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3 Bed Terraced House, Refurb/BRRR, Birmingham, B15 1HF, £175,000

Moss House Close, City Centre, Birmingham, B15 1HF - 42 views - a month ago

Leasehold
Refurb/BRRR
ROI: 14%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£120K - £1.3M
Sold Prices/m²£1.5K/m² - £10.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£176,750

 

 

End Value (After Refurb)

£344,279

Uplift in Value

+97%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£9,950

Refurb Costs

£36,800

Bridging Loan Interest

£4,594

Total Cash In

£96,844

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£344,279

Agent Fees (1%)

£3,443

Bridging Loan

£131,250

Bridging Loan Interest

£4,594

Flip Profit

£112,742

Local Sold Prices

50 sold prices from £120K to £1.3M, average is £287.5K. £1.5K/m² to £10.1K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£144K02/230 mi5, Moss House Close, Birmingham, West Midlands B15 1HF3
£945K04/220.25 mi31, George Road, Edgbaston, Birmingham, West Midlands B15 1PJ3
£845K04/230.26 mi22, Frederick Road, Edgbaston, Birmingham, West Midlands B15 1JN3
£325K03/230.26 mi28, Grosvenor Street West, Birmingham, West Midlands B16 8HN3
£1.2M07/220.29 mi23, George Road, Edgbaston, Birmingham, West Midlands B15 1PJ3
£294.2K01/210.31 mi121, Bell Barn Road, Birmingham, West Midlands B15 2BQ3
£553K07/220.31 mi10, Austen Place, Birmingham, West Midlands B15 1NJ3
£499.9K07/230.34 mi37, Lee Crescent, Birmingham, West Midlands B15 2BJ3
£490K03/220.34 mi58, Lee Crescent, Birmingham, West Midlands B15 2BJ3
£280K02/220.36 mi25, Midford Grove, Birmingham, West Midlands B15 2DT3
£427.5K03/210.42 mi35, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BN3
£295K12/200.44 mi60, Estria Road, Birmingham, West Midlands B15 2LQ3
£450K09/220.44 mi67, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BW3
£235K10/220.47 mi18, Ashton Croft, Birmingham, West Midlands B16 8EX3
£290K07/220.47 mi10, Summer Road, Edgbaston, Birmingham, West Midlands B15 2BP3
£279K02/210.47 mi6, Summer Road, Edgbaston, Birmingham, West Midlands B15 2BP3
£260K12/220.49 mi39, Charlotte Road, Edgbaston, Birmingham, West Midlands B15 2NH3
£775K11/200.52 mi17, Westbourne Gardens, Birmingham, West Midlands B15 3TJ3
£246K02/210.53 mi25, Knoll Croft, Ladywood, Birmingham, West Midlands B16 8DY3
£446.1K03/230.64 mi13, Spring Road, Edgbaston, Birmingham, West Midlands B15 2HG3
£231.5K05/220.69 mi8, Acorn Grove, Birmingham, West Midlands B1 2PL3
£265K06/230.72 mi75, Waterworks Road, Birmingham, West Midlands B16 9AL3
£210K01/220.74 mi40, St Marks Crescent, Birmingham, West Midlands B1 2PX3
£168K01/220.75 mi5, Shetland Close, Birmingham, West Midlands B16 0RF3
£230K04/210.75 mi11, Shetland Close, Birmingham, West Midlands B16 0RF3
£135K04/210.75 mi63, Parker Street, Birmingham, West Midlands B16 9AF3
£250K07/220.77 mi5, Eldon Road, Birmingham, West Midlands B16 9DP3
£120K09/220.77 mi8, Meyrick Walk, Birmingham, West Midlands B16 9AJ3
£250K07/220.79 mi21, Eldon Road, Birmingham, West Midlands B16 9DP3
£265K09/220.79 mi12, Clark Street, Birmingham, West Midlands B16 9ES3
£204K06/210.81 mi74, Reservoir Road, Edgbaston, Birmingham, West Midlands B16 9DS3
£353K12/210.82 mi89, Camden Street, Birmingham, West Midlands B1 3DD3
£1.3M02/220.82 mi98, Priory Road, Edgbaston, Birmingham, West Midlands B15 2RG3
£182.5K03/220.83 mi12, Mostyn Road, Edgbaston, Birmingham, West Midlands B16 9DU3
£187K01/230.83 mi32, Mostyn Road, Edgbaston, Birmingham, West Midlands B16 9DU3
£220K11/210.84 mi20, Osler Street, Birmingham, West Midlands B16 9EU3
£220K11/210.84 mi20, Osler Street, Birmingham, West Midlands B16 9EU3
£337.5K05/230.86 mi74, Carlyle Road, Edgbaston, Birmingham, West Midlands B16 9BJ3
£196.5K03/210.94 mi37, Belgravia Close, Birmingham, West Midlands B5 7LA3
£475K03/220.94 mi47, Chancellors Close, Edgbaston, Birmingham, West Midlands B15 3UL3
£330K05/230.94 mi37, Aboyne Close, Edgbaston, Birmingham, West Midlands B5 7PQ3
£400K03/220.96 mi173, Bristol Road, Birmingham, West Midlands B5 7UA3
£265K03/210.96 mi21, Mariner Avenue, Birmingham, West Midlands B16 9DF3
£285K03/220.96 mi23, Mariner Avenue, Birmingham, West Midlands B16 9DF3
£555K09/220.98 mi16, Chancellors Close, Edgbaston, Birmingham, West Midlands B15 3UJ3
£300K06/230.98 mi44, Regent Close, Birmingham, West Midlands B5 7PL3
£310.1K01/210.98 mi42, Regent Close, Birmingham, West Midlands B5 7PL3
£410K03/220.98 mi14, Christchurch Close, Birmingham, West Midlands B15 3NE3
£475K01/210.99 mi3, Christchurch Close, Birmingham, West Midlands B15 3NE3
£274K11/200.99 mi26, Christchurch Close, Birmingham, West Midlands B15 3NE3

Local Rents

50 rents from £150/mo to £8K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,40004/250.07 mi-3
£1,25002/250.09 mi-3
£1,25004/250.09 mi-3
£1,35001/250.09 mi-3
£1,25003/250.09 mi-3
£1,19503/250.09 mi-3
£1,42812/240.1 miShepherds Gardens, Birmingham3
£1,42812/240.1 miShepherds Gardens, Birmingham3
£3,00002/240.1 mi-3
£1,50012/240.21 mi10 Ryland Street, Birmingham City Centre3
£2,75012/240.21 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3
£2,75012/240.21 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3
£2,75012/240.21 miThe Lansdowne, 25 Hagley Road, Birmingham, B16 8FZ3
£3,40012/240.23 miThe Mercian, Birmingham, B153
£3,40012/240.23 miThe Mercian, Birmingham, B153
£3,40012/240.23 miThe Mercian, Birmingham, B153
£3,40012/240.24 miThe Mercian, Birmingham, B153
£3,40012/240.24 miThe Mercian, Birmingham, B153
£3,40012/240.24 miThe Mercian, Birmingham, B153
£3,40012/240.24 miThe Mercian, Birmingham, B153
£3,11012/240.24 miThe Mercian, Birmingham, B153
£3,11012/240.24 miThe Mercian, Birmingham, B153
£3,11012/240.24 miThe Mercian, Birmingham, B153
£3,40012/240.24 miThe Mercian, Birmingham, B153
£3,11012/240.24 miThe Mercian, Birmingham, B153
£3,35012/240.25 miThe Mercian, Broad Street, Birmingham3
£3,11012/240.25 miThe Mercian, Broad Street, Birmingham3
£3,11012/240.25 miThe Mercian, Broad Street, Birmingham3
£2,00004/250.25 mi-3
£3,40012/240.25 miThe Mercian, Broad Street, Birmingham3
£2,91512/240.25 miBroad Street, Birmingham, B153
£3,40012/240.25 miBroad Street, Birmingham, B153
£8,00012/240.25 miBroad Street, Birmingham, B153
£1,55012/240.3 miBroadway Plaza, 220 Ladywood Middleway3
£3,99902/250.31 mi-3
£2,20012/240.33 miPenthouse, 40 Ryland, B163
£3,00012/240.34 mi-3
£2,50002/250.34 mi-3
£1,80012/240.38 miSheepcote Street, Birmingham, B163
£1,95012/240.4 mi-3
£1,75503/250.4 mi-3
£1,20012/240.41 miDunston Court, Wheeleys Road, Edgbaston, B153
£1,79512/240.43 mi-3
£1,99512/240.43 mi-3
£1,79512/240.43 mi-3
£1,99512/240.43 miBridge Street, Birmingham, B13
£1,75512/240.43 miGilldown Place, Birmingham3
£1,15003/250.44 mi-3
£3,35012/240.44 miTriplex, King Edwards Wharf, Sheepcote Street, B163
£15012/240.46 mi-3

Links

Local Area Statistics

Population in B15

17,552

Population in Birmingham

1,034,821

Town centre distance

1.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+71%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £175,000

March 5, 2025

Description

  • Great Location +
  • In Need of Modernisation +
  • Perfect investment Opportunity +
  • Walking distance from Amenities +
  • Off Road Parking +
  • Huge Potential +
  • Tenant in Situ +
  • Perfect for 1st Time Buyer +
  • Bars and Restaurants Close by +

The property features a spacious open-plan kitchen and dining area, providing a great space for family meals and entertaining. Currently, the property has tenants in situ, making it an ideal investment opportunity. However, it would benefit from some modernisation, allowing the new owner to put their personal stamp on the property and enhance its potential. The house also benefits from off-road parking, adding convenience for residents. With its proximity to local shops, transport links, and the city centre, this property offers both comfort and potential in a great location. Perfect for investors looking for a rental property with room for improvement or homeowners seeking a project. EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 74 years 2 months,

Agent Details

Northwood, Birmingham

0121 387 6640

Next Steps?

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

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