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.

PriceDateDistanceAddressBeds 
£180K08/210.12 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£153.5K06/210.17 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£125K12/210.26 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.26 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£182K12/220.35 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£235K07/210.38 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£100K07/210.39 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£90K06/210.43 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£290K09/210.52 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£500K02/210.59 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/210.59 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/200.59 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/220.59 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£290K10/220.64 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£144.5K09/210.77 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£244K03/210.87 mi31d, Northwood Street, Birmingham, West Midlands B3 1TX2
£202.5K01/230.87 miApartment 8, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£208K05/210.88 miApartment 34, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£180K04/220.88 miApartment 22, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£150K02/230.89 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/210.89 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/220.89 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2

Local Rents

50 rents from £995/mo to £2.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,55012/240 miSherborne Street, City Centre, Birmingham, B16 8FQ2
£1,20012/240.02 miRyland Street, Birmingham2
£1,25012/240.02 miFlat C-13, Sherborne Place, 1 Marina Place, Birmingham, B16 8WQ2
£1,25012/240.02 miFlat C25, Sherborne Place, Marina Place, Birmingham, B162
£1,25003/250.03 mi-2
£1,25003/250.03 mi-2
£1,25004/250.03 mi-2
£1,25004/250.03 mi-2
£1,12512/240.03 mi-2
£1,15003/250.04 mi-2
£1,15012/240.04 miVoyager, 51 Sherbourne Street, Birmingham, B162
£1,15012/240.04 miVoyager @ Jupiter 51 Sherborne Street, Birmingham B16 8FP2
£1,15012/240.05 mi36 Ryland Street, Birmingham B16 8DB2
£99502/250.05 mi-2
£1,43502/250.05 mi-2
£1,48502/250.05 mi-2
£1,40012/240.05 mi-2
£1,40004/250.05 mi-2
£1,15012/240.05 miCallisto, Jupiter2
£1,25012/240.05 miCallisto House, Ryland Street, Birmingham City Centre2
£1,20012/240.05 miCallisto, Jupiter2
£1,12502/250.06 mi-2
£1,45004/250.06 mi-2
£1,00004/250.06 mi-2
£1,15012/240.06 miSheepcote Street, Birmingham, B162
£1,20012/240.06 miSheepcote Street, Birmingham, B162
£1,20012/240.06 miCallisto Apartments, 38 Ryland Street, Birmingham, B162
£1,45002/240.06 mi-2
£1,10003/240.06 mi-2
£1,20012/240.06 mi-2
£1,45004/250.06 mi-2
£1,20012/240.06 miRyland Street, Birmingham, B162
£2,80002/250.06 mi-2
£1,15012/240.06 mi40 Ryland Street, B162
£1,15012/240.06 mi40 Ryland Street, B162
£1,49502/240.06 mi-2
£1,29012/240.06 mi-2
£1,29012/240.06 mi-2
£1,25001/250.06 mi-2
£1,25001/250.06 mi-2
£1,25012/240.06 miRyland Street, BIRMINGHAM2
£1,17512/240.07 miRyland Street, Birmingham, B162
£1,10012/240.07 miRyland Street, Birmingham, Birmingham, B162
£1,20012/240.07 miRyland Street, Birmingham, B162
£1,15012/240.07 miRyland Street, Birmingham, B162
£1,29012/240.07 mi-2
£1,29012/240.07 mi-2
£1,29012/240.07 mi-2
£1,25001/250.07 mi-2
£1,25001/250.07 mi-2

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

  • Loft style apartment +
  • With it's own entrance +
  • Master with ensuite bathroom +
  • Secure, allocated parking +
  • No upward chain +
  • Stunning kitchen/diner/living +
  • Exceptionally high ceilings +
  • Private outlook to the rear +

Boasting its own private secure entrance with audio intercom which in turn leads into the entrance hallway. A further door then goes through to the open plan living room/kitchen which is a superb space offering exposed brickwork, feature lighting and wood effect flooring. The kitchen has a range of wall and base units with quartz work surfaces and integrated appliances to include, oven, hob, extractor hood, fridge freezer, washer dryer and dishwasher. Further doors lead to the two good sized double bedrooms, one with en suite shower room and family bathroom with high quality sanitary ware, feature mirror and heated towel rail. No upward chain.

This apartment is situated in the ever popular Jupiter development just a short stroll from the famous Brindley place area of Birmingham city centre with tree-lined squares, International cuisine and an enviable canalside location.
Perfectly positioned next to Arena Birmingham and the International Convention Centre (ICC) home to the Symphony Hall it makes an ideal place for a pre-concert meal and drinks. It is also well connected being just a ten minute walk from New Street Station and just off Broad Street which is served by local buses.

Agent Details

Wentworth & Rose, Harborne

0121 387 6490

Next Steps?

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