3 Bed Semi-Detached House, Cash/Bridging Only, Birmingham, B43 5HP, £170,000

Claverdon Drive, Great Barr, Birmingham, B43 5HP - 2 views - 2 months ago

Sold STC
Leasehold
Auction
Cash
ROI: 6%
~93 m²
+11 photos

ValuationFair Value

Sold Prices£124K - £350K
Sold Prices/m²£1.4K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£170,000

 

 

End Value (After Refurb)

£240,860

Uplift in Value

+42%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Refurb Costs

£36,800

Bridging Loan Interest

£4,463

Total Cash In

£91,813

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£240,860

Agent Fees (1%)

£2,409

Bridging Loan

£127,500

Bridging Loan Interest

£4,463

Flip Profit

£19,139

Local Sold Prices

50 sold prices from £124K to £350K, average is £211K. £1.4K/m² to £3.7K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£186K04/210.01 mi22, Claverdon Drive, Great Barr, Birmingham, West Midlands B43 5HP3
£265K05/230.01 mi56, Claverdon Drive, Great Barr, Birmingham, West Midlands B43 5HP3
£310K06/230.01 mi22, Claverdon Drive, Great Barr, Birmingham, West Midlands B43 5HP3
£230K03/210.03 mi1, Claverdon Drive, Great Barr, Birmingham, West Midlands B43 5HR3
£265K07/230.04 mi116, Stanton Road, Great Barr, Birmingham, West Midlands B43 5HG3
£212K12/200.07 mi15, Baker House Grove, Birmingham, West Midlands B43 5HX3
£245K07/230.08 mi2, Venning Grove, Birmingham, West Midlands B43 5HS3
£250K11/220.1 mi38, Stanton Road, Great Barr, Birmingham, West Midlands B43 5HA3
£190K06/210.1 mi52, Stanton Road, Great Barr, Birmingham, West Midlands B43 5HA3
£245K01/210.11 mi154, Stanton Road, Great Barr, Birmingham, West Midlands B43 5HL3
£165K08/210.12 mi172, Hamstead Road, Great Barr, Birmingham, West Midlands B43 5BJ3
£170K10/200.14 mi162, Appleton Avenue, Great Barr, Birmingham, West Midlands B43 5NB3
£215K10/210.16 mi37, Chudleigh Grove, Birmingham, West Midlands B43 5HJ3
£200K04/230.16 mi8, Chudleigh Grove, Birmingham, West Midlands B43 5HJ3
£210K11/200.16 mi15, Chudleigh Grove, Birmingham, West Midlands B43 5HJ3
£183K02/210.16 mi1, Haven Croft, Birmingham, West Midlands B43 5LF3
£232K01/230.17 mi26, Templemore Drive, Birmingham, West Midlands B43 5HE3
£275K04/230.17 mi47, Lechlade Road, Great Barr, Birmingham, West Midlands B43 5ND3
£200K05/210.18 mi97, Green Lane, Great Barr, Birmingham, West Midlands B43 5LG3
£220K03/210.19 mi7, Tanhouse Avenue, Hamstead, Birmingham, West Midlands B43 5AA3
£215K12/200.19 mi65, Woodfort Road, Birmingham, West Midlands B43 5QN3
£160K06/210.19 mi47, Linden Avenue, Birmingham, West Midlands B43 5JU3
£159K07/230.19 mi36, Linden Avenue, Birmingham, West Midlands B43 5JU3
£205K03/210.19 mi56, Linden Avenue, Birmingham, West Midlands B43 5JU3
£230K11/220.2 mi2, Glendene Drive, Birmingham, West Midlands B43 5JN3
£209K12/200.2 mi72, Green Lane, Great Barr, Birmingham, West Midlands B43 5LE3
£260K08/230.2 mi40, Lechlade Road, Great Barr, Birmingham, West Midlands B43 5NF3
£205K06/230.2 mi18, Lechlade Road, Great Barr, Birmingham, West Midlands B43 5NF3
£206K05/230.21 mi45, James Road, Great Barr, Birmingham, West Midlands B43 5EU3
£191K09/220.21 mi61, James Road, Great Barr, Birmingham, West Midlands B43 5EU3
£200K12/200.21 mi63, Appleton Avenue, Great Barr, Birmingham, West Midlands B43 5LY3
£208K05/210.23 mi4, Greenfield Road, Great Barr, Birmingham, West Midlands B43 5AP3
£247K11/220.23 mi1, Winster Road, Birmingham, West Midlands B43 5BS3
£193.5K03/210.24 mi3, Nolton Close, Birmingham, West Midlands B43 5JY3
£167K07/230.24 mi9, Nolton Close, Birmingham, West Midlands B43 5JY3
£158K10/200.24 mi12, Cromane Square, Birmingham, West Midlands B43 5QS3
£230K12/200.24 mi20, Danford Way, Birmingham, West Midlands B43 5JL3
£273K11/220.24 mi192, Appleton Avenue, Great Barr, Birmingham, West Midlands B43 5QD3
£226K07/210.25 mi44, Green Lane, Great Barr, Birmingham, West Midlands B43 5LE3
£127K06/230.25 mi124, Hamstead Road, Great Barr, Birmingham, West Midlands B43 5BN3
£285K02/210.25 mi29, Langford Avenue, Birmingham, West Midlands B43 5NH3
£260K10/210.25 mi8, Langford Avenue, Birmingham, West Midlands B43 5NH3
£205K11/200.25 mi6, Langford Avenue, Birmingham, West Midlands B43 5NH3
£350K10/220.25 mi41, Langford Avenue, Birmingham, West Midlands B43 5NH3
£215K08/210.26 mi111, Lechlade Road, Great Barr, Birmingham, West Midlands B43 5NE3
£246K09/210.26 mi2, Gorse Farm Road, Birmingham, West Midlands B43 5LT3
£225K05/230.27 mi26, Gorse Farm Road, Birmingham, West Midlands B43 5LT3
£124K03/230.27 mi82, Lechlade Road, Great Barr, Birmingham, West Midlands B43 5NG3
£150K05/210.27 mi39, Brookside, Great Barr, Birmingham, West Midlands B43 5DB3
£210K11/200.27 mi20, Brookside, Great Barr, Birmingham, West Midlands B43 5DB3

Local Rents

18 rents from £995/mo to £3.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,07503/250.03 mi-3
£1,20003/250.1 mi-3
£1,25012/240.12 miStanton Road, Great Barr, Birmingham, West Midlands3
£3,00003/240.25 mi-3
£2,60012/240.25 mi-3
£1,20012/240.28 miHamstead Road, Great Barr3
£1,20012/240.29 mi-3
£1,10012/240.34 miAppleton Avenue, BIRMINGHAM3
£1,20012/240.35 miJayshaw Avenue, Great Barr3
£99501/240.38 mi-3
£1,10012/240.43 mi-3
£1,15012/240.43 mi-3
£1,20012/240.44 miGreat Barr, B433
£1,40012/240.45 miNewton Road, Birmingham, West Midlands3
£1,20012/240.48 miHoward Road, Birmingham, West Midlands3
£3,66012/240.48 miJayshaw Avenue, Birmingham, B433
£1,20012/240.57 miWaddington Avenue, BIRMINGHAM3
£1,25003/250.61 mi-3

Local Area Statistics

Population in B43

28,796

Population in Birmingham

1,034,821

Town centre distance

5.83 miles away

Nearest school

0.20 miles away

Nearest train station

0.94 miles away

 

 

Rental growth (12m)

+22%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £170,000

February 19, 2025

Floor Plans

Description

  • BEING SOLD BY PAUL CARR MODERN AUCTION +
  • BUY IT NOW OPTION AVAILABLE - RESERVATION FEE APPLIES +
  • 3-BED SEMI-DETACHED +
  • NO CHAIN +
  • POTENTIAL TO IMPROVE +
  • SPACIOUS LOUNGE +
  • 3 GOOD-SIZED BEDROOMS +
  • INTEGRAL GARAGE +
  • GREAT LOCATION +
  • LEASEHOLD +

This Property is Being sold by Paul Carr Modern Auction.
Modern Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed. Please contact Paul Carr Estate Agents to view these documents.When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6,875 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Paul Carr Team.

CASH BUYERS ONLY. Leasehold with 34 years left on the lease. This well-proportioned three-bedroom semi-detached property offers fantastic potential for improvement. Featuring a welcoming reception hall, lounge, kitchen, and an integral garage, the home boasts two generous double bedrooms and a well-sized single. The bathroom includes both a bath and a separate shower, with a separate WC for added convenience. A beautifully maintained rear garden provides the perfect outdoor space. Ideally suited for buyers looking to add their own touch, this property is offered with no upward chain.Don't miss out – book your viewing today!

Agent Details

Paul Carr, Hamstead

0121 387 6411

Next Steps?

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