3 Bed Terraced House, Single Let, Smethwick, B66 3HU, £245,000

Shaldon Walk, Smethwick, B66 3HU - a month ago

BTL
~93 m²
+22 photos

ValuationOvervalued

Sold Prices£73K - £295K
Sold Prices/m²£785/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£167,400

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£13,450

Total Cash In

£74,700

 

 

Cash Out

 

Rent Range

£800 - £4,000

Rent Estimate

£919

Running Costs/mo

£969

Cashflow/mo

£-50

Cashflow/yr

£-605

Gross Yield

5%

Local Sold Prices

50 sold prices from £73K to £295K, average is £152.5K. £785/m² to £3.3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£151K04/210.06 mi1, Honiton Walk, Smethwick, West Midlands B66 3HR3
£146.3K03/210.27 mi3, Bush Avenue, Smethwick, West Midlands B66 3LD3
£105K12/200.28 mi14, Bridge Street South, Smethwick, West Midlands B66 3DR3
£198K04/230.29 mi66, Windmill Lane, Smethwick, West Midlands B66 3ES3
£240K03/230.31 mi15, Firs Lane, Smethwick, West Midlands B67 6AD3
£146K05/210.31 mi46, Norton Close, Smethwick, West Midlands B66 3JA3
£142K10/210.33 mi90, Trafalgar Road, Smethwick, West Midlands B66 3SA3
£195K12/220.34 mi11, Metric Walk, Smethwick, West Midlands B67 7DX3
£160K10/220.34 mi46, Woodlands Street, Smethwick, West Midlands B66 3TE3
£135K12/200.34 mi91, Windmill Lane, Smethwick, West Midlands B66 3EW3
£150K03/210.35 mi9, Salisbury Road, Smethwick, West Midlands B66 3RU3
£153K01/210.36 mi37, Rosefield Road, Smethwick, West Midlands B67 6DU3
£185K05/230.36 mi32, Rosefield Road, Smethwick, West Midlands B67 6DU3
£175K01/230.37 mi80, Trafalgar Road, Smethwick, West Midlands B66 3SF3
£118K07/210.37 mi72, Salisbury Road, Smethwick, West Midlands B66 3RX3
£145K04/210.37 mi105, Salisbury Road, Smethwick, West Midlands B66 3RX3
£191K04/230.4 mi23, Queens Close, Smethwick, West Midlands B67 7DY3
£149K08/210.4 mi51, Rosebery Road, Smethwick, West Midlands B66 3RZ3
£182K06/230.4 mi62, Rosebery Road, Smethwick, West Midlands B66 3RZ3
£160K03/230.4 mi23, Dynes Walk, Smethwick, West Midlands B67 7DU3
£145K05/210.4 mi15, Woodlands Street, Smethwick, West Midlands B66 3TF3
£145K05/210.4 mi15, Woodlands Street, Smethwick, West Midlands B66 3TF3
£112.5K07/210.41 mi2, Pens Close, Smethwick, West Midlands B66 4LH3
£112.5K07/210.41 mi2, Pens Close, Smethwick, West Midlands B66 4LH3
£133.8K01/230.41 mi69, Parkhill Road, Smethwick, West Midlands B67 6AU3
£177K12/220.42 mi46, Rosefield Road, Smethwick, West Midlands B67 6DX3
£195K03/230.42 mi44, Rosefield Road, Smethwick, West Midlands B67 6DX3
£80K04/210.42 mi52, Rosefield Road, Smethwick, West Midlands B67 6DX3
£110K10/210.44 mi19, Highfield Road, Smethwick, West Midlands B67 6AP3
£238K08/210.45 mi78, Coopers Lane, Smethwick, West Midlands B67 7DJ3
£150K12/220.47 mi40, Parkhill Road, Smethwick, West Midlands B67 6AU3
£142K05/230.47 mi51, Cheshire Road, Smethwick, West Midlands B67 6DN3
£126K05/210.47 mi129, Cheshire Road, Smethwick, West Midlands B67 6DN3
£195K07/230.47 mi44, Cheshire Road, Smethwick, West Midlands B67 6DN3
£136.5K05/210.47 mi21, Parkhill Road, Smethwick, West Midlands B67 6AS3
£210K10/230.5 mi5, New Hope Road, Smethwick, West Midlands B66 3TX3
£152K02/210.5 mi33, Parkes Street, Smethwick, West Midlands B67 6BA3
£126.5K11/200.5 mi28, Parkes Street, Smethwick, West Midlands B67 6AZ3
£185K08/220.51 mi173, Cape Hill, Smethwick, West Midlands B66 4SH3
£228K05/230.51 mi171, Cape Hill, Smethwick, West Midlands B66 4SH3
£220K04/210.52 mi18, Burn Close, Smethwick, West Midlands B66 4JE3
£73K02/210.52 mi133, Arden Road, Smethwick, West Midlands B67 6EN3
£295K02/230.52 mi78, Coopers Lane, Smethwick, West Midlands B67 7DJ3
£245K11/230.54 mi2, Kelvin Drive, Smethwick, West Midlands B66 4SU3
£210K08/210.55 mi91, Kinsey Road, Smethwick, West Midlands B66 4SL3
£177.5K12/200.56 mi6, Lotus Croft, Smethwick, West Midlands B67 6ER3
£196.5K10/220.56 mi11, Cemetery Road, Smethwick, West Midlands B67 6BB3
£268K10/230.56 mi56, Grange Road, Smethwick, West Midlands B66 4NQ3
£120K09/210.57 mi96, Edith Road, Smethwick, West Midlands B66 4QY3
£196K08/230.57 mi94, Edith Road, Smethwick, West Midlands B66 4QY3

Local Rents

20 rents from £800/mo to £4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15512/240.15 miSmethwick, West Midlands, B673
£1,10012/240.17 miMessenger Road, B663
£1,30003/250.19 mi-3
£1,50003/250.2 mi-3
£1,45002/240.21 mi-3
£1,30012/240.21 miCrocketts Lane, Smethwick, Birmingham3
£80012/240.26 miScribbans Close, Smethwick, West Midlands3
£1,20012/240.34 miRoslyn Close, Smethwick, West Midlands, B663
£1,20012/240.35 mismethwick, B663
£1,10012/240.42 miRosefield Road, Smethwick3
£1,15011/240.42 mi-3
£1,50003/240.45 mi-3
£90012/240.47 miParkhill Road, Smethwick, B673
£97503/250.48 mi-3
£4,00003/250.48 mi-3
£1,10012/240.49 miGreen Street, Smethwick, Birmingham3
£1,40001/250.52 mi-3
£1,29512/240.6 miCrown Street, Smethwick3
£1,75003/250.6 mi-3
£1,17503/250.6 mi-3

Local Area Statistics

Population in B66

21,335

Population in Smethwick

51,344

Town centre distance

0.59 miles away

Nearest school

0.10 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+32%

Property History

Listed for £245,000

March 5, 2025

Floor Plans

Description

  • Well-presented end-terrace home +
  • Ideal for first-time buyers or investors +
  • Spacious living/dining room leading to conservatory +
  • Three well-proportioned bedrooms +
  • Lovely tiered rear garden with great views +
  • Close to Victoria Park, schools & transport links +
  • No onward chain +

This well presented end terrace property offers an excellent opportunity for first time buyers or those seeking a buy to let investment. Thoughtfully designed for comfortable living, the home features a welcoming porch leading into a bright entrance hall. A convenient downstairs WC adds practicality, while the spacious living and dining area flows seamlessly into a charming conservatory, providing an ideal space for relaxation or entertaining. The kitchen is well-equipped, offering ample storage and workspace.

Upstairs, the property boasts three generously sized bedrooms, all well-proportioned and filled with natural light. The modern family bathroom has been stylishly updated to provide a sleek and functional space. Outside, the tiered rear garden is a true highlight, offering stunning views and a delightful setting for outdoor enjoyment.

Situated in a sought-after location, the home is within easy reach of Victoria Park, well regarded schools, excellent transport links, and a variety of shopping facilities. With no onward chain, this property presents a fantastic opportunity for buyers looking for a hassle-free move.

Agent Details

haart, Harborne

0121 387 6520

Next Steps?

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