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2 Bed Flat, Single Let, Birmingham, B32 2JZ, £175,000

29 Cedarhurst, Birmingham, B32 2JZ - 2 views - 2 months ago

Leasehold
BTL
ROI: 3%
75 m²
+22 photos

ValuationUndervalued

Sold Prices£80K - £268K
Sold Prices/m²£1.7K/m² - £4.9K/m²

 

 

Square Metres

75 m²
Price/m²£2.3K/m²

Value Estimate

£211,132
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£9,950

Total Cash In

£53,700

 

 

Cash Out

 

Rent Range

£758 - £1,443

Rent Estimate

£895

Running Costs/mo

£746

Cashflow/mo

£149

Cashflow/yr

£1,790

ROI

3%

Gross Yield

6%

Local Sold Prices

31 sold prices from £80K to £268K, average is £152K. £1.7K/m² to £4.9K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£147K08/220.01 mi4, Cedarhurst, Birmingham, West Midlands B32 2JZ2
£150K11/220.05 mi64, Savoy Close, Birmingham, West Midlands B32 2JA2
£145K01/230.05 mi46, Savoy Close, Birmingham, West Midlands B32 2JA2
£215K03/210.28 mi15, Fellows Lane, Birmingham, West Midlands B17 9TS2
£224K03/210.28 mi3, Fellows Lane, Birmingham, West Midlands B17 9TS2
£235K07/230.28 mi1a, Fellows Lane, Birmingham, West Midlands B17 9TS2
£196K09/210.32 mi88, Court Oak Road, Birmingham, West Midlands B17 9TN2
£87.5K11/230.52 mi29, First Meadow Piece, Quinton, Birmingham, West Midlands B32 2QJ2
£80K05/230.61 miFlat 54, Timbermill Court, Serpentine Road, Harborne, Birmingham, West Midlands B17 9RD2
£100K07/230.61 miFlat 2, Timbermill Court, Serpentine Road, Harborne, Birmingham, West Midlands B17 9RD2
£82K08/220.62 miFlat 50, Timbermill Court, Serpentine Road, Harborne, Birmingham, West Midlands B17 9RD2
£100K12/200.78 mi14, Waterward Close, Harborne, Birmingham, West Midlands B17 0DP2
£157K02/230.8 mi43, Winchfield Drive, Birmingham, West Midlands B17 8TG2
£142.3K06/210.8 mi37, Winchfield Drive, Birmingham, West Midlands B17 8TG2
£151K09/210.8 mi53, Leahurst Crescent, Harborne, Birmingham, West Midlands B17 0LG2
£170K09/220.82 mi6, Walmead Croft, Birmingham, West Midlands B17 8TH2
£175K11/220.82 mi46, Walmead Croft, Birmingham, West Midlands B17 8TH2
£135K11/220.82 mi40, Arosa Drive, Birmingham, West Midlands B17 0SE2
£152K04/230.82 mi28, Arosa Drive, Birmingham, West Midlands B17 0SE2
£180K02/230.84 mi18, Spreadbury Close, Birmingham, West Midlands B17 8TQ2
£139K04/210.84 mi45, Arosa Drive, Birmingham, West Midlands B17 0SB2
£140K02/210.84 mi43, Arosa Drive, Birmingham, West Midlands B17 0SB2
£155K02/230.85 mi63, Sheepmoor Close, Birmingham, West Midlands B17 8TD2
£193K11/220.86 mi36, Sheepmoor Close, Birmingham, West Midlands B17 8TD2
£170K08/210.86 mi36, Sheepmoor Close, Birmingham, West Midlands B17 8TD2
£115K09/220.86 mi37, Sheepmoor Close, Birmingham, West Midlands B17 8TD2
£165K03/230.86 mi73, Arosa Drive, Birmingham, West Midlands B17 0SD2
£155K12/220.86 mi39, Arosa Drive, Birmingham, West Midlands B17 0SB2
£155K01/230.86 mi67, Arosa Drive, Birmingham, West Midlands B17 0SD2
£268K08/220.87 mi128, Ravenhurst Road, Harborne, Birmingham, West Midlands B17 9HP2
£130K05/211 miFlat 17, Kendal Tower, Malins Road, Birmingham, West Midlands B17 0JY2

Local Rents

45 rents from £758/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05012/240.18 miWisley Way, Birmingham2
£1,15004/250.2 mi-2
£89512/240.22 miFredas Grove, Harborne, Birmingham, B172
£1,15012/240.22 miNorthfield Road, Harborne, B172
£1,10012/240.23 miNorthfield Road, Harborne, Birmingham2
£90012/240.23 miMath Meadow, Birmingham2
£89512/240.28 miNorthfield Road, Harborne, Birmingham, West Midlands, B17 0ST2
£1,00012/240.29 miCourt Oak Road, Harbrone, B172
£92512/240.3 miBlandford Road, Quinton, Birmingham, B32 2LP2
£1,15012/240.33 miCourt Oak Road, Harborne, B172
£97512/240.34 miMilford Road, BIRMINGHAM2
£99903/250.35 mi-2
£1,10012/240.36 miHartledon Road, Harborne2
£1,10012/240.36 miHartledon Road, Harborne2
£97501/240.36 mi-2
£1,00012/240.36 miHampton Court Road, Harborne, Birmingham, B172
£1,00012/240.36 miHampton Court Road, Harborne, Birmingham, B172
£99512/240.37 miHampton Court Road, Harborne, Birmingham, B17 9AE2
£1,25001/250.37 mi-2
£1,15012/240.38 miHampton Court Road, Harborne, B172
£1,10012/240.38 miHampton Court Road, Harborne2
£1,27503/240.39 mi-2
£1,27512/240.39 miChurchcroft, Harborne, Birmingham, B172
£99501/250.41 mi-2
£1,10012/240.42 miWood Lane, Harborne2
£1,20004/250.45 mi-2
£1,10012/240.48 miDufton Road, Quinton, BIRMINGHAM2
£1,28012/240.49 miSt Peters Road, Harborne, BIRMINGHAM2
£1,05012/240.52 miQuinton Road West, Birmingham, West Midlands, B322
£1,09512/240.52 miQuinton Road West, Birmingham, West Midlands, B322
£1,05012/240.52 mi-2
£1,05002/240.52 mi-2
£95002/240.54 mi-2
£90003/250.54 mi-2
£95012/240.54 miFrankley Terrace, Lordswood Road2
£95002/240.55 mi-2
£1,25012/240.55 miLonsdale Square, Lordswood Road, Harborne, Birmingham, B17 9RA2
£95012/240.56 miKelfield Avenue, Birmingham, B172
£1,44312/240.56 miStudent 2 Bed 2 Bath Duplex Apartment, Harborne, B17 0QH2
£75812/240.56 miDeluxe ensuite student room, in a 2 bed duplex flat, Harborne, Birmingham2
£1,19512/240.57 miThe Lords, Lordswood Road, Harborne2
£95012/240.58 miKelfield Avenue, Birmingham2
£1,40002/250.59 mi-2
£1,35012/240.59 miHarborne Village Apartments, High Street, Harborne, B172
£1,09512/240.6 miSerpentine Road, Harborne, Birmingham, B17 9RF2

Links

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

3.87 miles away

Nearest school

0.20 miles away

Nearest train station

1.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £175,000

February 25, 2025

Floor Plans

Description

  • Two Berooms +
  • Located In A Popular Area +
  • Great Transport Links +
  • Garage Included +

Hadleigh Estate Agents are delighted to offer this fantastic two bedroom apartment for sale, offered with no upward chain. Located on a popular Road the property is conveniently located for access into Harborne, offering an abundance of shops, bars and restaurants. Nearby Queen Elizabeth Hospital and University of Birmingham, along with excellent transport links into Birmingham City Centre.

The property is situated on the first floor, comprising of spacious living room, kitchen, two double bedrooms and bathroom. The property also benefits from including a garage.

Entrance Hall - Carpeted flooring, ceiling light pendant, storage cupboard and intercom system.

Kitchen - Laminate flooring, double glazed window to rear elevation, ceiling light pendant, ample storage space and gas cooker with hob.

Living Room - Carpeted flooring, two ceiling light pendants, double glazed window to front elevation and radiator.

Master Bedroom - Carpeted flooring, double glazed window to rear elevation, radiator, ceiling light pendant and built in storage.

Bathroom - Laminate flooring, part tiled walls, hand wash basin, bath with shower over and ceiling light point.

W.C - Laminate flooring, low flush W.C and ceiling light point,.

Bedroom Two - Carpeted flooring, double glazed window to front elevation, radiator and ceiling light point.

Agent Details

Hadleigh, Harborne

0121 387 6346

Next Steps?

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

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