2 Bed Flat, Single Let, Birmingham, B16 8FQ, £280,000
Sherborne Street, City Centre, Birmingham, B16 8FQ - 2 views - 2 months ago
Leasehold
BTL
~68 m²





+30 photos
ValuationOvervalued
Sold Prices | £90K - £500K |
Sold Prices/m² | £1.3K/m² - £4.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £4.1K/m² |
Value Estimate | £192,272 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £70,000 |
Stamp Duty & Legal Fees | £19,200 |
Total Cash In | £89,200 |
| |
Cash Out | |
Rent Range | £995 - £2,800 |
Rent Estimate | £1,100 |
Running Costs/mo | £1,115 |
Cashflow/mo | £-15 |
Cashflow/yr | £-180 |
Gross Yield | 5% |
Local Sold Prices
22 sold prices from £90K to £500K, average is £180K. £1.3K/m² to £4.5K/m², average is £2.8K/m².
Local Rents
50 rents from £995/mo to £2.8K/mo, average is £1.3K/mo.
Local Area Statistics
Population in B16 | 23,618 |
Population in Birmingham | 1,034,821 |
Town centre distance | 1.81 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.50 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -17% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +27% |
Property History
Listed for £280,000
March 6, 2025
Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
2 Bed House, Single Let, Birmingham, B16 8DB
£295,000
2 views • a month ago • 49 m²
2 Bed Flat, Single Let, Birmingham, B16 8FP
£235,000
21 days ago • 68 m²
2 Bed Flat, Single Let, Birmingham, B16 8FP
£200,000
2 views • 2 months ago • 68 m²
2 Bed Flat, Single Let, Birmingham, B16 8FP
£160,000
7 views • 4 months ago • 68 m²