3 Bed Detached House, Motivated Seller, Birmingham, B43 7QY, £290,000

Kelway Avenue, Birmingham, West Midlands, B43 7QY - a month ago

Motivated
BTL
~102 m²

ValuationFair Value

Sold Prices£180K - £340K
Sold Prices/m²£2.1K/m² - £4.3K/m²

 

 

Square Metres

~101.54 m²
Price/m²£2.9K/m²

Value Estimate

£293,003

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£20,200

Total Cash In

£92,700

 

 

Cash Out

 

Rent Range

£1,100 - £2,500

Rent Estimate

£1,100

Running Costs/mo

£1,146

Cashflow/mo

£-46

Cashflow/yr

£-555

Gross Yield

5%

Local Sold Prices

50 sold prices from £180K to £340K, average is £250K. £2.1K/m² to £4.3K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£262.5K10/200 mi6, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£205K10/200 mi19, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£321K06/230 mi18, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£207K04/230 mi14, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£300K08/220.02 mi19, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£265K05/230.04 mi14, Ivanhoe Road, Birmingham, West Midlands B43 7QU3
£240K03/210.06 mi113, Park Farm Road, Birmingham, West Midlands B43 7QJ3
£295K08/230.06 mi51, Park Farm Road, Birmingham, West Midlands B43 7QJ3
£275K03/230.06 mi49, Park Farm Road, Birmingham, West Midlands B43 7QJ3
£220K02/230.06 mi16, Pinley Grove, Birmingham, West Midlands B43 7RB3
£245K09/230.07 mi35, Stonehurst Road, Birmingham, West Midlands B43 7RA3
£310K08/230.07 mi62, Park Farm Road, Birmingham, West Midlands B43 7QH3
£276K10/230.07 mi94, Park Farm Road, Birmingham, West Midlands B43 7QH3
£327.5K01/230.07 mi70, Park Farm Road, Birmingham, West Midlands B43 7QH3
£245K08/220.09 mi36, Moreton Avenue, Birmingham, West Midlands B43 7QR3
£185K01/210.09 mi45, Moreton Avenue, Birmingham, West Midlands B43 7QR3
£255K07/210.09 mi45, Moreton Avenue, Birmingham, West Midlands B43 7QR3
£235.5K08/210.1 mi24, Selvey Avenue, Birmingham, West Midlands B43 7RE3
£275K02/210.12 mi86, Beacon Road, Great Barr, Birmingham, West Midlands B43 7BW3
£210K12/200.13 mi7, Foxwood Avenue, Birmingham, West Midlands B43 7QX3
£260K07/230.15 mi292, Queslett Road, Great Barr, Birmingham, West Midlands B43 7EX3
£198.5K12/200.15 mi252, Queslett Road, Great Barr, Birmingham, West Midlands B43 7EX3
£180K02/210.15 mi11, Beacon Road, Great Barr, Birmingham, West Midlands B43 7BT3
£275K11/220.16 mi15, Comsey Road, Birmingham, West Midlands B43 7RG3
£290K12/220.17 mi82, Nether Hall Avenue, Birmingham, West Midlands B43 7ET3
£236K04/210.18 mi37, Park Farm Road, Birmingham, West Midlands B43 7QQ3
£250K06/230.19 mi82, Stonehurst Road, Birmingham, West Midlands B43 7RL3
£200.3K04/210.19 mi134, Stonehurst Road, Birmingham, West Midlands B43 7RL3
£270K03/230.19 mi114, Stonehurst Road, Birmingham, West Midlands B43 7RL3
£247.5K11/200.21 mi11, Park Farm Road, Birmingham, West Midlands B43 7QQ3
£200K09/210.21 mi21, Drummond Grove, Birmingham, West Midlands B43 7BU3
£240K07/230.21 mi26, Greenaway Close, Birmingham, West Midlands B43 7HT3
£265K10/210.21 mi21, Nether Hall Avenue, Birmingham, West Midlands B43 7EU3
£248K03/210.21 mi70, Nether Hall Avenue, Birmingham, West Midlands B43 7EU3
£340K04/230.21 mi32, Nether Hall Avenue, Birmingham, West Midlands B43 7EU3
£255K02/210.22 mi21, Garnet Avenue, Birmingham, West Midlands B43 7RJ3
£325K11/220.22 mi9, Garnet Avenue, Birmingham, West Midlands B43 7RJ3
£182K06/210.22 mi6, Hillingford Avenue, Birmingham, West Midlands B43 7HS3
£270K02/230.23 mi15, Garnet Avenue, Birmingham, West Midlands B43 7RJ3
£230K01/230.24 mi4, Cotman Close, Birmingham, West Midlands B43 7HR3
£220K05/230.24 mi196, Tyndale Crescent, Birmingham, West Midlands B43 7HU3
£320K08/230.25 mi149, Horseshoe Crescent, Birmingham, West Midlands B43 7DN3
£250K06/210.25 mi45, Horseshoe Crescent, Birmingham, West Midlands B43 7DN3
£250K02/230.25 mi125, Horseshoe Crescent, Birmingham, West Midlands B43 7DN3
£325K06/230.25 mi47, Horseshoe Crescent, Birmingham, West Midlands B43 7DN3
£259K04/210.26 mi51, Waverley Avenue, Birmingham, West Midlands B43 7PR3
£262.3K11/220.26 mi201, Tyndale Crescent, Birmingham, West Midlands B43 7HX3
£200K01/210.26 mi195, Tyndale Crescent, Birmingham, West Midlands B43 7HX3
£185K02/210.26 mi123, Tyndale Crescent, Birmingham, West Midlands B43 7HX3
£230K05/210.26 mi12, Waverley Avenue, Birmingham, West Midlands B43 7PW3

Local Rents

19 rents from £1.1K/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,19512/240.12 miBeacon Road, Great Barr, Birmingham, B433
£1,19512/240.12 miBeacon Road, Great Barr, Birmingham, B433
£1,15012/240.17 miBeacon Road, Great Barr, Birmingham, West Midlands3
£1,15012/240.18 miNetherhall Avenue, Great Barr. B43 7ET3
£2,16702/240.18 mi-3
£1,29512/240.18 mi-3
£1,29512/240.18 mi-3
£2,50003/240.27 mi-3
£1,45001/250.37 mi-3
£1,55001/250.37 mi-3
£1,24509/230.37 mi-3
£1,45011/240.38 mi-3
£1,30002/250.39 mi-3
£1,10012/240.4 miQueslett Road, Birmingham3
£1,10012/240.4 miQueslett Road, Birmingham3
£1,10012/240.42 miBrackenfield Road, Great Barr, Birmingham, West Midlands, B443
£1,20012/240.5 miTyndale Crescent, BIRMINGHAM3
£1,20004/250.61 mi-3
£1,10012/240.61 miRomney Way, BIRMINGHAM3

Local Area Statistics

Population in B43

28,796

Population in Birmingham

1,034,821

Town centre distance

6.35 miles away

Nearest school

0.50 miles away

Nearest train station

1.78 miles away

 

 

Rental growth (12m)

+22%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £290,000

February 28, 2025

Floor Plans

Description

  • Council Tax Band C, Freehold, +
  • Very Well Presented Throughout +
  • New Windows Fitted 5 Years Ago +
  • 5 Year Old Kitchen and 1 Year Old Bathroom +
  • Three Bedrooms Two of Which Have Been Recently Renovated +
  • Bifolding Doors Leading To Rear Patio/ Garden +
  • Living Room has Been Extended +
  • Closely Located to Train Stations and Bus Stops +
  • Close Proximity To M5 Motorway +
  • Viewing Is A Must! +

This charming property would make an ideal investment opportunity or forever home for someone looking to bring their family up away from the hustle and bustle of city life and closer to greenery whilst also being close to Birmingham centre and a vast array of amenities and opportunities - prefect for someone looking to commute. Don't miss out and call now to book your viewing!

This detached home is located in the outskirts of Birmingham only a 6 minute drive away from Gilbert's wood and a 30 minute drive into Birmingham centre. With close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield with the property being closely located to the M6 motorway.

The accommodation briefly comprises a welcoming entrance way, a spacious living room currently being used as both a living and dining room with bifolding doors to the rear and a fitted kitchen with an integrated cooker, hob and extractor fan.

To the first floor is an inviting landing area through to three well-proportioned bedrooms and a shower room with a shower cubicle with a rain fall showerhead, a beautiful stone hand wash basin and a separate WC.

Externally, the property benefits from a dual level rear garden with a tiled seating area, a raised lawn and shed for storage and a front driveway for off-road parking.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £5,000. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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