3 Bed Semi-Detached House, Single Let, Birmingham, B34 7RH, £230,000

Packington Avenue, Birmingham, B34 7RH - 2 views - 2 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£36K - £297.5K
Sold Prices/m²£1.7K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£203,438

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£750 - £3,000

Rent Estimate

£1,213

Running Costs/mo

£981

Cashflow/mo

£232

Cashflow/yr

£2,780

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £36K to £297.5K, average is £210K. £1.7K/m² to £3.4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£202K08/210 mi210, Packington Avenue, Birmingham, West Midlands B34 7RH3
£212K07/230 mi234, Packington Avenue, Birmingham, West Midlands B34 7RH3
£207K04/230.07 mi66, Bradley Road, Birmingham, West Midlands B34 7RJ3
£240K07/230.12 mi186, Nearmoor Road, Birmingham, West Midlands B34 7QE3
£165K12/230.13 mi50, Milsom Grove, Birmingham, West Midlands B34 7HG3
£215K01/210.13 mi66, Nearmoor Road, Birmingham, West Midlands B34 7QD3
£210K07/210.14 mi434, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£210K07/210.14 mi434, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£158.5K10/200.14 mi390, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£230K02/230.14 mi372, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£210K07/210.14 mi434, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£180K06/210.14 mi404, Shard End Crescent, Birmingham, West Midlands B34 7RG3
£180K06/210.15 mi33, Bradley Road, Birmingham, West Midlands B34 7RL3
£190K01/210.15 mi25, Bradley Road, Birmingham, West Midlands B34 7RL3
£291K10/220.16 mi227, Shard End Crescent, Birmingham, West Midlands B34 7RE3
£163K04/210.16 mi119, Nearmoor Road, Birmingham, West Midlands B34 7QF3
£164K11/220.19 mi78, Coneyford Road, Birmingham, West Midlands B34 7AX3
£226K10/210.21 mi27, Coneyford Road, Birmingham, West Midlands B34 7AY3
£255K10/210.21 mi49, Coneyford Road, Birmingham, West Midlands B34 7AY3
£210K09/230.21 mi59, Coneyford Road, Birmingham, West Midlands B34 7AY3
£216K03/230.22 mi70, Freasley Road, Birmingham, West Midlands B34 7QH3
£175K06/230.22 mi93, Freasley Road, Birmingham, West Midlands B34 7QH3
£210K02/230.22 mi25, Princethorpe Close, Birmingham, West Midlands B34 7JG3
£210K06/210.23 mi149, Freasley Road, Birmingham, West Midlands B34 7QL3
£270K10/220.24 mi104, Timberley Lane, Birmingham, West Midlands B34 7EN3
£170K03/210.27 mi27, Kitsland Road, Birmingham, West Midlands B34 7NA3
£36K06/230.28 mi4, Farmoor Grove, Birmingham, West Midlands B34 7LE3
£184K04/210.29 mi19, The Timber Way, Birmingham, West Midlands B34 7AS3
£223K03/210.29 mi80, Brownfield Road, Birmingham, West Midlands B34 7HY3
£248.5K02/230.3 mi92, Brownfield Road, Birmingham, West Midlands B34 7HX3
£225K04/210.32 mi164, Brownfield Road, Birmingham, West Midlands B34 7DX3
£230K11/230.34 mi221, Brownfield Road, Birmingham, West Midlands B34 7EB3
£225K08/230.35 mi22, Berrowside Road, Birmingham, West Midlands B34 7JL3
£170K06/210.35 mi22, Berrowside Road, Birmingham, West Midlands B34 7JL3
£166K01/230.37 mi15, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£216K04/230.37 mi67, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£200K04/230.37 mi19, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£234K06/230.37 mi43, Gorsefield Road, Birmingham, West Midlands B34 7AN3
£290K11/200.38 mi206, Chester Road, Castle Bromwich, Birmingham, West Midlands B36 0JE3
£160K11/200.38 mi150, Longmeadow Crescent, Birmingham, West Midlands B34 7LB3
£200K02/210.39 mi76, Thistledown Road, Birmingham, West Midlands B34 7EF3
£175K12/200.39 mi72, Thistledown Road, Birmingham, West Midlands B34 7EF3
£265K09/220.4 mi3, Thistledown Road, Birmingham, West Midlands B34 7EG3
£210K05/230.4 mi166, Old Croft Lane, Birmingham, West Midlands B34 7BX3
£164K02/210.41 mi94, Shard End Crescent, Birmingham, West Midlands B34 7AD3
£180K12/220.41 mi23, Panther Croft, Birmingham, West Midlands B34 7SB3
£280K01/210.42 mi241, Chester Road, Castle Bromwich, Birmingham, West Midlands B36 0ET3
£270K04/210.42 mi245, Chester Road, Castle Bromwich, Birmingham, West Midlands B36 0ET3
£297.5K03/210.42 mi223, Chester Road, Castle Bromwich, Birmingham, West Midlands B36 0ET3
£190K08/230.42 mi16, Lamb Close, Birmingham, West Midlands B34 7SF3

Local Rents

16 rents from £750/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10004/250.09 mi-3
£3,00001/240.15 mi-3
£3,00001/240.15 mi-3
£3,00001/240.15 mi-3
£3,00012/240.15 mi-3
£3,00001/250.15 mi-3
£3,00004/250.15 mi-3
£1,20012/240.24 miTimberley Lane, Shard End, Birmingham3
£1,25012/240.31 miBrownfield Road, BIRMINGHAM3
£1,30012/240.4 mi-3
£1,30012/240.4 mi-3
£1,30002/250.4 mi-3
£1,30004/250.4 mi-3
£1,20012/240.41 miShard End Crescent, BIRMINGHAM3
£1,40011/240.42 mi-3
£75004/250.47 mi-3

Local Area Statistics

Population in B34

18,941

Population in Birmingham

1,034,821

Town centre distance

5.12 miles away

Nearest school

0.10 miles away

Nearest train station

1.30 miles away

 

 

Rental growth (12m)

+31%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £230,000

February 26, 2025

Floor Plans

Description

  • IDEAL FIRST TIME BUYER HOME +
  • THREE BEDROOM SEMI DETACHED +
  • OFF ROAD PARKING +
  • UTILITY AREA +
  • DOWNSTAIRS WC +
  • DINING ROOM +
  • PRIVATE REAR GARDEN +
  • OPEN FIRE TO LOUNGE +
  • SOUGHT AFTER LOCATION +

*DRAFT DETAILS AWAITING VENDOR APPROVAL

What a fabulous opportunity to acquire this three bedroom semi detached home on the ever popular Packington Avenue. Ideal for first time buyers or investors, situated only within 0.2 mile from shops, amenities and transport links. The home benefits from spacious lounge, dining room, kitchen, utility area with WC to ground floor and three bedrooms with family bathroom to first floor. Drive to front of home and private rear garden. Do not miss out on this fantastic property. Call Green and Company to arrange your viewing. 

Off road parking with lawn and steps to:- 

HALL With tiled floor, radiator, utilities cupboard, stairs, door to lounge and opening to kitchen. 

LOUNGE 14' 2" x 11' 7" (4.32m x 3.53m) With window to front, radiator, open fire with wooden beam surround and opening to:-  

DINING AREA 7' 4" x 7' 11" (2.24m x 2.41m) With laminate flooring, window to rear with blinds and radiator. 

KITCHEN 12' 6" x 7' 10" (3.81m x 2.39m) With tiled floor flowing from hallway, breakfast bar area, quartz effect worktop, selection of wall and base units, electric hob, oven, extractor, feature glass splashback, tiled wall splashback, window to rear and door to:- 

UTILITY AREA 7' 1" x 6' 6" (2.16m x 1.98m) With plumbing for washing machine, quartz effect worktop, tiled floor, door to WC with sink, tiled floor and WC. 

FIRST FLOOR LANDING With doors to bedrooms and bathroom. 

BEDROOM ONE 12' 5" x 11' 2" (3.78m x 3.4m) With two windows to front, wardrobe, radiator, store and shelf area. 

BEDROOM TWO 12' 5" x 7' 9" (3.78m x 2.36m) With window to rear, radiator and useful desk area. 

BEDROOM THREE 7' 11" x 8' 5" (2.41m x 2.57m) With window to front, single cupboard and radiator. 

BATHROOM Is a wonderful room with fully tiled walls, tiled floor, heated towel rail, P shaped bath, WC, vanity sink and unit, window to rear and mixer shower over bath with bath screen. 

REAR GARDEN Benefits from patio area with decorative feature, stepping down to lawn with trees and shrubbery boundary. 

Council Tax Band B Birmingham City Council

Predicted mobile phone coverage and broadband services at the property.
Mobile coverage - voice likely available for EE, Three, O2, Vodafone and data likely available for EE, Three, O2, Vodafone
Broadband coverage - Broadband Type = Standard Highest available download speed 6 Mbps. Highest available upload speed 0.7Mbps.
Broadband Type = Superfast Highest available download speed 44 Mbps. Highest available upload speed 10Mbps.
Broadband Type = Ultrafast Highest available download speed 1800 Mbps. Highest available upload speed 220Mbps.

Networks in your area:- Virgin Media, Openreach

The mobile and broadband information above has been obtained from the Mobile and Broadband checker - Ofcom website.

Sellers are asked to complete a Property Information Questionnaire for the benefit of buyers. This questionnaire provides further information and declares any material facts that may affect your decision to view or purchase the property. This document will be available on request.

Looking to make an offer? We are committed to finding the right buyer for the right property and try to do everything we can from the outset to ensure the sales we agree, subject to contract, will proceed to completion of contracts within a fair time frame that meets all parties' expectations. At one point during the offer negotiations, one of our branch-based mortgage advisers will call to financially qualify your offer. We recommend that you take this advice before making an offer.

BUYERS COMPLIANCE ADMINISTRATION FEE: in accordance with the Money Laundering Regulations 2007, Estate Agents are required to carry out due diligence on all clients to confirm their identity, including eventual buyers of a property. Green and Company use an electronic verification system to verify Clients' identity. This is not a credit check, so it will have no effect on credit history. By placing an offer on a property, you agree (all buyers) that if the offer is accepted, subject to contract, we, as Agents for the seller, can complete this check for a fee of £25 plus VAT (£30 inc VAT), which is non-refundable under any circumstance. A record of the search will be retained securely by Green and Company within the electronic property file of the relevant property.

FIXTURES AND FITTINGS as per sales particulars.

TENURE
The Agent understands that the property is freehold. However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.

GREEN AND COMPANY has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose. The buyer is strongly advised to obtain verification from their Solicitor or Surveyor. Please note that all measurements are approximate.

If you require the full EPC certificate direct to your email address please contact the sales branch marketing this property and they will email the EPC certificate to you in a PDF format

WANT TO SELL YOUR OWN PROPERTY?
CONTACT YOUR LOCAL GREEN & COMPANY BRANCH ON

Agent Details

Green & Company, Castle Bromwich

0121 387 6556

Next Steps?

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