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