2 Bed Flat, Single Let, Birmingham, B17 9TH, £170,000

21 Court Oak Road, Harborne, Birmingham, B17 9TH - 1 views - 2 months ago

Leasehold
BTL
ROI: 4%
65 m²
+11 photos

ValuationUndervalued

Sold Prices£80K - £277K
Sold Prices/m²£1.7K/m² - £4.9K/m²

 

 

Square Metres

65 m²
Price/m²£2.6K/m²

Value Estimate

£182,000
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£895 - £1,800

Rent Estimate

£895

Running Costs/mo

£730

Cashflow/mo

£165

Cashflow/yr

£1,977

ROI

4%

Gross Yield

6%

Local Sold Prices

44 sold prices from £80K to £277K, average is £151.5K. £1.7K/m² to £4.9K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£196K09/210.12 mi88, Court Oak Road, Birmingham, West Midlands B17 9TN2
£215K03/210.15 mi15, Fellows Lane, Birmingham, West Midlands B17 9TS2
£224K03/210.15 mi3, Fellows Lane, Birmingham, West Midlands B17 9TS2
£235K07/230.15 mi1a, Fellows Lane, Birmingham, West Midlands B17 9TS2
£80K05/230.26 miFlat 54, Timbermill Court, Serpentine Road, Harborne, Birmingham, West Midlands B17 9RD2
£100K07/230.26 miFlat 2, Timbermill Court, Serpentine Road, Harborne, Birmingham, West Midlands B17 9RD2
£82K08/220.26 miFlat 50, Timbermill Court, Serpentine Road, Harborne, Birmingham, West Midlands B17 9RD2
£147K08/220.4 mi4, Cedarhurst, Birmingham, West Midlands B32 2JZ2
£150K11/220.44 mi64, Savoy Close, Birmingham, West Midlands B32 2JA2
£145K01/230.46 mi46, Savoy Close, Birmingham, West Midlands B32 2JA2
£268K08/220.46 mi128, Ravenhurst Road, Harborne, Birmingham, West Midlands B17 9HP2
£100K12/200.49 mi14, Waterward Close, Harborne, Birmingham, West Midlands B17 0DP2
£151K09/210.62 mi53, Leahurst Crescent, Harborne, Birmingham, West Midlands B17 0LG2
£157K02/230.71 mi43, Winchfield Drive, Birmingham, West Midlands B17 8TG2
£142.3K06/210.71 mi37, Winchfield Drive, Birmingham, West Midlands B17 8TG2
£130K05/210.73 miFlat 17, Kendal Tower, Malins Road, Birmingham, West Midlands B17 0JY2
£155K02/230.75 mi63, Sheepmoor Close, Birmingham, West Midlands B17 8TD2
£170K09/220.75 mi6, Walmead Croft, Birmingham, West Midlands B17 8TH2
£193K11/220.76 mi36, Sheepmoor Close, Birmingham, West Midlands B17 8TD2
£180K02/230.76 mi18, Spreadbury Close, Birmingham, West Midlands B17 8TQ2
£170K08/210.76 mi36, Sheepmoor Close, Birmingham, West Midlands B17 8TD2
£115K09/220.76 mi37, Sheepmoor Close, Birmingham, West Midlands B17 8TD2
£175K11/220.77 mi46, Walmead Croft, Birmingham, West Midlands B17 8TH2
£270K11/220.81 miApartment 17, Cavendish Court, Oakhill Close, Birmingham, West Midlands B17 8DE2
£175K08/210.82 mi29, Griffin Gardens, Harborne, Birmingham, West Midlands B17 0HU2
£185K05/210.83 mi59, Humphrey Middlemore Drive, Birmingham, West Midlands B17 0JJ2
£135K04/210.83 miApartment 19, Cavendish Court, Oakhill Close, Birmingham, West Midlands B17 8DE2
£135K04/210.83 miApartment 19, Cavendish Court, Oakhill Close, Birmingham, West Midlands B17 8DE2
£135K11/220.9 mi40, Arosa Drive, Birmingham, West Midlands B17 0SE2
£152K04/230.9 mi28, Arosa Drive, Birmingham, West Midlands B17 0SE2
£87.5K11/230.93 mi29, First Meadow Piece, Quinton, Birmingham, West Midlands B32 2QJ2
£139K04/210.94 mi45, Arosa Drive, Birmingham, West Midlands B17 0SB2
£140K02/210.94 mi43, Arosa Drive, Birmingham, West Midlands B17 0SB2
£165K03/230.94 mi73, Arosa Drive, Birmingham, West Midlands B17 0SD2
£155K12/220.94 mi39, Arosa Drive, Birmingham, West Midlands B17 0SB2
£155K01/230.94 mi67, Arosa Drive, Birmingham, West Midlands B17 0SD2
£160K03/210.95 miFlat 31, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£82.5K08/230.95 miFlat 24, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£141K05/230.95 miFlat 16, West Point, Hermitage Road, Birmingham, West Midlands B15 3US2
£144.9K06/210.96 miFlat 1, Wigorn House, Wigorn Road, Smethwick, West Midlands B67 5HW2
£144.9K06/210.96 miFlat 1, Wigorn House, Wigorn Road, Smethwick, West Midlands B67 5HW2
£140K12/200.96 miFlat 2, Wigorn House, Wigorn Road, Smethwick, West Midlands B67 5HW2
£255K06/210.96 miFlat 56, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2
£277K10/220.96 miFlat 78, Woodbourne, Augustus Road, Birmingham, West Midlands B15 3PJ2

Local Rents

50 rents from £895/mo to £1.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£99501/250.01 mi-2
£99903/250.06 mi-2
£97512/240.14 miMilford Road, BIRMINGHAM2
£1,25001/250.19 mi-2
£1,25012/240.2 miLonsdale Square, Lordswood Road, Harborne, Birmingham, B17 9RA2
£1,05012/240.21 mi-2
£95012/240.21 miFrankley Terrace, Lordswood Road2
£1,10012/240.22 miWood Lane, Harborne2
£1,10012/240.23 miHartledon Road, Harborne2
£1,10012/240.23 miHartledon Road, Harborne2
£1,19512/240.24 miThe Lords, Lordswood Road, Harborne2
£1,08504/250.25 mi-2
£95001/240.25 mi-2
£1,08512/240.25 mi-2
£1,00012/240.26 miCourt Oak Road, Harbrone, B172
£1,35012/240.27 miHarborne Village Apartments, High Street, Harborne, B172
£1,09512/240.27 miSerpentine Road, Harborne, Birmingham, B17 9RF2
£1,15012/240.28 miThe Square, Harborne, Birmingham2
£1,20004/250.3 mi-2
£1,20012/240.33 miCarless Avenue, Harborne2
£1,20012/240.33 miCarless Avenue, Harborne, Birmingham, B17 9EQ2
£1,10012/240.36 miHampton Court Road, Harborne2
£1,28012/240.36 miSt Peters Road, Harborne, BIRMINGHAM2
£1,15012/240.37 miHampton Court Road, Harborne, B172
£1,05012/240.38 miThe Circle, Harborne, B172
£1,05012/240.38 miThe Circle, Harborne, B172
£1,15012/240.38 miCourt Oak Road, Harborne, B172
£1,40012/240.38 miMoor Pool Avenue, Harborne, Birmingham, B17 9DT2
£1,27503/240.39 mi-2
£1,27512/240.39 miChurchcroft, Harborne, Birmingham, B172
£1,15012/240.4 miNorthfield Road, Harborne, B172
£1,00012/240.4 miHampton Court Road, Harborne, Birmingham, B172
£1,00012/240.4 miHampton Court Road, Harborne, Birmingham, B172
£1,10012/240.4 miNorthfield Road, Harborne, Birmingham2
£97501/240.4 mi-2
£1,10012/240.4 miRavenhurst Road, Harborne, B172
£1,15004/250.41 mi-2
£1,15002/240.41 mi-2
£99512/240.41 miHampton Court Road, Harborne, Birmingham, B17 9AE2
£89512/240.43 miNorthfield Road, Harborne, Birmingham, West Midlands, B17 0ST2
£89512/240.44 miFredas Grove, Harborne, Birmingham, B172
£1,19512/240.48 miHarborne Central, High Street, Harborne2
£1,80004/250.49 mi-2
£1,40004/250.51 mi-2
£1,35012/240.53 miMoor Pool Avenue, Harborne, Birmingham, B17 9HL2
£1,00002/250.53 mi-2
£1,10012/240.54 miGreenfield Road, Harborne2
£1,15012/240.54 miGreenfield Road, Harborne2
£95012/240.55 miKelfield Avenue, Birmingham, B172
£1,05012/240.56 miWisley Way, Birmingham2

Local Area Statistics

Population in B17

25,625

Population in Birmingham

1,034,821

Town centre distance

3.52 miles away

Nearest school

0.20 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

-2%

Property History

Listed for £170,000

February 26, 2025

Floor Plans

Description

  • SECOND FLOOR APARTMENT +
  • TWO BEDROOMS, RECEPTION ROOM +
  • CONVENIENT LOCATION IN HARBORNE +
  • GARAGE INCLUDED. NO CHAIN +

A well presented second floor apartment situated in a low rise, purpose built development, including kitchen, living room, two bedrooms and bathroom. Also benefits from a garage in a nearby block and having no chain. Located to the rear of the block, the property also benefits from pleasant views over the rear garden, in a peaceful single block with no neighbours either side.

The property is located on Court Oak Road, between Lordswood Road and Woodville Road. It enjoys convenient access to the Queen Elizabeth Medical Centre, the University of Birmingham, and Harborne Leisure Centre, in addition to excellent amenities along Harborne High Street and the beautiful grounds of Queens Park. Furthermore, it is well serviced by regular public transport routes that connect to the vibrant leisure, entertainment, and shopping facilities of the City Centre.

The property itself is set in mainly lawned grounds with some communal parking facilities. Approach is via a communal entrance hall with security answerphone system and a staircase affords access to the floors.

To fully appreciate the accommodation, an internal inspection is highly recommended. The property comprises the following details:

Entrance door leads into:

Hallway - Being L-shaped, having UPVC double glazed window, security answerphone, wooden style flooring, ceiling light point and electric heater.

Living Room - 3.03m max x 5.53m max (9'11" max x 18'1" max) - Having two electric heaters, UPVC double glazed window overlooking rear, wooden style flooring and ceiling light point.

Bedroom One - 2.71m max x 4.51m max (8'10" max x 14'9" max) - Having electric heater, UPVC double glazed window overlooking rear, built-in storage cupboard and ceiling light point.

Bedroom Two - 2.56m max x 4.52m max (8'4" max x 14'9" max) - Having electric heater, UPVC double glazed window overlooking rear, built in storage cupboard and ceiling light point.

Kitchen - 2.78m max × 2.12m max (9'1" max × 6'11" max) - Having a range of matching wall and base units with worktop over, Logik electric oven, Lamona induction hob with extractor fan over, plinth heater, partial tiling to walls, and 1 1/2 bowl sink drainer with mixer tap over. UPVC double glazed window, plumbing for washing machine, recessed ceiling light points, tiled flooring and storage cupboard housing newly fitted water tank.

Bathroom - Having tiling to walls and floor, towel rail, pedestal hand wash basin, low flush WC, extractor fan, recessed ceiling light points, panelled bathtub with wall mounted electric shower and UPVC obscured double glazed window.

Additional Information - Council Tax Band: B
Tenure: We have been advised the property is leasehold with 132 years remaining and a service charge of £1,700 per annum.
There is a garage in a separate block.

Agent Details

Englands Estate Agents, Harborne

0121 387 6321

Next Steps?

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