3 Bed Semi-Detached House, Single Let, Birmingham, B24 9RX, £225,000

Tyburn Road, Erdington, Birmingham, B24 9RX - a month ago

BTL
ROI: 3%
~93 m²
+26 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£185,136

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 - £3,350

Rent Estimate

£1,100

Running Costs/mo

£943

Cashflow/mo

£157

Cashflow/yr

£1,883

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £15.8K to £310K, average is £185.5K. £185/m² to £3.2K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£160.5K08/210.1 mi35, Belvedere Road, Birmingham, West Midlands B24 9RN3
£86K05/230.16 mi2, Glenthorne Road, Birmingham, West Midlands B24 9RB3
£140K06/210.17 mi63, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JR3
£185K05/230.17 mi37, Tonbridge Road, Birmingham, West Midlands B24 8ED3
£139K07/210.2 mi14, Bisley Grove, Birmingham, West Midlands B24 9RD3
£15.8K12/230.22 mi33, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£180K07/210.22 mi27, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£192.5K01/230.23 mi71, Round Road, Birmingham, West Midlands B24 9QY3
£215K02/230.23 mi468, Tyburn Road, Birmingham, West Midlands B24 8EE3
£215K10/230.23 mi474, Tyburn Road, Birmingham, West Midlands B24 8EE3
£212K05/230.23 mi460, Tyburn Road, Birmingham, West Midlands B24 8EE3
£155K11/210.26 mi29, Alleyne Road, Birmingham, West Midlands B24 8EJ3
£190K02/230.26 mi168, Round Road, Birmingham, West Midlands B24 9SN3
£140K12/200.27 mi10, Spruce Grove, Birmingham, West Midlands B24 9TB3
£220K06/210.27 mi19, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JT3
£172K10/200.29 mi26, Alleyne Road, Birmingham, West Midlands B24 8EL3
£147K03/210.3 mi52, Firtree Road, Birmingham, West Midlands B24 9SH3
£225K11/210.3 mi13, Firtree Road, Birmingham, West Midlands B24 9SH3
£160K02/210.3 mi32, Firtree Road, Birmingham, West Midlands B24 9SH3
£172.5K11/220.31 mi120, Croydon Road, Erdington, Birmingham, West Midlands B24 8JL3
£310K11/210.35 mi409, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9SD3
£202K09/230.35 mi407, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9SD3
£172.5K09/210.35 mi75, Bracebridge Road, Birmingham, West Midlands B24 8JG3
£170K07/210.37 mi46, Birches Green Road, Birmingham, West Midlands B24 9SR3
£114K09/230.37 mi46, Birches Green Road, Birmingham, West Midlands B24 9SR3
£155K05/210.37 mi19, Bracebridge Road, Birmingham, West Midlands B24 8JQ3
£190K01/210.37 mi790, Tyburn Road, Birmingham, West Midlands B24 9NU3
£160K12/200.38 mi209, Wheelwright Road, Birmingham, West Midlands B24 8HR3
£238K06/210.4 mi450, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NQ3
£187K07/210.41 mi34, Ismere Road, Birmingham, West Midlands B24 9SX3
£220K04/230.41 mi36, Ismere Road, Erdington, Birmingham, West Midlands B24 9SX3
£156.5K02/210.41 mi14, Shipley Fields, Birmingham, West Midlands B24 9BW3
£186K09/210.42 mi398, Tyburn Road, Birmingham, West Midlands B24 8HP3
£210K07/210.42 mi2, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£198K10/210.42 mi25, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£225K09/230.42 mi23, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£200K10/200.43 mi162, Wheelwright Road, Birmingham, West Midlands B24 8HB3
£210K08/230.44 mi161, Wood End Road, Erdington, Birmingham, West Midlands B24 8BL3
£150K01/210.45 mi197, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QX3
£160K12/200.45 mi37, Spring Lane, Birmingham, West Midlands B24 9BP3
£200K02/210.45 mi7a, Spring Lane, Birmingham, West Midlands B24 9BP3
£176K10/210.46 mi515, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NJ3
£202K05/230.46 mi537, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NJ3
£178.5K03/210.46 mi11, Bracken Road, Birmingham, West Midlands B24 9NL3
£296K01/230.46 mi194, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QY3
£260K02/230.48 mi150, Erdington Hall Road, Birmingham, West Midlands B24 8JD3
£285K05/210.49 mi35, Shepherds Green Road, Birmingham, West Midlands B24 8EX3
£171K10/200.5 mi28, Ullrik Green, Birmingham, West Midlands B24 8RH3
£281K11/210.5 mi33, Shepherds Green Road, Birmingham, West Midlands B24 8EX3
£182.5K04/210.51 mi599, Holly Lane, Erdington, Birmingham, West Midlands B24 9NR3

Local Rents

12 rents from £995/mo to £3.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£99512/240.04 miTyburn Road, Birmingham3
£1,20012/240.04 mi-3
£1,27502/250.15 mi-3
£3,35002/240.2 mi-3
£1,20001/250.22 mi-3
£1,10003/240.37 mi-3
£1,15003/250.37 mi-3
£1,10012/240.37 miSummerlee Road, Birmingham, B243
£1,10012/240.42 miTyburn Road, Erdington3
£1,20012/240.53 miKingsbury Road, Erdington, BIRMINGHAM3
£1,25012/240.59 mi-3
£1,10012/240.59 miAnsell Road, Erdington3

Local Area Statistics

Population in B24

28,259

Population in Birmingham

1,034,821

Town centre distance

3.85 miles away

Nearest school

0.30 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+36%

Property History

Listed for £225,000

February 22, 2025

Floor Plans

Description

  • Entrance porch & hall +
  • Lounge diner +
  • Fitted kitchen +
  • Sun room +
  • Three bedrooms +
  • First floor shower room +
  • Gas central heating & double glazing +
  • Rear garage & workshop +
  • Lovely gardens +
  • EPC rating D +

A particularly well presented traditional three bedroom semi-detached family home situated on this main arterial route popular for commuting, access to local schools and for local amenities. Benefits include a lovely ‘through lounge diner’ plus rear sun room, ‘showpiece’ first floor shower room and separate WC, double glazing including double height bay windows to front and rear, gas central heating, large garage with mechanics pit and workshop to the rear with shared residents vehicle access, no upward chain. Nearest bus connections just 220m/0.1 mile. M6 Junction 6/A38 (M) Aston Expressway 2.4km/1.5 miles by vehicle. Gravelly Hill Cross City Line Rail Station 1.8km/1.1 miles. Birches Green Primary School and Erdington Academy within 850m/0.5 miles. SS Peter & Paul Catholic Primary School 1.1km/0.7 miles. Council Tax Band: B. Tenure: Freehold.

Descriptions, floor plans, measurements and photographs of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquiries to ensure that our descriptions, floor plans, measurements and photographs are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection and by your surveyor and conveyancer. Measurements supplied are for general guidance only and as such should be considered as incorrect. Tenure must be confirmed via solicitors. ALL IMAGES ARE PROPERTY OF WALLER & FARNWORTH LTD.

Agent Details

Waller & Farnworth, Birmingham

0121 387 6585

Next Steps?

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