harborne, Birmingham, West Midlands B17 0AH5
£980K10/221.32 mi61, Hagley Road West, Birmingham, West Midlands B17 8AE5
£778K02/211.36 mi43, Kelmscott Road, Birmingham, West Midlands B17 8QW5
£1.1M03/231.36 mi18, Gillhurst Road, Birmingham, West Midlands B17 8QS5
£322.5K02/221.39 mi15, Broadway Croft, Oldbury, West Midlands B68 9DJ5
£717.5K06/211.4 mi21, Lonsdale Road, Harborne, Birmingham, West Midlands B17 9QX5
£785K06/211.4 mi55, Lonsdale Road, Harborne, Birmingham, West Midlands B17 9QX5
£850K01/211.4 mi71, Lonsdale Road, Harborne, Birmingham, West Midlands B17 9QX5
£535K10/221.41 mi85, Kent Road, Halesowen, West Midlands B62 8PB5
£730K11/201.43 mi18, Ellesboro Road, Birmingham, West Midlands B17 8PT5
£770K09/221.54 mi4, The Oaks, Harborne, Birmingham, West Midlands B17 8QQ5
£335K09/211.54 mi83, Trinder Road, Smethwick, West Midlands B67 5NX5
£827K12/221.58 mi68, Knightlow Road, Harborne, Birmingham, West Midlands B17 8QB5
£1.2M10/201.64 mi24, St Marys Road, Harborne, Birmingham, West Midlands B17 0HA5
£475K12/221.65 mi86, Manor Abbey Road, Halesowen, West Midlands B62 0AA5
£527K09/211.66 mi56, Station Road, Harborne, Birmingham, West Midlands B17 9LX5
£600K04/211.67 mi68, Brandhall Road, Oldbury, West Midlands B68 8DT5
£430K09/211.67 mi64, Brandhall Road, Oldbury, West Midlands B68 8DT5
£470K03/211.73 mi34, Station Road, Harborne, Birmingham, West Midlands B17 9LY5
£422K03/211.73 mi5, Barnsley Road, Birmingham, West Midlands B17 8EB5
£637.5K11/221.73 mi34, Station Road, Harborne, Birmingham, West Midlands B17 9LY5
£590K08/211.75 mi66, Park Hill Road, Harborne, Birmingham, West Midlands B17 9HJ5
£527K10/221.81 mi75, Sandon Road, Birmingham, West Midlands B17 8DT5
£575K10/201.86 mi38, Rose Road, Harborne, Birmingham, West Midlands B17 9LJ5
£360K01/231.9 mi23, Poplar Avenue, Edgbaston, Birmingham, West Midlands B17 8EG5
£610K04/211.92 mi17, Cardinal Close, Birmingham, West Midlands B17 8EU5
£575K06/211.92 mi22, Cardinal Close, Birmingham, West Midlands B17 8EU5

Local Rents

41 rents from £800/mo to £3.1K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£90012/240.07 miRennie Grove, Quinton, Birmingham3
£1,29503/250.09 mi-3
£1,29512/240.11 miWorlds End Lane, Birmingham, West Midlands, B323
£1,25012/240.11 miWorlds End Lane, Quinton, BIRMINGHAM3
£1,10003/250.17 mi-3
£1,40012/240.17 miWedgewood Road, Quinton, BIRMINGHAM3
£1,60012/240.2 miWhite road, Quinton, birmingham, B32 2SZ4
£95012/240.25 miOverdale Road, Birmingham3
£1,10012/240.29 miMiddle Meadow Avenue, Quinton3
£3,10012/240.34 mi-3
£1,20012/240.34 miTedstone Road, Quinton, Birmingham, B323
£1,50012/240.36 miHiggins Lane, Quinton, Birmingham, B324
£1,50012/240.36 mi-4
£1,15012/240.4 miWoodhouse Road, Quinton, BIRMINGHAM3
£1,25012/240.4 mi-3
£1,25002/250.41 mi-3
£1,35012/240.42 mi-4
£1,35002/250.42 mi-3
£80012/240.42 miWoodhouse Road, Birmingham, B323
£2,50012/240.42 mi-3
£1,19503/250.42 mi-3
£1,20001/250.43 mi-3
£1,20012/240.43 miWoodhouse Road, Quinton, Birmingham, West Midlands, B32 2DH3
£1,30004/250.44 mi-3
£1,20003/250.45 mi-3
£99512/240.51 miWorlds End Lane, Birmingham, B323
£1,30012/240.55 miDwellings Lane, Quinton3
£97512/230.55 mi-4
£95012/240.55 miTennal Road, Quinton, B323
£1,15004/250.56 mi-3
£1,49512/240.57 miWolverhampton Road South, Quinton, Birmingham, West Midlands, B32 2AX3
£1,99212/240.58 miTennal Road, Birmingham, B324
£1,30012/240.58 mi-3
£1,80012/240.58 miTennal Road, Quinton, Birmingham, B324
£1,89512/240.58 miTennal Road, Quinton, Birmingham, B324
£1,00012/240.58 miTennal Road, Harborne3
£1,20012/240.58 miTennal Road, Birmingham3
£1,30012/240.6 mi-3
£1,10004/250.6 mi-3
£1,30012/240.6 mi-3
£1,20001/250.61 mi-3

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

4.68 miles away

Nearest school

0.10 miles away

Nearest train station

2.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £280,000

February 10, 2025

Floor Plans

Description

  • FIVE BEDROOMS +
  • LOFT CONVERSION +
  • OUTBUILDING TO REAR +
  • CLOSE TO AMENITES AND TRANSPORT LINKS +
  • CALL OAKMANS TODAY! +

MUST SEE PROPERTY AMPLE SPACE THROUGHOUT CONVENIENT LOCATION

Oakmans are delighted to offer a well presented, five bedroom family home situated on the highly popular, residential yet quiet Edison grove. This property boasts move in ready accommodation and further benefits from having a loft conversion, outbuilding and is close to a variety of amenities and transport links.

Edison Grove would make an exceptional family home and briefly comprises porch, entrance hall, open lounge and dining space, kitchen and bathroom on the ground floor. On the first floor there is four generously sized bedrooms with stairs leading to loft conversion room.

To the rear, there is a low-maintenance, slabbed garden leading to good sized outbuilding.

Property type: Mid-terraced house
Tenure: Freehold
Council Tax Band: B
EPC Rating: TBC
Construction Type: Standard construction
Parking Arrangements: Off street parking to front
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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