3 Bed Terraced House, Single Let, Smethwick, B66 4DT, £49,000

Talbot Road, Smethwick, B66 4DT - 7 views - 2 months ago

Auction
BTL
ROI: 27%
~93 m²
+16 photos

ValuationUndervalued

Sold Prices£120K - £380K
Sold Prices/m²£1.4K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£527/m²

Value Estimate

£70,800
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,250

Stamp Duty & Legal Fees

£4,150

Total Cash In

£16,400

 

 

Cash Out

 

Rent Range

£950 - £4,000

Rent Estimate

£787

Running Costs/mo

£331

Cashflow/mo

£456

Cashflow/yr

£5,478

ROI

33%

Gross Yield

19%

Local Sold Prices

50 sold prices from £120K to £380K, average is £190K. £1.4K/m² to £4.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£160K12/200.07 mi178, Merrivale Road, Smethwick, West Midlands B66 4EA3
£190K10/220.07 mi188, Merrivale Road, Smethwick, West Midlands B66 4EA3
£177.5K08/220.07 mi90, Marlborough Road, Smethwick, West Midlands B66 4DW3
£265K05/210.14 mi187, Willow Avenue, Edgbaston, Birmingham, West Midlands B17 8HJ3
£222K03/210.16 mi237, Bearwood Road, Smethwick, West Midlands B66 4NA3
£163K11/200.17 mi19, Belmont Road, Smethwick, West Midlands B66 4EL3
£190K01/230.17 mi1, Beakes Road, Smethwick, West Midlands B67 5RS3
£221K09/220.19 mi32, Merrivale Road, Smethwick, West Midlands B66 4EJ3
£185K09/210.19 mi73, Beakes Road, Smethwick, West Midlands B67 5RS3
£230.5K09/230.19 mi20, Rawlings Road, Smethwick, West Midlands B67 5AA3
£215K01/210.2 mi158, Waterloo Road, Smethwick, West Midlands B66 4NE3
£168K02/230.21 mi33, Vince Street, Smethwick, West Midlands B66 4JD3
£210K01/230.21 mi109, Rawlings Road, Smethwick, West Midlands B67 5AD3
£190K08/230.21 mi15, Rawlings Road, Smethwick, West Midlands B67 5AD3
£185K10/230.23 mi79, Reginald Road, Bearwood, Smethwick, West Midlands B67 5AF3
£380K09/220.24 mi52, Willow Avenue, Edgbaston, Birmingham, West Midlands B17 8HD3
£165K08/230.25 mi43, Capethorn Road, Smethwick, West Midlands B66 4LY3
£329K06/210.25 mi43, Willow Avenue, Edgbaston, Birmingham, West Midlands B17 8HP3
£181K08/210.27 mi12, Wellington Road, Smethwick, West Midlands B67 6EX3
£176K12/220.28 mi146, Selsey Road, Birmingham, West Midlands B17 8JT3
£250K11/210.29 mi58, Grange Road, Smethwick, West Midlands B66 4NQ3
£268K10/230.29 mi56, Grange Road, Smethwick, West Midlands B66 4NQ3
£120K02/210.29 mi152, Sycamore Road, Smethwick, West Midlands B66 4NS3
£182K01/230.29 mi139, Sycamore Road, Smethwick, West Midlands B66 4NS3
£179.9K11/210.3 mi6, Ethel Street, Bearwood, Smethwick, West Midlands B67 5AL3
£160K08/230.3 mi70, Stanhope Road, Smethwick, West Midlands B67 6JJ3
£215K09/230.31 mi16, Davison Road, Smethwick, West Midlands B67 6JL3
£135K08/210.31 mi29, Davison Road, Smethwick, West Midlands B67 6JL3
£135K12/200.33 mi108, Thimblemill Road, Smethwick, West Midlands B67 5QS3
£181K04/210.34 mi19, Valley Road, Smethwick, West Midlands B67 6JE3
£166K11/200.35 mi86, Westbury Road, Birmingham, West Midlands B17 8JH3
£152K05/210.35 mi14, Valley Road, Smethwick, West Midlands B67 6JF3
£135K11/210.36 mi49, Gilbert Road, Smethwick, West Midlands B66 4PY3
£180K12/200.37 mi64, Astbury Avenue, Smethwick, West Midlands B67 6JH3
£180K03/210.37 mi117, Ridgeway, Edgbaston, Birmingham, West Midlands B17 8JD3
£235K05/210.37 mi193, Lightwoods Road, Smethwick, West Midlands B67 5AZ3
£255K10/230.37 mi155, Lightwoods Road, Smethwick, West Midlands B67 5AZ3
£289.9K03/210.37 mi162, Lightwoods Road, Smethwick, West Midlands B67 5AZ3
£310K06/230.38 mi17, Wadhurst Road, Birmingham, West Midlands B17 8JF3
£315K03/210.38 mi19, Wadhurst Road, Birmingham, West Midlands B17 8JF3
£220K04/210.39 mi18, Burn Close, Smethwick, West Midlands B66 4JE3
£206K12/220.39 mi27, Katherine Road, Smethwick, West Midlands B67 5QZ3
£235K02/210.39 mi156, Milcote Road, Smethwick, West Midlands B67 5BW3
£160K10/230.39 mi48, Astbury Avenue, Smethwick, West Midlands B67 6JB3
£242.8K10/210.4 mi127, Pargeter Road, Smethwick, West Midlands B67 5HZ3
£202K09/210.4 mi129, Pargeter Road, Smethwick, West Midlands B67 5HZ3
£260K12/220.4 mi44, Wadhurst Road, Birmingham, West Midlands B17 8JE3
£160K08/230.41 mi128, Stanhope Road, Smethwick, West Midlands B67 6HP3
£176K08/220.41 mi144, Stanhope Road, Smethwick, West Midlands B67 6HP3
£355K12/220.41 mi30, George Dixon Road, Birmingham, West Midlands B17 8LQ3

Local Rents

32 rents from £950/mo to £4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,00004/250.11 mi-3
£1,35001/250.17 mi-3
£1,35004/250.17 mi-3
£3,00003/240.22 mi-3
£1,19512/240.23 miReginald Road, Smethwick3
£1,17503/250.27 mi-3
£1,10012/240.31 mi-3
£1,05012/240.35 miWestbury Road, Edgbaston, B17 8JH3
£95012/240.39 miOld Chapel Road, Smethwick3
£1,39512/240.39 miMill Hill, Smethwick3
£1,15012/240.39 miPortland Road, BIRMINGHAM3
£1,15012/240.39 miPortland Road, Edgbaston3
£1,20004/250.4 mi-3
£1,20002/250.41 mi-3
£1,59502/250.41 mi-3
£4,00004/250.42 mi-3
£1,15012/240.46 miPoplar Road, Smethwick3
£99512/240.46 miSandon Road, Edgbaston, Birmingham, B17 8DT3
£1,19512/240.46 miAddenbrooke Road, Smethwick3
£1,15003/250.47 mi-3
£1,20012/240.5 miPark Road, Smethwick, B673
£1,20012/240.5 mi-3
£1,35012/240.53 miAvery Avenue, Edgbaston, Birmingham, B163
£1,27004/250.53 mi-3
£1,15004/250.55 mi-3
£1,10012/240.56 miRosefield Road, Smethwick3
£1,35003/240.56 mi-3
£1,35012/240.56 miLightwoods Road, Smethwick, B673
£1,25012/240.57 miLightwoods Road, Bearwood, B67 5BH3
£1,00003/250.58 mi-3
£1,00004/250.58 mi-3
£1,10012/240.6 miOliver Road, Cape Hill3

Local Area Statistics

Population in B66

21,335

Population in Smethwick

51,344

Town centre distance

0.38 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+32%

Property History

Price changed to £49,000

March 28, 2025

Listed for £59,000

March 7, 2025

Description

  • View more: underthehammer.com +

For Sale by under the hammer online auction. Wednesday 9th - Wednesday 9th April 2025 - Head over to our website to download the legal pack, register to bid and see more information. A freehold three bedroom property in a residential area of Bearwood The property has an entrance hallway, lounge, dining room, kitchen, conservatory with separate W.C. , three bedrooms and an upstairs family bathroom Externally the property benefits from front yard and a rear garden  The house is currently in need of refurbishment and is surrounded by well presented properties on a residential road, having huge upward potential for someone looking to add value.  Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving. VIEWING DAYS & TIME Tuesday 11th March 2025: 2pm Tuesday 25th March 2025: 2pm Saturday 5th April 2025: 2pm Monday 7th April 2025: 2pm Here's what to do next

  • Visit - Our website and view the auction terms.
  • View - Book a viewing directly through our website.
  • Register - Get registered prior to the auction opening date.
  • Legal Pack - Download and view the legal pack to find out all the relevant information.
  • Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
  • Bidding - Everything is completed online through the website and the intuitive bidding controls. If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website

Agent Details

Under The Hammer, Birmingham

03455 120115

Next Steps?

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