2 Bed Flat, Single Let, Birmingham, B16 8DB, £229,000

36 Ryland Street, Birmingham B16 8DB - a month ago

Leasehold
BTL
ROI: 2%
41 m²
+4 photos

ValuationOvervalued

Sold Prices£90K - £500K
Sold Prices/m²£1.3K/m² - £4.5K/m²

 

 

Square Metres

41 m²
Price/m²£5.6K/m²

Value Estimate

£115,740

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,250

Stamp Duty & Legal Fees

£14,730

Total Cash In

£71,980

 

 

Cash Out

 

Rent Range

£975 - £2,800

Rent Estimate

£1,100

Running Costs/mo

£956

Cashflow/mo

£144

Cashflow/yr

£1,733

ROI

2%

Gross Yield

6%

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 
£180K08/210.15 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£153.5K06/210.18 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£125K12/210.29 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.29 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£182K12/220.39 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£235K07/210.39 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£100K07/210.43 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£90K06/210.47 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£290K09/210.53 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£500K02/210.55 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/210.55 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/200.55 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/220.55 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£290K10/220.69 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£144.5K09/210.73 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£150K02/230.9 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/210.9 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/220.9 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£244K03/210.92 mi31d, Northwood Street, Birmingham, West Midlands B3 1TX2
£202.5K01/230.92 miApartment 8, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£208K05/210.93 miApartment 34, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£180K04/220.93 miApartment 22, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2

Local Rents

50 rents from £975/mo to £2.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15012/240 mi36 Ryland Street, Birmingham B16 8DB2
£1,40002/250 mi-2
£99502/250.02 mi-2
£1,17512/240.03 miRyland Street, Birmingham, B162
£1,10012/240.03 miRyland Street, Birmingham, Birmingham, B162
£1,20012/240.03 miRyland Street, Birmingham, B162
£1,15012/240.03 miRyland Street, Birmingham, B162
£1,40012/240.03 mi-2
£1,20012/240.03 miCallisto Apartments, 38 Ryland Street, Birmingham, B162
£1,15012/240.03 miCallisto, Jupiter2
£1,25012/240.03 miCallisto House, Ryland Street, Birmingham City Centre2
£1,20012/240.03 miCallisto, Jupiter2
£1,10012/240.03 miSinope, Ryland Street2
£1,15003/250.04 mi-2
£1,20012/240.04 miRyland Street, Birmingham2
£1,12512/240.04 mi-2
£1,15012/240.04 miVoyager, 51 Sherbourne Street, Birmingham, B162
£1,15012/240.04 miVoyager @ Jupiter 51 Sherborne Street, Birmingham B16 8FP2
£1,55012/240.05 miSherborne Street, City Centre, Birmingham, B16 8FQ2
£1,17512/240.05 miRyland Street, Birmingham, B162
£1,25012/240.05 miRyland Street, BIRMINGHAM2
£2,80002/250.05 mi-2
£1,45002/240.05 mi-2
£1,10003/240.05 mi-2
£1,20012/240.05 mi-2
£1,47503/250.05 mi-2
£1,20012/240.05 miRyland Street, Birmingham, B162
£1,15012/240.05 mi40 Ryland Street, B162
£1,15012/240.05 mi40 Ryland Street, B162
£1,25003/250.05 mi-2
£1,25003/250.05 mi-2
£1,25012/240.06 miFlat C-13, Sherborne Place, 1 Marina Place, Birmingham, B16 8WQ2
£1,25012/240.06 miFlat C25, Sherborne Place, Marina Place, Birmingham, B162
£1,43502/250.07 mi-2
£1,48502/250.07 mi-2
£1,12502/250.07 mi-2
£1,12503/250.07 mi-2
£1,25012/240.07 miA33, Sherborne Place, Grosvenor Street West, Birmingham, B162
£97512/240.09 mi128 Morville Street, Birmingham2
£1,15012/240.09 miSheepcote Street, Birmingham, B162
£1,20012/240.09 miSheepcote Street, Birmingham, B162
£1,49502/240.09 mi-2
£1,17501/250.1 mi-2
£1,29012/240.11 mi-2
£1,29012/240.11 mi-2
£1,25001/250.11 mi-2
£1,25001/250.11 mi-2
£1,29012/240.11 mi-2
£1,29012/240.11 mi-2
£1,29012/240.11 mi-2

Local Area Statistics

Population in B16

23,618

Population in Birmingham

1,034,821

Town centre distance

1.80 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-17%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £229,000

March 10, 2025

Description

  • EWS1 Form Issued +
  • Secure Allocated Parking +
  • Master Bedroom With Ensuite +
  • White Goods +
  • Fourth Floor +
  • Balcony +
  • Investment Opportunity +

Avery Residential are proud to offer this fourth floor, 2 bedroom & 2 bathroom apartment which benefits from allocated parking, balcony with views of the park and a master bedroom with en-suite. The apartment is located in the sought after Jupiter development close to Broad Street, Brindley Place and a short walk to the newly installed tram-line.

The accommodation briefly consists of: entrance hallway with built in storage cupboard, lounge/diner with balcony, kitchen area, double bedroom, contemporary bathroom with bath and shower and master bedroom with ensuite.

EPC: C

Agent Details

Avery Residential, London

0121 387 3423

Next Steps?

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