6 Bed HMO, Birmingham, B17 0PE £385,000

Poole Crescent, Harborne Birmingham B17 0PE 0PE - 16 views - 8 months ago
HMO
~186 m²
Property image

ValuationUndervalued

Sold Prices£160K - £1.9M
Sold Prices/m²£2.3K/m² - £7.2K/m²

 

 

Square Metres

~186 m²
Price/m²£2.1K/m²

Value Estimate

£493,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£20,300

Total Cash In

£116,550

 

 

Cash Out

 

Room Rate

£375

Gross Rent

£2,250

Running Costs/mo

£2,348

Cashflow/mo

£-98

Cashflow/yr

£-1,181

Gross Yield

7%

Local Sold Prices

50 sold prices from £160K to £1.9M, average is £860K. £2.3K/m² to £7.2K/m², average is £3.8K/m².

Price
Date
Distance
Address
Beds
 
£1.9M08/220.67 mi112, Vivian Road, Harborne, Birmingham, West Midlands B17 0DJ6
£1.0M10/240.69 mi14, Victoria Road, Harborne, Birmingham B17 0AH6
£1.0M10/240.69 mi14, Victoria Road, Harborne, Birmingham B17 0AH6
£160K05/230.84 mi50, Dawlish Road, Selly Oak, Birmingham, West Midlands B29 7AE6
£177K06/210.88 mi29, Gleave Road, Selly Oak, Birmingham, West Midlands B29 6JW6
£395K02/230.88 mi68, Heeley Road, Selly Oak, Birmingham, West Midlands B29 6EZ6
£332.5K06/210.92 mi143, Tiverton Road, Selly Oak, Birmingham, West Midlands B29 6BS6
£655K07/240.94 mi53, Tennal Road, Harborne, Birmingham B32 2JD6
£655K07/240.94 mi53, Tennal Road, Harborne, Birmingham B32 2JD6
£420K02/251.02 mi13, Rookery Road, Selly Oak, Birmingham B29 7DG6
£1.0M10/221.05 mi7, Woodville Road, Harborne, Birmingham, West Midlands B17 9AS6
£785K12/221.16 mi104, Lordswood Road, Birmingham, West Midlands B17 9BU6
£295K03/231.23 mi152, Gregory Avenue, Birmingham, West Midlands B29 5DT6
£1.4M06/211.25 mi9, Oakham Road, Harborne, Birmingham, West Midlands B17 9DQ6
£1.9M06/221.3 mi67, Westfield Road, Edgbaston, Birmingham, West Midlands B15 3JF6
£1.2M07/221.35 mi128, Westfield Road, Edgbaston, Birmingham, West Midlands B15 3JQ6
£525K06/211.35 mi71, Croftdown Road, Birmingham, West Midlands B17 8RE6
£1.2M12/221.41 mi44, Kensington Road, Selly Park, Birmingham, West Midlands B29 7LW6
£1.2M11/231.42 mi59, Eastern Road, Selly Oak, Birmingham B29 7JX6
£1.2M11/231.42 mi59, Eastern Road, Selly Oak, Birmingham B29 7JX6
£1.4M10/241.45 mi55, Hamilton Avenue, Harborne, Birmingham, West Midlands B17 8AS6
£1.4M10/241.48 mi55, Hamilton Avenue, Birmingham B17 8AS6
£825K01/231.49 mi2, Eastern Road, Selly Park, Birmingham, West Midlands B29 7JP6
£1.2M07/251.52 mi48, Fitz Roy Avenue, Birmingham B17 8RJ6
£995K04/231.57 mi118, Bournville Lane, Birmingham, West Midlands B30 1LT6
£860K04/241.6 mi1, The Oaks, Harborne, Birmingham B17 8QQ6
£390K02/251.65 mi15, Corvedale Road, Birmingham, West Midlands B29 4LG6
£1.1M05/251.77 mi28, Greening Drive, Birmingham B15 2XA6
£1.1M05/251.77 mi28, Greening Drive, Birmingham B15 2XA6
£860K12/221.79 mi341, Pershore Road, Edgbaston, Birmingham B5 7RY6
£860K12/221.79 mi341, Pershore Road, Edgbaston, Birmingham B5 7RY6
£695K02/231.8 mi321, Pershore Road, Birmingham, West Midlands B5 7RY6
£860K12/221.8 mi341, Pershore Road, Birmingham, West Midlands B5 7RY6
£990K11/241.81 mi344, Lordswood Road, Quinton, Birmingham B17 8AN6
£990K11/241.81 mi344, Lordswood Road, Quinton, Birmingham B17 8AN6
£695K02/231.84 mi321, Pershore Road, Edgbaston, Birmingham B5 7RY6
£695K02/231.84 mi321, Pershore Road, Edgbaston, Birmingham B5 7RY6
£950K01/231.87 mi217a, Bristol Road, Edgbaston, Birmingham B5 7UB6
£1.5M04/231.88 mi95, Harborne Road, Birmingham, West Midlands B15 3HG6
£510K10/241.88 mi35, Monmouth Road, Smethwick B67 5EF6
£1.5M04/231.89 mi95, Harborne Road, Birmingham B15 3HG6
£800K06/241.91 mi10, Moorland Road, Birmingham B16 9JP6
£800K06/241.91 mi10, Moorland Road, Birmingham B16 9JP6
£950K01/231.95 mi217a, Bristol Road, Birmingham, West Midlands B5 7UB6
£570K03/231.97 mi9, Barnsley Road, Birmingham, West Midlands B17 8EB6
£720K01/231.97 mi16, Vernon Road, Edgbaston, Birmingham, West Midlands B16 9SH6
£638K04/241.98 mi21, Montague Road, Edgbaston, Birmingham B16 9HR6
£638K04/241.98 mi21, Montague Road, Edgbaston, Birmingham B16 9HR6
£1.8M04/242 mi38, Carpenter Road, Birmingham B15 2JJ6
£1.8M04/242 mi38, Carpenter Road, Birmingham B15 2JJ6

Local Area Statistics

Population in B17

25,625

Population in Birmingham

1,034,821

Town centre distance

3.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Buyer's market

Capital growth (5yrs)

+16%

Property History

Price changed to £385,000

March 28, 2025

Listed for £395,000

February 25, 2025

Description

  • SIX BEDROOM HMO INVESTMENT PROPERTY +
  • TWO GROUND FLOOR BEDROOMS AND FOUR FIRST FLOOR BEDROOMS +
  • COMMUNAL LOUNGE +
  • TWO BATHROOMS +
  • DOUBLE GLAZED +
  • CENTRALLY HEATED +
  • REAR GARDEN +
  • OFF ROAD APRKING +
  • GOOD ACCESS TO THE QEHB +
  • TENANTED UNTIL 30TH JUNE 2025 +

| SIX BEDROOM | HMO | TWO BATHROOMS | COMMUNAL LOUNGE | KITCHEN | OFF ROAD PARKING | CLOSE TO THE QEHB |

Amber Court offer for sale this six bedroom HMO investment property that is ideally located for access to The QEH, QEHB Medical school and The university of Birmingham. The property comprises lounge, kitchen and two double bedrooms to the first floor and four double bedrooms and two bathrooms to the first floor.

The property also benefits from Double glazing, central heating, rear garden and off road parking.     

EPC- C
COUNCIL TAX - B
FREEHOLD

Agent Details

Amber Court lettings and sales, Selly Oak

0121 387 6617

Next Steps?

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