3 Bed Terraced House, Single Let, Birmingham, B12 0TL, £200,000

Salop Street, Birmingham, B12 0TL - 7 views - 2 months ago

BTL
ROI: 10%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£90K - £446.1K
Sold Prices/m²£1.5K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£228,730
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£1,300 - £4,805

Rent Estimate

£1,428

Running Costs/mo

£931

Cashflow/mo

£497

Cashflow/yr

£5,969

ROI

10%

Gross Yield

9%

Local Sold Prices

40 sold prices from £90K to £446.1K, average is £220K. £1.5K/m² to £3.8K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£198K10/200 mi11, Salop Street, Birmingham, West Midlands B12 0TL3
£170K03/230.35 mi3, Erasmus Road, Birmingham, West Midlands B11 1RL3
£220K12/220.36 mi20, Highgate Close, Birmingham, West Midlands B12 0YD3
£165K05/210.37 mi14, Priestley Road, Birmingham, West Midlands B11 1RW3
£165K04/210.39 mi20, Priestley Road, Birmingham, West Midlands B11 1RW3
£265K01/220.49 mi44, Alexandra Road, Birmingham, West Midlands B5 7NJ3
£224K11/220.5 mi30, Kinver Croft, Birmingham, West Midlands B12 9EH3
£245K05/230.51 mi28, Kinver Croft, Birmingham, West Midlands B12 9EH3
£196.5K03/210.57 mi37, Belgravia Close, Birmingham, West Midlands B5 7LA3
£186K12/200.57 mi26, Larches Street, Birmingham, West Midlands B11 1XH3
£305K06/230.63 mi54, Hawthorn Close, Birmingham, West Midlands B9 4JF3
£180K09/220.64 mi82, Woodfield Road, Balsall Heath, Birmingham, West Midlands B12 8TH3
£270K09/210.65 mi105, Alexandra Road, Birmingham, West Midlands B5 7NN3
£220K03/210.65 mi115, Alexandra Road, Birmingham, West Midlands B5 7NN3
£273K10/220.65 mi119, Alexandra Road, Birmingham, West Midlands B5 7NN3
£196K05/210.65 mi125, Alexandra Road, Birmingham, West Midlands B5 7NN3
£220K03/210.65 mi117, Alexandra Road, Birmingham, West Midlands B5 7NN3
£207K03/230.66 mi138, Bolton Road, Small Heath, Birmingham, West Midlands B10 0BB3
£220K03/210.67 mi40, Princess Road, Birmingham, West Midlands B5 7PU3
£230K05/230.72 mi40, Vincent Street, Birmingham, West Midlands B12 9TP3
£200K01/220.73 mi10, Four Stones Grove, Birmingham, West Midlands B5 7LW3
£198K06/210.76 mi41, Vann Close, Birmingham, West Midlands B10 0DE3
£90K08/220.76 mi81, Court Road, Balsall Heath, Birmingham, West Midlands B12 9LQ3
£158K08/210.77 mi27, Montgomery Croft, Birmingham, West Midlands B11 1EL3
£250K05/220.78 mi117, Ladypool Road, Birmingham, West Midlands B12 8LH3
£446.1K03/230.82 mi13, Spring Road, Edgbaston, Birmingham, West Midlands B15 2HG3
£191K05/230.87 mi20, Maxstoke Street, Birmingham, West Midlands B9 4JQ3
£260K11/200.89 mi31, Jakeman Road, Birmingham, West Midlands B12 9NT3
£141K10/200.93 mi100, Whitmore Road, Small Heath, Birmingham, West Midlands B10 0NP3
£235K07/230.93 mi41, Medlicott Road, Birmingham, West Midlands B11 1PY3
£252K05/230.93 mi29, Templefield Gardens, Birmingham, West Midlands B9 4NY3
£192.5K05/210.94 mi42, Jakeman Road, Birmingham, West Midlands B12 9NX3
£280K02/220.95 mi25, Midford Grove, Birmingham, West Midlands B15 2DT3
£170K04/230.96 mi39, Cyril Road, Birmingham, West Midlands B10 0SS3
£232.5K02/210.97 mi81, Harbury Road, Birmingham, West Midlands B12 9NG3
£182K09/220.98 mi80, Cyril Road, Birmingham, West Midlands B10 0TG3
£330K05/230.99 mi37, Aboyne Close, Edgbaston, Birmingham, West Midlands B5 7PQ3
£427.5K03/210.99 mi35, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BN3
£220K10/210.99 mi51, Cattell Road, Birmingham, West Midlands B9 4SA3
£175K12/221 mi33, Henshaw Road, Small Heath, Birmingham, West Midlands B10 0TD3

Local Rents

50 rents from £1.3K/mo to £4.8K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,39912/240.06 mi-3
£3,00005/240.36 mi-3
£3,00003/240.36 mi-3
£3,00012/240.36 mi-3
£3,00012/240.36 mi-3
£3,00012/240.36 mi-3
£3,00012/240.36 mi-3
£3,00012/240.36 mi-3
£3,00004/250.36 mi-3
£1,90012/240.38 miBelgrave Village, Bird Close, Birmingham, B123
£1,85012/240.39 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,85012/240.39 miAVAILABLE IMMEDIATELY! £142.31 PPPW Parkes Avenue, B12 9AW. Available on Mid January 20243
£1,85012/240.39 miAVAILABLE IMMEDIATELY! Parkes Avenue, B12 9AW3
£1,85012/240.39 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,85012/240.39 miAVAILABLE IMMEDIATELY! £142.31 Parkes Avenue, B12 9AW. Available on 24 January 20243
£1,85012/240.39 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,85012/240.39 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,85012/240.39 miAVAILABLE IMMEDIATELY! £142.31 PPPW Three Bedroom House in Parkes Avenue, B12 9AW3
£1,85012/240.41 miParkes Avenue, Birmingham, B123
£1,85004/240.41 mi-3
£3,00012/240.41 mi-3
£3,30002/250.41 mi-3
£1,85004/250.41 mi-3
£1,85012/240.41 miBird Close, Birmingham, B123
£1,85005/240.41 mi-3
£1,98003/250.42 mi-3
£1,95012/240.42 miBelgrave Middleway, Birmingham, B5 7LH3
£1,70012/240.42 miBird Close, Birmingham, B123
£1,70002/240.42 mi-3
£1,70005/240.42 mi-3
£1,70003/240.42 mi-3
£1,70012/240.42 mi-3
£4,80501/250.42 mi-3
£1,80003/250.42 mi-3
£1,95012/240.42 mi£150 PPPW Belgrave Middleway, Birmingham, B12 9AP3
£1,70003/240.42 mi-3
£1,95012/240.42 miBelgrave Middleway, Birmingham, B12 9AP3
£1,95012/240.42 mi£150 PPPW Belgrave Middleway, Birmingham, B12 9AP3
£1,50002/250.42 mi-3
£1,95012/240.43 miBelgrave Middleway, Birmingham, B12 9AP3
£2,00002/240.47 mi-3
£2,00003/240.47 mi-3
£1,95012/240.48 miBelgrave Middleway, Birmingham, B12 9AP3
£1,69512/240.52 miSherlock Street, Birmingham, B5 7DU3
£1,90012/240.53 miEast Timber Yard, 118 Pershore Street, Birmingham, B53
£1,90012/240.53 miEast Timber Yard, 118 Pershore Street, Birmingham, B53
£1,90012/240.53 miEast Timber Yard, 118 Pershore Street, Birmingham, B53
£1,80012/240.53 miEast Timber Yard, 118 Pershore Street, Birmingham, B53
£1,30012/240.53 mi-3
£1,85012/240.54 mi-3

Local Area Statistics

Population in B12

20,547

Population in Birmingham

1,034,821

Town centre distance

0.33 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+49%

Sales demand

Buyer's market

Capital growth (5yrs)

+28%

Property History

Listed for £200,000

February 25, 2025

Floor Plans

Description

  • Close to Birmingham City Centre +
  • End Terrace House +
  • Three Bedrooms +
  • Lounge and Dining Room +
  • Kitchen +
  • Shower Room +
  • Low Maintenance Gardens to the Front and Rear +

SUMMARY
*End of Terrace House *Three Bedrooms *Lounge *Dining Room *Kitchen *Shower Room *Low Maintenance Gardens

DESCRIPTION
Situated close to Birmingham City Centre and Highgate Park.

This three bedroom end of terrace home, would suit first time buyers or investors and is ideal for buyers who work close to the City Centre or require good network links for commuting.

This property has been a good family home to the current owner, who has grown up in the property since his parents bought it as a new build.

* Please note that the seller has advised that there is an option to rent a garage for £62pm from Birmingham City Council subject to availability*

Entrance 
Having a composite door to the front, which leads into the hallway where you will find stairs rising to the first floor landing, a double glazed window to the side, a wall mounted radiator, a storage cupboard housing the utility meters and a door leading into the lounge.

Lounge 14' 9" x 12' 10" ( 4.50m x 3.91m )
Having an opening through to the dining area, gives the feel of having duel aspects to both the front and rear, which allows the light to flood through. With a double glazed window to the front, a wall mounted radiator and an electric fire to the lounge area

Dining Room 11' 7" x 8' 9" ( 3.53m x 2.67m )
With double glazed French doors to the rear, a wall mounted radiator and a door leading to the kitchen.

Kitchen 11' 6" x 7' 1" ( 3.51m x 2.16m )
Having a range of wall and base units offering ample work surfaces, a single drainer sink, a storage cupboard and a double glazed window to the rear.

First Floor Landing 
To the landing area you will find an access point to the loft area, a storage cupboard housing the central heating boiler and doors leading to all rooms.

Bedroom 1 14' 8" x 8' 9" ( 4.47m x 2.67m )
Having a double glazed window to the front and a wall mounted radiator.

Bedroom 2 12' 11" x 8' 9" ( 3.94m x 2.67m )
Having a double glazed window to the rear and a wall mounted radiator.

Bedroom 3 7' 3" x 6' 8" Plus door recess ( 2.21m x 2.03m Plus door recess )
Having a double glazed window to the front, a wall mounted radiator and a storage cupboard,

Family Shower Room 
Having a double glazed window to the rear, a shower cubicle with an electric shower, a hand wash basin and a low level w.c.

Externally 
To the front you will find a low maintenance garden with pebbled area, whilst to the rear there is a block paved garden, housing a brick built shed.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Kings Heath

0121 387 6255

Next Steps?

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