3 Bed Semi-Detached House, Single Let, Birmingham, B24 9RT, £230,000

Lydford Grove, Erdington , Birmingham, B24 9RT - 1 views - 2 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£15.8K - £310K
Sold Prices/m²£185/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£189,257

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£70,200

 

 

Cash Out

 

Rent Range

£995 - £3,350

Rent Estimate

£1,100

Running Costs/mo

£959

Cashflow/mo

£141

Cashflow/yr

£1,695

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £15.8K to £310K, average is £190K. £185/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£160.5K08/210.08 mi35, Belvedere Road, Birmingham, West Midlands B24 9RN3
£140K06/210.11 mi63, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JR3
£86K05/230.15 mi2, Glenthorne Road, Birmingham, West Midlands B24 9RB3
£185K05/230.15 mi37, Tonbridge Road, Birmingham, West Midlands B24 8ED3
£15.8K12/230.16 mi33, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£180K07/210.16 mi27, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£139K07/210.18 mi14, Bisley Grove, Birmingham, West Midlands B24 9RD3
£215K02/230.22 mi468, Tyburn Road, Birmingham, West Midlands B24 8EE3
£215K10/230.22 mi474, Tyburn Road, Birmingham, West Midlands B24 8EE3
£212K05/230.22 mi460, Tyburn Road, Birmingham, West Midlands B24 8EE3
£220K06/210.22 mi19, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JT3
£155K11/210.22 mi29, Alleyne Road, Birmingham, West Midlands B24 8EJ3
£192.5K01/230.23 mi71, Round Road, Birmingham, West Midlands B24 9QY3
£172.5K11/220.25 mi120, Croydon Road, Erdington, Birmingham, West Midlands B24 8JL3
£147K03/210.29 mi52, Firtree Road, Birmingham, West Midlands B24 9SH3
£225K11/210.29 mi13, Firtree Road, Birmingham, West Midlands B24 9SH3
£160K02/210.29 mi32, Firtree Road, Birmingham, West Midlands B24 9SH3
£190K02/230.29 mi168, Round Road, Birmingham, West Midlands B24 9SN3
£172.5K09/210.29 mi75, Bracebridge Road, Birmingham, West Midlands B24 8JG3
£140K12/200.31 mi10, Spruce Grove, Birmingham, West Midlands B24 9TB3
£310K11/210.32 mi409, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9SD3
£202K09/230.32 mi407, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9SD3
£155K05/210.33 mi19, Bracebridge Road, Birmingham, West Midlands B24 8JQ3
£160K12/200.34 mi209, Wheelwright Road, Birmingham, West Midlands B24 8HR3
£210K07/210.37 mi2, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£198K10/210.37 mi25, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£225K09/230.37 mi23, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£170K07/210.37 mi46, Birches Green Road, Birmingham, West Midlands B24 9SR3
£114K09/230.37 mi46, Birches Green Road, Birmingham, West Midlands B24 9SR3
£156.5K02/210.38 mi14, Shipley Fields, Birmingham, West Midlands B24 9BW3
£210K08/230.38 mi161, Wood End Road, Erdington, Birmingham, West Midlands B24 8BL3
£238K06/210.38 mi450, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NQ3
£150K01/210.39 mi197, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QX3
£186K09/210.39 mi398, Tyburn Road, Birmingham, West Midlands B24 8HP3
£296K01/230.4 mi194, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QY3
£190K01/210.41 mi790, Tyburn Road, Birmingham, West Midlands B24 9NU3
£260K02/230.42 mi150, Erdington Hall Road, Birmingham, West Midlands B24 8JD3
£160K12/200.42 mi37, Spring Lane, Birmingham, West Midlands B24 9BP3
£200K02/210.42 mi7a, Spring Lane, Birmingham, West Midlands B24 9BP3
£187K07/210.43 mi34, Ismere Road, Birmingham, West Midlands B24 9SX3
£220K04/230.43 mi36, Ismere Road, Erdington, Birmingham, West Midlands B24 9SX3
£285K05/210.44 mi35, Shepherds Green Road, Birmingham, West Midlands B24 8EX3
£281K11/210.45 mi33, Shepherds Green Road, Birmingham, West Midlands B24 8EX3
£176K10/210.47 mi515, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NJ3
£202K05/230.47 mi537, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NJ3
£210K01/230.47 mi111, Wood End Road, Erdington, Birmingham, West Midlands B24 8BH3
£178.5K03/210.48 mi11, Bracken Road, Birmingham, West Midlands B24 9NL3
£260K07/230.49 mi106, Wheelwright Road, Birmingham, West Midlands B24 8PD3
£281K12/200.49 mi25, Rollason Road, Birmingham, West Midlands B24 9BJ3
£260K06/220.5 mi29, Lyndhurst Road, Birmingham, West Midlands B24 8QR3

Local Rents

12 rents from £995/mo to £3.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£99512/240.07 miTyburn Road, Birmingham3
£1,20012/240.08 mi-3
£1,27503/250.11 mi-3
£3,35002/240.24 mi-3
£1,20001/250.26 mi-3
£1,10012/240.39 miTyburn Road, Erdington3
£1,10003/240.4 mi-3
£1,15004/250.4 mi-3
£1,10012/240.4 miSummerlee Road, Birmingham, B243
£1,10012/240.55 miAnsell Road, Erdington3
£1,20012/240.55 miKingsbury Road, Erdington, BIRMINGHAM3
£1,20004/250.58 mi-3

Local Area Statistics

Population in B24

28,259

Population in Birmingham

1,034,821

Town centre distance

3.84 miles away

Nearest school

0.20 miles away

Nearest train station

0.85 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+36%

Property History

Listed for £230,000

March 4, 2025

Floor Plans

Description

  • NO CHAIN +
  • Three bedroom traditional Semi Detached Home +
  • Family bathroom +
  • Open & dining room & kitchen +
  • Utility/side passage +
  • CENTRAL HEATING & DOUBLE GLAZING +
  • Front & rear gardens +
  • Quiet Cul De Sac Location +
  • Very convenient location for shops, transport links and all local amenities. +

APPROACH The property is set back from the road & is approached via pathway leading to main entrance door, the remainder of the fore garden, is mainly laid to lawn the pathway also has access to side passage which also gives access to the rear garden. 

HALLWAY Main entrance door, under stairs storage, Radiator, stairs to first floor, doors off to: 

RECEPTION ROOM 14' 3" x 9' 11" (4.36m x 3.04m) Double glazed bay window to front, feature fire place, radiator. 

RECEPTION ROOM TWO 9' 11" x 14' 0" (3.04m x 4.28m) Double glazed bay window, radiator open access to kitchen. 

KITCHEN AREA 7' 0" x 5' 7" (2.14m x 1.71m) Double glazed window, door into hallway, sink unit with base unit below, door to rear giving access to utility area/ side passage. 

UTILITY/SIDE PASSAGE Door to front giving access to front garden, door to rear garden, window, spaces for washing machine & running water, lighting. 

LANDING Double glazed window to side, doors off to: 

BEDROOM ONE 9' 11" x 14' 6" (3.035m x 4.42m) Double glazed bay window to front, radiator. 

BEDROOM TWO 10' 0" x 14' 5" (3.05m x 4.4m) Double glazed bay window to rear, radiator. 

BEDROOM THREE 5' 8" x 8' 10" (1.739m x 2.704m) Double glazed Oriel window, radiator. 

BATHROOM Obscure Double glazed window, radiator, panelled bath with electric shower over, handwash basin & tiling to wall height. 

WC Obscure Double glazed window & low level flush WC. 

REAR GARDEN Patio area, lawn, some fencing & shrubs to boundaries, rear solid built storage structure.

Agent Details

Encasa, Olton

0121 272 4848

Next Steps?

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